Comparative Analysis of Corporate Performance before and after the Merger (Empiric study on public companies)

DOI

10.2991/aicar-18.2019.12How to use a DOI?

Keywords

merger; financial performance

Abstract

This study aims to analyze the differences in corporate performance before and after the merger on public companies listed on the Indonesia Stock Exchange. Company performance is measured using financial ratios: Current Ratio, Debt to Equity Ratio, Debt Ratio, Total Asset Turnover, Return on Investment, Return on Equity, and Net Profit Margin. The data used in this research is secondary data through Indonesia Stock Exchange official website: www.idx.co.id. Hypothesis testing used is Paired Sample T-test and Wilcoxon Match Pairs Test. This study is a comparative research type of quantitative approach, measured using SPSS version 20. The populations in this study are all public companies listed on the Indonesia Stock Exchange which effectively merge in 2014. The sample is determined by purposive sampling method, with sample of 4 companies. The results of this study indicate that Debt to Equity Ratio, Debt Ratio, Total Asset Turnover, Return on Investment, Return on Equity, and Net Profit Margin show significant differences.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Siti Almurni
AU  - Erizal Azhar
PY  - 2019/02
DA  - 2019/02
TI  - Comparative Analysis of Corporate Performance before and after the Merger (Empiric study on public companies)
BT  - Proceedings of the 5th Annual International Conference on Accounting Research (AICAR 2018)
PB  - Atlantis Press
SP  - 52
EP  - 56
SN  - 2352-5428
UR  - https://doi.org/10.2991/aicar-18.2019.12
DO  - 10.2991/aicar-18.2019.12
ID  - Almurni2019/02
ER  -