Prediksi Kondisi Financial Distress Perusahaan Go-Public dengan Menggunakan Analisis Multinomial Logit  

Oleh:

Almilia, Luciana Spica

Jenis: Article from Journal - ilmiah nasional - tidak terakreditasi DIKTI
Dalam koleksi: Jurnal Ekonomi dan Bisnis (Dian Ekonomi) vol. 12 no. 1 (Mar. 2006), page 88-107.
Topik: financial distress; financial distress; financial ratio; statements of income; balance sheet; statements of cash flow; multinomial logit

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: JJ43.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

Lihat Detail Induk

Isi artikel

This research aims at providing empirical evidance on factors that affect financialy distressed firms. This study examines the role of financial ratio in predicting the occurance of financial distress in the context of the Jakarta Stock Exchange. The samples consist of 43 firms with positive net income, positive equity book value and still listed until 2001, 14 firms with negative income from 2000 to 2001, and still listed. Multinomial logit regression is used to test the hypothesis. It is hypothesied that financial ratio from statements of income, balance sheet and statements of cash flow can be used to product financial distress firms. This study uses three models to examine the role of financial ratios in predicting the occurance of financial distress in the context of The Jakarta Stock Exchange. This study finds that financial ratios from statements of income, balance sheet and statements of cash flow are significant variables determining financialy distressed firms.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali