Company performance before and after a merger
Year: 2019
Type: conference-paper
Abstract: This study aims to compare the financial performance of non-finance companies listed on the Indonesia Stock Exchange for the period 2010-2014 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. Keywords: financial performance, ratio analysis, merger and acquisition
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W2933458631