ABSTRAK
ANALISIS POTENSI KEBANGKRUTAN PADA PERUSAHAAN
AUTOMOTIVE AND COMPONENTS TERBUKA DI BURSA
EFEK INDONESIA DENGAN MODEL ALTMAN Z - SCORE, SPRINGATE, DAN ZMIJEWSKI
Penelitian ini bertujuan untuk melihat perbedaan potensi kebangkrutan pada perusahaan Automotive and Components Terbuka di Bursa Efek Indonesia di dengan menggunakan model Altman Z”-score, Springate, dan Zmijewski pada tahun 2011-2015, serta untuk mengetahui analisis kebangkrutan yang paling akurat dari ketiga model kebangkrutan tersebut. Sampel yang digunakan dalam penelitian adalah 11 perusahaan Automotive and Components terbuka di Bursa Efek Indonesia. Penentuan sampel dalam penelitian ini menggunakan teknik sampling purposive, sedangkan metode analisis yang digunakan adalah Multiple Discriminant Analysis (MDA). Hasil penelitian menunjukkan bahwa terdapat perbedaan antara potensi kebangkrutan dengan model Atman Z”-score, Springate, dan Zmijewski dengan menggunakan Uji Kruskal-Wallis H. Pada hipotesis kedua hasil penelitian menunjukkan bahwa model Zmijeski adalah yang paling akurat dalam memprediksi kebangkrutan pada perusahaan Automotive and Components terbuka di Bursa Efek Indonesia.
Kata Kunci: Kebangkrutan, Altman Z”-score, Springate, dan Zmijewski
ABSTRACT
THE ANALYSIS OF BANKRUPTCY POTENTIAL IN OPENED AUTOMOTIVE AND COMPONENTS COMPANY
IN INDONESIA STOCK EXCHANGE
WITH ALTMAN Z - SCORE, SPRINGATE, AND ZMIJEWSKI
This research is purpose for seeing the different bankruptcy potential in opened Automotive and Components company in Indonesia Stock Exchange with Altman Z”-score, Springate, and Zmijewski in 2011-2015, as well for knowing the analysis of the most accurate bankruptcy from those three models. The sample which is used in this research is eleven companies of the opened Automotive and Components in Indonesia Stock Exchange. The determin about of samples in this research using the sampling purposive technique, while the method of analysis is Multiple Discriminant Analysis (MDA). The research result indicates that there are the difference bankruptcy potential of Atman Z”-score, Springate, and Zmijewski with using the Kruskal-Wallis H test. In the second hypothesis the result reserch indicates Zmijewski model is the most accurante in predicting the bankruptcy potensial in opened Automotive and Components Company of Indonesia stock exchange.
Keyword: Bankruptcy, Altman Z”-score, Springate, and Zmijewski
