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Analisis Kinerja Perusahaan Sebelum dan Sesudah Akuisisi Pada Perusahaan Sektor Non Keuangan yang Terdaftar di Bursa Efek Indonesia Periode 2017-2020 Vincent Louis Gunawan; Siti Ruhana Dara
KALBISIANA Jurnal Sains, Bisnis dan Teknologi Vol. 12 No. 1 (2026): Kalbisiana
Publisher : UNIVERSITAS KALBIS

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.53008/v2hdxg84

Abstract

This research was conducted to find out whether there is an effect of acquisitions on the financial performance of non-financial sector companies listed on the Indonesia Stock Exchange. To measure financial performance in this study, researchers used financial ratios: current ratio (CR), quick ratio (QR), net profit margin (NPM), return on assets (ROA), return on equity (ROE), total asset turnover (TATO), and debt to equity (DER). This study applied quantitative methods and sampling techniques using purposive sampling techniques with criteria determined by the author. The samples processed were 30 companies in the non-financial sector that carried out acquisition activities in 2017-2020. Financial ratios are processed with a period of two years before to two years after the acquisition. Hypothesis testing, this study uses the Wilcoxon Signed Rank Tests. Based on the results of hypothesis testing, it shows that the financial ratios of liquidity, profitability, activity, and solvency do not experience a significant difference after carrying out acquisition activities.