Perbandingan Rasio Keuangan Non Arus Kas dengan Rasio Arus Kas Dalam Memprediksi Forced Delisting pada Perusahaan yang Terdaftar di Bursa Efek Indonesia

Yulianto, Prafidhya Dwi (2015) Perbandingan Rasio Keuangan Non Arus Kas dengan Rasio Arus Kas Dalam Memprediksi Forced Delisting pada Perusahaan yang Terdaftar di Bursa Efek Indonesia. Jurnal thesis, STIE YKPN.

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Abstract

This study compares models using financial ratios of the non-cash to cash flow ratios topredicting the forced delisting of the companies listed on the Indonesian Stock Exchange. The models used in this study refer to the model of bankruptcy Altman, Springate, Zmijewski, and Murty and Misra. There are nine ratios of non-cash and five cash ratios. The sample used in this study consists of 17 companies that have forced delisting and the 17 best companies listed on LQ45 during 2009-2013 period with data two years before the incident. This study used Multiple Discriminant Analysis and Binary Logistic Regression Analysis. The results show that the model using financial ratios of non-cash can predict forced delisting with 85.3% accuracy on discriminant analysis and 100% on logistic analysis. The finding in this study that model using non-cash ratios is more accurate than the model using the cash ratios only. In addition, a model that uses a combination of non-cash ratios and cash ratios can predict more accurate than a model that only uses the non-cash ratios.

Item Type: Thesis (Jurnal)
Additional Information: Tesis dapat dibaca di Perpustakaan dengan call number YUL p 270/2015
Uncontrolled Keywords: forced delisting, Altman, Springate, Zmijeweski, Murty, Misra
Divisions: Program Pasca Sarjana > Jurnal Tesis Magister Akuntansi
Depositing User: Pustakawan STIE YKPN
Date Deposited: 30 Jul 2019 01:57
Last Modified: 30 Jul 2019 01:57
URI: http://repository.stieykpn.ac.id/id/eprint/451

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