Kebangkrutan Perusahaan Menggunakan Model Altman dan Zavgren pada Perusahaan Food And Beverages

Authors

  • Yeni Agustina Universitas Sebelas Maret
  • Rahmawati Rahmawati Universitas Sebelas Maret

DOI:

https://doi.org/10.21512/tw.v11i1.696

Keywords:

company bankruptcy, altman model, zavgren model, food and beverages

Abstract

The purpose of this research is to show the illustration of the financial performance in food and beverages companies during the years 2001, 2002, 2003, 2004, and 2005. Since the Indonesian economic crisis which began in middle 1997, most of industry sectors, including food and beverages companies, had some constraints in producing and actualizing their products. One of the important things in making decisions for company managers, creditors, and the future investors is the bankruptcy analysis model to predict company’s bankruptcy. This research used two models developed by Edward I. Altman (Model Z-Score) and Christine V. Zavgren (Logit Model). The result of this research is, generally, the financial conditions of the food and beverages companies are in bad conditions. This situation is connected with the low profitability, liquidity, and activity rates of those companies.

Dimensions

Plum Analytics

Author Biographies

Yeni Agustina, Universitas Sebelas Maret

Jurusan Akuntansi, Fakultas Ekonomi

Rahmawati Rahmawati, Universitas Sebelas Maret

Jurusan Akuntansi, Fakultas Ekonomi

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Published

2010-03-31

How to Cite

Agustina, Y., & Rahmawati, R. (2010). Kebangkrutan Perusahaan Menggunakan Model Altman dan Zavgren pada Perusahaan Food And Beverages. Journal The Winners, 11(1), 12-25. https://doi.org/10.21512/tw.v11i1.696
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