This study aims to investigate the effect of board diversity (gender,
educational level, nationality, and the presence of independent board) partially to
the intellectual capital performance with the moderating effect of the effectiveness
of board meetings. This research adopted Pulic (1998) model to measure the
intellectual capital performance. Board Diversity was measured by Blau’s Index,
while the effectiveness of board meetings was measured by the number of joint
meetings that have been held by the board of directors and board of
commissioners per year.
Population of this research were banks, insurance, telecommunication and
computer companies which have met some criteria as knowledge-intensive
companies. Samples were taken for the year 2012-2015. Samples was collected by
purposive sampling method where researcher established some criteria to be the
research data. Moderated Regression Analysis (MRA) on IBM SPSS 20. was used
to test the research data.
This research indicated that companies with a high level of board diversity
in terms of gender, educational level, nationality, and the presence of an
independent board without effectiveness of board meetings have lower intellectual
capital performance except nationality diversity. Furthermore, this research found
that board diversity partially are gender, educational level, nationality, and the
presence of independent board with more effective board meetings have higher
intellectual capital performance except nationality diversity which have a negative
effect on intellectual capital performance