Abstract :
This study aim to examine the influence of CEO?s characteristics on
capital structure decision. The theory used in this study is the Upper Echelons
Theory. The population is all companies listed on Indonesia Stock Exchange
(IDX) period 2013-2017, while the samples is 80 companies using non-probability
sampling techniques of purposive sampling (judgement sampling). This study uses
analysis of covariance (ANCOVA) to test the hypothesis with the help of the SPSS
24.0 program. The result of the study show that CEO?s tenure and CEO?s gender
effect on capital structure decision.
Keywords : Capital Structure Decision, CEO?s Characteristics, CEO?s tenure, and CEO?s gender