Formosa Journal of Sustainable Research (FJSR)
Vol. 2 No. 9 (2023): September, 2023

Comparative Analysis of Financial Performance Before and After Mergers and Acquisitions in Companies Listed on the Indonesia Stock Exchange

Dahlia Pinem (Universitas Pembangunan Nasional Veteran Jakarta)
Munasiron Miftah (Universitas Pembangunan Nasional Veteran Jakarta)
Bernadin Dwi (Universitas Pembangunan Nasional Veteran Jakarta)
Marlina (Universitas Pembangunan Nasional Veteran Jakarta)
Nani Ariani (Universitas Pembangunan Nasional Veteran Jakarta)



Article Info

Publish Date
29 Sep 2023

Abstract

The objective of This study will look at the variations in financial performance between businesses before and after mergers and acquisitions in businesses listed on the Indonesia Stock Exchange during the period of 2019-2021. The sample size used in this research is 18 companies selected through purposive sampling approach. The analysis techniques employed are the Wilcoxon Signed-Rank Test and the Paired Sample t-Test. Liquidity, solvency, and profitability are used as variables in this research. The results of this study show that that there are no significant differences in the current ratio, debt to equity ratio, and return on equity of companies before and after the merger and acquisition

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Journal Info

Abbrev

fjsr

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Education Industrial & Manufacturing Engineering Social Sciences

Description

Formosa Journal of Sustainable Research (FJSR) is an open access and peer-reviewed journal, published by Formosa Publisher. FJSR aims to be a dissemination platform for research result from multidisciplinary research that covers the wide spectrum of research field such as education, including ...