MANAJEMEN LABA DAN KINERJA KEUANGAN PERUSAHAAN PENGAKUISISI SEBELUM DAN SETELAH MERGER

Authors

  • Novi Puji Lestari

DOI:

https://doi.org/10.22219/jmb.v1i2.1333

Abstract

PT. Dwikarya Indonesia Mandiri
E-mail: novipl_biru2511@yahoo.co.id

ABSTRACT

The purpose of this study is to obtain empirical evidence of whether the acquirers perform earnings
management prior to implementation of the acquisition. This type of research is a comparative study
which compares the financial performance before and after the company making acquisitions. Analysis
of financial performance is using financial ratios, including profitability, and activity. The results of
data analysis shows that there was no indication of earnings management before the acquisitions conducted
by the acquirer with Increasing income accruals. Furthermore, the company’s financial performance
as measured by the ratio of total asset turnover, net profit margin, returns on assets after the
acquisition has a difference in the negative direction. The conclusion is that the acquirers before the
acquisition are not convicted of earnings management with increasing income accrual. Acquirer’s financial
performance before and after the acquisitions have a difference, but the condition of the
company is in sound condition.

Keywords: Acquisitions, earnings management, financial performance

Downloads

Download data is not yet available.

Downloads

Published

2013-01-11

Issue

Vol. 1 No. 2 (2011): October

Section

Articles

License

Authors who publish with this journal agree to the following terms:

  1. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).
Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.