Does Religion Affect Capital Structure in Indonesia?
The purpose of this study is to analyse the influence of the religion and religious values of Chief Executive Officers (CEOs) on capital structure in public companies in Indonesia. The religious values embraced by CEOs are reflected in their involvement in fraud cases and the frequency of their atte...
| Publicado en: | Pertanika Journal of Social Sciences & Humanities Vol. 27; no. S2; pp. 131 - 152 |
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| Autores principales: | , , |
| Formato: | Artículo |
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Universiti Putra Malaysia
2019 Special Issue
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=159680392&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 159680392 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 01287702 TKQ jtl: Pertanika Journal of Social Sciences & Humanities issn: 01287702 maglogo: N pubinfo: dt: 2019 Special Issue vid: 27 iid: S2 pid: 20751 pub: Universiti Putra Malaysia artinfo: ui: 159680392 ppf: 131 ppct: 21 formats: fmt: @attributes: type: P size: 3.3MB tig: atl: Does Religion Affect Capital Structure in Indonesia? aug: au: Rahim, Rida Utama, Cynthia Afriani Rokhim, Rofikoh affil: Department of Management, Faculty of Economics, Andalas University, 25166, Padang, West Sumatera, Indonesia Department of Management, Faculty of Economics and Business, Universitas Indonesia, Depok, 16424, West Java, Indonesia su: Religion Capital structure Chief executive officers Debt Fraud Indonesia sug: subj: Indonesia Religion Capital structure Chief executive officers Debt Fraud keyword: Attendance CEO's religion debt fraud ab: The purpose of this study is to analyse the influence of the religion and religious values of Chief Executive Officers (CEOs) on capital structure in public companies in Indonesia. The religious values embraced by CEOs are reflected in their involvement in fraud cases and the frequency of their attendance at board meetings. The study used a sample of 231 companies (1,386 observations) over the period 2010-2015. It was found that if firms had a Christian CEO this would have a significant impact on capital structure due to the higher debt levels, compared to CEOs of other religions. Conversely, Muslim CEOs had an insignificant impact on capital structure. Similarly, CEOs who were involved in fraud cases had more debt than those not involved in such cases. CEO attendance at board meetings also had a significant positive impact on corporate debt level. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y custom: Copyright of Pertanika Journal of Social Sciences & Humanities is the property of Universiti Putra Malaysia and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. item: Pertanika Journal of Social Sciences & Humanities holder: Universiti Putra Malaysia dt: @attributes: year: 2019 holdings: @attributes: islocal: N |
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