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)