Analysis of Financial Performance Before and After Ipo (Initial Public Offering) on Company Share Acceleration Boards on The Indonesia Stock Exchange
DOI:
https://doi.org/10.52218/ijbtob.v2i4.205Abstract
This study aims to determine whether there is a difference between the liquidity ratio proxied by current assets, the solvency ratio proxied by the debt to equity ratio, and the profitability ratio proxied by return on assets and return on equity on shares of acceleration board companies that carry out initial public offerings. (IPO) on the Indonesian stock exchange in 2020. This study uses a quantitative approach. The data collection technique uses a literature study, namely by studying literature, notes, research journals, scientific works, and books related to theories and problems to be discussed and then added with the documentation method. The source used is secondary data in the form of financial report data of the acceleration board company that will be studied. The sampling technique was using purposive sampling method with a total of 5 companies. The analytical method used is descriptive analysis and paired sample t-test analysis. The results of the study stated that there were no significant differences in all variables, namely current assets, debt to equity ratio, return on assets and return on equity at the time before carrying out the IPO (Initial Public Offering) and after the IPO (Initial Public Offering) on stocks. acceleration board companies on the Indonesian stock exchange in 2020.
Keywords: Initial Public Offering, Acceleration Board Shares, Current Assets, Debt to Equity Ratio, Return on Assets, and Return on Equity
Downloads
References
Bachelier, L. 1900. Thorie de la speculation. Pzaris: Gauthier – Villars. Translated by A. J. Boness. In the random character of stock market prices, edited by p. Cootner. Cambridge: MIT Pres
Cahyani, R. T. (2013). Analisis Kinerja Keuangan Perusahaan Sebelum Dan Sesudah Perusahaan Melakukan Ipo ( Initial Public Offering ) Di Bursa Efek IIndonesia ( Bei ) ( Studi Pada Perusahaan Yang Listing Di Bei Pada Tahun 2013 ). Jurnal Administrasi Bisnis, 45(1), 10–18.
Dewi, L. N., Jhoansyah, D., & Komariah, K. (2020). Analisis Kinerja Keuangan Perusahaan Sebelum Dan Sesudah Initial Public Offering ( IPO ). Jurnal Aplikasi Manajemen Dan Inovasi Bisnis, 3, 1–15.
Fittriana, R. N., Mardani, R. M., & Wahono, B. (2020). Analisis Perbandingan Kinerja Keuangan Perusahaan Sebelum Dan Sesudah Go Public (Studi Pada Perusahaan Yang Melakukan Initial Public Offerings (Ipo) Pada Tahun 2016-2017 Yang Terdaftar Di Bursa Efek Indonesia). E-Jurnal Riset Manajemen, 9(20), 32–41.
Hendrasih, I. (2017). Strategi Membeli Initial Public Offering di pasar modal perdana Indonesia. Jurnal Moneter, IV(2), 166–175.
Heradhayksa, B., & Pamesti, P. I. (2019). Jenis Tindak Pidana dalam Pasar Modal Syariah. Jurnal Hukum Ekonomi Islam, 200–211.
Kumalasari, D., & Riduwan, A. (2018). Pengaruh Keputusan Investasi, Keputusan Pendanaan, Dan Kebijakan Dividen Terhadap Nilai Perusahaan. Jurnal Kajian Akuntansi Dan Auditing, 1-10.
Miyati, I. (2019). Analisis Perbedaan Kinerja Keuangan Perusahaan Sebelum dan Sesudah Initial Public Offering (IPO) (Studi Empiris pada Perusahaan Non Keuangan yang Melakukan IPO Tahun 2016). Jurnal Administrasi Bisnis, 34-45.
Munthe, A. D. A., Mulyaningsih, M., Prasetyo, B. H., Akuntansi, P. S., Ekonomi, F., & Pakuan, U. (2017). Analisis Kinerja Keuangan Perusahaan Sebelum Dan Sesudah Initial Public Offering ( Ipo ) Di Bursa Efek Indonesia Pada Perusahaan Yang Melakukan Ipo Tahun 2016, E-Jurnal Manajemen Universitas Pakuan. 23-40.
Qorinawati, V., & Adiwibowo, A. S. (2019). Pengaruh Kinerja Keuangan Terhadap Harga Saham (Studi Empiris Pada Emiten Yang Konsisten Masuk Dalam Indeks Lq45 Tahun 2015-2017). Diponegoro Journal of Accounting, 8(1), 1–11.
Rofifah, D. (2020). Proses dan Produk Investasi pada Pasar Sekunder. Paper Knowledge . Toward a Media History of Documents, 1402180132, 12–26.
Setyawan, B. M., Samuel, H., & Basana, S. R. (2018). Analisa Likuiditas, Financial Leverage, Aktivitas, dan Profitabilitas Terhadap Initial Return Perusahaan yang Melakukan Initial Public Offering di Bursa Efek Indonesia Tahun 2006-2016. Petra Business & Management Review, 4(2), 30–43.
Capital Market Law No. 8 of 1995
Peraturan Otoritas Jasa Keuangan Nomor 53/POJK.04/2017 tentang Pernyataan Pendaftaran dalam Rangka Penawaran Umum dan Penambahan Modal dengan Memberikan Hak Memesan Efek Terlebih Dahulu oleh Emiten dengan Aset Skala Kecil atau Emiten dengan Aset Skala Menengah
www.idx.co.id
