ANALYSIS ON THE PREDICTION OF BANKRUPTCY OF CIGARETTE COMPANIES LISTED IN THE INDONESIA STOCK EXCHANGE USING ALTMAN (Z-SCORE) MODEL AND ZMIJEWSKI (X-SCORE) MODEL
This study aims to identify the results of bankruptcy predictions using Altman (Z-Score) model and Zmijewski (X-Score) model. The object of this research is four cigarette companies listed in the Indonesia Stock Exchange from 2013 to 2017. This study finds that Altman (Z-Score) model and Zmijewski (...
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| Format: | Article |
| Language: | English |
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University of Brawijaya
2019-06-01
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| Series: | Jurnal Aplikasi Manajemen |
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| Online Access: | https://jurnaljam.ub.ac.id/index.php/jam/article/view/1461 |