Tarigan, Dellas Devida Yunisaputri Sri Ulina (2017) Analisis Kinerja Keuangan Sebelum dan Sesudah Akuisisi PT. Pakoakuina oleh PT. Astra Otoparts, Tbk. Sarjana thesis, Universitas Brawijaya.
Abstract
Akuisisi merupakan salah satu jenis penggabungan usaha dimana proses pengambilalihannya, keseluruhan atau sebagian sistem dan kepemilikan perusahaan yang diakuisisi menjadi milik perusahaan pengakuisisi, dan setelah proses akuisisi maka masing-masing perusahaan tetap melanjutkan kegiatannya. Penelitian ini untuk menilai dan menganalisis kinerja keuangan sebelum dan sesudah akuisisi pada PT Astra Otoparts, Tbk. Kinerja keuangan diukur menggunakan rasio keuangan yang terdiri dari rasio likuiditas (current ratio, quick ratio), rasio solvabilitas (total debt to equity ratio, total debt to asset ratio), rasio profitabilitas (net profit margin, return on equity, return on asset), rasio aktvitas (total asset turn over), dan rasio nilai pasar (earning per share). Keseluruhan nilai rasio ini menunjukkan adanya penurunan setelah melakukan akuisisi dibandingkan sebelum melakukan akuisisi. Uji statistik yang digunakan, Paired Sample t- Test untuk mengetahui perbedaan kinerja keuangan sebelum dan sesudah akuisisi. Pada current ratio, quick ratio, net profit margin, return on equity, return on asset, total asset turn over, dan earning per share yang diuji dengan Paired Sample t-Test menunjukkan bahwa tidak terdapat perbedaan yang signifikan antara sebelum dan sesudah akuisisi. Sedangkan, pada total debt to equity ratio dan total debt to asset ratio menunjukkan bahwa terdapat perbedaan yang signifikan antara sebelum dan sesudah akuisisi pada PT Astra Otoparts, Tbk.
English Abstract
Acquisition is one type of business combination, where the acquired company’s system and ownership, wholly or partially, go to the acquiring company. However, after the acquisition both companies continue their business. The purpose of this research is to measure and analyze the financial performance of PT Pakoakuina before and after its acquisition by PT Astra Otoparts, Tbk. the financial performance is measured using liquidity ratios (current ratio, quick ratio), solvency ratios (total debt to equity ratio, total debt to asset ratio), profitability ratios (net profit margin, return on equity, return on asset), activity ratios (total assets turn over) and market ratios (earning per share). The overall values of these ratios decreased after the acquisition. Paired Sample t-Test was used to find any difference on the financial performance before and after the acquisition. The results show that there is no significant differences on current ratio, quick ratio, net profit margin, return on equity, return on asset, total assets turn over, and earning per share before and after the acquisition. However, there are significant differences on total debt to equity ratio and total debt to asset ratio before and after the acquisition by PT Astra Otoparts, Tbk.
| Item Type: | Thesis (Sarjana) |
|---|---|
| Identification Number: | SKR/FE/2017/392/051708866 |
| Uncontrolled Keywords: | Akusisi, Rasio Keuangan, Uji Beda Dua Rata-rata Berpasangan. |
| Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.1 Organization and financial management > 658.15 Financial management > 658.151 Financial control |
| Divisions: | Fakultas Ekonomi dan Bisnis > Manajemen |
| Depositing User: | Nur Cholis |
| Date Deposited: | 19 Sep 2017 06:54 |
| Last Modified: | 11 Nov 2020 03:42 |
| URI: | http://repository.ub.ac.id/id/eprint/2717 |
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