1. What is the main objective of the paper 'Gender diversity and firm performances suffering from financial distress: evidence from Indonesia'?
The main objective of the paper 'Gender diversity and firm performances suffering from financial distress: evidence from Indonesia' is to demonstrate the impact of gender diversity in corporate governance on firm performance during financial distress. The authors, Ahmad Abbas and Andi Ayu Frihatni, aimed to test this effect by analyzing data collected from 467 public companies in Indonesia. They employed logistic regression as the machine learning method to examine the relationship between gender diversity in the board of commissioners and the likelihood of firms suffering from financial distress. The findings revealed that firms with gender diversity in their board structure tend to experience lower levels of financial distress compared to firms with non-gender diversity. This research contributes to the understanding of the role of gender diversity in corporate governance and its potential impact on firm performance during challenging financial situations.
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