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Analisa perbedaan kinerja jangka panjang antara perusahaan yang melakukan merger dan akuisisi dan perusahaan yang tidak melakukan merger dan akuisisi
This research aims to examine the impact of merger and acquisition on long term company?s performance. Besides, this research also examines the impact of merger and acquisition before and after the merger. The company?s performance is measured by using some financial ratios such as Current Ratio, Return on Investment, Return on Total Assets, Debt to Equity Ratio, Operating Profit Margin, and Price Earning Ratio. Samples of this research are 32 companies which make merger and acquisition from 1997 until 2003 and 140 companies which don?t make merger and acquisition, listed in Indonesia Stock Exchange. This research uses Independent Sample t Test and Mann-Whitney Test to test the performance difference between merging company and nonmerging company for two years and five years after merger and Paired Sample t Test and Wilcoxon Signed Ranks Test to test the performance difference before and after merger. Thus, the test result shows that performance average of merging companies is lower than nonmerging companies for two and five years after merger. Besides, the test result also shows that there?s performance decreasing after merger compared to before merger for one year before and after merger and acquisition also for three years before and after merger and acquisitions.Ada tabel
Call Number | Location | Available |
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6402 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Akuntansi, Fakultas Ekonomi Universitas Indonesia., 2008 |
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Edisi | - |
Subjek | Financial ratios Company performance Merger and acquisition Inter firm comparisons |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xi, 121 p. : il. ; 30 cm & Lamp. |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |