Comparison of Financial Performance of Companies Pre and Post Initial Public Offering (IPO): Empirical Evidence From The Indonesian Stock Exchange
DOI:
https://doi.org/10.63607/jcmb.v14i4.80Keywords:
IPO, Kinerja Keuangan, Wilcoxon Signed Rank TestAbstract
Penelitian ini bertujuan untuk mendeskripsikan dan membandingkan kinerja keuangan pada periode sebelum dan sesudah perusahaan melakukan Initial Public Offering (IPO). Metode penelitian yang digunakan adalah deskriptif-komparatif dengan pendekatan kuantitatif. Penelitian ini dilakukan terhadap 23 perusahaan yang terdaftar di Bursa Efek Indonesia (BEI) pada tahun 2022. Pengujian hipotesis dilakukan dengan menggunakan Wilcoxon Signed Rank Test dengan bantuan perangkat lunak SPSS V.30.0.
Hasil penelitian menunjukkan bahwa terdapat perbedaan yang signifikan pada kinerja keuangan setelah perusahaan melakukan IPO dibandingkan dengan sebelum perusahaan melakukan IPO, yang diukur menggunakan Current Ratio (CR), Debt to Equity Ratio (DER), dan Return on Equity (ROE). Sementara itu, Total Assets Turnover (TATO) menunjukkan tidak terdapat perbedaan yang signifikan antara sebelum dan sesudah perusahaan melakukan IPO.
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