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FINANCIAL DISTRESS ANALYSIS WITH ALTMAN Z-SCORE METHOD: FINANCIAL DISTRESS ANALYSIS WITH ALTMAN Z-SCORE METHOD Deti Susilawati; Sembiring, Evi Dora; Pertiwi, Sari Putri; Nurul Afifah, Panisya; Shavab, Firli
Management Science Research Journal Vol. 3 No. 3 (2024): August 2024
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v3i3.110

Abstract

This research aims to determine bankruptcy predictions and determine the average value of financial ratios used as Altman Z-Score analysis for metal and mineral industrial companies listed on the Indonesia Stock Exchange (BEI) for the 2020-2021 period. The population in this study is Metal and Mineral Industrial Companies listed on the Indonesia Stock Exchange during the 2020-2021 period with a total of 7 companies using annual financial report data taken by purposive sampling, resulting in a sample of 14 data that meets the criteria. The sampling criteria selected were 1) Metal and mineral industrial companies listed on the Indonesia Stock Exchange (BEI) which have gone public and are listed on the BEI during the 2020-2021 period. 2) Companies report financial statements in rupiah units. 3) The financial report contains information related to all variables studied in 2020-2021. The analysis method used is the Altman Z-Score method analysis where there are 2 (two) research periods, namely 2020-2021. The results of this research show that: in 2020, there were 5 (companies) in the safe zone category, one company in the gray zone category, and one company in the distress zone category. The company in the safe zone category is PT. Aneka Tambang Tbk, PT. Citra Mineral Investindo Tbk, PT. PAM Mineral Tbk, PT. Kapuas Prima Coal Tbk, and PT. Central Omega Resources Tbk. Companies in the gray zone category are PT. Iifshdeco Tbk. The company in the distress zone category is PT. Timah Tbk. In 2021, the seven companies, namely PT. Aneka Tambang Tbk, PT. Citra Mineral Investindo Tbk, PT. Timah Tbk, PT. PAM Mineral Tbk, PT. Kapuas Prima Coal Tbk, PT. Central Omega Resources Tbk, and PT. Iifshdeco Tbk is in the safe zone category.
WORK PRODUCTIVITY : THE ROLE OF KAIZEN CULTURE AND LEADERSHIP STYLE WITH JOB SATISFACTION AS AN INTERVENING VARIABEL IN PT. NIKOMAS GEMILANG: THE ROLE OF KAIZEN CULTURE AND LEADERSHIP STYLE WITH JOB SATISFACTION Fuadi; Susilawati, Deti; Shavab, Firli
Management Science Research Journal Vol. 4 No. 1 (2025): February 2025
Publisher : PT Larva Wijaya Penerbit

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56548/msr.v4i1.148

Abstract

Data from the Ministry of Manpower (Kemnaker), labor productivity figures in Indonesia from 2018 to 2022 are 82.56; 85.04; 83.48; 84.85; and 86.55 (million rupiah/labor). The higher the level of productivity of a country, the greater the profits obtained, and vice versa. The aim of this research is to determine and analyze the influence of kaizen culture, leadership style, on work productivity with job satisfaction as an intervening variable. The population in the research was all employees of the production department of PT Nikomas Gemilang, totaling 2,000 people, sampling using the Slovin formula, the sample consisted of 95 respondents. The analysis technique used is multiple linear regression and path analysis with a significance level of 5%, so the results of this research show that: 1)Kaizen culture has no effect on work productivity. 2)Leadership style has no effect on work productivity. 3)Job satisfaction influences work productivity. 4)Kaizen culture influences job satisfaction. 5)Leadership style has no effect on job satisfaction. 6)Job satisfaction can mediate the influence of work culture on productivity at PT. Nikomas Gemilang in Serang City). 7)Job satisfaction cannot mediate the influence of leadership style on work productivity at PT. Nikomas Gemilang in Serang City.