CEO Education, Financial Decision and Firm Performance
Many previous studies have shown that the number of CEOs holds MBA is still low and less dominating. We analyze the effect of CEOs with MBA degree on funding decision, investment decision and firm performance. Using 38 manufacturing companies that listed on Indonesia stock exchange during 2010-2017...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Universitas Airlangga
2018-12-01
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| Series: | Jurnal Manajemen Teori dan Terapan |
| Online Access: | https://e-journal.unair.ac.id/JMTT/article/view/10133 |
| _version_ | 1828077652332773376 |
|---|---|
| author | Rahmat Setiawan Lila Gestanti |
| author_facet | Rahmat Setiawan Lila Gestanti |
| author_sort | Rahmat Setiawan |
| collection | DOAJ |
| description | Many previous studies have shown that the number of CEOs holds MBA is still low and less dominating. We analyze the effect of CEOs with MBA degree on funding decision, investment decision and firm performance. Using 38 manufacturing companies that listed on Indonesia stock exchange during 2010-2017 analyzed with multiple linear regression. We find that CEOs with MBA degree significantly have lower interest-bearing debt, higher capital expenditure and higher return on asset than companies with non-MBA CEOs. These research results provide information to shareholders and management of manufacturing companies to consider and provide equal opportunities to hire MM-MBA CEOs. |
| first_indexed | 2024-04-11T02:32:52Z |
| format | Article |
| id | doaj.art-de830f0cccd84d389fb06874c010228d |
| institution | Directory Open Access Journal |
| issn | 1979-3650 2548-2149 |
| language | English |
| last_indexed | 2024-04-11T02:32:52Z |
| publishDate | 2018-12-01 |
| publisher | Universitas Airlangga |
| record_format | Article |
| series | Jurnal Manajemen Teori dan Terapan |
| spelling | doaj.art-de830f0cccd84d389fb06874c010228d2023-01-02T20:59:21ZengUniversitas AirlanggaJurnal Manajemen Teori dan Terapan1979-36502548-21492018-12-0111319320610.20473/jmtt.v11i3.101335381CEO Education, Financial Decision and Firm PerformanceRahmat Setiawan0Lila Gestanti1Universitas AirlanggaUniversitas AirlanggaMany previous studies have shown that the number of CEOs holds MBA is still low and less dominating. We analyze the effect of CEOs with MBA degree on funding decision, investment decision and firm performance. Using 38 manufacturing companies that listed on Indonesia stock exchange during 2010-2017 analyzed with multiple linear regression. We find that CEOs with MBA degree significantly have lower interest-bearing debt, higher capital expenditure and higher return on asset than companies with non-MBA CEOs. These research results provide information to shareholders and management of manufacturing companies to consider and provide equal opportunities to hire MM-MBA CEOs.https://e-journal.unair.ac.id/JMTT/article/view/10133 |
| spellingShingle | Rahmat Setiawan Lila Gestanti CEO Education, Financial Decision and Firm Performance Jurnal Manajemen Teori dan Terapan |
| title | CEO Education, Financial Decision and Firm Performance |
| title_full | CEO Education, Financial Decision and Firm Performance |
| title_fullStr | CEO Education, Financial Decision and Firm Performance |
| title_full_unstemmed | CEO Education, Financial Decision and Firm Performance |
| title_short | CEO Education, Financial Decision and Firm Performance |
| title_sort | ceo education financial decision and firm performance |
| url | https://e-journal.unair.ac.id/JMTT/article/view/10133 |
| work_keys_str_mv | AT rahmatsetiawan ceoeducationfinancialdecisionandfirmperformance AT lilagestanti ceoeducationfinancialdecisionandfirmperformance |