SIMILARITY RESULT OF_BANKING STOCK ABNORMAL RETURN ANALYSIS OF PRE AND POST MERGER AND ACQUISITION IN INDONESIA

astricia, rivanny and Andriana, Isni and Ghasarma, Reza (2023) SIMILARITY RESULT OF_BANKING STOCK ABNORMAL RETURN ANALYSIS OF PRE AND POST MERGER AND ACQUISITION IN INDONESIA. Turnitin Universitas Sriwijaya.

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Abstract

The number of mergers and acquisitions (M&A) in Indonesia is growing because of government policy and also their usefulness as a corporate tool to pursue strategic growth and profit. This study aims to analyze the abnormal returns of banking industries pre and post merger and acquisition in Indonesia. Using a sample of 7 M&A deals in Indonesia from 2018 to 2019, the event study methodology used in this study is Paired Sample T-Test to tell the difference between pre and post abnormal returns. The data that use for calculating is -30 until +30 of Merger and Acquisition. The result shows that from 7 mergers and acquisition there is only one bank that has a significant difference while the rest does not have a significant difference pre and post the event. This research hopefully can be used for further research, useful for investment practitioners.

Item Type: Other
Uncontrolled Keywords: Merger, Acquisition, Abnormal Return, Paired Sample T-Test.
Subjects: #3 Repository of Lecturer Academic Credit Systems (TPAK) > Articles Access for TPAK (Not Open Sources)
#3 Repository of Lecturer Academic Credit Systems (TPAK) > Results of Ithenticate Plagiarism and Similarity Checker
Divisions: 01-Faculty of Economics > 61001-Management (S3)
Depositing User: Mrs Isni Andriana
Date Deposited: 27 Apr 2023 11:59
Last Modified: 28 Apr 2023 08:26
URI: http://repository.unsri.ac.id/id/eprint/97606

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