BOARD DIVERSITY AND FINANCIAL PERFORMANCE IN INDONESIA

Corporate governance has attracted many researchers to examine the relationship between board characteristics and financial performance. This study aims determine effect of diversity, size, independence on research is panel data with number observations reaching 1,355 years observation. Financial performance measured using accounting-based market-based. It was found that presence female directors could not provide sound performance, even a woman's prudence attitude would have an impact decreasing company's market value. The size does affect large will decline in firm Independent are also proven be able improve performance; tendency companies carelessly fulfill provisions rules regarding existence independent bring burden company so it