Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan
Vol. 5 No. 6 (2023): Fair Value: Jurnal Ilmiah Akuntansi dan Keuangan

Analisis financial distress dampak pandemi covid-19 berdasarkan model grover, springate dan zmijewski pada perusahaan tekstil dan garmen

Armenda , Dea (Unknown)
Hertina , Dede (Unknown)



Article Info

Publish Date
25 Jan 2023

Abstract

This research has a purpose to compare the calculation in predicting potential bankruptcy using the Grover, Springate and Zmijewski models and the level of accuracy of the three models. This research is included in quantitative research. The population used in this research were 21 sub-sector companies of the textile and garment industry. The sample used in this research were 18 companies chosen with purposive sampling technique and several criteria that must be met. This research use the Kruskal-Wallis Test and produces theres not any differecers in the result of bankruptcy prediction between the Grover, Springate, and Zmijewski models in Textile and Garment Industry Sub-Sector Companies. The results showed that using the Springate model there were 15 companies predicted to has bankcuptcy potential, 5 companies using the Grover model, and 11 companies using the Zmijewski model. Based on the result, the highest level of accuracy of the third model used is in the Grover model with a percentage of 72.22% and the lowest is in the Springate model with a percentage of 16.67%.

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Journal Info

Abbrev

fairvalue

Publisher

Subject

Economics, Econometrics & Finance

Description

The Aim of this Fair Value : jurnal Ilmiah Akuntansi dan Keuangan is the media for scientific studies resulting from research, thoughts and critical-analysis studies on accounting, financial, Cooperative and SMEs issues in Indonesia and southeast asia especially and also in the world. The intended ...