Dong, Khuu Thi Phuong
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The impact of CEO gender and educational background on capital structure Kumala, Lucky; Suherman, Suherman; Dong, Khuu Thi Phuong
Global Advances in Business Studies Vol. 3 No. 1 (2024): Global Advances in Business Studies (GABS)
Publisher : Ifma Publishing

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55584/Gabs.003.01.2

Abstract

This study aimed to investigate how CEO gender and educational background influence capital structure decisions in Indonesia. This study uses panel data from the Indonesia Stock Exchange in the 2018—2022 period. This study utilized a purposive sampling technique to obtain 335 firm-year observations. The results indicated a significant impact of CEOs from renowned universities and with high levels of education in shaping the company's capital structure. Furthermore, CEO gender does not have a significant influence on capital structure.