CEO Overconfidence, Real Earnings Management, and Future Performance: Evidence from Indonesia
- DOI
- 10.2991/apbec-18.2019.17How to use a DOI?
- Keywords
- Overconfident CEO; CEO overconfidence; real earnings management; future performance
- Abstract
The purpose of this study is to examine whether an overconfident CEO affects real earnings management and indirectly affects future performance. An overconfident CEO is measured using three metrics to obtain robust results. The sample utilized contains data from manufacturing companies listed on the Indonesian stock exchange on from 2014 to 2016. The results of this study show that an overconfident CEO has no effect on real earnings management. The other results of this study also indicate that an overconfident CEO and real earnings management have a negative effect on future company performance. However, the results of testing in this study indicate that there is no mediating relationship between an overconfident CEO and future operational performance of a company through real earnings management.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Vera Diyanty AU - Paulina Sutrisno AU - Vera Diyanti AU - Elvia R. Shauki PY - 2019/07 DA - 2019/07 TI - CEO Overconfidence, Real Earnings Management, and Future Performance: Evidence from Indonesia BT - Proceedings of the Asia Pacific Business and Economics Conference (APBEC 2018) PB - Atlantis Press SP - 124 EP - 132 SN - 2352-5428 UR - https://doi.org/10.2991/apbec-18.2019.17 DO - 10.2991/apbec-18.2019.17 ID - Diyanty2019/07 ER -