"Government Bond: Its Effectiveness as a Financial Source In the Wake of Deterioration", A Case Study of Bank Mandiri Post-Merger

Prakarsa, Octavius Oky (2007) "Government Bond: Its Effectiveness as a Financial Source In the Wake of Deterioration", A Case Study of Bank Mandiri Post-Merger. [Dissertation (University of Nottingham only)] (Unpublished)

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The study conducts an evaluation case study of Bank Mandiri, an Indonesian state-owned bank, which merged from four previously leading state-owned banks that suffered in deterioration following the 1997 Asian Crisis.

The government took a recapitalisation programme to the bank, and injected Government Bond as new working capital.

The focus of this study is to investigate the role of government bond in developing the bank's performance, as since the merger solely reckoned as the only financial source of the bank.

Review from series of merger activities that conducted from the industry-specific level force is critically outlined in the literature; together with some overview towards government bond and IPO - as the bank's decision to go public by 2003.

For the research methodology, this study uses both quantitative and qualitative analysis.

Using Pearson's Product Moment and Kendall's Tau method, the quantitative analysis tries to examine the correlation between Assets, in which in the financial structure strengthened by Government Bond, and financial indicators of the bank - CAR, Profitability, Liquidity, and LDR.

Data collection from bank's accounting report, interview with the top management people of the bank, and literatures are used to support the discussion of quantitative analysis's result. In addition, within the discussion will also be examined the function of IPO bank Mandiri after the conduction in 2003.

It would also be investigated whether gains generated from IPO has been able to substitute the function of Government Bond in the bank.

Item Type: Dissertation (University of Nottingham only)
Keywords: Government Bond, Asian Crisis, Bank Mergers
Depositing User: EP, Services
Date Deposited: 10 Mar 2008
Last Modified: 16 Feb 2018 17:40
URI: https://eprints.nottingham.ac.uk/id/eprint/21469

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