Academic Journal

Predicting Financial Distress using Altman Z-Score, Springate S-Score and Zmijewski X-Score on Tobacco Companies in The Indonesia Stock Exchange

التفاصيل البيبلوغرافية
العنوان: Predicting Financial Distress using Altman Z-Score, Springate S-Score and Zmijewski X-Score on Tobacco Companies in The Indonesia Stock Exchange
المؤلفون: Ulfah, Hasna Kurnia, Moin, Abdul
المصدر: Selekta Manajemen: Jurnal Mahasiswa Bisnis & Manajemen; Vol. 1 No. 2 (2022): Volume 1, No. 2, 2022; 159-169 ; 2829-7547 ; 0000-0000
بيانات النشر: Universitas Islam Indonesia
سنة النشر: 2022
المجموعة: Portal Journal Universitas Islam Indonesia
مصطلحات موضوعية: Altman Z-Score, Springate S-Score, Zmijewski X-Score, tobacco companies, bankruptcy prediction
الوصف: This study examines the use of three models of financial distress prediction namely Altman Z-Score, Springate S-Score and Zmijewski X-Score on the Tobacco Companies Listed in the Indonesia Stock Exchange. Further, the study tests the the accuracy of the three models to predict the bankruptcy of those companies. The sample consists of 5 firms with 25 observations for each model. To obtain the level of accuracy, the study categories the firms into distress or non-stress firms by comparing between return on equity (ROE) and Bank Indonesia (BI) rate. This study finds that the Springate S-Score model is the most accurate models to predict the bankruptcy of the Tobacco companies listed in the Indonesia Stock Exchange (IDX) by 80%.
نوع الوثيقة: article in journal/newspaper
وصف الملف: application/pdf
اللغة: English
Relation: http://journal.uii.ac.id/selma/article/view/24288/13901; http://journal.uii.ac.id/selma/article/view/24288
الاتاحة: http://journal.uii.ac.id/selma/article/view/24288
Rights: Copyright (c) 2022 Hasna Kurnia Ulfah, Abdul Moin ; https://creativecommons.org/licenses/by-sa/4.0
رقم الانضمام: edsbas.D17F6186
قاعدة البيانات: BASE