ANALISIS PERBEDAAN MODEL ALTMAN Z SCORE DAN MODEL SPRINGATE DALAM MEMPREDIKSI KEBANGKRUTAN PADA PERUSAHAAN PERTAMBANGAN DI INDONESIA
Abstract
Krisis perekonomian global yang terjadi mengakibatkan bisnis tambang mengalami penurunan keuntungan, dikarenakan adanya penurunan permintaan yang membawa dampak pada penurunan harga. Melihat kondisi bisnis tambang saat ini yang terjadi, perusahaan dihadapankan pada resiko kebangkrutan.
Penelitian ini bertujuan untuk mengetahui perbedaan prediksi kebangkrutan menggunakan model Altman Z Score dan Springate pada Perusahaan Pertambangan di Indonesia. Populasi pada penelitian ini adalah perusahaan pertambangan yang terdaftar di BEI periode 2010 -2014. Sampel pada penelitian ini menggunakan metode purposive sampling dengan kriteria yang telah ditentuken ada empat perusahaan pertambangan yang dijadikan sampel. Pengujian hipotesis menggunakan uji beda Paired T Test. Hasil uji hipotesis menunjukan bahwa terdapat perbedaan yang signifikan model analisis prediksi kebangkrutan model Altman Z Score dan Springate.
Dengan menggunakan model Altman dari empat perusahaan hanya ada satu perusahaan yang diprediksi bangkrut, sedangkan yang tiga perusahaan diprediksi tidak bangkrut , dengan menggunakan model Springate dari empat perusahaan ada dua perusahaan yang prediksi bangkrut, sedangkan yang dua perusahaan diprediksi tidak bangkrut .
Perbedaan hasil analisis tersebut disebabkan adanya perbedaan variabel yang digunakan model Altman Z Score dengan lima variabel dan Springate menggunakan empat variabel.
Downloads
The use of the article will be governed by the Creative Commons Attribution license as currently displayed on Creative Commons Attribution 4.0 International License.
Author’s Warranties
The author warrants that the article is original, written by stated author(s), has not been published before, contains no unlawful statements, does not infringe the rights of others, is subject to copyright that is vested exclusively in the author and free of any third party rights, and that any necessary written permissions to quote from other sources have been obtained by the author(s).
User Rights
JSS's spirit is to disseminate articles published are as free as possible. Under the Creative Commons license, JSS permits users to copy, distribute, display, and perform the work. Users will also need to attribute authors and JSS on distributing works in the journal.
Rights of Authors
Authors retain all their rights to the published works, such as (but not limited to) the following rights;
- Copyright and other proprietary rights relating to the article, such as patent rights,
- The right to use the substance of the article in own future works, including lectures and books,
- The right to reproduce the article for own purposes,
- The right to self-archive the article,
- The right to enter into separate, additional contractual arrangements for distribution of the article's published version (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal (Jurnal STIE SEMARANG).
Co-Authorship
If the article was jointly prepared by other authors, any authors submitting the manuscript warrants that he/she has been authorized by all co-authors to be agreed on this copyright and license notice (agreement) on their behalf, and agrees to inform his/her co-authors of the terms of this policy. JSS will not be held liable for anything that may arise due to the author(s) internal dispute. JSS will only communicate with the corresponding author.
Royalties
This agreement entitles the author to no royalties or other fees. To such extent as legally permissible, the author waives his or her right to collect royalties relative to the article in respect of any use of the article by JSS.
Miscellaneous
JSS will publish the article (or have it published) in the journal if the article’s editorial process is successfully completed. JSS's editors may modify the article to a style of punctuation, spelling, capitalization, referencing and usage that deems appropriate. The author acknowledges that the article may be published so that it will be publicly accessible and such access will be free of charge for the readers as mentioned in point 3.
.png)
