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Minggu, 06 September 2015

THE INFLUENCE OF FINANCIAL DISTRESS (ALTMAN Z SCORE) TO MARKET VALUE EQUITY IN IICG SURVEY COMPANY


THE INFLUENCE OF FINANCIAL DISTRESS (ALTMAN Z SCORE) 
TO MARKET VALUE EQUITY IN IICG SURVEY COMPANY


Muhamad Agus Sudrajat, SE., M.Si
agus_sudrajat84@yahoo.com

ABSTRACT

The purpose of this study is to provide empirical evidence that the Financial Distress (Altman Z Score) significantly influence Market Value Equity (MVE) on IICG Survey Company.

This study uses secondary data, that the financial statements of companies listed on the Stock Exchange the period 2008-2011. Data were collected using Content Analysis. The sampling technique using purposive sampling method , the number of samples in this study were 63 companies IICG. Hypothesis testing is done by using linear regression analysis.

The results show, that the Financial Distress (Altman Z Score) no significant impact on Market Value Equity (MVE) on a survey company IICG 2008-2011.

Keywords : Financial Distress (Altman Z Score), Market Value Equity (MVE)