ANALISIS KEPEMILIKAN MANAJERIAL DAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SETELAH MERGER

Abstract

The purpose of this research is to fi nd any changes managerial and financial performance of the company before and after a merger. Managerial kepemilkan measured by the number of managerial compared with the number of shares outstanding. Measured by the number of managerial ownership managerial compared with the number of shares outstanding. Then to the company fi nancial ratios are measured with a total assets and turnover net pro fi t margin, and return on assets. The analysis was conducted using one sample t-test and paired sample test. Based on different paired test sample test May be known that the significance of tailed 0,286 (2) on the level of trust 95 %. Because probability signi fi cance (0,286) larger than 0.05 then can conclude that there is no difference between managerial possession before and after the merger. Based on test different t-test can be seen that the signi fi cance of the total turnover (0,085) assets, net pro fi t margin (0,362), and return on assets (0,531) 95 percent in the level of trust. Greater signi fi cance because the probability of 0.05 it can be concluded that there is no difference between the company fi nancial performance before and after a merger.