WSEAS Transactions on Business and Economics
Print ISSN: 1109-9526, E-ISSN: 2224-2899
Volume 21, 2024
Analysis of CEO Characteristics on Sustainability Development in Mining Companies in Indonesia
Authors: , ,
Abstract: The National Energy Policy (KEN) and the Paris Agreement are strategic measures in Indonesia aimed at facilitating the shift towards the adoption of new, sustainable energy sources. Conversely, the sustainable development of firms in Indonesia remains a hotly debated and evolving topic. Multiple firms have incorporated sustainable development methods into their company operations, which include prioritizing environmental and social considerations, enhancing worker well-being, and practicing responsible resource management. The government is dedicated to mitigating greenhouse gas (GHG) emissions by using innovative and sustainable energy sources. Hence, investigating the correlation between corporate sustainability development and firm performance in the mining sector is intriguing, as the sustainable growth of mining companies plays a pivotal role in the government’s successful implementation of KEN. The study will employ a descriptive quantitative approach by utilizing a panel data regression model to analyze the characteristics of CEOs in the mining industry. The study’s findings indicate that the panel data model can offer a comprehensive framework for subsequent investigation of the correlation between CEO qualities and the sustainability development performance of companies in the Indonesian mining sector.
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Pages: 1362-1369
DOI: 10.37394/23207.2024.21.111