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Journal : Al-Buhuts (e-journal)

Perusahaan Sektor Telekomunikasi Bangkrut? Analisis dan Evaluasi Model Ariawan Ariawan; Eka Zahra Solikahan
Al-Buhuts Vol. 17 No. 1 (2021): Al-Buhuts
Publisher : Institute Agama Islam Negeri (IAIN) Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (325.456 KB) | DOI: 10.30603/ab.v17i1.1836

Abstract

This study aims to reveal whether the telecommunication sector company is bankrupt by using the Altman Z-Score, Zmijewski and Springate models and to measure which model provides a good level of accuracy in predicting bankruptcy. Using quantitative methods with a quantitative descriptive approach. The research data was taken from the financial statements of 5 companies in the telecommunications sector for the period 2013-2017. The results showed that the telecommunications sector companies have the potential to go bankrupt based on the measurement results of the Altman Z-Score, Zmijewski and Springate models. The best model used in predicting bankruptcy is the Zmijewski compared to the Altman Z-Score and Springate.
Prediksi Financial Distress Dengan Menggunakan Bankruptcy Prediction Model Eka Zahra Solikahan; Nurhayati Olii
Al-Buhuts Vol. 18 No. 2 (2022): Al-Buhuts
Publisher : Institute Agama Islam Negeri (IAIN) Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30603/ab.v18i2.2640

Abstract

This study aims to determine financial distress by using the Bankruptcy Prediction Model Altman Z-Score and to validate the Altman Z-Score variable in the telecommunications sub-sector listed on the Indonesia Stock Exchange. A quantitative approach with bankruptcy prediction model Altman Z-score and correlation analysis using Eviews is used in this study. The results show that during the 2015-2019 observation period, the telecommunications sub-sector companies as a whole experienced financial distress, but in 2017 the category was healthy. In addition, the results of the research based on the telecommunication sub-sector companies obtained were Telekomunikasi Indonesia Tbk (TLKM) in healthy condition, Bakrie Telecom Tbk (BTEL) and Smartfren Telecom Tbk (FREN) in financial distress, XL Axiata Tbk (EXCL) and Indosat Tbk (ISAT), gray area condition. The results of the correlation ratio of the Altman Z-Score variable obtained the strongest correlation, namely the ratio variable X2, X3 and X5, the ratio variable X1, the category is quite strong and the one that gives the smallest contribution is X4 with the low category. The results of this study are expected to contribute to knowledge about the potential for financial distress with the bankruptcy prediction model in order to minimize the risk of bankruptcy,
Dinamika Evolusi Penelitian Green Finance: Analisis Bibliometrik pada Artikel Ilmiah Bereputasi Internasional Olii, Nurhayati; Mustafa, Muh. Sabir; Solikahan, Eka Zahra
Al-Buhuts Vol. 21 No. 1 (2025): Al-Buhuts
Publisher : Institute Agama Islam Negeri (IAIN) Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30603/ab.v21i1.6326

Abstract

This study aims to map green finance research trends through a bibliometric analysis of internationally reputable scientific articles indexed in Scopus over the past decade. The methodology employed involves bibliometric analysis based on secondary data obtained from the Scopus database, encompassing the processes of collecting publication data, normalizing keywords, mapping collaborative networks, and identifying topic trends using bibliometric analysis software. The results indicate a significant increase in research related to green finance, with China being the most prominent country in academic publications. Major educational institutions and reputable journals such as Sustainability (Switzerland) play an essential role in supporting the development of literature in this field. Key topic trends in green finance research include sustainability, carbon emission reduction, financial innovation, green investment, and green finance policy. Challenges in the implementation of green finance include suboptimal regulations and limited access to green investment. Therefore, global collaboration, strengthening regulations, and the adoption of digital financial technology are needed to increase the effectiveness of green finance in supporting the green economy.
Profitabilitas Sub Sektor Transportasi Yang Terdaftar Di Bursa Efek Indonesia (BEI) Solikahan, Eka Zahra; Ariawan , Ariawan; Olii, Nurhayati
Al-Buhuts Vol. 19 No. 2 (2023): Al- Buhuts
Publisher : Institute Agama Islam Negeri (IAIN) Sultan Amai Gorontalo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.30603/ab.v19i2.4233

Abstract

Profitability is one of the indicators that show the financial performance of a company. The higher the profitability of the company reflects the better the company is in generating profits. However, in practice there are many factors that must be considered to increase profitability. Therefore, the purpose of this study is to analyse the factors that affect profitability such as leverage, working capital, liquidity and company growth. The population in this study are transportation sub-sector companies listed on the Indonesia Stock Exchange. The sampling technique is Purposive Sampling with a total sample of 30 companies during the 2017-2021 period. The data analysis technique uses panel data regression analysis using Eviews software. The results of this study indicate that leverage and working capital have an effect and are not significant to profitability. Liquidity and company growth have no effect on profitability on profitability