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Financial Ratio-Based Corporate Bankruptcy Prediction to Reduce Investment Loss Risk Nurbaiti; Iwan Hermawan; Alvianita Gunawan Putri
Inclusive Society and Sustainability Studies Vol. 5 No. 2 (2025): December Volume
Publisher : Research Synergy Foundation

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31098/issues.v5i2.3081

Abstract

The increasing risk of bankruptcy that occurs in the textile industry today is a result of macroeconomic pressures, such as decreased demand and inflation, which has resulted in 7 textile companies closing and 8 companies making efficiency. The intent of this study is to investigate the effect of financial ratios such as profitability ratios, operational ratios, and liquidity ratios on the level of financial distress as measured by the Grover model (G-Score), as well as to develop a financial ratio-based risk prediction model. The study methodology employs a positivist perspective, a quantitative approach, secondary data, and a purposive sampling procedure. The data were analyzed using the IBM SPSS 26 tool, which included descriptive statistical tests, classical assumptions, multiple regression, and hypothesis testing. The profitability ratio, operational ratio, and liquidity ratio were found to have a 79.5% influence on the extent of financial distress. Each ratio has a substantial impact on the level of financial difficulty. This study adds theoretically to signaling theory regarding the financial ratios as indications of bankruptcy risk. Practically, this model can be an early detection tool for bankruptcy risk, assist in the preparation of risk mitigation strategies, and increase investment attractiveness in the Indonesian textile industry. Keywords financial distress, liquidity ratio, operational ratio, profitability ratio, signal theory
Analysis of The Influence of ISO 9001: 2015 Quality Management System Implementation on Employee Performance of PT Fumira Semarang Anwar, Syaiful; Handoyono, Rudi; Putri, Alvianita Gunawan
Applied Accounting and Management Review (AAMAR) Vol. 4 No. 2 (2025): APPLIED ACCOUNTING AND MANAGEMENT REVIEW (AAMAR)
Publisher : Politeknik Negeri Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.32497/aamar.v4i2.7139

Abstract

This research aims to determine and analyze the effect of implementing the ISO 9001:2015 quality management system on employee performance at the company PT Fumira Semarang. The approach used is a quantitative approach. The population of this research is all employees at PT Fumira Semarang with a sample size of 25 respondents. The data collection technique used is through a questionnaire. The data analysis technique used is multiple linear regression analysis. The research results show that leadership and the process approach partially influence employee performance. Other results show that customer focus, engagement of people, improvement, evidence-based decision making, and relationship management have no effect on employee performance. Simultaneously, the independent variables influence employee performance.