
Problems and Perspectives in Management, Journal Year: 2025, Volume and Issue: 23(1), P. 288 - 298
Published: Feb. 19, 2025
This study analyzes the effect of gender diversity, board size, and environmental, social, governance (ESG) disclosures on firm performance risk management in consumer goods sector Indonesia, targeting companies listed Indonesia Stock Exchange from 2020 to 2022. Based 273 cases using partial least squares-structural equation modeling (PLS-SEM), this paper tests eight direct moderating hypotheses. The results reveal that both diversity size positively impact value, while successfully reduces risk. However, does not mitigate risks. findings indicate increasing are related performance, only contributes effectively reduction. ESG play a role, enhancing synergy between but showing mixed effects Overall, highlights importance integrating strong practices achieve better outcomes, improve transparency, develop more competitive corporate strategy. AcknowledgmentThe author would like thank Higher Education Service Institute Region VII Ministry Education, Culture, Research Technology Directorate Research, Community Service, General for funding research with contract number 076/SP2H/PT/LL7/2024.
Language: Английский