Synergy Calculation of PT Perusahaan Gas Negara’s Acquisition Plan toward PT Pertamina Gas: SCBTII Proceeding Book The 7th Smart Collaboration for Business in Tehcnology and Information Industries, August 15th-16th 2016
Novi Kusumaningrum, Subiakto Soekarno

Informasi Umum

Kode

17.24.078

Klasifikasi

657.072 - Accounting research

Jenis

E-Article

Subjek

Accounting

No. Rak

Dilihat

163 kali

Informasi Lainnya

Abstraksi

Recently, the Ministry of State Owned Enterprises (SOE) is assigned to form six holding companies. The holding companies are expected to increase the efficiency and funding ability of SOE. Prior to the holding companies forming, it is beneficial that the company with same business line should be merged first, to ensure that there will be no overlap of the operational activity. The government planned to merge PT Perusahaan Gas Negara Tbk and PT Pertamina Gas to increase efficiency of national natural gas management. Due to many negative opinions and a lot of disapproval from the stakeholders, the acquisition process is still suspended. According to those facts, the purpose of this research is to propose a recommendation toward the acquisition decision that will be beneficial as the analysis before establishing holding company in energy sector. The author use macro and micro environmental analysis, discounted cash flow valuation, and synergy calculation to determine whether the acquisition is beneficial or not. The financial data in this research are collected from the companies’ annual report from the last 5 years. The result of this research is that there is value of synergy after the acquisition, in the amount of $3,362,411,250. The value of synergy is built on the assumption that there will be operating synergy and financial synergy. The result of this research is the acquisition plan of PT Perusahaan Gas Negara toward PT Pertamina Gas is recommended to be conducted based from the synergy generated.

Keyword: State Owned Enterprises; Acquisition; Merger; Discounted Cash Flow; Valuation; PT Perusahaan Gas Negara; PT Pertamina Gas; Synergy

• ACH2B3 - AKUNTANSI MANAJEMEN
• DMH1G3 - AKUNTANSI
• IEH3O3 - AKUNTANSI BIAYA
• DAH1E3 - AKUNTANSI BIAYA
• ACH1C4 - AKUNTANSI BIAYA
• DHH2I2 - AKUNTANSI HOTEL
• ACH1B4 - AKUNTANSI KEUANGAN I
• ACH2A3 - AKUNTANSI KEUANGAN II
• ACH2D4 - AKUNTANSI KEUANGAN LANJUTAN I
• ACH3A4 - AKUNTANSI KEUANGAN LANJUTAN II
• DAH2E3 - AKUNTANSI KEUANGAN MENENGAH
• DAH2H3 - AKUNTANSI MANAJEMEN
• BM63O4 - AKUNTANSI MANAJEMEN
• DAH2I3 - AKUNTANSI ORGANISASI NON PROFIT
• ACH3B3 - AKUNTANSI SEKTOR PUBLIK
• MMDA33 - FINON AKUNTANSI
• MMDB23 - FINON AKUNTANSI DAN AKUNTANSI DIGITAL
• EBH0E4 - PENGANTAR AKUNTANSI
• BAH1F4 - PRINSIP - PRINSIP AKUNTANSI
• DAH1A4 - PRINSIP AKUNTANSI I
• DAH1D4 - PRINSIP AKUNTANSI II
• ISH3F3 - SISTEM AKUNTANSI DAN MANAJEMEN KEUANGAN
• ACH2F4 - SISTEM INFORMASI AKUNTANSI
• DAH3D4 - SISTEM INFORMASI AKUNTANSI PERUSAHAAN
• ACH3J3 - TEORI AKUNTANSI
• EBI1G4 - PENGANTAR AKUNTANSI
• VPI1D3 - AKUNTANSI
• EAI2S3 - AKUNTANSI MANAJEMEN
• EAI4243 - TEORI AKUNTANSI
• VAI1C4 - PRINSIP AKUNTANSI I
• VAI1H4 - PRINSIP AKUNTANSI II
• VAI2E4 - AKUNTANSI KEUANGAN MENENGAH
• VAI2F3 - AKUNTANSI BIAYA
• VAI2K3 - AKUNTANSI MANAJEMEN
• VAI3B4 - SISTEM INFORMASI AKUNTANSI PERUSAHAAN
• IEI3G3 - AKUNTANSI BIAYA
• ISI2L3 - SISTEM AKUNTANSI DAN MANAJEMEN KEUANGAN
• KBI1F3 - AKUNTANSI KEUANGAN DASAR
• DEK2AAB3 - KEUANGAN
• DDK1HAB3 - Akuntansi Biaya
• DDK1AAB3 - Pengantar Akuntansi
• DDK2AAB3 - Manajemen Keuangan
• DBK1FAB3 - AKUNTANSI BIAYA
• DBK2HAB3 - AKUNTANSI KEUANGAN LANJUTAN
• DBK2FAB3 - AKUNTANSI MANAJEMEN
• DBK1AAB4 - PENGANTAR AKUNTANSI
• DBK2KAB3 - TEORI AKUNTANSI
• BBK3FAB3 - Sistem Informasi Akuntansi

Koleksi & Sirkulasi

Tersedia 1 dari total 1 Koleksi

Pengarang

Nama	Novi Kusumaningrum, Subiakto Soekarno
Jenis	Perorangan
Penyunting
Penerjemah

Penerbit

Nama	Fakultas Ekonomi Bisnis - Telkom University
Kota	Bandung
Tahun	2016

Sirkulasi

Harga sewa	IDR 0,00
Denda harian	IDR 0,00
Jenis	Non-Sirkulasi

Download / Flippingbook