The Gender Effect: Evaluating Women's Leadership Influence on Company Financial Distress

The objective of this research is to investigate the impact of the board of commissioners, board of directors, audit committee, and gender diversity on financial distress in companies within the property and real estate subsector listed on the Indonesia Stock Exchange (IDX) from 2021 to 2024, while controlling for company size. This study utilizes a quantitative methodology that involves the use of panel data regression. The sample was obtained using a purposive sampling method based on defined criteria, yielding a total of 60 companies and 240 observations during the designated timeframe. The findings of this research suggest that the independent variables jointly influence financial distress. Furthermore, gender diversity has a negative effect on financial distress, while the other variables appear to have no meaningful impact.