... and year fixed effects. A range of robustness and endogeneity controls are implemented, including propensity score matching, Heckman selection correction and entropy balancing, to ensure the validity of the empirical findings. Findings The results indicate that firms led by insider CEOs are associated...

...Iman Harymawan; Mohammad Nasih; Yani Permatasari; Adib Minanurohman; Grantley Taylor Purpose The purpose of this study is to examine the relationship between insider CEOs and the cost of debt (COD). Design/methodology/approach This study uses the ordinary least squares regression method...