Power of directors: Do multiple job, military connection, political connection determine firm value mining sector coal production?

This study aims to examine the influence of Multiple Job, Military Connection, and Political Connection of the CEO on Firm Value, with Company Size and Leverage as control variables. The population in this study is coal production sector mining companies listed on the Indonesia Stock Exchange from 2020-2022. The sampling technique used purposive sampling with the criteria being companies that issued financial statements & annual reports consecutively from 2020-2022. The reason for choosing this sector is because it is growing day by day, and it is directly regulated by the government. Based on these criteria, 23 coal production sector mining companies were selected as samples, resulting in 69 observations conducted in this study. The research analysis technique used panel data method. Data were processed using E-Views 10 software. The results of the study indicate that multiple job do not affect firm value. Military connection have a positive influence on firm value. Political connection do not affect firm value

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Publication Details

Journal
JEMBA Jurnal Ekonomi Pembangunan Manajemen dan bisnis Akuntansi
Published
2025-05-02
DOI
https://doi.org/10.52300/jemba.v5i1.19967
Primary Topic
International Business and FDI
Type
article
Field-Weighted Citation Impact
0.00
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article

Power of directors: Do multiple job, military connection, political connection determine firm value mining sector coal production?

Sri Yuni, Fitria Husnatarina, Agus Satrya Wibowo, Ade Yuniati et al.
JEMBA Jurnal Ekonomi Pembangunan Manajemen dan bisnis Akuntansi
International Business and FDI
article

Power of directors: Do multiple job, military connection, political connection determine firm value mining sector coal production?

Sri Yuni, Fitria Husnatarina, Agus Satrya Wibowo, Ade Yuniati, Golda Belladonna Umbing, Anggy Diarta
article en

Abstract

This study aims to examine the influence of Multiple Job, Military Connection, and Political Connection of the CEO on Firm Value, with Company Size and Leverage as control variables. The population in this study is coal production sector mining companies listed on the Indonesia Stock Exchange from 2020-2022. The sampling technique used purposive sampling with the criteria being companies that issued financial statements & annual reports consecutively from 2020-2022. The reason for choosing this sector is because it is growing day by day, and it is directly regulated by the government. Based on these criteria, 23 coal production sector mining companies were selected as samples, resulting in 69 observations conducted in this study. The research analysis technique used panel data method. Data were processed using E-Views 10 software. The results of the study indicate that multiple job do not affect firm value. Military connection have a positive influence on firm value. Political connection do not affect firm value

JEMBA Jurnal Ekonomi Pembangunan Manajemen dan bisnis AkuntansiVol. 5(1)
University of Palangka Raya (ID)
Openalex Percentile: Top 87%
International Business and FDI
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