From 2005 until early 2015, as many as 52 companies perform delisting. Meanwhile, the practice of earnings management will be found on all companies including the delisted companies. Previously earnings management are found on discretionary accruals, but because it is often used and can be detected easily managers began to switch to manipulate earnings through operating activities or real activ…
Penelitian ini membahas kemampuan model Altman Z-score emerging market score (EMS) untuk memprediksi status forced delisting di Bursa Efek Indonesia (BEI). Selanjutnya berdasarkan data forced delisting di Indonesia selama kurun waktu 2004 ? 2015, analisis diskriminan dengan menggunakan variabel Altman Z-score EMS dan tambahan variabel rasio arus kas operasi digunakan untuk menilai perbedaan tin…