Analisis Dampak Initial Public Offering terhadap Kinerja Keuangan pada PT Victoria Investama Tahun 2013

Abstract

The company has a variety of ways to meet the capital needs one of the way isInitial Public Offering (IPO) and another goal doing an IPO is for company expansion (expansion) , improve the financial structure and the transfer of ownership (divestiture). The purpose of this study are: (1) to analyze financial performance Victoria Investama before the IPO with the analysis of financial ratios; (2) to analyze financial performance Victoria Investama after the IPO with the analysis of financial ratios; (3) To analyze the impact of the IPO on the financial performance of PT Victoria Investama period 2012-2013. The data in this study is processed using financial ratios and analysis tools Paired Samples t - test with SPSS 15. Results of the research company's financial ratios showed an increase in liquidity, activity and solvency while profitability ratios decreased. Result from SPSS shows that there is no difference in average financial performance after IPO at PT Victoria Investama.