scholarly journals ANALISIS PERBEDAAN KINERJA PERUSAHAAN SEBELUM DAN SAAT PANDEMI COVID-19

2021 ◽  
Vol 18 (1) ◽  
pp. 91-109
Author(s):  
Cindy Hilman ◽  
Kazia Laturette
Keyword(s):  
Construction Industry ◽  
Secondary Data ◽  
Bankruptcy Prediction ◽  
Sign Test ◽  
Test Results ◽  
Financial Reports ◽  
Growth Ratio ◽  
Leverage Ratio ◽  
Kolmogorov Smirnov ◽  
Smirnov Test

This study aims to determine differences in the performance of the profitability ratio (ROA), sales growth ratio (SG), liquidity ratio (CR) and leverage ratio (DER) to bankruptcy prediction (Altman Z-score) before and during the Covid 19 pandemic. Descriptive statistical method with secondary data collection, namely quarterly financial reports from 2019-2020. Samples were taken by purposive sampling method and obtained 62 samples of the construction industry and consumer goods in 2019-2020. Normality testing using the Kolmogorov-Smirnov test results in data not normally distributed with a significance value below 0.05. Different tests using the non-parametric Wilcoxon sign test resulted in differences in ROA (0.000 <0.05), SG (0.004 <0.05) and CR (0.005 <0.05) on the decreased bankruptcy predictions during the pandemic. Meanwhile, DER (0.803 <0.05) did not differ from the prediction of bankruptcy before and during the COVID-19 pandemic

scholarly journals Analisis Pengaruh Variabel-variabel Ekonomi Makro terhadap Return Saham

2013 ◽  
Vol 4 (1) ◽  
pp. 541-550
Author(s):  
Sunaryo Sunaryo
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Normal Distribution ◽  
Composite Index ◽  
Secondary Data ◽  
Primary Objective ◽  
Distribution Data ◽  
Daily Newspaper ◽  
Kolmogorov Smirnov ◽  
Smirnov Test

The primary objective of this research is to learn the effecting inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables with changes of the return Jakarta composite index. Secondary data were collected from Jakarta composite Index, annual Indonesian bank report, Jakarta daily newspaper, and preceding research by using judgment sampling until it got normal distribution data with Kolmogorov-Smirnov test. The results of this research described that inflation, Interest Rate of Indonesian Bank Certificate, and changes of outstanding money variables have not significant effect to the changes of return Jakarta composite index; and changes of exchange rate have significant effect to the changes return of Jakarta composite index. Inflation, interest rate of Indonesian bank certificate, changes of exchange rate, and changes of outstanding money amounts variables have simultaneous significant effect to thechanges return of Jakarta composite index. Topic of this research may continue using other countries or added more than 75.20 % of independence variables.

scholarly journals Firm Characteristics, Corporate Governance and Tax Avoidance:Study on Mining Companies in Indonesia

2021 ◽  
Vol 04 (11) ◽  
Author(s):  
Sri Suranta ◽  
Keyword(s):  
Corporate Governance ◽  
Tax Avoidance ◽  
Secondary Data ◽  
Annual Reports ◽  
Firm Characteristics ◽  
Mining Company ◽  
Mining Companies ◽  
Kolmogorov Smirnov ◽  
The Relationship ◽  
Smirnov Test

This research was conducted with the aim of: (1) to determine whether firm characteristics and corporate governance affect tax avoidance in mining companies in Indonesia, and (2) to determine whether corporate governance moderates the relationship between firm characteristics and tax avoidance. The research sample is all mining companieslisted on the IDX forthe period 2015 to 2018, totally 156 observations. From 156 observations, 84 observations can be analyzed. This research data is secondary data in the form of mining company Annual Reports obtained from the official website of the IDX, namely www.idx.co.id and the official websites of the respective companies. Data analysis to test data normality used the Kolmogorov Smirnov test. Hypothesis testing uses moderated regression analysis (MRA) with SPSS. The result of the analysis shows that firm characteristics consisting of leverage and ROE have an effect on tax avoidance, while company size has no effect on tax avoidance. Another result is that CG as measured by the proportion of independent commissioners does not moderate the relationship between firm characteristics and tax avoidance.

Pengaruh Model Prediksi Kebangkrutan, Leverage, Audit Lag, Dan Ukuran Perusahaan Terhadap Opini Audit Going Concern

2013 ◽  
Vol 5 (1) ◽  
pp. 55-76
Author(s):  
Anastasia Paula Salean
Keyword(s):  
Prediction Model ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Secondary Data ◽  
Bankruptcy Prediction ◽  
Annual Reports ◽  
Company Size ◽  
Financial Reports ◽  
Audit Opinion ◽  
Going Concern

The objective of this research is to examine the effect of bankruptcy prediction model, leverage, audit lag, and company size towards obtaining a going concern audit opinion.  The samples in this study are 11 companies listed in Indonesian Stock Exchange being classified as manufacturing sector in the year 2008-2011. The sample in this study determined based on purposive sampling. Data used in this study is a secondary data such as annual reports or financial reports.  The results from this study are (1) bankruptcy prediction model having no significant impact on obtaining a going concern audit opinion, (2) leverage having a significant impact on obtaining a going concern audit opinion, (3) audit lag leverage having a significant impact on obtaining a going concern audit opinion, (4) company size having no significant impact on obtaining a going concern audit opinion. Keywords: obtaining a going concern audit opinion, bankruptcy prediction model,leverage, audit lag, company size

scholarly journals Analisis Model Altman Z-Score, Springate, dan Zmijewski Sebagai Metode dalam Memprediksi Kondisi Kebangkrutan pada PT. Garuda Indonesia, Tbk Periode 2014-2018

2019 ◽  
Vol 2 (1) ◽  
pp. 40
Author(s):  
Desyah Natalia Bilondatu ◽  
Meriyana Franssisca Dungga ◽  
Selvi Selvi
Keyword(s):  
Prediction Model ◽  
Research Method ◽  
Prediction Method ◽  
Secondary Data ◽  
Bankruptcy Prediction ◽  
Annual Reports ◽  
Z Score ◽  
Financial Reports ◽  
Descriptive Research ◽  
Independent Variable

This study aims to find out, describe and explain the results of the application of analysis from the prediction method of bankruptcy of the Altman Z-Score, Springate, and Zmijewski models used in assessing and predicting the potential for bankruptcy with the object of research at PT. Garuda Indonesia (Persero) Tbk 2014-2018. The method used in this research is descriptive research method using a quantitative approach, and the operationalization of the variables used is the independent variable, namely the bankruptcy prediction model with the dependent variable is financial ratios. The data used are secondary data in the form of annual financial reports (annual reports) PT. Garuda Indonesia (Persero) Tbk for the period 2014 to 2018. The results of this study indicate that the Altman Z-Score, Springate and Zmijewski methods are able to measure and predict bankruptcy of companies with different portions according to the calculations applied in each of these analyzes.Keywords: Altman Z-Score, Springate, Zmijewski, and Bankruptcy

Changes in the Ukrainian expeditioners’ psychological states during long Antarctic stay

2021 ◽  
Vol 4 (24) ◽  
pp. 44-50
Author(s):  
Oleg Kokun ◽  
◽  
Larysa Bakhmutova ◽  
Keyword(s):  
Psychological Health ◽  
Self Esteem ◽  
Psychological State ◽  
Test Results ◽  
Psychological States ◽  
Antarctic Expedition ◽  
Kolmogorov Smirnov ◽  
Spatial Isolation ◽  
The Antarctic ◽  
Smirnov Test

Introduction. Extreme conditions of Antarctica and socio-spatial isolation of a small group of expeditioners’ significantly affect their physiological and psychological state. Aim. To empirically investigate the changes in the expeditioners’ psychological state indicators during a year-long Antarctic expedition. Methods. For statistical analysis were used Descriptive statistics (mean, standard deviation); One-Sample Kolmogorov-Smirnov Test; and Paired Sample T-Test. Results. The self-assessed indicators of expeditioners’ psychological states rise significantly during the first four months of the year-long expedition. Then their average self-esteem begins to decline gradually, reaching the lowest values in the last two months of stay at the Antarctic station. Conclusions. This study confirms that the long stay and work within an isolated group of people is a factor that affects the expeditioners’ psychological health at the first place.

scholarly journals Bankruptcy Prediction Analysis Using the Altman Z-Score Method at PT Aneka Tambang (Persero) Tbk

2020 ◽  
Vol 1 (2) ◽  
pp. 51-58
Author(s):  
Iis Fitriani ◽  
Puji Muniarty
Keyword(s):  
Stock Exchange ◽  
Secondary Data ◽  
Bankruptcy Prediction ◽  
Z Score ◽  
Literature Study ◽  
Test Analysis ◽  
Financial Reports ◽  
Score Method ◽  
Data Collection Technique ◽  
Retained Earnings

This study aims to determine the prediction of bankruptcy in Aneka Tambang (Persero) Tbk for the period 2011 to 2018. Z-score is the independent variable (X) measuring by five ratios: working capital to total assets, retained earnings to total assets, earnings before interest and tax to total assets, the market value of equity to total liabilities, and sales to total assets. The background of this research is the government's ban on the export of raw minerals, which resulted in Aneka Tambang (Persero) Tbk no longer making overseas sales of nickel ore, which made the company's profit decline. This research method uses descriptive research with a quantitative approach, the source of the data used is secondary data based on financial reports published on the Indonesia Stock Exchange and the official website www.antam.com. The population used is the financial statement data for ten years, namely from 2009 to 2018, while the sample using for eight years, namely from 2011 to 2018. The data collection technique carried out using documentation and literature study techniques. Data analysis techniques were carried out by discriminant analysis using the Altman Z-Score method and one sample t-test analysis. The Altman Z-Score uses five variables that represent liquidity ratios X1, profitability ratios X2 and X3, and activity ratios X4, and X5. The formula Z-Score Z = 0.717 X1 + 0.847 X2 + 3.107 X3 + 0.420 X4 + 0.998 X5. With criteria, Z> 2.99 categorized as a good company. Z between 1.23 to 2.99 categorized as a company in the grey area or area of ​​financial difficulty. Z <1.23 is categorized as a potentially bankrupt company.

scholarly journals Relationship Between The Characteristics Of The Wound And The Event Of Patient Infection

2020 ◽  
Vol 4 (3) ◽  
pp. 130-141
Author(s):  
Darmila ◽  
Nadia Alfira ◽  
Muriyati ◽  
Andi Baso Tombong
Keyword(s):  
Significant Relationship ◽  
Quantitative Research ◽  
P Value ◽  
Fisher Exact Test ◽  
Test Results ◽  
Cross Sectional ◽  
Exact Test ◽  
Kolmogorov Smirnov ◽  
Cross Sectional Design ◽  
Smirnov Test

The results of observations at RSUD H. Andi Sultan Daeng Radja carried out observations on all types of wounds that entered the emergency room with each wound characteristic observed, namely the location of the wound, the shape of the wound, the size of the wound, the depth of the wound, and the wound edge. Research Objectives To determine the relationship between wound characteristics and infection incidence in RSUD H. Andi Sulthan Daeng Radja, Bulukumba Regency. The research design is quantitative research. This study used a cross-sectional design. The sample size is 14 people. Results Based on the Fisher exact test, the value of p = 0.005 (<α = 0.05) was obtained, which means that there is a significant relationship between the location of the wound and the incidence of infection. Kolmogorov Smirnov test results obtained p-value = 0.016 (<α = 0.05), which means that there is a significant relationship between the shape of the wound and the incidence of infection. Kolmogorov Smirnov test results obtained p-value = 0.010 (<α = 0.05), which means that there is a significant relationship between wound size and the incidence of infection. Kolmogorov Smirnov test results obtained p-value = 0.002 (<α = 0.05), which means that there is a significant relationship between wound depth and the incidence of infection. The Kolmogorov Smirnov test results obtained p-value = 0.267 (> α = 0.05), which means that there is no significant relationship between the wound edges and the incidence of infection. Conclusion and suggestion that there is a significant relationship between the location, shape, size, and depth of the wound and the incidence of infection. It is hoped that there will be further research with a larger number of samples with in-depth studies.

scholarly journals BANKRUPTCY PREDICTION ANALYSIS USING THE ZMIJEWSKI MODEL (X-SCORE) AND THE ALTMAN MODEL (Z-SCORE)

2020 ◽  
Vol 1 (5) ◽  
pp. 794-806
Author(s):  
Viciwati Viciwati
Keyword(s):  
Financial Distress ◽  
Stock Exchange ◽  
Secondary Data ◽  
Bankruptcy Prediction ◽  
Z Score ◽  
Accuracy Rate ◽  
Financial Reports ◽  
Normality Test ◽  
The Difference ◽  
Score Model

This study aims to identify and analyze the accurate models of Financial Distress in retail companies listed on the Indonesian Stock Exchange in 2014-2018 using the Zmijewski (X-Score) and Altman (Z-Score) Model. The sample used is 70. This study uses secondary data from the 2014-2018 annual financial reports. This study tested the hypothesis using the normality test and the Kruskal Wallis test or the difference test using SPSS version 26. The results of this study indicate that the Zmijewski (X-Score) model is the model that has the highest accuracy rate in predicting bankruptcy with an accuracy rate of 90%.

scholarly journals Pengaruh Ukuran Perusahaan, Financial Leverage, Profitabilitas dan Nilai Saham pada Tindakan Perataan Laba

2021 ◽  
Vol 23 (1) ◽  
pp. 85-96
Author(s):  
Sigit Adi Nugroho ◽  
Yeni Kuntari ◽  
Triani Triani
Keyword(s):  
Firm Size ◽  
Sampling Method ◽  
Stock Exchange ◽  
Secondary Data ◽  
Income Smoothing ◽  
Test Results ◽  
Financial Leverage ◽  
Financial Reports ◽  
Independent Variables ◽  
Stock Value

The purpose of this study was to analyze the factors that affect income smoothing. The factors examined in this study were firm size, financial leverage, profitability and stock value as the independent variables while income smoothing as the dependent variable. The samples were 11Automotive and Components companies listed on the Indonesia Stock Exchange (IDX) that submitted financial reports consistently in 2014-2018 period. The data used in this study were secondary data using a purposive sampling method. The data analysis in this study used logistic regression analysis. The test results showed that firm size had a significant effect on income smoothing while financial leverage, probability and stock value had no effect on Income smoothing. Simultaneously firm size, financial leverage, profitability and stock value had a significant effect on Income Smoothing of Automotive and Components Companies listed on the Indonesia Stock Exchange in 2014-2018.

scholarly journals The Influence of Financial Ratios, Sukuk Structure and Corporate Governance on Sukuk Ratings

2021 ◽  
Vol 3 (1) ◽  
pp. 29-46
Author(s):  
Yuska Supra Dwitami ◽  
Tulus Suryanto ◽  
Heni Noviarita ◽  
Erike Anggraeni
Keyword(s):  
Corporate Governance ◽  
Financial Services ◽  
Activity Ratio ◽  
Secondary Data ◽  
Financial Ratios ◽  
Annual Reports ◽  
Observation Data ◽  
Financial Reports ◽  
Leverage Ratio ◽  
Final Sample

This study aims to determine the effect of financial ratios, Sukuk structure, and corporate governance on the rankings of Sukuk issued by companies listed on the Sharia Securities List for the period 2014-2018. This study uses secondary data, namely financial reports and annual reports of companies listed in the 2014-2018 Sharia Securities List, Sukuk ranking data from the website of PT. PEFINDO and data on Sukuk were still circulating during the year of observation from the website of the financial services authority. A total of 34 Sukuk issued by companies listed on the Sharia Securities List during the study period became the population in this study. The sample obtained was 15 Sukuk during 5 years of observation, so that the final sample was obtained as many as 75 observation data. The research results prove that only the profitability ratio variable influences the Sukuk rating. Meanwhile, other variables, namely liquidity ratio, leverage ratio, activity ratio, Sukuk structure, and corporate governance, do not influence the Sukuk rating

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