PERBANDINGAN KINERJA KEUANGAN PERUSAHAAN SEBELUM DAN SETELAH AKUISISI PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

The purpose of this research is to find out the difference of financial performance of the acquirer which is measured by using Current Ratio, Quick Ratio, Net Profit margin, Gross Profit Margin, Return On Assets, Return On Equity, Earning per Share, Debt to Equity Ratio, and Total Assets Turn Over before and after acquisition. The research is a comparative research and the population is the companies which are listed in Indonesia Stock Exchange in 2006 - 2015 periods. The sample collection technique has been done by using purposive sampling, so 12 companies which has carried out the acquisition activities in 2009 - 2011 period have been selected as samples. The data analysis technique has been done by performing Wilcoxon Signed Rank test. Based on the result of the analysis which has been carried out by using Wilcoxon S igned Rank test 9 financial ratios that have no significant differences. Key words : Financial performance, Financial ratios, and Acquisition