Halim, Erica (2020) The prediction of financial distress that lead to bankruptcy and its influence on share price on manufacturing companies listed in IDX by Altman Z Score measurement. Bachelor thesis, Universitas Pelita Harapan.
![Title.pdf [thumbnail of Title.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Title.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (1MB)
Preview
Abstract.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (462kB) | Preview
![ToC.pdf [thumbnail of ToC.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
ToC.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (412kB)
Preview
Chapter1.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (369kB) | Preview
![Chapter2.pdf [thumbnail of Chapter2.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Chapter2.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (581kB)
![Chapter3.pdf [thumbnail of Chapter3.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Chapter3.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (385kB)
![Chapter4.pdf [thumbnail of Chapter4.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Chapter4.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (818kB)
![Chapter5.pdf [thumbnail of Chapter5.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Chapter5.pdf
Restricted to Registered users only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (360kB)
Preview
Bibliography.pdf
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (459kB) | Preview
![Appendices.pdf [thumbnail of Appendices.pdf]](http://repository.uph.edu/style/images/fileicons/text.png)
Appendices.pdf
Restricted to Repository staff only
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (939kB)
Abstract
A company's goal is to gain profit and well in term of performance. If the
company's financial decreases continuously then the company is worried about
going bankrupt. One of the methods of bankruptcy prediction that can be used is
bankruptcy analysis with the method of Altman Z-score. This research aims to
determine if the analysis of the Altman Z-score method can predict bankruptcy in
manufacturing companies listed on the Indonesian Stock Exchange (Bursa Efek
Indonesia) in 2016-2018.
This research uses secondary data that is based on the financial statements
of manufacturing companies listed on the Indonesia Stock Exchange (Bursa Efek
Indonesia) in 2016-2018. The population of this research is a manufacturing
company listed on the Indonesia Stock Exchange (Bursa Efek Indonesia) in 2016-
2018, where the population is as much as 76 companies. Sampling using purposive
sampling method with the acquisition of 29 samples of companies.
The results of this research show that (1) the Altman Z-Score method can
be used to predict the bankruptcy on manufacturing companies listed in IDX during
2016-2018.(2) Altman Z-Score, represented by Working Capital to Total Assets,
Retained Earnings to Total Assets, Earnings before Interest and Taxes to Total
Assets, Market Value of Equity to Book Value of Total debt and Sales to Total
Assets; partially and simultaneously do not have a significant impact towards share
price. Altman Z-Score affect significantly towards the share price on manufacturing
companies listed in IDX during 2016-2018./ Tujuan perusahaan adalah memperoleh profit dan memiliki performa yang
baik. Apabila kinerja keuangan perusahaan menurun terus menerus maka di
khawatirkan perusahaan akan mengalami kebangkrutan. Salah satu metode
prediksi kebangkrutan yang dapat digunakan adalah analisis kebangkrutan dengan
metode Altman Z-score. Penelitian ini bertujuan untuk mengetahui apakah analisis
metode Altman Z-score dapat memprediksi kebangkrutan dan pengaruh metode
Altman Z-score terhadap harga saham pada perusahaan manufaktur yang
terdaftar pada bursa efek indonesia pada periode 2016-2018.
Penelitian ini menggunakan data sekunder yang berdasarkan pada laporan
keuangan perusahaan manufaktur yang terdaftar pada Bursa Efek Indonesia
periode tahun 2016-2018. Populasi penelitian ini merupakan perusahaan
manufaktur yang terdaftar di Bursa Efek Indonsia pada tahun 2016-2018, dimana
jumlah populasi sebanyak 76 perusahaan. Pengambilan sampel menggunakan
metode purposive sampling dengan perolehan 29 sampel perusahaan.
Hasil penelitian ini menunjukkan bahwa (1)analisis metode altman Z-Score
dapat memprediksi kebangkrutan pada perusahaan manufaktur yang terdaftar
pada Bursa Efek Indonesia periode tahun 2016-2018.(2) Altman Z-Score
diwakilkan oleh rasio modal kerja terhadap total aktiva, laba ditahan terhadap
total aktiva, laba sebelum bunga dan pajak terhadap total aktiva, nilai pasar modal
saham terhadap nilai buku hutang, dan rasio penjualan terhadap total aktiva;
secara parsial dan secara simultan tidak berpengaruh signifikan terhadap harga
saham. Altman Z-score berpengaruh signifikan terhadap harga saham pada
perusahaan manufaktur yang terdaftar di bursa efek Indonesia tahun 2016-2018.
Item Type: | Thesis (Bachelor) |
---|---|
Creators: | Creators NIM Email ORCID Halim, Erica NIM00000024060 ericahalim89@gmail.com UNSPECIFIED |
Contributors: | Contribution Contributors NIDN/NIDK Email Thesis advisor Jony, Jony NIDN0107088002 jony.mdn@lecturer.uph.edu |
Uncontrolled Keywords: | Altman Z-Score; prediction of financial distress that lead to bankruptcy |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Divisions: | University Subject > Current > Faculty/School - UPH Medan > Business School > Accounting Current > Faculty/School - UPH Medan > Business School > Accounting |
Depositing User: | Users 8852 not found. |
Date Deposited: | 15 Aug 2020 09:11 |
Last Modified: | 17 Jan 2022 03:48 |
URI: | http://repository.uph.edu/id/eprint/10402 |