Board of Directors and Remuneration in Indonesian Banking

Hikmah Endraswati ., Djoko Suhardjanto M ., Krismiaji .

Abstract


This research examines the effect of commissioner and remuneration committee characteristics on the remuneration in the banking sector of Indonesia. Using a sample of 18 banks for the fiscal year that ends on December 31 2006 through 2012, this study finds evidence of negative impact of gender and number of meeting on the remuneration. With respect of size as a control variable, this study proves a positive impact on the remuneration.

Keywords


Remuneration, Remuneration committee characteristics, Commissioner characteristics, Indonesia banking

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