UI - Tesis (Open) :: Kembali

UI - Tesis (Open) :: Kembali

Analisis penilaian perusahaan target dalam proses akuisisi (PT Bank Muamalat Indonesia Tbk) = Analysis of the target Company valuation in acquisition process (PT Bank Muamalat Indonesia Tbk) = Analysis of the target Company valuation in acquisition process (PT Bank Muamalat Indonesia Tbk)

Indra Falatehan; ([Publisher not identified] , 2011)
 Abstrak
[ABSTRAK
Penelitian ini bertujuan untuk menganalisis nilai perusahaan dalam proses akuisisi (Bank
Muamalat Indonesia Tbk) dengan menggunakan metode Dividend Discount Model dan Rasio
Price to Book Value. Dalam perhitungan menggunakan metode Rasio Price To Book Value,
dilakukan penelitian terhadap variabel-variabel yang diduga merupakan variabel prediktor dari
Rasio Price to Book Value. Nilai penawaran akuisisi (nilai jual) dari pemegang saham existing
adalah konon kabarnya sebesar 3,2 kali dari Book Value. Dengan metode Dividend Discount
Model diketahui bahwa nilai penawaran overvalue dibandingkan dengan nilai hasil perhitungan
dengan metode tersebut yang menghasilkan nilai sebesar Rp. 912,271,073,396,- dan dengan
metode Rasio Price to Book Value diketahui bahwa nilai penawaran juga overvalue
dibandingkan dengan nilai yang diperoleh dari perhitungan dengan metode tersebut yang
menghasilkan nilai sebesar Rp. 2.725.798.015.378,- . Dengan demikian dapat diambil
kesimpulan bahwa keputusan Bank Mandiri untuk mundur dalam penawaran akuisisi Bank
Muamalat Indonesia adalah keputusan yang tepat bagi Bank Mandiri karena nilai penawaran
jauh lebih tinggi dibandingkan dengan nilai intrinsik berdasarkan metode Dividend Discount
Model maupun metode Rasio Price to Book Value.

Abstract
This study aims to analyze the company's value in the process of acquisition (Bank Muamalat
Indonesia Tbk) using the method of Dividend Discount Model and Price to Book Value Ratio. In
the calculation using the method Price to Book Value Ratio, an examination of the variables
which allegedly is a variable predictor of Price to Book Value Ratio. Value of the acquisition bid
(selling) of existing shareholders are reportedly amounting to 3.2 times the Book Value. For the
method of Dividend Discount Model is known that the bid price overvalued compared with the
calculated value method premises that generates the value of Rp 912,271,073,396,-, and for the
method of Price to Book Value Ratio is known that the bid price is also overvalued compared
with values obtained from calculations with the method that produces a value of Rp.
2,725,798,015,378, -. It can be concluded that the Bank's decision to withdraw from the bid
acquisition Muamalat Indonesia was the right decision for the Bank Mandiri as the bid price is
much higher than the intrinsic value based method of Dividend Discount Models and methods of
Price to Book Value Ratio.
;This study aims to analyze the company's value in the process of acquisition (Bank Muamalat
Indonesia Tbk) using the method of Dividend Discount Model and Price to Book Value Ratio. In
the calculation using the method Price to Book Value Ratio, an examination of the variables
which allegedly is a variable predictor of Price to Book Value Ratio. Value of the acquisition bid
(selling) of existing shareholders are reportedly amounting to 3.2 times the Book Value. For the
method of Dividend Discount Model is known that the bid price overvalued compared with the
calculated value method premises that generates the value of Rp 912,271,073,396,-, and for the
method of Price to Book Value Ratio is known that the bid price is also overvalued compared
with values obtained from calculations with the method that produces a value of Rp.
2,725,798,015,378, -. It can be concluded that the Bank's decision to withdraw from the bid
acquisition Muamalat Indonesia was the right decision for the Bank Mandiri as the bid price is
much higher than the intrinsic value based method of Dividend Discount Models and methods of
Price to Book Value Ratio., This study aims to analyze the company's value in the process of acquisition (Bank Muamalat
Indonesia Tbk) using the method of Dividend Discount Model and Price to Book Value Ratio. In
the calculation using the method Price to Book Value Ratio, an examination of the variables
which allegedly is a variable predictor of Price to Book Value Ratio. Value of the acquisition bid
(selling) of existing shareholders are reportedly amounting to 3.2 times the Book Value. For the
method of Dividend Discount Model is known that the bid price overvalued compared with the
calculated value method premises that generates the value of Rp 912,271,073,396,-, and for the
method of Price to Book Value Ratio is known that the bid price is also overvalued compared
with values obtained from calculations with the method that produces a value of Rp.
2,725,798,015,378, -. It can be concluded that the Bank's decision to withdraw from the bid
acquisition Muamalat Indonesia was the right decision for the Bank Mandiri as the bid price is
much higher than the intrinsic value based method of Dividend Discount Models and methods of
Price to Book Value Ratio.]
 File Digital: 1
 Metadata
No. Panggil : T29956
Nama orang :
Nama badan tambahan :
Subjek :
Penerbitan : [Place of publication not identified]: [Publisher not identified], 2011
Program Studi :
Sumber Pengatalogan : LibUI ind rda
Tipe Konten : text
Tipe Media : unmediated ; computer
Tipe Carrier : volume ; online resource
Deskripsi Fisik : xii, 67 pages : illustration ; 28 cm + appendix
Catatan Bibliografi : pages 66-67
Lembaga Pemilik : Universitas Indonesia
Lokasi : Perpustakaan UI, Lantai 3
  • Ketersediaan
  • Ulasan
  • Sampul
No. Panggil No. Barkod Ketersediaan
T29956 15-18-640661320 TERSEDIA
Ulasan:
Tidak ada ulasan pada koleksi ini: 20298627