| dc.description.abstract | The existence of the free market requires the company to continuosly develop the
corporate strategy in order to maintain its existence and improve their
performance, one with the merger. The goal is to achieve positive synergies
expected, but many mergers that would not result in financial gain as expected or
desired by the company. Corporate performance is measured by using financial
ratios, that is: CR (Current Ratio), QR (Quick Ratio), ROA (Return On Asset),
ROE (Return On Equity), DER (Debt to Equity Ratio), DAR (Debt to Asset Ratio),
ITO (Inventory Turn Over), TATO (Total Assets Turn Over), PER (Price Earning
Ratio), dan PBV (Price Book Value). This study uses only one company that
merged in 2009, that is PT Bentoel Internasional Investama Tbk. Data analysis
methods used to answer the hypothesis in this study is the test for normality with
the Kolmogorov-Smirnov test, and different test with Paired Samples T Test. Test
results using Paired Samples T Test showed that of 10 financial ratios that were
tested only two financial ratios that are significantly defferent for the three
quarters before and after merger, the ratio of the QR (Quick Ratio) and PER
(Price Earning Ratio). | en_US |
