Bankruptcy Analysis of Transportation Companies Listed on the Indonesian Sharia Stock Index (ISSI) Using the Springate and Grover Method Before and During the Pandemic Covid-19

Authors

  • Indra Kurniawan Universitas Darussalam Gontor, Department of Management

DOI:

https://doi.org/10.21111/ibmj.v7i1.12020

Keywords:

Bankruptcy, Springate, Grover, Financial Reports

Abstract

This research aims to compare the Springate and Grover bankruptcy models, evaluating their accuracy in predicting bankruptcies among transportation sector companies listed on the Indonesian Sharia Stock Index (ISSI) before and during Covid-19 (2018-2021). Conducted as quantitative research, the study utilizes secondary financial report data. Findings reveal significant differences between the two models, with the Grover method demonstrating higher accuracy in predicting bankruptcy among transportation sector companies on ISSI before and during the pandemic. Keywords: Bankruptcy, Springate, Grover, Financial Reports.

References

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Published

2024-06-27

How to Cite

Kurniawan, I. (2024). Bankruptcy Analysis of Transportation Companies Listed on the Indonesian Sharia Stock Index (ISSI) Using the Springate and Grover Method Before and During the Pandemic Covid-19. Islamic Business and Management Journal, 7(1), 54–62. https://doi.org/10.21111/ibmj.v7i1.12020

Issue

Vol. 7 No. 1 (2024): IBMJ | June

Section

Articles

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