ANALISIS PERBANDINGAN MODEL TAFFLER, GROVER DAN ZMIJEWSKI DALAM MEMPREDIKSI KEBANGKRUTAN
DOI:
https://doi.org/10.54199/70jws287Keywords:
Bankruptcy Prediction, Taffler Model, Grover Model, Zmijewski ModelAbstract
This study aims to determine bankruptcy prediction using the Taffler, Grover, and Zmijewski models for food and beverage companies listed on the Indonesia Stock Exchange for the 2020-2023 period. This study is a quantitative study using secondary data published by the Indonesia Stock Exchange. The research sample consisted of 20 companies. The data collection method used documentation methods with data analysis of bankruptcy prediction calculations using the Taffler, Grover, and Zmijewski models. The results showed that the Taffler method categorized 16 companies as not experiencing potential bankruptcy and 4 companies as having potential bankruptcy. The Grover model categorized 19 companies as not experiencing potential bankruptcy and 1 company as having potential bankruptcy. The Zmijewski model categorized 19 companies as not experiencing potential bankruptcy and 1 company as having potential bankruptcy. Of the three bankruptcy analysis models, the Taffler model was considered superior in predicting bankruptcy compared to the other methods. This demonstrates the importance of corporate transparency in presenting complete annual reports, including providing calculations of company bankruptcy predictions so that investors can analyze and use them as evaluation material before investing. Companies showing signs of bankruptcy can still consider and develop their financial activities, as well as introduce new or interesting ideas to help the company grow and avoid the risk of bankruptcy.
References
Fandini, I. P. (2023). Kinerja Keuangan Perusahaan Manufaktur Makanan dan Minuman. Business, Accounting and Management Journal (BAMJ), 01(01), 49–73.
Farha, F. (2022). Perbandingan tingkat keakuratan model prediksi kebangkrutan (model altman, springate, zmijewski, grover, dan taffler). Jurnal Solid ASM Mataram, 12(1), 1–7.
Hia, O., & Rahmani, H. F. (2022). Unsur Yang Mempengaruhi Profitabilitas Pada Perusahaan Food and Beverages Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2021. Jurnal Audit Dan Perpajakan (JAP), 2(2), 89–100.
Laksmana, K. A. R. I., & Darmawati, A. (2019). Analisis Uji Akurasi Model Grover, Springate, dan Zmijewski dalam Memprediksi Kebangkrutan Perusahaan Delisted di BEI. Jurnal Magister ManajemenUnram, 8(1), 1–11.
Margali, Edward, G., Rate, P. Van, & Maramis, J. B. (2017). Analisis Akurasi Model Prediksi Financial Distress Altman, Springate, Ohlson dan Grover (Studi Kasus pada Perusahaan PT. Dayaindo Resources International Tbk dan PT. Surabaya Agung Industri Kertas dan Pulp Tbk yang Telah Bangkrut). Jurnal EMBA, 5(2), 1493–1502.
Masdiantini, P. R., & Warasniasih, N. M. S. (2020). Laporan Keuangan dan Prediksi Kebangkrutan Perusahaan. Jurnal Ilmiah Akuntansi, 5(1), 196.
Nasmi, W., & Afriyenti, M. (2021). Analisis Prediksi Kebangkrutan pada Perusahaan Manufaktur Sub Sektor Food & Beverages Yang Terdaftar di Bursa Efek Indonesia: Menggunakan Model Altman, Springate dan Grover. Jurnal Eksplorasi Akuntansi, 3(4), 749–763.
Pangkey, P. C., Saerang, I. S., & Maramis, J. B. (2018). Analisis Prediksi Kebangkrutan dengan Menggunakan Metode Altman dan Metode Zmijewski Pada Perusahaan Bangkrut yang Pernah Go Public di Bursa Efek Indonesia. Jurnal EMBA, 6(4), 3178–3187.
Panjaitan, H. P., & Hendra. (2021). the Comparison Analysis of Bankruptcy Prediction of Altman, Springate, Zmijewski & Grover Models in Agriculture Sector Companies in Idx 2014 - 2019 Period. Jurnal Bisnis Terapan, 1(1), 100–110.
Prakoso, W. H., Ulupui, I. G. K. A., & Perdana, P. N. (2022). Analisis Perbandingan Model Taffler, Springate, dan Grover dalam Memprediksi Kebangkrutan Perusahaan. Jurnal Akuntansi , Perpajakan Dan Auditing, 3(1), 1–15.
Putri, N. G. S., Akadiati, V. A. P., & Sinaga, I. (2023). Analisis Penerapan Prinsip–prinsip Good Corporate Governance Pada Usaha Kecil dan Menengah (Studi Pada UKM Restoran/Rumah Makan/Kafe di Daerah Cikupa Tangerang). ECo-Fin, 4(1), 1–9.
Riesmiyantiningtias, N., Amalia, R., Abdurrachman, & Kusuma, A. B. (2023). Analisa Perbandingan Prediksi Financial Distress Dengan Metode Altman Z-Score, Springate,Zmijewsky dan Taffler Sebelum & Sudah Pandemi Covid-19. AKRAB JUARA, 8(178–193).
Sakinah, N. N. T., & Puji, M. (2021). Analisis Prediksi Kebangkrutan Dengan Menggunakan Metode Altman Z-Score, Zmijewski, Springate Dan Grover Pada PT. Smartfren Telecom Tbk. E-Bisnis : Jurnal Ilmiah Ekonomi Dan Bisnis, 14(2), 45–52.
Sandra, C. U., Rokhmawati, A., & Martabar Mangatas Lumbanraja, M. (2023). Perbandingan Model Prediksi Kebangkrutan Sektor Barang Konsumen Primer Indonesia. Jurnal Visionida, 9(1), 17–31.
Saputra, G., Widodo, T., & Puspita, M. E. (2023). Analisis Metode Springate, Zmijewski, Altman Z-Score Dalam Memprediksi Kebangkrutan. Journal Of Social Science Research, 3(2), 11118–11132.
Sari, M. P., & Yunita, I. (2019). Analisis Prediksi Kebangkrutan Dan Tingkat Akurasi Model Springate, Zmijewski, Dan Grover. JIM UPB (Jurnal Ilmiah Manajemen Universitas Putera Batam), 7(1), 69–77.
Siswanto, Ramadhani, P., Romadon, & Aulia, S. (2021). Analisis Prediksi Kebangkrutan Menggunakan Model Altman, Springate, Dan Zmijewski Pada Perusahaan Farmasi. Jurnal Manajemen Dan Bisnis, 1(2), 93–102.
Sudarman, Efni, Y., & Savitri, E. (2020). Perbandingan Analisis Prediksi Kebangkrutan Model Springate’s, Fulmer, Foster dan Altman Z-Score (Studi pada Perusahaan Sektor Non Keuangan yang Terdaftar di Bursa Efek Indonesia). Jurnal Ekonomi KIAT, 31(1), 1–7.
Widiasmara, Rahayu, A., & Catur, H. (2019). Perbedaan Model Ohlson, Model Taffler Dan Model Springate Dalam Memprediksi Financial Distress. Inventory: Jurnal Akuntansi, 3(2), 141.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Shara Agustin Anggi Yana, Tri Widodo, Maria Entina Puspita
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
