The Impact of CEO Characteristics on Firm Value | ||||
| Journal of Advances in Economics and Business Studies | ||||
| Volume 2, Issue 1, April 2025, Page 47-59 PDF (436.23 K) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/jaebs.2025.424639 | ||||
 View on SCiNiTO | ||||
| Abstract | ||||
| This paper examines the CEO (Chief Executive Officer) characteristics (CEO’s independence, and financial experience) that have an impact on firm value (Return on Equity) with control variables (board size, and number of board meetings). The sample consists of 17 companies from 100 listed companies on the Egyptian Exchange (EGX), the selection of these companies is based on stringent criteria to ensure data reliability and consistency. The study focuses on the period from 2015 to 2019, excluding the disruptive effects of the COVID-19 pandemic. Some statistics were used to get the results, such as descriptive analysis, descriptive statistics, normal distribution test, correlations test, autocorrelation test, multicollinearity test, and finally the empirical results. The results show that certain variables show marginal significance, but the overall explanatory power of the model is weak. Further investigation and refinement of the model may be necessary to better understand the factors influencing financial performance in the Egyptian market. | ||||
| Keywords | ||||
| Firm Value; CEO Characteristics; ROE; Financial Experience; CEO’s Independence | ||||
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