LISAN AL-HAL: Jurnal Pengembangan Pemikiran dan Kebudayaan
Vol. 18 No. 1 (2024): JUNI

PREDIKSI FINANSIAL DISTRESS DENGAN METODE ALTMAN Z-SCORE, ZMIJEWSKI, DAN GROVER PADA PERUSAHAAN SAWIT TERINDEKS SAHAM SYARIAH PERIODE 2020-2022

Hadi, Abd (Unknown)
Dahruji, Dahruji (Unknown)
Joni, Joni (Unknown)



Article Info

Publish Date
25 Jun 2024

Abstract

The primary aim of this research is to analyze the financial challenges encountered by sharia-compliant palm oil companies, along with assessing the variances in financial distress prognostications among the Altman Z-Score, Zmijewski, and Grover methodologies. Employing secondary data, this study adopts a descriptive quantitative approach. Data collection spans three years (2020–2022) utilizing a documentation strategy. Through purposive sampling, six companies are selected for analysis. Financial trouble predictions are conducted utilizing Altman Z-Score, Zmijewski, Grover, and One Way Anova methods prior to hypothesis testing. The study reveals disparate outcomes among the Grover, Zmijewski, and Altman Z-Score methodologies. Notably, the Zmijewski approach exhibits the highest accuracy rate of 83% among the predictive models for financial distress.

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Journal Info

Abbrev

lisanalhal

Publisher

Subject

Religion Education Social Sciences

Description

LISAN AL-HAL: merupakan Jurnal Pengembangan Pemikiran dan Kebudayaan yang diterbitkan oleh Lembaga Penelitian dan Pengabdian pada Masyarakat Universitas Ibrahimy Situbondo. Jurnal LISAN Al-HAL diterbitkan 2 kali dalam setahun pada bulan Juni dan ...