The Nexus of CEO Overconfidence, Good Corporate Governance, Corporate Social Responsibility, and Firm Value
Keywords:
Good Corporate Governance, Corporate Social Responsibility, Firm Value, ceo overconfidenceAbstract
This study analyzes the impact of CEO overconfidence, Good Corporate Governance (GCG), and Corporate Social Responsibility (CSR) on firm value in technology companies listed on the Indonesia Stock Exchange (IDX) during 2021–2023. Using data from 16 companies over three years (48 observations) and employing Smart PLS analysis, the results demonstrate that CEO overconfidence significantly influences GCG positively but has no significant effect on CSR. Furthermore, neither GCG nor CSR directly impacts firm value. Mediation analysis indicates that GCG and CSR do not mediate the relationship between CEO overconfidence and firm value. These findings highlight the nuanced role of CEO behavior and governance structures in determining corporate value in the technology sector.
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