Journal of Social Research
Vol. 2 No. 8 (2023): Journal of Social Research

Determination of Decisions in Merger, Consolidation, and Acquisition of Firms Listed on the Indonesia Stock Exchange During the Covid 19 Pandemic

Rufaida, Dwiavita (Unknown)
Utomo, Rochmad Bayu (Unknown)



Article Info

Publish Date
18 Jul 2023

Abstract

This research was conducted to examine and analyze the effect of firm size, leverage, dividend payout, and board of directors on merger, consolidation, and acquisition decisions proxied by Return on Investment (ROI). This research was conducted on firms listed on the Indonesia Stock Exchange (IDX) in 2020-2021. The sample used in this study was determined by purposive sampling method, and it produced 31 samples. The data analysis was being conducted by using multiple linear regression analysis method. The results of the analysis showed that leverage has a significant negative effect on merger, consolidation and acquisition decisions, and the board of directors has a significant positive effect on merger, consolidation and acquisition decisions, and firm size. Furthermore, dividend payout has no significant effect on merger, consolidation and acquisition decisions.

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Journal Info

Abbrev

ijsr

Publisher

Subject

Humanities Computer Science & IT Economics, Econometrics & Finance Education Social Sciences

Description

The Journal of Social Research is a double blind peer-reviewed academic journal and open access to social and scientific fields. The journal is published monthly by International Journal Labs. The Journal of Social Research provides a means for sustained discussion of relevant issues that fall ...