ANALYSIS OF FINANCIAL DISTRESS IN PLANTATION COMPANIES ON THE INDONESIA STOCK EXCHANGE FOR THE 2018-2021 PERIOD

<p>This study aims to predict and analyze how the financial distress of companies in plantation sector are listed on Indonesia Stock Exchange 2018-2021 using Altman modified Z-Score, Springate, Zmijewski Grover methods test accuracy predictions by calculating level each number error rates from for 2018-2021. The data analysis method used was Altman's Zmijewski, Grover, paired sample t-test. Based results assessment distress, most accurate predicting is Springate with highest rate 85.00%, then Z-Score an 57. 50%, 38.75% 17.50%</p><p> </p><p><strong>JEL: </strong>Q10; Q13; M10</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0011/a.php" alt="Hit counter" /></p>