The Role of the Board of Commissioners Gender Diversity on the Effect of Other Comprehensive Income on Audit Fees

Abstract

Monitoring costs as agency costs can minimize information asymmetry
and improve the quality of the financial statement. The purpose of this
study was to examine the effect of other comprehensive income (OCI)
on audit fees, with the board commissioner's gender diversity
moderated. Non-Financial Company listed on the Indonesia Stock
Exchange from 2019 to 2023 represent the study's population. This
study sampling technique uses the census. The data analysis technique
uses PLS-SEM. This study found that OCI affects audit fees, and the
board of commissioners’s gender diversity strengthens that
relationship. The theoretical contribution of this study is to strengthen
agency theory in increasing agency costs to minimize conflicts of
interest and information asymmetry. For potential investors, as a
strategy to invest in companies that have high audit fees due to the
strong encouragement from the board of commissioners’s gender
diversity. For the government, strengthen the policy of female
leadership on corporate boards to improve good governance.