Open AccessPREDIKSI KEBANGKRUTAN PADA BANK BUMN YANG TERDAFTAR DI BURSA EFEK INDONESIA
Author(s) -
Muhammad Salman,
Catur Wulandari
Publication year - 2021
Publication title -
niagawan
Language(s) - English
Resource type - Journals
eISSN - 2579-8014
pISSN - 2301-7775
DOI - 10.24114/niaga.v10i2.23442
Subject(s) - bankruptcy , bankruptcy prediction , financial distress , business , mathematics , actuarial science , statistics , financial system , finance
The research was conducted with the aim of knowing the prediction of the potential for bankruptcy of the four State-Owned Enterprises (BRI, BNI, Bank Mandiri and BTN) using the Altman Z-Score, Springate and Grover G-Score models. The data analysis method used a prediction model for the occurrence of bankruptcy consisting of the Altman Z-Score, Springate and Grover G-Score. The results showed that the prediction of bankruptcy (financial distress) using the Altman Z Score model was obtained from 2015-2019 for the four State-Owned Enterprise Banks (BRI, BNI, Bank Mandiri and BTN) as a whole obtained Z Score between 1.42-1 88 or at the criteria (cut off) Z 0.862 and can be declared as not potentially bankrupt (healthy). Then based on Grover, it was obtained from 2015-2019 in the four State-Owned Enterprise Banks (BRI, BNI, Bank Mandiri and BTN) as a whole obtained a G Score of 1.71 - 2.15 and were in the criteria of G ≥ 0.01 or no potential bankrupt (healthy). The results showed that the Altman Z Score model has a better value than Springate and Grover because the number of ratios is more so that it can predict bankruptcy better