CD Skripsi
Pengaruh Merger Dan Akuisisi Terhadap Kinerja Keuangan Dengan Good Corporate Governance (Gcg) Sebagai Variabel Pemoderasi (Studi Kasus Pada Perusahaan Sektor Properti, Real Estate Dan Konstruksi Bangunan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2017)
ABSTRACT
One of the companies strategies to survive in the global competition is to become a larger or wider company by conducting mergers and acquisitions. In some cases, the financial performance of companies that have implemented this strategy is still not optimal. Therefore good corporate governance is needed to support and strengthen the company’s financial performance. This study aims to determine the effect of mergers and acquisitions on financial performance, with the good corporate governance as a moderating variable.
Mergers and acquisitions in this study are proxied with the book value ratio and financial performance is measured with return on assets (ROA). The population in this study involved 54 company’s wich are included in the property, real estate and building construction sector listed on the indonesia stock exchange. The sampling technique used was purposive sampling method with total sample of 49 companies. The analytical method used in this study is moderation regression analysis (MRA).
The result can be concluded that the higher the value of good corporate governance is, the higher the influence of mergers and acquisition will be on financial performance (ROA).
Keywords: Book Value, Mergers and Acquisitions (Dummy), Good Corporate Governance, Return on Assets
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