| Pengarang : | Pananda Pasaribu; Wilson R.L. Tobing; Adler Haymans Manurung |
| Sumber : | Jurnal keuangan dan perbankan Perbanas Jakarta |
| Penerbit : | Institut Keuangan Perbankan dan Informatika Asia Perbanas ; Perhimpunan Bank Umum Nasional |
| Tahun Terbit Artikel: | 2009 |
| Volume : | 11 |
| No : | 1 |
| Halaman : | 50-60 |
| Kata Kunci : | Ratio analysis; Corporations |
| Sari : | |
| Abstrak : | Default probability information is very important for investor and creditor. By using Mertons Model the result show some large company have high default probability, especially Bakrie and Brothers subsidiaries. The result panel regression shows that liquidity ratio (cash to current asset ratio) and solvency ratio (debt to asset ratio) are the most important ratio to explain default probability. Profitability ratio (net profit margin ratio) also can be good measure to predict Mertons default probability. This result shows that accounting information is still useful for investor and creditor to predict credit default. |
Friday, June 24, 2011
Estimasi Probabilitas Default Perusahaan dan Hubungannya dengan Rasio Keuangan
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