PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)

Competition is increasingly tight business world that requires companies to always innovate and develop corporate strategy. One way is by expanding the form of acquisition. Company after the acquisition is expected to be more valuable if it was led by a new management team or it could be regarded as...

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Main Authors: , Dian Filianti, , Erlambang Nahartyo, Ph.D.
Format: Thesis
Published: [Yogyakarta] : Universitas Gadjah Mada 2011
Subjects:
ETD
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author , Dian Filianti
, Erlambang Nahartyo, Ph.D.
author_facet , Dian Filianti
, Erlambang Nahartyo, Ph.D.
author_sort , Dian Filianti
collection UGM
description Competition is increasingly tight business world that requires companies to always innovate and develop corporate strategy. One way is by expanding the form of acquisition. Company after the acquisition is expected to be more valuable if it was led by a new management team or it could be regarded as management replacement. This is done by PT Bank Danamon, Tbk that acquired PT Adira Multidinamika Finance, Tbk in 2004. There are three approaches to the analysis conducted to measure performance and corporate governance after the acquisition, the stock price analysis with total returns, analysis of operational performance with the cash flow return, and governance analysis using the model in accordance with Bank Indonesia Circular Letter Number: 9 / 12 / DPNP dated May 30, 2007. The period considered is between the years 1999-2009 but excluded the period of acquisition, the year 2004. The results showed that performance declined, both in terms of share price performance and operational performance. However, in corporate governance after the acquisition is followed by management replacement showed no increase in the predicate of being good is good enough.
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spelling oai:generic.eprints.org:887882014-08-20T02:51:01Z https://repository.ugm.ac.id/88788/ PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk) , Dian Filianti , Erlambang Nahartyo, Ph.D. ETD Competition is increasingly tight business world that requires companies to always innovate and develop corporate strategy. One way is by expanding the form of acquisition. Company after the acquisition is expected to be more valuable if it was led by a new management team or it could be regarded as management replacement. This is done by PT Bank Danamon, Tbk that acquired PT Adira Multidinamika Finance, Tbk in 2004. There are three approaches to the analysis conducted to measure performance and corporate governance after the acquisition, the stock price analysis with total returns, analysis of operational performance with the cash flow return, and governance analysis using the model in accordance with Bank Indonesia Circular Letter Number: 9 / 12 / DPNP dated May 30, 2007. The period considered is between the years 1999-2009 but excluded the period of acquisition, the year 2004. The results showed that performance declined, both in terms of share price performance and operational performance. However, in corporate governance after the acquisition is followed by management replacement showed no increase in the predicate of being good is good enough. [Yogyakarta] : Universitas Gadjah Mada 2011 Thesis NonPeerReviewed , Dian Filianti and , Erlambang Nahartyo, Ph.D. (2011) PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk). UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=50967
spellingShingle ETD
, Dian Filianti
, Erlambang Nahartyo, Ph.D.
PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title_full PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title_fullStr PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title_full_unstemmed PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title_short PENGARUH PERUBAHAN MANAJEMEN TERHADAP PERFORMA DAN TATA KELOLA PERUSAHAAN SETELAH AKUISISI (Studi Pada PT Bank Danamon, Tbk)
title_sort pengaruh perubahan manajemen terhadap performa dan tata kelola perusahaan setelah akuisisi studi pada pt bank danamon tbk
topic ETD
work_keys_str_mv AT dianfilianti pengaruhperubahanmanajementerhadapperformadantatakelolaperusahaansetelahakuisisistudipadaptbankdanamontbk
AT erlambangnahartyophd pengaruhperubahanmanajementerhadapperformadantatakelolaperusahaansetelahakuisisistudipadaptbankdanamontbk