WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 20, 2023
CEO Determination on Indonesian Coal-Based Enterprises Performance
Authors: , ,
Abstract: The continuous increase in Indonesia's coal production shows an increase in the firm performance. This study aims to examine the determination of CEO characteristics on coal-production-based companies in Indonesia. Using data from coal production sub-sector companies in Indonesia, this study applies a panel data regression analysis method with a total sample of 15 companies from 2016 – 2020. The results show that CEO attributes such as CEO Duality have a significant positive effect on company performance while CEO Tenure and CEO Ownership have no effect on company performance, but CEO Education has a significant negative effect on company performance and the composition of external commissioners has no significant effect on the company's performance.