1Suryana

Abstract

This paper aims to examine the effect of bankruptcy predictions by the Altman Z-Score formulas to stock prices. This research was conducted on the basis of the phenomenon of retail companies throughout the period 2013-2017. This type of research is causal explanatory. The research population is 21 retail companies. The results showed that the prediction of bankruptcy using the Altman Z-score forumulas had a significant effect on stock prices in retail companies

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