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Pengaruh pengumuman merger dan akuisisi terhadap abnormal returnsperusahaan pengakuisisi dengan variabel kontrol size, loverage, Bank atau NonBank, dan Beta (studi kasus perusahaan listing di BEI yang melakukan merger dan akuisisi pada tahun 2002 - 2007)
Merger and Acquisition in corporate action will effect the stock return of shareholder. Rational shareholder always want positif abnormal return (as a margin of actual return and expected return that have positive values) as compensate of that action. There are several theories that based on the optimal of return. Shareholder may take size, leverage, and beta of firm in count. Effect of firm size (small or big), leverage proportion, and beta value of stock included in determining wheter the corporate abnormal return exist or not. These research will explain influence and retlationship that may happen between size, leverage, and beta related to corporate abnormal return that do merger and acquisistion with sample of firm listed in BEI and join in IHSG. It use event study methodology to determine abnormal return and statistical t-test to analize the relationship with size, leverage, and beta. Result fro this research is there are exist corporate abnormal return that do merger and acquisition that uninfluenced by firm size (wheter big or small), but it?s influenced by leverage proportion (whether it?s below or more than one) and beta (whether it?s more or below of absolute one). One more additional result is that firm industry (it?s bank or nonbank) also have effect on corporate abnormal return. Ada tabel
Call Number | Location | Available |
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6834 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Departemen Ilmu Manajemen Fakultas Ekonomi Universitas Indonesia., 2010 |
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Edisi | - |
Subjek | Stock return Abnormal return Leverage Corporate mergers and aquisition |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xvii, 108 p. : diagr., il. ; 30 cm & lamp |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |