AFEBI Economic and Finance Review
Vol. 8 No. 2 (2023): December

Springate, Ohlson, Altman Z-Score, Zmijewski, Grover, CA Score Model of Financial Distress Analysis in Retail Companies

Tiana Putri, Inggit (Unknown)
Hadiwibowo, Imam (Unknown)
Taufik Azis, Mohammad (Unknown)



Article Info

Publish Date
31 Dec 2023

Abstract

This study aims to analyze the predictions of the Springate, Ohlson, Altman Z-Score, Zmijewski, Grover, and CA-Score models for retail sector companies listed on the IDX for the 2019-2022 period for financial distress. In this study, a sample of 20 companies in the retail sector was used for the 2019-2022 period using 80 financial reports. The research sample was determined by purposive sampling technique. The data used in this research is secondary data. The data analysis method used is quantitative data analysis. The conclusion of this study is that the most accurate and suitable model for predicting financial distress in retail companies listed on the IDX in the 2019-2022 period is the Grover model. Keywords: Springate, Ohlson, Altman Z-Score, Zmijewski, Grover, CA-Score

Copyrights © 2023






Journal Info

Abbrev

aefr

Publisher

Subject

Economics, Econometrics & Finance

Description

AFEBI Economic and Finance Review (AEFR) is an academic journal which is published twice a year (June and December) by The Association of The Faculty of Economics and Business Indonesia. AEFR is aimed as an outlet for theoretical and empirical research in the field of economics and to disseminate ...