Ethnic, Skill, Qualification Diversity of Board of Commissioners and Stock Performance

摘要

The goal of this study is to examine the effect of ethnic, skill, and qualification diversity of the board of commissioners on stock performance in emerging markets. This study employs 266 companies listed on IDX (Indonesia Stock Exchange) during 2011-2017 periods. The result shows that ethnic, skill, and qualification diversity of the board of commissioners do not have a positive impact on stock performance among Indonesian companies. However, quality audit and company age (CA) have negative and significant impact on stock performance.