Analysis of Stock Prices: A Case Study of Indonesia Stock Exchange
DOI:
https://doi.org/10.61841/xe9h5y92Keywords:
Bankruptcy Prediction, Altman Z-Score Method, Stock PriceAbstract
This paper aims to examine the effect of bankruptcy predictions by the Altman Z-Score formulas on stock prices. This research was conducted on the basis of the phenomenon of retail companies throughout the period 2013-2017. This type of research is causal explanatory. The research population is 21 retail companies. The results showed that the prediction of bankruptcy using the Altman Z-score formulas had a significant effect on stock prices in retail companies
Downloads
References
[1] Altman, Edward I. “Financial Ratios, Discriminant Analysis, and the Prediction of Corporate Bankruptcy.” The Journal of Finance (n.d.): 24.
[2] Cooper, Donald R., and Pamela S. Schindler. Business Research Methods. McGraw-Hill/Irwin, 2011.
[3] Irama, Ovi Novi. “PENGARUH POTENSI KEBANGKRUTAN TERHADAP HARGA SAHAM PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA.” Bisnis Net 1, no. 1 (July 2, 2018). Accessed June 22, 2019.http://jurnal.dharmawangsa.ac.id/index.php/bisnet/article/view/39.
[4] Saudi, M.H.M., Sinaga, O., & Rospinoedji, D., The role of tax education in supply chain management: A case of Indonesian supply chain companies, Polish Journal of Management Studies 18(2):304-319, December 2018.
[5] Wild, John J., K. R. Subramanyam, and Robert F. Halsey. Financial Statement Analysis. McGraw-Hill, 2007.
[6] “Bisnis Ritel Masih Lesu, 18 Perusahaan Terancam Bangkrut.” kumparan. Accessed June 24, 2019.
https://kumparan.com/@kumparanbisnis/bisnis-ritel-masih-lesu-18-perusahaan-terancam-bangkrut.
[7] Taswan, 2012, Akuntansi Perbankan-Transaksi dalam Valuta Rupiah. Yogyakarta: UPP STIM YKPN
[8] Zarkasyi, Wahyudin. 2014. Good Corporate Governance: Pada Badan Usaha Manufaktur, Perbankan dan Jasa Keuangan lainnya. Bandung : Alfabeta
[9] Nandha Kumar, S.K., Selvakumaran, S., Karthigaivel, R., Muthukumaran, S. Application of the bat algorithm to optimal reactive power dispatch (2018), International Journal of Pharmaceutical Research, 10 (4), pp. 785-788. https://www.scopus.com/inward/record.uri?eid=2-s2.0-85062359913&partnerID=40&md5=6118724a23f779463808ccc9f3860f6a
[10] Doris kumadoh, kwabena ofori-kwakye (2017) review article dosage forms of herbal medicinal products and
their stability considerations—an overview. Journal of Critical Reviews, 4 (4), 1- 8. doi:10.22159/jcr.2017v4i4.16077
[11] Mishra SK, Kumar A, Chaturvedi RK, Pandeya SN. "Vanadium Salts versus Diabetes: An Overview." Systematic Reviews in Pharmacy 1.2 (2010), 172-174. Print. doi:10.4103/0975-8453.75073
Downloads
Published
Issue
Section
License
Copyright (c) 2020 AUTHOR
This work is licensed under a Creative Commons Attribution 4.0 International License.
You are free to:
- Share — copy and redistribute the material in any medium or format for any purpose, even commercially.
- Adapt — remix, transform, and build upon the material for any purpose, even commercially.
- The licensor cannot revoke these freedoms as long as you follow the license terms.
Under the following terms:
- Attribution — You must give appropriate credit , provide a link to the license, and indicate if changes were made . You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
- No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
Notices:
You do not have to comply with the license for elements of the material in the public domain or where your use is permitted by an applicable exception or limitation .
No warranties are given. The license may not give you all of the permissions necessary for your intended use. For example, other rights such as publicity, privacy, or moral rights may limit how you use the material.
