Lembar Review Article:Board Diversity and Profitability in Small-Capitalization Companies Listed on the Indonesia Stock Exchange

Lembar Review Article: The objective of the study is to determine the influence of board diversity on profitability with sales growth as a control variable in small capitalization companies listed on the Indonesia Stock Exchange. The research sample was determined by rankingcapitalization from the largest to the smallest. The companies with a capitalization value of IDR. 1 billion and under are categorized as small-capitalization companies. By using the Solvin method, a number of 47 companies as research samples were obtained. The observation was conducted from 2013 through 2017. The research model used multiple regression with profitability as the dependent variable. The results of the study indicate that the age of the board directors tends to affect the profitability of small- capitalization companies at a 95% confidence level. Furthermore, at the confidence level of 90%, the presence ofwomenon the board of commissioners may have a positive effect on the profit of small-capitalization companies.