Female Family Echelon and Capital Structure Decisions in Family Firm
نویسندگان
چکیده
This research aims to examine how female family echelons (the presence on commisioner or director) effect leverage. Sample use in are 1374 firms years observation from nonbank and nonfinancial sector actived trade Indonesia Stock Exchange over 2011 2015. Using regression of fixed model, this finding suggest that firm less leverage than nonfamily firm. Proportion ownership, director insignificant affect leverage, however, relationship between ownership significantly nonlinear (U-shape). Female Family more risk averse due involvement women echelons.
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ژورنال
عنوان ژورنال: Jurnal Akuntansi dan Keuangan
سال: 2022
ISSN: ['2598-7372', '2089-6255']
DOI: https://doi.org/10.23917/reaksi.v7i1.15440