E-JURNAL AKUNTANSI
Vol 35 No 3 (2025)

Kinerja Keuangan, Financial Distress, dan Kompensasi Direksi Terhadap Pergantian CEO Dengan Pemoderasi Pengalaman Internal




Article Info

Publish Date
02 May 2024

Abstract

The CEO is the strategist, controller and supervisor of the company with the hope of obtaining high profits. However, many shareholders felt dissatisfied with the CEO's performance in generating profits, which ultimately resulted in a change of CEO. This research aims to examine financial performance, financial distress, and board compensation on CEO turnover with internal experience as a moderator. Research object for manufacturing companies listed on the IDX for the 2019-2022 period. The research sample used a purposive sampling technique of 123 samples and the data analysis technique used logistic analysis. The results of research on financial performance which was measured using CR, ROA, DER, financial distress, as well as the CEO's internal experience as moderation had no effect on CEO turnover, but directors' compensation had an effect on CEO turnover and internal experience and directors' compensation moderated the strengthening of CEO turnover. Keywords: CEO Turnover; Financial Performance; Financial Distress; Board of Directors Compensation; Internal Experience.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...