THE IMPACT OF DIRECTOR CHARACTERISTICS ON FIRM PRODUCTIVITY: THE CASE OF INDONESIAN LISTED-FIRMS

fatimah, fatimah (2016) THE IMPACT OF DIRECTOR CHARACTERISTICS ON FIRM PRODUCTIVITY: THE CASE OF INDONESIAN LISTED-FIRMS. IJER, 2 (13). pp. 564-570. ISSN 0972-9380

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Abstract

This paper investigates the impact of director characteristicson firm productivity in Indonesian­listed firms. Using a cross­section of 48 Indonesian­listed firms for 2014 to 2015 period, this study employs maximum likelihood estimates to analyse the data. Director characteristics are represented by age, education level and remuneration, and firm productivity is calculated using input and output ratio. The results reveal that director characteristics have no significant impact on firm productivity. The non significant result may be due to the fact that the majority of listed firms in Indonesia are owned by group or family, hence there are high possibility that the appointment of directors is based on the group or family ties though an awareness of good corporate governance conduct has been massively disseminated. Key words: Director Characteristics, Firm Productivity, Indonesia

Item Type: Article
Subjects: Ekonomi dan Bisnis
Ekonomi dan Bisnis > Manajemen
Divisions: Fakultas Ekonomi > Manajemen (S1)
Depositing User: Sayfudin sunarto
Date Deposited: 21 Sep 2018 01:31
Last Modified: 21 Sep 2018 01:31
URI: http://repository.um-palembang.ac.id/id/eprint/319

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