CEO Gender and Firm Debt Policy: An Empirical Study in Indonesia

DOI

10.2991/aebmr.k.200131.020How to use a DOI?

Keywords

Female Director; Female Commissioner, Indonesia Stock Exchange, Debt Policy

Abstract

This research was aimed to investigate the influence of female director and female commissioner in the firm structure capital of nonfinancial companies listed on Indonesia Stock Exchange (IDX) from 2010-2014 with 372 observations. A structure capital of the firms was measured by the leverage ratio that implicated to debt policy. The leverage ratio showed the level of usage in the company as variable dependent. Dividend payout ratio, return on asset, size of director, and size of commissioner served as control variables. Modeling the leverage’s firm using multiple regression, the result of this study indicated that firms with a larger fraction of female director had negative effect on debt policy significantly. Otherwise, female commissioner’s did not significantly affected debt policy. The control variables that significantly affected debt policy were dividend payout ratio and size of director.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - R. Setiawan
AU  - D.R. Navianti
PY  - 2020
DA  - 2020/02/07
TI  - CEO Gender and Firm Debt Policy: An Empirical Study in Indonesia
BT  - Proceedings of the 3rd Global Conference On Business, Management, and Entrepreneurship (GCBME 2018)
PB  - Atlantis Press
SP  - 93
EP  - 95
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200131.020
DO  - 10.2991/aebmr.k.200131.020
ID  - Setiawan2020
ER  -