Prediction of Financial Distress in Companies on The Indonesian Stock Exchange

This research aims to determine the potential profit and cash flow by using the Altman Z-Score prediction model in predicting financial distress in manufacturing companies listed on the Indonesia Stock Exchange. Using the purposive sampling method, 98 manufacturing companies were obtained that were listed on the Indonesia Stock Exchange in the 2015-2019 period. The results of research on the sample show that profits and cash flow using the Altman Z-Score prediction model can predict financial distress in manufacturing companies listed on the Indonesia Stock Exchange in the 2015-2019 period.

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Publication Details

Journal
JURNAL AKUNTANSI EKONOMI dan MANAJEMEN BISNIS
Published
2024-12-31
DOI
https://doi.org/10.30871/jaemb.v12i2.8990
Primary Topic
Financial Distress and Bankruptcy Prediction
Type
article
Field-Weighted Citation Impact
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article

Prediction of Financial Distress in Companies on The Indonesian Stock Exchange

Sinarti Sinarti, Ayu Nurfitriadi
JURNAL AKUNTANSI EKONOMI dan MANAJEMEN BISNIS
Financial Distress and Bankruptcy Prediction
article

Prediction of Financial Distress in Companies on The Indonesian Stock Exchange

Sinarti Sinarti, Ayu Nurfitriadi
article en

Abstract

This research aims to determine the potential profit and cash flow by using the Altman Z-Score prediction model in predicting financial distress in manufacturing companies listed on the Indonesia Stock Exchange. Using the purposive sampling method, 98 manufacturing companies were obtained that were listed on the Indonesia Stock Exchange in the 2015-2019 period. The results of research on the sample show that profits and cash flow using the Altman Z-Score prediction model can predict financial distress in manufacturing companies listed on the Indonesia Stock Exchange in the 2015-2019 period.

JURNAL AKUNTANSI EKONOMI dan MANAJEMEN BISNISVol. 12(2)
Universitas Batam (ID), Politeknik Negeri Batam
Openalex Percentile: Top 55%
Financial Distress and Bankruptcy Prediction
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