Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)

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The Effects of Financial Resources on Executive Remuneration: Evidence from IDX 30 Companies at the Indonesian Stock Exchange

Authors
Widayanto Widayanto1, *, Mone S. Andrias1
1Master of Management Program, Faculty of Economics and Business, Universitas Indonesia, Jakarta, Indonesia
*Corresponding author. Email: widayanto@ui.ac.id
Corresponding Author
Widayanto Widayanto
Available Online 29 September 2023.
DOI
10.2991/978-94-6463-234-7_113How to use a DOI?
Keywords
Executive Remuneration; Financial Resources; IDX 30; Indonesia Stock Exchange
Abstract

This study aims to examine the impact of financial resources, i.e., assets, revenue, and profit on executive (board of directors and commissioner) remuneration. The data were collected from a listed company on Indonesia Stock Exchange from 2016–2020. The listed companies as research samples are those under the category of IDX 30. IDX 30 is an index consisting of 30 companies that have high liquidity and large capitalization underpinned by strong fundamentals. A multiple regression method was done to analyze the collected data. The findings revealed that assets and revenue significantly impacted executive remuneration. However, the net profit of the company did not significantly impact executive remuneration. According to the findings of this study, the highest-level decision makers in a company use assets and revenue as predictive factors when determining executive remuneration.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 September 2023
ISBN
978-94-6463-234-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-234-7_113How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Widayanto Widayanto
AU  - Mone S. Andrias
PY  - 2023
DA  - 2023/09/29
TI  - The Effects of Financial Resources on Executive Remuneration: Evidence from IDX 30 Companies at the Indonesian Stock Exchange
BT  - Proceedings of the 7th Global Conference on Business, Management, and Entrepreneurship (GCBME 2022)
PB  - Atlantis Press
SP  - 1080
EP  - 1088
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-234-7_113
DO  - 10.2991/978-94-6463-234-7_113
ID  - Widayanto2023
ER  -