The Role of Firm Reputation Between The Relationship of CEO Characteristics and Firm Performance After Merger and Acquisition

Purpose: This study was conducted to examine the effect of CEO characteristics and firm reputation on performance after conducting mergers acquisition. The object this research is companies that carry out acquisitions listed Indonesia Stock Exchange (IDX) from 2014-2018. Design/methodology/approach: In selecting sample, used a purposive sampling method. uses SmartPLS program analyze data. Company measured by Buy Hold Abnormal Return. acquisition experience, previous with positive performance, average acquisitions, success rate, experience in acquiring same industry, political connections measure characteristics. Firm Reputation price earning ratio. Findings: results indicate choosing who has high knowledge, capability will increase firm's performance. Practical implications: findings greatly help management maximize when can also minimize failures more experienced. Originality/value: novelty implementing theory hubris RBV adding as mediating variable strengthens relationship between acquisitions.