Pre and post-merger and acquisition performance of companies in the Malaysian energy sector

The Malaysian energy sector companies are experiencing a high competition market of a fast-changing global market that requires them to do a synergy. This study aims to analyze Merger and Acquisition (M&A) performance of Malaysian energy sector companies. The study is important because M&A r...

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Main Author: Harefa, Feliks Aryono
Format: Thesis
Language:English
Published: 2021
Subjects:
Online Access:http://eprints.utm.my/id/eprint/101605/1/FeliksAryonoHarefaMSKA2021.pdf
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id my-utm-ep.101605
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spelling my-utm-ep.1016052023-06-26T07:00:17Z Pre and post-merger and acquisition performance of companies in the Malaysian energy sector 2021 Harefa, Feliks Aryono TA Engineering (General). Civil engineering (General) The Malaysian energy sector companies are experiencing a high competition market of a fast-changing global market that requires them to do a synergy. This study aims to analyze Merger and Acquisition (M&A) performance of Malaysian energy sector companies. The study is important because M&A represents a critical shift in every business strategy. The consolidation needs to be well prepared and conducted systematically to achieve a good result. Company annual financial reports data were gathered for the periods of pre- and post-M&A. The ratio analysis has been conducted using financial ratios related to liquidity, profitability, leverage, and efficiency to evaluate company performance. The finding shows insignificant improvement in liquidity, profitability, leverage, and efficiency after the M&A period. This research implication confirms the findings of previous studies that companies have not had a stronger financial performance after M&A and that M&A was unsuccessful in creating synergy with the effective use of resources on a longterm basis. 2021 Thesis http://eprints.utm.my/id/eprint/101605/ http://eprints.utm.my/id/eprint/101605/1/FeliksAryonoHarefaMSKA2021.pdf application/pdf en public http://dms.library.utm.my:8080/vital/access/manager/Repository/vital:145714 masters Universiti Teknologi Malaysia, Faculty of Engineering - School of Civil Engineering Faculty of Engineering - School of Civil Engineering
institution Universiti Teknologi Malaysia
collection UTM Institutional Repository
language English
topic TA Engineering (General)
Civil engineering (General)
spellingShingle TA Engineering (General)
Civil engineering (General)
Harefa, Feliks Aryono
Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
description The Malaysian energy sector companies are experiencing a high competition market of a fast-changing global market that requires them to do a synergy. This study aims to analyze Merger and Acquisition (M&A) performance of Malaysian energy sector companies. The study is important because M&A represents a critical shift in every business strategy. The consolidation needs to be well prepared and conducted systematically to achieve a good result. Company annual financial reports data were gathered for the periods of pre- and post-M&A. The ratio analysis has been conducted using financial ratios related to liquidity, profitability, leverage, and efficiency to evaluate company performance. The finding shows insignificant improvement in liquidity, profitability, leverage, and efficiency after the M&A period. This research implication confirms the findings of previous studies that companies have not had a stronger financial performance after M&A and that M&A was unsuccessful in creating synergy with the effective use of resources on a longterm basis.
format Thesis
qualification_level Master's degree
author Harefa, Feliks Aryono
author_facet Harefa, Feliks Aryono
author_sort Harefa, Feliks Aryono
title Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
title_short Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
title_full Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
title_fullStr Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
title_full_unstemmed Pre and post-merger and acquisition performance of companies in the Malaysian energy sector
title_sort pre and post-merger and acquisition performance of companies in the malaysian energy sector
granting_institution Universiti Teknologi Malaysia, Faculty of Engineering - School of Civil Engineering
granting_department Faculty of Engineering - School of Civil Engineering
publishDate 2021
url http://eprints.utm.my/id/eprint/101605/1/FeliksAryonoHarefaMSKA2021.pdf
_version_ 1776100736437846016