Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/102976
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dc.contributor.authorEdi, Edi-
dc.contributor.authorWijaya, Ermi-
dc.date.accessioned2022-10-24T12:33:08Z-
dc.date.available2022-10-24T12:33:08Z-
dc.date.issued2022-10-
dc.identifier.citationEdi, E., & Wijaya, E. (2022). The role of managerial ability on operational performance and stock return moderated by CEO overconfidence. Journal of Accounting, Finance and Auditing Studies, 8(4), 258-277.en_GB
dc.identifier.urihttps://www.um.edu.mt/library/oar/handle/123456789/102976-
dc.description.abstractPURPOSE: This study aims to determine the effect of the acquisition company's managerial ability on the company's performance after mergers and acquisitions. CEO overconfidence was added as a moderating effect in this study. The sample data of this study include companies listed on the IDX that carried out corporate actions in the 2014-2018 period.en_GB
dc.description.abstractMETHODOLOGY: The sampling technique used is purposive sampling, and the data analysis method used is the SPSS and Smart PLS applications. This research used return-on-assets, cash flow from operations and market-to-book ratio to measeure the firm’s operational performance and buy-and-hold abnormal return to measure company’s stock return.en_GB
dc.description.abstractFINDINGS: The results of this study indicate that managerial ability affects the firm’s operational performance. This study also shows that CEO overconfidence can strengthen the relationship between managerial ability and the firm’s operational performance along with the rate of the acquiring companies stock returns.en_GB
dc.description.abstractORIGINALITY/VALUE: The managerial implications of this study suggest that companies should prioritize CEO overconfidence in the fit-and-proper test. CEO overconfidence can bring the company forward and earn higher returns. Novelty in this study provides a new insight of corporate action that CEO overconfidence can moderate the relationship between managerial ability and the firm’s operational performance and the company's stock return.en_GB
dc.language.isoenen_GB
dc.publisherAhmet Gökgözen_GB
dc.rightsinfo:eu-repo/semantics/openAccessen_GB
dc.subjectManagerial economicsen_GB
dc.subjectRate of returnen_GB
dc.subjectCash flowen_GB
dc.subjectChief executive officersen_GB
dc.subjectInvestments -- Psychological aspectsen_GB
dc.titleThe role of managerial ability on operational performance and stock return moderated by CEO overconfidenceen_GB
dc.typearticleen_GB
dc.rights.holderThe copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder.en_GB
dc.description.reviewedpeer-revieweden_GB
dc.identifier.doi10.32602/jafas.2022.036-
dc.publication.titleJournal of Accounting, Finance and Auditing Studiesen_GB
Appears in Collections:Journal of Accounting, Finance and Auditing Studies, Volume 8, Issue 4
Journal of Accounting, Finance and Auditing Studies, Volume 8, Issue 4

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