The Influence of Gender Diversity, Ceo Overconfidence, and Political Connection on Zombie Companies

Winarni; Lia Uzliawati; Yeni Januarsi

doi:10.55927/ijems.v3i2.33

Authors

Winarni Universitas Sultan Agung Tirtayasa
Lia Uzliawati Universitas Sultan Agung Tirtayasa
Yeni Januarsi Universitas Sultan Agung Tirtayasa

DOI:

https://doi.org/10.55927/ijems.v3i2.33

Keywords:

Zombie Companies, Gender Diversity, CEO Overconfidence, Political Connection

Abstract

This study aims to analyze the influence of gender diversity, CEO overconfidence, and political connections on zombie companies. This type of research is a quantitative research with statistical methods. The object of the research used is the consumer cyclicals and consumer non-cyclicals sectors listed on the IDX in the 2019-2022 period. The sampling technique was carried out by purposive sampling. Data analysis uses panel data and is processed with STATA software version 17. The results of the study show that gender diversity has a negative effect and significant on zombie companies, CEO overconfidence has a positive and significant effect on zombie companies, and political connections have an effect but are not significant on zombie companies

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