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ANALISIS PERBEDAAN KINERJA KEUANGAN SEBELUM DAN SESUDAH AKUISISI PADA PT. MITRABAHTERA SEGARA SEJATI TBK
This research is aimed to find out the difference of financial performance at PT. Mitrabahtera Segara Sejati Tbk before and after the acquisition. This research is a comparative research which has been conducted by using quantitative approach. This research is focused on the case of a period of 3 years before and after acquisition. The financial performance can be seen from liquidity ratio, solvability ratio, activity ratio and profitability ratio. The data analysis technique has been carried out by using paired sample t-test. Based on the result of paired sample t-test analysis, the performance of liquidity and solvability shows that there is a significant difference after the acquisition has been conducted. The activity and profitability performance shows that there is no significant difference after the acquisition has been conducted, while on return on equity shows there is a significant difference after the acquisition has been conducted. Therefore it can be concluded that the financial performance it is reviewed from liquidity and solvability seems to be able to optimize the profit relatively in a short time, whereas the financial performance when it is reviewed from activity and profitability shows that it has not been able to generate the optimal profit yet.
Keywords: Acquisition, financial ratio, and financial performance.
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