ANALISIS MANAJEMEN LABA DAN KINERJA KEUANGAN PERUSAHAAN PENGAKUISISI SEBELUM DAN SESUDAH MERGER DAN AKUISISI DI INDONESIA (Studi Empiris pada Perusahaan Manufaktur yang Listed di BEI)

Abstract

The aims of this research at examining the earnings management practice in aquirer companies before and after mergers and acquisitions. And also shown to difference financial performance by aquirer companies before and after mergers and acquisitions. Purposive sampling method was used to determine research sample. From this method, we have collected 310 observations from 13 public banks companies/3 years. By using Wilcoxon Signed Ranks Test analysis as the research method, the results shown that the earnings management practice in aquirer companies before and after mergers and acquisitions which have been detected by using specific Discretionary Accrual modified model from Jones (1991). And also by using Paired Samples T- Test analysis as the research method, the result shown that difference the companies performance.