Company performance before and after a merger

DOI

10.2991/insyma-19.2019.8How to use a DOI?

Keywords

financial performance, ratio analysis, merger and acquisition

Abstract

This study aims to compare the financial performance of non-finance companies listed on the Indonesia Stock Exchange for the 2010-2014 period before and after a merger and acquisition. This study used the long-term pre and post-merger financial data to investigate the long-term performance. The present work conducted a comprehensive ratio analysis of 14 major ratios related to profitability, efficiency, leverage, and liquidity. The method used in testing the research was a quantitative approach with paired t-test and Wilcoxon test. The results of this study show that financial performance after the merger and acquisition (M&A) was better than before.

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/).

Download article (PDF)

TY  - CONF
AU  - Cicilia Beverly
AU  - Bertha Silvia Sutejo
AU  - Werner R. Murhadi
PY  - 2019/03
DA  - 2019/03
TI  - Company performance before and after a merger
BT  - Proceedings of the 16th International Symposium on Management (INSYMA 2019)
PB  - Atlantis Press
SP  - 28
EP  - 31
SN  - 2352-5398
UR  - https://doi.org/10.2991/insyma-19.2019.8
DO  - 10.2991/insyma-19.2019.8
ID  - Beverly2019/03
ER  -