| Summary: | In this thesis discusses the transfer pricing where it happen. This is caused
because of the cooperation between parent companies and subsidiaries which
market and produce and sell the same brand.
With this it is alleged the existence of the company�s earnings but get in onother
companies in such a small.
Portion group stock owners (62 people), asunwilling sellers even thought
little or small but there, just enjoying the dividends the company, should we think.
PT. AGM as a willing buyer data analyzed are financial reporting data in 2009,
from 2005 until 2009, purpose of this study are :
The research purpose to calculate the fair market value of shares
amounting to 100 percent of PT Aqua Golden Misissipi tbk. Research purpose
including calculatingan indication of a transfer pricing.
To the parties for decision makers to be careful with the possibilities that
occurbehind this all. Especially to researchers as the experience to determine the
fair market periode in the same case.
The approach income approach with the DCF method and approach the
market with multiple comparison method of the open market.
From this stock assessment calculation with 2 (two) approach, market approach
and income approach with DCF method obtained results Rp211.890 per share and
the market approach is obtained by Rp160.133.
Rekonsiliation value by 60 percent weight to DCF and comparative market
data by 40 percent, then the resulting fair market value amounting to Rp191.187.
This is still much smaller compared to that occurred in exchange for minority
shares in the repurchase of Rp500.000,- per share.
Repurchase conclusion of Rp500.000,- per share has been very fair, although
there are indications of Transfer Pricing.
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