Entrepreneurship and Small Business Research
Vol. 2 No. 2 (2023): Entrepreneurship and Small Business Research (August 2023 - November 2023)

Comparison of The Financial Performance of Banking Companies Before and After Merger or Acquisition

Zahara, Zahara (Unknown)
Alang Sari, Putrie (Unknown)
Ramadhea Jr, Syafira (Unknown)
Andriani, Wiwik (Unknown)



Article Info

Publish Date
02 Sep 2023

Abstract

In competitive era nowadays, management is expected to make the right business strategies, including merger or acquisition actions, for optimizing the value of the company. This study aims to analyze the differences in financial performance before and after a merger or acquisition. The research method used is a quantitative approach with secondary data obtained from the idx.co.id website. The population in this study were banking sector companies listed on the Indonesia Stock Exchange (IDX). The sampling technique was carried out using purposive sampling method with a total sample of 6 companies. The research data used are financial statements for 2 years before and 2 years after the merger and acquisition. The data is processed using the SPSS v.25 application. The results of the study using the Wilcoxon signed test showed that there were significant differences in TATO and EPS after the merger or acquisition, then there were no significant differences in CR, DER, ROA, and NPL.

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Journal Info

Abbrev

esber

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Entrepreneurship and Small Business Research (ESBER) aims to relate to current research qualitative and quantitative on entrepreneurship, Small and Medium Enterprises (SMEs) Finance, Business & Social Science Innovation as well as Practices. The scope of the Entrepreneurship and Small Business. ...