UJI PENERAPAN MODEL PREDIKSI FINANCIAL DISTRESS ALTMAN, SPRINGATE, OHLSON DAN ZMIJEWSKI PADA PERUSAHAAN SEKTOR KEUANGAN DI BURSA EFEK INDONESIA

Abstract: The  purpose  of  this  research  is  to  know  the  model prediction of financial distress which are the most appropriate to apply the  financial  sector  company  that  listing  in  Indonesian  stock exchange. The model is used to compare in this research is Altman, Springate, Ohlson and Zmijewski model. This research is carried out by  analyzing  the  accuration  level  of  the  model  based  on  the  truth  of each  model  for  predicting  financial  distress  of  companies.  This research  use  a  sample  of  financial  sector  companies  that  listed  in Indonesia stock exchange for 2005-2013. The technique of sampling is  the  purposive  sampling  with  a  total  gained  as  much  as  74 companies.  Based  on  this  research  can  get  a  conclusion  that  the most  suitable  model  that  apply  to  predictate  financial  distress  of financial sector companies that listed in Indonesia stock exchange is Springate Model.
Keywords: financial  distress,  model  a  prediction,  and  financial hardship
Penulis: APRILIA SAFITRI, ULIL HARTONO
Kode Jurnal: jpmanajemendd140954

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