The impact of CEO gender and educational background on capital structure

  • Lucky Kumala Universitas Negeri Jakarta
  • Suherman Suherman Universitas Negeri Jakarta
  • Khuu Thi Phuong Dong Can Tho University
Keywords: CEO education; CEO gender; capital structure

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. 

Published
2024-04-05
How to Cite
Kumala, L., Suherman, S., & Khuu Thi Phuong Dong. (2024). The impact of CEO gender and educational background on capital structure . Global Advances in Business Studies, 3(1), 13-25. https://doi.org/10.55584/Gabs.003.01.2