Jurnal Ekonomi, Manajemen, Akuntansi
Vol. 5 No. 3: Maret 2026

Perbedaan Model Altman Z-Score, Springate, dan Zmijewski dalam Memprediksi Kebangkrutan pada Sub Sektor Perdagangan Eceran yang Terdapat di Bursa Efek Indonesia

Fitria, Primasari (Unknown)
Azis, Ajeng Putri Pratiwi (Unknown)
Safitria, Ervita (Unknown)
Kalsum, Ummi (Unknown)



Article Info

Publish Date
08 Mar 2026

Abstract

This research aims to determine whether there the different between Altman Z-Score, Springate, and Zmijewski in predicting the bankruptcy of registered retail sub-sector in Indonesia Stock Exchange with the sample of 8 companies selected at purposive sampling. This research includes the type of comparative research. The data used in this research is secondary data. Data collection method is a method of document analysis. The analytical technique used is the formula of Altman Z-score model, Springate model, and Zmijewski model and use Ms. Excelto processed the data. The hypotesis is done with One Way Anova via SPSS aplication. This result of this study show that based on calculations for five years, the bankruptcy prediction model of Altman Z-Score, Springate, and Zmijewski is PT. Matahari Putra Prima Tbk which has the potential to go bankrupt. The result of hypotesis show that there is a defference between Altman Z-score model, Springate model and Zmijewski model in predicting bankruptcy.

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Journal Info

Abbrev

EKOMA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi merupakan jurnal yang diterbitkan oleh CV ULIL ALBAB CORP. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi menerbitkan artikel hasil penelitian dan kajian literatur dari bidang ekonomi, manajemen, akuntansi baik dari perspektif konvensional dan/atau Islam ...