ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI KONDISI FINANCIAL DISTRESS PERUSAHAAN PUBLIK DENGAN MENGGUNAKAN ANALISIS MULTINOMIAL LOGIT

Rohman, Fatikhatur (2009) ANALISIS RASIO KEUANGAN UNTUK MEMPREDIKSI KONDISI FINANCIAL DISTRESS PERUSAHAAN PUBLIK DENGAN MENGGUNAKAN ANALISIS MULTINOMIAL LOGIT. Other thesis, University of Muhammadiyah Malang.

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ANALISIS_RASIO_KEUANGAN_UNTUK_MEMPREDIKSI_KONDISIFINANCIAL_DISTRESS_PERUSAHAAN_PUBLIK_DENGANMENGGUNAKAN_ANALISIS_MULTINOMIAL_LOGIT.pdf

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Abstract

This research aims at providing empirical evidance on factors that affect financial distressed firms. This study examines the role of financial ratio in predicting the accurance of financial distress in the context of Indonesia Stock Exchange. The samples consist of 18 firms with positive net income, positive equity book value and still listed until 2008; 28 firms with negative income, and positive equity book value from 2003 to 2005 and still listed; and 12 firms with negative income and negative equity book value from 2003 to 2008 and still listed. Multinomial logit regression is used to test the hypothesis. It is hypothised that financial ratio from statements of income, and balance sheet can use to predict financial distress firms. This study use three models to examine examines the role of financial ratio in predicting the accurance of financial distress in the context of Indonesia Stock Exchange. The finding of this research that financial ratio from statements of income, and balance sheet (WCTA, CASHCL, CASHTA, NITA, and EQTA) are significant variables determining financialy distressed firms. The research is to find evidance that financial ratio is from statement of income, and balance sheet to have clacification capacity 97,0%, and to have predictions capacity higher to use predict accurance of financial distre

Item Type: Thesis (Other)
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Economic > Department of Accounting
Depositing User: Anggit Aldila
Date Deposited: 29 Jun 2012 06:05
Last Modified: 29 Jun 2012 06:05
URI: http://eprints.umm.ac.id/id/eprint/10262

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