Financial Distress and Bankruptcy Prediction Research in Indonesia: Last 20 Years

DOI

10.2991/978-94-6463-066-4_20How to use a DOI?

Keywords

Financial distress; Bankruptcy prediction; Bibliography; Literature review

Abstract

Research on financial distress and bankruptcy prediction is an interesting topic to examine. This can be seen from the many studies on this topic. The emergence of many economics, management, and accounting journals in Indonesia has tried to document and evaluate the results of bankruptcy prediction models. The purpose of this research is to provide empirical evidence on the study of financial distress and bankruptcy prediction in Indonesia. This research is a type of bibliographic study. This study analyzed 100 articles on financial distress, bankruptcy prediction, and the similar from 41 nationally accredited journals indexed by Sinta 1 and Sinta 2 from 2002 to 2021. The approach used in this research is charting the field. Researchers used this approach in mapping financial distress research over the past 20 years based on accredited journals in Indonesia. The results of financial distress and bankruptcy prediction research are mostly published by the Accounting Analysis Journal (AAJ). As many as 72% of research articles use financial distress and bankruptcy prediction as dependent variables. The most widely used research method is the analytical method with the object of research on manufacturing companies. Interest Coverage Ratio (ICR) is the most widely used indicator of financial distress assessment and bankruptcy prediction after Altman Z-Score and Modified Z-Score - EM Score.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Nikke Yusnita Mahardini
AU  - Bandi Bandi
AU  - Payamta
AU  - Setianingtyas Honggowati
PY  - 2022
DA  - 2022/12/26
TI  - Financial Distress and Bankruptcy Prediction Research in Indonesia: Last 20 Years
BT  - Proceedings of the International Colloquium on Business and Economics (ICBE 2022)
PB  - Atlantis Press
SP  - 231
EP  - 240
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-066-4_20
DO  - 10.2991/978-94-6463-066-4_20
ID  - Mahardini2022
ER  -