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Use of the Altman Z-score Method to Predict the Bankruptcy of a Construction Service Company listed on the Stock Exchange in 2013-2017


Diah Andari and Citra Mariana
Abstract

Entering the 21st century, the world of development in Indonesia is increasingly lively, the construction sector has a high enough role for economic growth of 28%. In addition, construction business in Indonesia continues to increase, reaching 20-30%. The development sector is one of the potential sectors for national development because it is able to bring in government revenues both at central and regional levels. The Construction Sector is able to produce multiple (multiple effects) on improving welfare, both directly (through field work) and directly (through its contribution to the national GDP) this is supported by the Indonesian state which has become a member of the MEA.

Volume 11 | 03-Special Issue

Pages: 309-314