Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Visioner & Strategis
Safrizal Effendi
Fakultas Ekonomi dan Bisnis
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
Kinerja Keuangan Sebelum dan Sesudah IPO: Studi Kasus pada PT. Garuda Indonesia (Persero) Husaini Husaini; Safrizal Effendi
Jurnal Visioner & Strategis Vol 10, No 1 (2021)
Publisher : Department of Management Faculty of Economics and Business, UNIVERSITAS MALIKUSSALEH

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

Abstract

This study aims to determine the differences in the financial performance of company before and after the Initial Public Offering (IPO) at PT Garuda Indonesia. The financial ratios used are CR, QR, DAR, DER, ROA, and ROE. This study uses secondary data in the form of annual financial statements from 2009 to 2018 accessed on www.idx.co.id and www.garuda-indonesia.com. The method of data analysis used is the Paired Sample T-Test using SPSS 25. The results showed that financial performance measured by six financial ratios, consisting of CR, QR, DAR, DER, ROA, and ROE are not significantly different after IPO compared to before the IPO. The IPO strategy has not been fully achieved because the financial performance conditions after the IPO have not improved. Suggestions for further research are to add more financial ratios and include PT Garuda Indonesia subsidiaries engaged in air transportation to get more accurate results
Co-Authors Husaini Husaini