Dinamika Ekonomi - Jurnal Ekonomi dan Bisnis
Vol 14 No 1 (2021): DINAMIKA EKONOMI Jurnal Ekonomi dan Bisnis Vol 14. No.1 Maret 2021

ANALISIS MODEL GROVER, SPRINGATE DAN ZMIJEWSKI SEBAGAI PREDICTOR FINANCIAL DISTRESS PADA PERUSAHAAN RETAIL YANG TERDAFTAR DI BEI TAHUN 2016-2019

- Marli (STIE Malangkucecwara Malang)
- Widanarni (STIE MALANGKUCECWARA MALANG)



Article Info

Publish Date
18 May 2021

Abstract

Abstract, This research aims to compare the use of financial distress prediction models and the accuracy of their predictions. The models used to predict financial distress are the Grover, Springate and Zmijewski models. Accuracy of using the model is done by comparing the predictions of each model with the net profit of each company. The data in this research are in the form of annual financial reports published by the company on the Indonesian Stock Exchange website. The sample used is retail companies listed on the IDX during 2016-2019. Sampling was done by purposive sampling technique with a total sample of 5 companies, namely companies coded MPPA, HERO, RALS, ACES and AMRT shares. The results show that the Springate and Zmijewski models are predictive models with a high degree of accuracy, namely 95% each and an error rate of 5% each. Meanwhile, the Grover model has 90% accuracy in detecting retail financial distress with an error rate of 10%.

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Journal Info

Abbrev

jdeb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences Other

Description

Jurnal dinamika Ekonomi adalah jurnal ilmiah yang diterbitkan oleh Sekolah Tinggi Ilmu Ekonomi Nasional Banjarmasin. Terbit pertama kali tahun 2004. Dari tahun ke tahun jurnal ini tumbuh dan terus hadir hingga saat ini. Jurnal Dinamika Ekonomi mempunyai tujuan mengembangkan kajian ilmiah di bidang ...