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ANALISIS PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN ANTARA SEBELUM DAN SESUDAH IPO (INITIAL PUBLIC OFFERING)
The decision to conduct initial public offering (IPO) gives great influence in improving the condition of the companyand to increase the financial performance. One of the common ways to assess the financial performance of the companyis by observing and analyzing the financial statement. These analyses provide descriptionof the company which has been analyzed. This research is meant to find out whether there isa significant different of the financial performance of the company before and after the Innitial Public Offering (IPO) which has been carried out by using paired t-test.The result of the finacial ratio analysis of the company before and after the Initial Public Offering (IPO) shows that the financial performance of the company after the Initial Public Offering (IPO) which is proxy by liquidity ratio, activity ratio, solvability ratio and profitability ratio stated that the result of paired t-test of the financial performance before and after the Initial Public Offering (IPO) 8 financial ratios shows four financial ratios (current ratio, quick ratio, debt to total asset ratio, andreturn on equity) after the Initial Public Offering (IPO) shows that the financial performance of the company have experienced significantchanges whereas the other four financial ratios show that the financial performance of the company do not have experienced any significant changes.
Keywords: Financial Performance, Financial Ratio, and Initial Public Offering(IPO)
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