Article Per Year (5 Year)
p-Index From 2020 - 2025
0.562
P-Index
This Author published in this journals
All Journal Jurnal Siasat Bisnis Jurnal Kewarganegaraan Journal of Civil Engineering Science & Technology (CI-TECH)
Ali Muktiyanto
Universitas Indonesia
Civil Engineering, Building, Construction & Architecture Decision Sciences, Operations Research & Management Education Engineering Social Sciences Transportation Other

Published : 4 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Siasat Bisnis

 1 
Pengaruh Faktor-Faktor Akuisisi terhadap Abnormal Return (Studi pada Perusahaan Akuisitor di BEJ antara Tahun 1992 Sampai 1997) Ali Muktiyanto
Jurnal Siasat Bisnis Vol. 1 No. 10 (2005)
Publisher : Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

The objective of this study are (1) to examine the change the abnormal returns pre and post acquisition, (2) to examine the influence of acquisition factors: Q ratio (Tobin’s Q ratio), relative size between bid¬der and target acquisition (size), reaction target management (hostile or fiendly/HF), choice of investment financ¬ing/COI), number of bidder acquisition (number of bidder/NB) and asymmetric information (AI), on the companies’ abnormal returns either simultaneously or partially, and (3) to examine  the influence acquisition factors on the abnormal returns in case of internal  and external acquisition.By analyzing financial statement of 20 bidders and 40 target conducted acquisition at Bursa Efek Ja¬karta between 1992 and 1997, the result of the study shows that (1) the companies abnormal returns have posi¬tive performance, (2) the acquisition factors in both simultaneously and partially have positive influence on the ab¬normal returns, and (3) there is a different influence of acquisition factors on the abnormal returns between inter¬nal acquisition and those of external acquisition.Key words: acquisition, abnormal return, bidder, target
Co-Authors Mahyus E. Sitompul Mik Wanul Khosiin Rabani Tatang Ari Gumanti Widi Hidayat