Inovasi : Jurnal Ekonomi, Keuangan, dan Manajemen
Vol 18, No 1 (2022): Februari

The impact on firm performance: evidence from CEO education

Silvina Silvina (Universitas Internasional Batam)
Robin Robin (Faculty of Management, Universitas Internasional, Batam.)
Wisnu Yuwono (Faculty of Management, Universitas Internasional, Batam.)



Article Info

Publish Date
25 Feb 2022

Abstract

The purpose of this paper is to examine the impact of CEO Education on Firm Performance. The sample covers 180 observations from IDX LQ45 listed on Indonesia Stock Exchange for period 2017 until 2020. The CEO Education is defined by the field of study in economic, management, business, or accounting. Firm Performance is measured by Tobin’s Q from market based perspective. Board characteristics and Stock Returns are used as control variables in this paper. The result shows that there’s a relationship between CEO Education and Firm Performance. CEO with economic, management, business, or accounting background have a positive and significant impacts on Firm Performance. The result becomes stronger with additional test of CEO Education measured by the level and quality of education on Firm Performance, supporting that CEO Education does enchance the Firm Performance.

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Journal Info

Abbrev

INOVASI

Publisher

Subject

Economics, Econometrics & Finance Other

Description

INOVASI: Jurnal ekonomi, keuangan dan manajemenis a scientific journal in the field of economics and management published twice a year (in April & ...