Islamic Business and Management Journal (IBMJ)
Vol. 7 No. 1 (2024): IBMJ | June

Bankruptcy Analysis of Transportation Companies Listed on the Indonesian Sharia Stock Index (ISSI) Using the Springate and Grover Method Before and During the Pandemic Covid-19

Kurniawan, Indra (Unknown)



Article Info

Publish Date
27 Jun 2024

Abstract

This research aims to compare the Springate and Grover bankruptcy models, evaluating their accuracy in predicting bankruptcies among transportation sector companies listed on the Indonesian Sharia Stock Index (ISSI) before and during Covid-19 (2018-2021). Conducted as quantitative research, the study utilizes secondary financial report data. Findings reveal significant differences between the two models, with the Grover method demonstrating higher accuracy in predicting bankruptcy among transportation sector companies on ISSI before and during the pandemic. Keywords: Bankruptcy, Springate, Grover, Financial Reports.

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Journal Info

Abbrev

IBMJ

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Islamic Business and Management Journal (IBMJ) (P-ISSN: 2622-6316 | E-ISSN: 2622-6324) is a semiannual journal published by University of Darussalam Gontor. IBMJ have collaborated with Forum Pengelola Jurnal Manajemen. In line with the objective of the University, the journal is committed to ...