ANALISIS FINANCIAL DISTRESS DENGAN ACCOUNTING RATIO DAN FORECASTING BANKRUPCY TERHADAP PERUSAHAAN PERBANKAN GO PUBLIC DI INDONESIA

Rihardhiny Nariswari Putri, Djuminah Djuminah

Abstract

This study aims to analyze the prediction level of bankruptcy by the method of Altman Z Score on banking companies Go Public during the year 2010-2014, the prediction of performance by using intellectual capital in companies that Go Public during the year 2010-2014 and the influence between intellectual capital against the risk of bankruptcy on Go Public companies are battling for 2010-2014.

This research uses quantitative method to know its direct effect. Meanwhile, to analyze the risk of bankruptcy using Altman Z-Score and to analyze intellectual capital using VAIC.The results of this study are a) During 2010 - 2014 the average banking indicated bankrupt 43.45%, 50.34% gray, and not bankrupt 6.21%. B) The average value of intellectual capital in 2010-2014 with the top category of 24.14%, good as much as 38.62%, common as much as 28.28% and bad as much as 8.97%. Thus it can be said that intellectual capital of banking in Indonesia is relatively good to support company performance. C) There is a significant negative influence between intellectual capital against bankruptcy risk.

 

Keywords: Bankruptcy, Intellectual Capital

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DOI: https://doi.org/10.20961/jbm.v17i1.11884

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