ANALISIS MODEL PREDIKSI KEBANGKRUTAN PADA PERUSAHAAN PERBANKAN YANG GO-PUBLIC DI BURSA EFEK INDONESIA (PT. BEI)

Authors

  • Febry Sanur Saputra Staff PT. Bank Negara Indonesia (Persero) Tbk, Bima NTB

DOI:

https://doi.org/10.22219/jep.v7i1.3584

Keywords:

discriminate z-altman, camel, financial ratios, bankruptcy

Abstract

Purpose of this research is applying of prediction model of company bankruptcy of banking which go-public in Indonesia based on the company financial statements. Model who applied is Model Z-Altman applied to predict company's finance performance. This model applies combination of standard ratios, which are circulating capital ratio, profit ratio arrested, profit ratio before interest and tax, equity market value ratio and sale ratio. In this research applied also financial ratios CAMEL as comparator, with level of health that has been specified Bank Indonesia. Sampling method in this research is method purposive sampling, consisted of eight banking company in Indonesia Stock Exchange/Bursa Efek Indonesia (BEI) and included in catalog 10 banks with the biggest leg asset until end of time line 2008. Result of research indicates that from model Altman and CAMEL leaves for back. Model Altman predicts that all sample bank stays at potential condition gone broke, while CAMEL predicts sample bank to stay at healthy condition.

Downloads

Download data is not yet available.

Downloads

Published

2009-07-01

Issue

Vol. 7 No. 1 (2009): Jurnal Ekonomi Pembangunan

Section

Journal

License

Authors who publish with Jurnal Ekonomi Pembangunan (JEP) agree to the following terms:

  1. For all articles published in Jurnal Ekonomi Pembangunan (JEP), copyright is retained by the authors. Authors permit the publisher to announce the work with conditions. When the manuscript is accepted for publication, the authors agree to the publishing right's automatic transfer to the publisher.
  2. Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a  Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
  3. Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  4. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during the submission process, as it can lead to productive exchanges and earlier and greater citation of published work (See The Effect of Open Access).

 

Creative Commons License
This work is licensed under a  Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.