The Influence of Gender, Nation, Education, and Age of Board Members on the Company’s Financial Performance

Public companies are asked to execute good corporate governance (GCG), in conformance with the insistence of interested parties, which are regulated in the Financial Services Authority Regulation No.21/Pojk.04/2015 and Circular Letter of the Financial Services Authority No.32/SEOJK.04 years 2015. Implementation of GCG as stated by some literatures requires diversity in the commissioners and directors board, resulting in a positive effect on the company's financial performance with an impact on achieving a going concern for a long period. The research objective was to investigate whether there is an effect of gender diversity, nationality, educational background, age of board members on the financial performance of manufacturing companies. The research sample is manufacturing companies in the 2015-2018 period with a total of 63 companies with 256 firm years of observation. The research location is the Tarumanagara University Stock Corner. The conclude of the study are (1) Gender in board members cannot increase/ decrease the company's financial performance; (2) Nationality of board members has a positive effect on the financial performance of manufacturing companies; (3) The educational background of board members can improve the financial performance of manufacturing firms;(4) The age of the board members cannot increase/ decrease the financial performance of the manufacturing company.