Saidah, Iling (2014) Analisis Perbandingan The Zmijewski Model, The Altman Model, dan The Springate Model Sebagai Alat Memprediksi Kebangkrutan Perusahaan (studi empiris pada perusahaan yang dilisting di bursa efek indonesia tahun 2009-2013). S2 thesis, Universitas Mercu Buana Jakarta-Menteng.
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Abstract
This research aims to know the company's bankruptcy model in accordance with current conditions. There are three models that are often used for predicting a company’s bankruptcy: The Zmijewski Model, Springate Model and Altman Modifications Model. Object of the research is taken from Indonesia stock exchange (BEI) in 2009- 2013, namely the non financial companies 12 that have written off/removed from BEI (delisting) and 12 companies that are still active as a comparison. The object of the research is taken from Indonesia Stock Exchange (BEI) in 2009 – 2013, that are 12 of non-financial companies which had been written-off or removed from the list of BEI (delisting) and other 12 companies which are still active as comparison. The result of this research shows that the model of Zmijewski, Springate and Altman Modifications can be used to predict the bankruptcy and to compares the level of accuracy and error rate resulting from each model of prediction. The best prediction model is the Modification of Altman resulting 89,58%, followed by Zmijewski (83,33%) and Springate model (75%). These are three prediction of the bankruptcy compared with the Kruskal-Wallis test with a significance level of 0.05 has resulted significance level of 0,260 which means that there is very slight difference in prediction of companies’ bankruptcy listed in BEI between the method of Zmijewski Model, Springate and Altman modifications. Keywords: Delisting, Zmijewski, Springate, the company's bankruptcy and Modification of Altman. Penelitian ini bertujuan untuk mengetahui model kebangkrutan perusahaan yang sesuai dengan kondisi saat ini. Terdapat tiga model prediksi yang sudah sering digunakan untuk memprediksi bangkrut tidaknya suatu perusahaan, yaitu model kebangkrutan Zmijewski, Springate dan Altman Modifikasi. Objek penelitian di ambil dari Bursa Efek Indonesia (BEI) pada tahun 2009- 2013, yaitu 12 perusahaan non keuangan yang sudah dihapuskan/ dikeluarkan dari BEI (delisting) dan 12 perusahaan yang masih aktif sejenis sebagai pembanding. Proses pengalolahan data menggunakan SPSS 19.0. Hasil penelitian ini menunjukan bahwa model Zmijewski, Springate dan Altman Modifikasi dapat digunakan untuk memprediksi kebangkrutan, kemundian membandingkan tingkat akurasi dan tingkat kesalahan yang dihasilkan dari masing- masing model prediksi. Dan model prediksi kebangkrutan terbaik adalah model Altman Modifikasi yaitu akurasinya sebesar 89,58%, diikuti oleh Zmijewski sebesar 83,33% dan model Springate sebesar 75%. Ketiga prediksi kebangkrutan tersebut kemudian dikomparasikan dengan uji Kruskal-Wallis dengan tingkat signifikansi 0,05 dan diperoleh hasil tingkat signifikansi sebesar 0,260 yang artinya tidak terdapat perbedaan prediksi kebangkrutan perusahaan yang terdaftar di BEI dengan metode Zmijewski, Springate dan Altman Modifikasi. Kata Kunci : Delisting, Kebangkrutan Perusahaan, Zmijewski, Springate dan Altman Modifikasi.
Item Type: | Thesis (S2) |
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Call Number CD: | CDT-551-14-038 |
Call Number: | TM/51/14/132 |
NIM/NIDN Creators: | 55112110122 |
Uncontrolled Keywords: | Delisting, Kebangkrutan Perusahaan, Zmijewski, Springate dan Altman Modifikasi, MKU, Manajemen keuangan |
Subjects: | 600 Technology/Teknologi > 650 Management, Public Relations, Business and Auxiliary Service/Manajemen, Hubungan Masyarakat, Bisnis dan Ilmu yang Berkaitan > 658 General Management/Manajemen Umum |
Divisions: | Pascasarjana > Magister Manajemen |
Depositing User: | Admin Perpus UMB |
Date Deposited: | 03 Feb 2015 09:47 |
Last Modified: | 29 Jun 2022 02:45 |
URI: | http://repository.mercubuana.ac.id/id/eprint/13713 |
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