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In this study with sampling period during 2010-2015. So the observations made is to use time series data and cross section. Types and Data Sources The data used in this research is quantitative data, ie data that can be measured by numbers. The type of data used is secondary data that has been processed from the previous party from the primary data collectors and in the form of research journals required and financial statements of manufacturing companies 2010-2015 period published from the Indonesia Stock Exchange. Data analysis technique The First Altman Z-Score Analysis (1968) According to Altman (1968) in The Journal of Finance, Z-Score Altman model is a model by predicting or classifying companies to determine the level of health based on the value of Z obtained.
Such competitiveness among organisations level namely rivalry among competitors, bargaining power of suppliers, threat of substitute products, threat of potential entrants, bargaining power of buyers,. These factors they argue will play a role in EMNCs internationalisation process. In a high competitive environment, the organisation will constantly search for innovative and competitive advantage which may force the multinationals to internationalisation abroad. The type of internationalisation activities by multinationals may be sector
3. Market integration management of post-acquisition 3.1. Macro environment for the market integration After acquisition, market integration for companies has become significant for their final success. In order to achieve acquisition’s motive, acquiring firms have to consider the element of international marketing environment. Doole and Lowe (2008) indicate that the aspects of social/cultural, legal, economic, political and technological should be considered when the firms enter into international marketing.