Kajian Model Springate Pada Kelompok Saham Jakarta Islamic Index Periode 2013-2017

Windu Anggara; M. Syukri Albani Nasution

doi:10.30829/ajei.v6i2.4810

Kajian Model Springate Pada Kelompok Saham Jakarta Islamic Index Periode 2013-2017

Windu Anggara, M. Syukri Albani Nasution

Abstract

This study aims to find out and analyze the health condition of the company based on the magnitude of the predicted value using financial ratios in the Springate model. The research method used is descriptive analysis method with a quantitative approach. The research population is all companies listed in Jakarta Islamic Index (JII), amounting to 30 companies, using purposive sampling. The analysis technique used is the analysis of financial statements with the Springate model (S-Score) which aims to find out companies that experience financial distress and bankruptcy. The results showed that there were several companies in 2013 and 2014 that experienced bankruptcy, namely 16.67%, then increased to 26.67% in 2016, and the most significant occurred in 2015 and 2017, namely 30.00%

Keywords

Springate; Saham; Jakarta Islamic Index

Full Text:

PDF

References

Abdullah, Thamrin dan Francis Tantri, Bank dan Lembaga Keuangan, Jakarta : Rajawali Pers, 2013

Ary, Monica Rahardian H, Studi Potensi Kebangkrutan Perusahaan Publik di Indonesia, Tesis, Semarang : Pascasarjana Universitas Diponegoro, 2004

Hanafi, Mamduh M. dan Abdul Halim, Analisa Laporan Keuangan, (Yogyakarta: UUP AMP YKPN, 2005), h. 207

_______________, Manajemen Keuangan, (Yogyakarta : BPFE, 2004), h. 654

Huda, Nurul dan Mustafa Edwin Nasution, Investasi Pada Pasar Modal Syariah, Edisi Revisi, Jakarta : Kencana, 2008

Husein, M. Fakhri dan Galuh Tri Pambekti, Precision of the Models of Altman, Springate, Zmijewski and Grover for Predicting the Financial Distress, Journal of Economics, Business and Accountancy Ventura, Vol. 1, No. 3, 2014

Kasmir, Analisis Laporan Keuangan, Jakarta : Rajawali Pers, 2009

Munawir, S., Analisa Laporan Keuangan, Yogyakarta : Liberty Yogyakarta, 2004

Najmudin, Manajemen Keuangan dan Aktualisasi Syariah Modern, Yogyakarta: Andi Offset, (tanpa tahun)

Nikmah dan Dinna Dwi Sulestari, Prediksi Financial Distress Untuk perusahaan Besar Dan Kecil di Indonesia Perbandingan Ohlson Dan Altma, Jurnal Fairness, Volume 4, Nomor 1, 2014

PT. Bank Muamalat Indonesia Tbk, Annual Report 2017, ―Industry Review: Management Discussion and Analysis, Diakses melalui http://www.bankmuamalat.com, pada 17 Januari 2018, pukul 09.07 Wib

Safri, Sofyan, Akuntansi Islam, Jakarta : Bumi Aksara, 2004

Shahdoust, Hanieh, Mohammad Reza Karimi Pouya dan Bahzed Parvizi, A Study of Brankrupcy of Altman Adjusted and Zavgren Models in Firms Accepted in Tehran Stock Exchange (Based on Altman Adjusted Model by Kordestani and Colleagues), World Essays Journal, 3 (2), 2015

Shaukat, Arzish dan Hinas Affandi, Impact Of Financial Distress On Financial Performance a Study Related to Pakistan Corporate Sector, International Journal of Curret Research, Vol. 7, Issue, 02, 2015

Syahathah, Husein, Pokok - pokok Akuntansi Islam, Jakarta : Akbar, 2001

Yasser, Qaiser Rafique dan Abdullah Al Mamun, Corporate Failure of Public listed Companies in Malaysia, Europen Researcher, Vol. 91, No. 2, 2015

DOI: http://dx.doi.org/10.30829/ajei.v6i2.4810