Financial Distress Prediction: Case Study Plantation Companies Listed on Indonesia Stock Exchange

Sudjono, Sudjono (2021) Financial Distress Prediction: Case Study Plantation Companies Listed on Indonesia Stock Exchange. Mercu Buana International Conference on Social Sciences. pp. 1-8.

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Official URL: http://dx.doi.org/10.4108/eai.28-9-2020.2307365

Abstract

The decline in the level of export, the decline in the price of crude palm oil and the decline in the Indonesian economy are predicted to cause financial distress in the plantation sub-sector companies in Indonesia. This study aims to test empirically the financial distress condition of oil palm sub-sector companies using the Altman Modification and Zavgren prediction models. The Companies that become population in this study were Plantation sub-sector Companies listed on Indonesia Stock Exchange in the period 2013-2017. Research result shows that Modified Altman and Zavgren Model can be used to predict the Financial Distress of Plantation sub-sector Companies in the 2013-2017 period, and there are differences between two prediction models,where Modified Altman are more accurate than Zavgren model.

Item Type: Article
NIM/NIDN Creators: 0311025901
Uncontrolled Keywords: Financial Distress, Plantation Companies, Modified Altman, Zavgren
Subjects: 300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi
300 Social Science/Ilmu-ilmu Sosial > 330 Economics/Ilmu Ekonomi > 332 Financial Economics, Finance/Ekonomi Keuangan dan Finansial, Ekonomi Biaya dan Pembiayaan
700 Arts/Seni, Seni Rupa, Kesenian > 720 Architecture/Arsitektur > 725 Public Structures Architecture/Arsitektur Struktur Umum > 725.2 Commercial and Communication Buildings/Arsitektur Gedung Perdagangan dan Komunikasi > 725.25 Exchanges/Bursa
Divisions: Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User: NAJLA
Date Deposited: 19 Feb 2024 06:17
Last Modified: 19 Feb 2024 06:17
URI: http://repository.mercubuana.ac.id/id/eprint/86232

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