Gamayuni, Rindu Rika (2011) Analisis Ketepatan Model Altman sebagai Alat untuk Memprediksi Kebangkrutan (Studi Empiris pada Perusahaan Manufaktur di BEI). Jurnal Akuntansi dan Keuangan, 16 (2). pp. 158-176. ISSN 1410-1831
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Abstract
The aim of this research is to test whether the Altman model (z-score) could be used to predict bankruptcy in the manufacturing companies in Indonesia, especially for 2-4 years before the firm bankruptcy. The samples used are manufacturing firms listed in Indonesian Stock Exchange, which delisted in the years 2000-2008. The financial statement data were collected in the last 2-4 years before the firm bankruptcy period (1996-2007). The sample selection was done by purposive judgment sampling method. The sample used was 13 companies from all manufacturing companies listed in the Indonesian Stock Exchange (IDX). We used the Altman Model (z-score) and one-sample-t test to test the hypothesis. The result showed that, first, z-score Altman Model can predict firm bankruptcy for 2-4 years before the firm bankruptcy; meant that H1, H2, and H3 are proven. Second, the one-sample-t test showed that the zscore was significant in 2-4 years before the firm bankruptcy.
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > H Social Sciences (General) |
| Divisions: | Fakultas Ekonomi dan Bisnis (FEB) > Prodi Akuntansi |
| Depositing User: | rindu rika |
| Date Deposited: | 27 Feb 2017 01:22 |
| Last Modified: | 27 Feb 2017 01:22 |
| URI: | http://repository.lppm.unila.ac.id/id/eprint/1442 |
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