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CEO INSIDER FROM CFO: IMPLICATIONS FOR FINANCIAL RISK DISCLOSURE QUALITY

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Jurnal Akuntansi dan Keuangan Indonesia2025https://doi.org/10.7454/jaki.v22i1.1966article
ABDC C
Weight
0.50

What the paper says

Financial risk disclosure is crucial due to the broad-ranging consequences that may arise from inadequate disclosure. The role and capabilities of a company's top management are essential in addressing this issue. This study examines the impact of CEO insiders with prior experience as CFOs on the quality of financial risk disclosure (FRDQ) in Indonesia. Using OLS regression analysis, the study analyzes data from non-financial companies listed on the Indonesia Stock Exchange (IDX) from 2010 to 2020. To enhance the reliability of the results, robustness tests are conducted using the Heckman Two-Stage model and Coarsened Exact Matching (CEM). The findings indicate that CEOs who previously served as CFOs within the same company contribute to improved FRDQ. This study concludes that a CFO background provides a deeper understanding of the company's financial condition, thereby enhancing financial risk disclosure. Additionally, several sub-sample analyses are included to explore other supporting factors in strengthening FRDQ.

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https://doi.org/https://doi.org/10.7454/jaki.v22i1.1966

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@article{unknown2025,
  title        = {{CEO INSIDER FROM CFO: IMPLICATIONS FOR FINANCIAL RISK DISCLOSURE QUALITY}},
  author       = {Unknown author},
  journal      = {Jurnal Akuntansi dan Keuangan Indonesia},
  year         = {2025},
  doi          = {https://doi.org/https://doi.org/10.7454/jaki.v22i1.1966},
}

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Evidence weight

0.50

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.50 × 0.4 = 0.20
M · momentum0.50 × 0.15 = 0.07
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.