PENGARUH AKUISISI TERHADAP KINERJA PERUSAHAAN DAN VOLUME PERDAGANGAN SAHAM (Studi Pada Perusahaan Go Public di Bursa Efek Jakarta)

Likur, Romy Abdullah (2007) PENGARUH AKUISISI TERHADAP KINERJA PERUSAHAAN DAN VOLUME PERDAGANGAN SAHAM (Studi Pada Perusahaan Go Public di Bursa Efek Jakarta). Other thesis, University of Muhammadiyah Malang.

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Abstract

This is research of event study at company doing acuitition in the year of 2000 with title " Influence Acuitition To Performance Company And Volume Commerce Share (Study At Company of Go Public in Effect Exchange Jakarta)". Target of this research is to know do akuisisi have an effect on to company performance and share commerce volume. In this research, researcher take two hypothesis, first there are acuitition influence to change of performance and then second, there are acuitition influence to change of share commerce volume. Analyzer used to know company performance is monetary ratio analysis and for the volume of share commerce is Trading Volume Activity and Average Trading Volume Activity, while to know influence before and after acuitition used by statistical analysis of relied on nonparametrik is Skewness Kurtosis test and Mann-Whitney test. Calculation conducted constructively computer program namely SPSS 13. Result of examination of first hypothesis with Mann-Whitney test at: a.Likuidity Ratio Examination of conducted Hypothesis from third likuiditas ratio altogether show inexistence difference of monetary performance between before and after acuitition. b.Leverage Ratio Examination of conducted Hypothesis from third leverage ratio altogether show inexistence difference of monetary performance between before and after acuitition. c.Activity Ratio Examination of conducted hypothesis from third activity ratio indicate that at totalizeing turnover assets there are difference which is signifikan to monetary performance between before and after acuitition. While at turnover capital working and turnover inventory show don't there are difference which is signifikan between period before and after acuitition. d.Profitability Ratio Examination of conducted hypothesis from is fourth of profitability ratio indicate that at gross profit margin don't there are difference of monetary performance between before and after acuitition, however at operating profit margin, net profit margin, and return on investment there are difference which is signifikan to monetary performance between before and after acuitition, that thing indicate that acuitition process give impact which are positive at company. While result of second examination with Mann-Whitney test at share commerce volume seen from TVA ( Trading Volume Activity ) and ATVA ( Average Trading Volume Activity) indicating that difference inexistence which is signifikan between share commerce volume before and after acuitition, that thing earn to be seen from result of TVA and ATVA as a whole showing Asymp.Sig value ( two tailed ) above its probability value that is 0,05. From result of conducted analysis, hence suggestion able to be sent to company side shall be more major especial target from acuitition in attainment of economic value, so that conducted of acuitition will add value from monetary performance and its share commerce volume.

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic > Department of Accounting
Depositing User: Zainul Afandi
Date Deposited: 20 Jun 2012 04:40
Last Modified: 20 Jun 2012 04:40
URI: http://eprints.umm.ac.id/id/eprint/8727

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