CEO Characteristics And Firm Performance In Indonesia
DOI:
https://doi.org/10.64252/kjdqd272Keywords:
CEO cheristics, firm performance, IDXAbstract
This research aims to examine the influence of chief executive officer (CEO) characteristics on firm performance in non-financial companies listed on the Indonesia Stock Exchange. Fixed effects regression was used to explore the relationship between CEO age, tenure, share ownership, duality, and gender with firm performance. The final panel data sample consists of 12,180 firm-year observations from 2013 to 2023, including non-financial companies listed on the Indonesia Stock Exchange. Five hypotheses were proposed, and the results show that certain CEO characteristics, such as age, tenure, and share ownership, are positively related to firm performance. Contrary to expectations, CEO duality and gender do not affect firm performance. These findings provide implications for future research on corporate governance in non-financial companies listed on IDX.