E-JURNAL AKUNTANSI
Vol 34 No 3 (2024)

Analisis Prediksi Kebangkrutan Menggunakan Model Altman, Springate, Grover, dan Zmijewski pada Perusahaan Sektor Consumer Cyclicals

Ni Luh Putu Santi Artini (Unknown)
Ida Bagus Putra Astika (Unknown)



Article Info

Publish Date
31 Mar 2024

Abstract

The bankruptcy prediction model is useful for knowing the condition of the company. The aim of this research is to obtain empirical evidence regarding consumer cyclical sector companies that are predicted to go bankrupt using the Altman, Springate, Grover, and Zmijewski models, as well as the differences between the four models. The sample determination method uses a purposive sampling method. The data used is secondary data in the form of financial reports for 2020-2021 obtained from the Indonesian Stock Exchange. The analysis technique uses the formula for each model, the Mann-Whitney test and the Kruskal-Wallis test. The research results show that there are companies in the consumer cyclicals sector that are predicted to go bankrupt using the Altman, Springate, Grover, and Zmijewski models, and there are differences between the four models. The results of this research provide information to company management to evaluate company performance, especially in consumer cyclical sector companies that are predicted to experience bankruptcy. Keywords: Bankruptcy; Altman; Springate; Grover; Zmijewski

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...