Paper Title
Re-Examine the Effect of the Board's Characteristics on the Value of the Firm (Empirical Study on Nonfinancial Companies in the Indonesia Stock Exchange)

Abstract
This study aims to determine the relevance of the Characteristics of the Board of Commissioners and the value of non-financial public corporations in the Indonesia Stock Exchange. This research is driven by the importance of corporate value and the Characteristics of the Board of Commissioners in Indonesia. The Company's Value and Characteristics of the Board of Commissioners in Indonesia are increasingly important as many companies are not able to maintain the value of the company despite having a qualified Board of Commissioners. This research is original because this research hypothesis is different from previous research hypothesis. The hypothesis of this study assumes no influence of the board of commissioners on the value of the company. Using secondary data from annual reports published on the Indonesia Stock Exchange in 2009, 2010, 2011, 2012, and 2013. With the population of 1280 observations, this study collects the sample of 525 observations. Processing data of this study uses the regression method by IBM SPSS 20th version. The study found that the size of the Board of Commissioners, the educational background of members of the board of commissioners, the international experience of members of the board of commissioners, and the industry knowledge of the members of the board of commissioners have no effect on the value of the company. The proportion of independent board of commissioners influences the value of the company. The number of board meetings and the experience of members of the Board of Commissioners negatively affect the value of the company. Keywords - Coporate Governance, Characteristics of the Board of Commissioners, and Firm Value.