AKURASI: Jurnal Riset Akuntansi dan Keuangan
Vol 1 No 1 (2019)

MODEL ALTMAN Z-SCORE TERHADAP KINERJA KEUANGAN DI BURSA EFEK INDONESIA MELALUI PENDEKATAN REGRESI LOGISTIK

Nurul Fitri (Universitas Islam Attahiriyah, Jakarta, Indonesia)
Rachma Zannati (STEI INDONESIA)

Article Info

Publish Date
24 Aug 2019

Abstract

The purpose of this study is to confirm the determinants of financial performance on the condition of financial distress companies through the Altman Model (Z-score) approach. The sample in this study is a manufacturing industry sub-sector company which is listed on the Indonesia Stock Exchange for the period 2013 to 2017. The analysis technique of this study uses logistic regression analysis, and the findings prove that the Current Ratio and Debt to Equity Ratio cannot predict the condition of Financial Distress. Whereas Return On Assets can predict Financial Distress in manufacturing companies. The implications of this finding can contribute to companies in maintaining financialperformance stability so as to avoid financial distress.

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Journal Info
AKURASI: Jurnal Riset Akuntansi dan Keuangan
Website

Abbrev

AKURASI

Publisher

Lembaga Pengembangan Manajemen dan Publkasi Imperium

Subject

Economics, Econometrics & Finance

Description

AKURASI: Jurnal Riset Akuntansi dan Keuangan edisi Perdana (Vol 1, No 1, Mei - Agustus 2019) diterbitkan oleh Lembaga Pengembangan Manajemen dan Publikasi Imperium. AKURASI menggunakan metode peer-review dan online first, dimana artikel yang sudah dinyatakan diterima oleh tim editorial akan langsung ...