Bankruptcy Prediction Analysis on the Manufacturing Companies Listed in Indonesia Stock Exchange

DOI

10.2991/aebmr.k.200915.054How to use a DOI?

Keywords

activity ratio, bankruptcy, debt structure, liquidity, profitability, solvency

Abstract

This research aims to determine the effect of liquidity, profitability, debt structure, solvency and activity ratio to bankruptcy prediction. The sample used in this research is a manufacturing company that in listed on the Indonesian Stock Exchange (IDX) in the period 2012–2016. The amount of the sample in this research amounted to 88 manufacturing companies, by using purposive sampling. The method of data analysis is done by using logistic regression. The result of this research indicate that profitability and activity ratio have a significant negative effect on bankruptcy, while liquidity, debt structure and solvency have no impact on bankruptcy. The higher a company has a profitability and activity ratio can reduce the risk of bankruptcy and the return on investment obtained by investors will tend to be high.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Henny Setyo Lestari
PY  - 2020
DA  - 2020/09/15
TI  - Bankruptcy Prediction Analysis on the Manufacturing Companies Listed in Indonesia Stock Exchange
BT  - Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 233
EP  - 237
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.054
DO  - 10.2991/aebmr.k.200915.054
ID  - Lestari2020
ER  -