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Hasil Pencarian

Ditemukan 4 dokumen yang sesuai dengan query
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Silalahi, Sheila Esther Octavia
"[ ABSTRAK
Penelitian ini bertujuan untuk menguji pengaruh kepemilikan keluarga terhadap
keputusan perusahaan non finansial dalam melakukan merger dan akuisisi.
Penelitian ini juga menguji pengaruh kepemilikan keluarga terhadap cumulative
abnormal return, ketika perusahaan memutuskan untuk melakukan merger dan
akuisisi. Regresi logistik untuk 249 perusahaan dalam 6 tahun penelitian
menemukan bahwa perusahaan dengan kepemilikan keluarga secara signifikan
lebih pasif dalam melakukan kegiatan merger dan akuisisi. Secara umum, seiring
pertambahan persentase kepemilikan keluarga, efek entrenchment semakin
menguat. Walaupun begitu, pengaruh persentase kepemilikan dalam berbagai
rentang ditemukan berbeda, dikarenakan ada hubungan non linear antara
konsentrasi kepemilikan dengan keputusan merger dan akuisisi. Regresi OLS
menemukan bahwa walaupun sentimen pasar akan kegiatan merger dan akuisisi
secara umum positif, namun efeknya melemah seiring dengan pertambahan
persentase kepemilikan dalam perusahaan bidder keluarga.
ABSTRACT This research aims to examine the impact of family ownership to merger and
acquisition decision. This research also aims to examine the difference of family
ownership in terms of market sentiment using proxy stock cumulative abnormal
return following merger and acquisition. Logistic regression for 249 firms in 6
years discovers that family firms are significantly more passive towards merger
and acquisition decision, and this entrenchment effect is reinforced as the family
percentage increases. However, it is found that there is non linear relationship
between family percentage and its likelihood to merge and acquire. OLS
regression finds that even when merger and acquisition decision generally create
positive value on abnormal return, this effect is weakened as family ownership
percentage increases in bidder firm.;This research aims to examine the impact of family ownership to merger and
acquisition decision. This research also aims to examine the difference of family
ownership in terms of market sentiment using proxy stock cumulative abnormal
return following merger and acquisition. Logistic regression for 249 firms in 6
years discovers that family firms are significantly more passive towards merger
and acquisition decision, and this entrenchment effect is reinforced as the family
percentage increases. However, it is found that there is non linear relationship
between family percentage and its likelihood to merge and acquire. OLS
regression finds that even when merger and acquisition decision generally create
positive value on abnormal return, this effect is weakened as family ownership
percentage increases in bidder firm.;This research aims to examine the impact of family ownership to merger and
acquisition decision. This research also aims to examine the difference of family
ownership in terms of market sentiment using proxy stock cumulative abnormal
return following merger and acquisition. Logistic regression for 249 firms in 6
years discovers that family firms are significantly more passive towards merger
and acquisition decision, and this entrenchment effect is reinforced as the family
percentage increases. However, it is found that there is non linear relationship
between family percentage and its likelihood to merge and acquire. OLS
regression finds that even when merger and acquisition decision generally create
positive value on abnormal return, this effect is weakened as family ownership
percentage increases in bidder firm.;This research aims to examine the impact of family ownership to merger and
acquisition decision. This research also aims to examine the difference of family
ownership in terms of market sentiment using proxy stock cumulative abnormal
return following merger and acquisition. Logistic regression for 249 firms in 6
years discovers that family firms are significantly more passive towards merger
and acquisition decision, and this entrenchment effect is reinforced as the family
percentage increases. However, it is found that there is non linear relationship
between family percentage and its likelihood to merge and acquire. OLS
regression finds that even when merger and acquisition decision generally create
positive value on abnormal return, this effect is weakened as family ownership
percentage increases in bidder firm., This research aims to examine the impact of family ownership to merger and
acquisition decision. This research also aims to examine the difference of family
ownership in terms of market sentiment using proxy stock cumulative abnormal
return following merger and acquisition. Logistic regression for 249 firms in 6
years discovers that family firms are significantly more passive towards merger
and acquisition decision, and this entrenchment effect is reinforced as the family
percentage increases. However, it is found that there is non linear relationship
between family percentage and its likelihood to merge and acquire. OLS
regression finds that even when merger and acquisition decision generally create
positive value on abnormal return, this effect is weakened as family ownership
percentage increases in bidder firm.]"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2016
S61869
UI - Skripsi Membership  Universitas Indonesia Library
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Fania Eva Naila
"

Penelitian ini bertujuan untuk mengkaji mengenai perilaku waktu dan melihat permasalahan dari perspektif waktu pasar ekuitas dan utang yang mempengaruhi keputusan pendanaan eksternal perusahaan keluarga di ASEAN dan juga melakukan pembaharuan untuk menguji pengaruh krisis ekonomi global. Sampel dari penelitian ini adalah 30 induk perusahaan keluarga ASEAN yang telah IPO selama periode 2003-2022 dengan teknik regresi data panel. Hasil menunjukkan bahwa ada pengaruh negatif signifikan pada waktu pasar ekuitas pada market leverage dan positif signifikan pada waktu pasar utang pada book leverage serta pengaruh positif signifikan pada krisis ekonomi tahun 2008-2009 dan 2020-2021 pada keseluruhan leverage. Hasil ini akan memberikan pandangan baru terhadap praktisi, regulator, dan akademisi mengenai keputusan pendanaan perusahaan keluarga.


The purpose of this study is to evaluate the behavior of time and challenges in debt and equity market timing of family companies in ASEAN as well as updates to observe how the global economic crisis is affecting the external funding decisions. The sample of this study were 30 ASEAN family companies that had IPOs during the 2003-2022 period using the panel data regression technique. The findings show that there is a strong negative significant with market leverage testing on the timing of the equity market, a positive significant with book leverage testing on the timing of the debt market, and a positive significant with economic crises for the periods 2008-2009 and 2020-2021 with all leverage testing. These findings will provide practitioners, regulators, and academic insights into family companies finance decisions.

"
Depok: Fakultas Ekonomi dan Bisnis Universitas Indonesia, 2023
S-pdf
UI - Skripsi Membership  Universitas Indonesia Library
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Sentanu, Arif Ario Suryo Hendara
"The purpose of this study is to understand what are the driving factors and focuses of CSR implementation by family businesses in Indonesia, Japan and Thailand. We investigated how these countries differ and are similar to one another. An in depth literature review was conducted which was also analyzed using NVivo; We also conducted in depth interview with several family businessmen from Indonesia and Japan to gain more insight regarding the topic. The result show that culture religion moral and ethics as the driving factors for these family businesses They all focus their CSR program on education community and the environment. Although all countries were similar they each had their own uniqueness and characteristics.

Tujuan studi ini adalah untuk memahami apa saja motivating drivers dan fokus pelaksanaan CSR oleh perusahaan keluarga di Indonesia, Jepang dan Thailand. Kami menganalisa apa saja persamaan dan perbedaan negara negara ini Pene litian ini melibatkan in depth literature review dan juga analisa menggunakan NVivo. Penelitian ini juga melibatkan wawancara dengan pelaku perusahaan keluarga untuk menggali lebih dalam informasi perihal topik studi. Hasil penelitian menunjukkan bahwa kultur agama moral dan ethics sebagai driving factors untuk perusahaan keluarga Semua perusahaan keluarga memfokuskan program CSR mereka terhadap pendidikan komunitas dan lingkungan hidup Meskipun semua Negara memiliki kesamaan tetapi mereka juga memiliki."
Depok: Fakultas Eknonomi dan Bisnis Universitas Indonesia, 2016
S61679
UI - Skripsi Membership  Universitas Indonesia Library
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Sri Setiawati
"Ada banyak, kajian tentang Kebudayaan .Korporat yang ditinjau dari sudut pandang ekonomi yang memperlihatkan betapa pentingnya peran Kebudayaan Korporat di dalam menunjang keberhasilan suatu organisasi atau perusahaan. Sementara Kebudayaan Korporat pada suatu perusahaan atau organisasi yang ditinjau secara antropologi masih sangat jarang diteliti terutama dari kalangan antropolog sendiri.
Sementara di masyarakat luas ada semacam 'salah kaprah' dalam memahami makna kebudayaan. Kebudayaan sering dianggap sebagai suatu yang konkrit, yang jelas Batas-batasnya.. Dengan demikian kebudayaan sering dibayangkan sebagai sesuatu yang utuh, mandek dan sebagai suatu warisan harus diturunkan secara-turun temurun untuk dilestarikan. Menurut Umar Kayam (1996), kebudayaan sebagai suatu proses dialektika yang dinamis. la bergerak berproses lewat dialog -atau 'konflik atau tawar-menawar antara berbagai tesa dan anti tesa untuk kemudian mencapai suatu penyesuaian yang disebut sintesa, Tetapi begitu sintesa tersebut mendapatkan sosok yang mantap dan berubah menjadi suatu tesa baru akan segera ditawar, dikritik oleh antitesa baru, hingga proses dialektika tersebut akan terus bergulir mencapai sintesa menuju status sosok kemapanan sementara.
Begitu halnya dengan Kebudayaan Korporat pada perusahaan, tidak begitu saja dapat direkayasa oleh pengusaha apapun. Hal ini karena perusahaan adalah, bagian dari sistem ekonomi dan sistem perdagangan. Dari sistem-sistem tersebut akan terlihat dalam berbagai polemik dan tarik tambang antara berbagai tesa dan anti tesa.
Dengan demikian Kebudayaan Korporat telah didayagunakan sebagai salah satu perangkat. Manajemen untuk mencapai tujuan perusahaan. Bukan hanya sebagai pembentuk identitas perusahaan dan berfungsi sebagai pengukuhan jati diri organisasi Agar semakin mantap. Tetapi lebih dari itu, Kebudayaan Korporat dapat di manfaatkan sebagai salah satu andalan daya saing perusahaan, Kebudayaan Korporat bukan lagi sejarah perusahaan dalam meraih sukses, tetapi sebuah rekayasa manajemen untuk berkompetisi di arena global."
Depok: Universitas Indonesia, 1999
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UI - Tesis Membership  Universitas Indonesia Library