Debt policy plays a critical role in ensuring the sustainability of a company's operations and investment activities. While debt can serve as a strategic financing instrument to support business expansion and enhance firm value, inappropriate debt management may expose companies to substantial financial risks, including the possibility of financial distress and bankruptcy. Therefore, this study aims to examine the effect of corporate governance mechanisms on corporate debt policy.

This study employs secondary data obtained from Bloomberg and the annual reports of mining companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2023 period. The sample was selected using a purposive sampling technique, resulting in 117 firm-year observations. The data were analysed using multiple linear regression to investigate the influence of corporate governance variables on debt policy.