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Rio Baviga

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Open access Sep 2026

MARKET REACTION TO MERGER AND ACQUISITION ANNOUNCEMENTS: EVIDENCE FROM TARGET COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE

Research Objectives This study aims to examine the market reaction to merger and acquisition (M&A) announcements by analyzing differences in abnormal returns before and after the announcement among target companies listed on the Indonesia Stock Exchange (IDX) during the 2019–2024 period. The study also aims to determin...

Achmad Darbi Maulana, Rio Baviga, Gampo Haryono · 0 citations

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