Financial Distressproperty and Real Estate Sector Companies Listed on the Indonesia Stock Exchange Before and During the Covid 19 Pandemic

Authors

  • Rakhmat Ramdhany Hunta Student of the Master of Management Study Program, Faculty of Economics and Business, Sam Ratulangi University
  • Sri Murni Lecturer in the Master of Management Study Program, Faculty of Economics and Business, Sam Ratulangi University
  • Joy Elly Tulung Lecturer in the Master of Management Study Program, Faculty of Economics and Business, Sam Ratulangi University

DOI:

https://doi.org/10.51699/ajdes.v23i.610

Keywords:

Altman Z Score, Zmijewski X Score, Covid 19, property and real estate companies

Abstract

The purpose of this study was to determine the difference between the potential for financial distress in property and real estate companies before the covid 19 pandemic and during the covid 19 pandemic. This type of research is a comparative analysis using quantitative methods. The data used is secondary data taken from the official website of the Indonesia Stock Exchange. This study took the population of property and real estate companies listed on the Indonesia Stock Exchange as 33 companies (purposive sampling). The variables used are as many as 2 variables, namely Altman Z score and Zmijewski X Score. The statistical test used in this study is the Paired Sample t-test which aims to find a comparison of two paired groups. Based on the results of the study.

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Published

2022-11-30

How to Cite

Hunta, R. R. ., Murni , S. ., & Tulung , J. E. . (2022). Financial Distressproperty and Real Estate Sector Companies Listed on the Indonesia Stock Exchange Before and During the Covid 19 Pandemic. Academic Journal of Digital Economics and Stability, 23, 101–111. https://doi.org/10.51699/ajdes.v23i.610

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