Potensi Financial Distress Bank Umum Syariah di Indonesia

Authors

  • Nelmida Nelmida STIE Indonesia Banking School

DOI:

https://doi.org/10.35384/jemp.v5i3.157

Keywords:

Financial Distress, Bank Umum Syariah, OJK, Z Score Altman

Abstract

Penelitian ini bertujuan untuk mengidentifikasikan potensi financial distress Bank Umum Syariah di Indonesia. Populasi penelitian ini adalah seluruh Bank Umum Syariah yang terdaftar pada Otoritas Jasa Keuangan (OJK) kecuali Bank Pembangunan Daerah Syariah. Teknik sampling yang digunakan adalah dengan teknik purposive sampling dengan jumlah sampel 11 Bank mum Syariah dengan periode penelitian dari tahun 2015 sampai 2018. Model analisis yang digunakan untuk menditeksi potensi financial distress adalah model Z Score Altman yang dimodeifikasi untuk perusahaan non manufacture yang tidak terdaftar pada pasar modal. Berdasarkan hasil analisis data diperoleh 10 (sepuluh) Bank Umum Syariah yaitu PT. Bank BNI Syariah, PT. Bank Syariah Mandiri, PT. Bank Mega Syariah, PT. Bank Maybank Syariah Indonesia, PT. Bank Victoria Syariah, PT. Bank BRI Syariah, TBK, PT. Bank Panin Dubai Syariah, TBK, PT. Bank Syariah Bukopin, PT. Bank BCA Syariah, dan PT. Bank Tabungan Pensiunan Nasional Syariah dengan kondisi sehat atau berada pada area Safe Zone, sedangkan 1(satu) Bank Umum Syariah PT. Bank Muamalat Indonesia Tbk dengan kondisi kurang sehat atau berada pada area Grey Zone

References

Adnan, Muhammad Akhyar dan Eha Kurniasih. (2000). Analisis Tingkat Kesehatan Perusahaan Untuk Memprediksi Potensi Kebangkrutan Dengan Pendekatan Altman. Jurnal Auditing dan Akuntansi Indonesia. Volume 4. No. 2 Desember. Yogyakarta.

Altman E.I., Saunders A. (1998): Credit risk measurement: Developments over the last 20 years. Journal of Banking and Finance, vol. 21, p. 1721–1742

Altman, (2000)., Predicting Financial of Companies, Revisting the Z-Score and Zeta Model. www.default Risk.com

Altman, E.I Małgorzata Iwanicz-Drozdowska, Erkki K. Laitinen, (2014), Distressed Firm and Bankruptcy prediction in an international context: a review and empirical analysis of Altman’s Z-Score Model, www.googlescholar

Altman, E.I. (1983): Corporate Financial Distress. A Complete Guide to Predicting, Avoiding, and Dealing with Bankruptcy (Wiley Interscience, John Wiley and Sons); also see E. Altman & E. Hotchkiss, (2006)., Corporate Financial Distress & Bankruptcy , 3rd edition, John Wiley.

Altman, E.I., Rijken, H. (2011): Toward a Bottom-Up Approach for Assessing Sovereign Default Risk . Journal of Applied Corporate Finance, vol. 23, no. 1, pp. 20-31.

Altman, Edward I (1968). Corporate Financial Distress and Bankruptcy. New York : Wiley.

Altman, I, Edward. (1998). Financial Ratios, Discriminant Analysis and The Prediction of Corporate Bancrupty; The Journal of Finance Vol. XXIII. September 1968 pp 589-609.

Argyris A. (2006). Predicting financial distress using Neural Networks:Another episode to the serial?, Thesis of Master of Degree, Hanken, Swedish School of Economic and Business Administration, Department of Accounting. Foster G., 1986. Financial Statement Analysis. 2nd edition. USA : Prentice Hall Int. Inc.

Beaver, W.H., (1966). Financial ratios as predictors of failure. J. Account Res., 4(1): 71-111.

Endri., (2009)., Prediksi Kebangkrutan Bank untuk Menghadapi dan Mengelola Perubahan Lingkungan Bisnis: Analisis Model Altman’s Z-Score. Perbanas Quarterly Review, Vol. 2 No. 1 Maret

Fitzpatrick, F. (1932) A Comparison of Ratios of Successful Industrial Enterprises with Those of Failed Firm. Certified Public Accountant, 6, 727-731

Foster G., 1986. Financial Statement Analysis. 2nd edition. USA : Prentice Hall Int. Inc.

Herlin, (2018), The Prediction of Bankruptcy Using Altman Z-Score Model (Case Study In BRI Bank, BNI Bank, Mandiri Bank, BTN Bank) Integrated Journal of Business and Economics e-ISSN: 2549-3280, http://ijbe-research.com

Hilyatin Dewi Laela, dan Prasdiwi Eriska (2017), Analisis Prediksi Potensi Kebangkrutan Pada Pt Bank Muamalat Indonesia Tbk Periode 2012-2016 dengan Menggunakan Metode Altman Modifikasi, El Jizya (Jurnal Ekonomi Islam) Vol 5. No 2,

Ihsan, D. N., & Kartika, S. P. (2015). Potensi Kebangkrutan Pada Sektor Perbankan Syariah Untuk Menghadapi Perubahan Lingkungan Bisnis. Etikonomi, 113-146

Iqbal Muhammad, Riyadi Selamet, Sabrianti Priska, dan Afidah Afifah Nur (2018), Pemetaan Tingkat Kesulitan Keuangan Bank Syariah Di Indonesia, Jurnal Economia, Volume 14, Nomor 2

Junaidi, J. (2016). Pengukuran Tingkat Kesehatan dan Gejala Financial Distress Pada Bank Umum Syariah di Indonesia. Jurnal KINERJA, 20(1), 42–52. http://ojs.uajy.ac.id/index.php/kinerja/article/view/696

Luciana, S. A. dan Winny, Herdiningtyas. (2005). Analisis Rasio CAMEL terhadap prediksi kondisi bermasalah pada lembaga perbankan periode 2000-2002. Jurnal Akuntansi dan Keuangan, Vol 7, No. 2

Merwin, C.L. (1942) Financing Small Corporations in Five Manufacturing Industries, 1926-1936: A Dissertation in Economics. Financing Small Corporations in Five Manufacturing Industries, 1926-36. National Bureau of Economic Research.

Ohlson, J., (1980). Financial ratios and the probabilistic prediction of bankruptcy. J. Account. Res., 18: 109-131.

Plat, H., dan H.B. Platt., (2002). Predicting Financial Distress. Journal of Financial Service Profesionals, 56 : 12-15.

Ramser, J. & Foster, L. (1931). A Demonstration of Ratio Analysis, Bulletin 40, Bureau of Business Research, University of Illinois, Urbana.IL.

Rohmah, Siti (2015),. Analisis Prediksi Potensi Financial Distress Pada Bank Umum Syariah Menurut Metode Altman Z-Score (Periode 2012-2013),. http://repository.unisba.ac.id/handle/123456789/4600

Ross et al,.(2010). Fundamental of Corporate Finance, (9th Edition). New York : McGraw-Hill

Sekaran, U., (2005), Research Methods for Business, Prentice Hall Int. Inc

Smith, R. and Winakor, A. (1935) Changes in the Financial Structure of Unsuccessful Corporations.

Weston J. F. dan Brigham,. (2003). Fundamental Financial Management,. Prentice Hall Int. Inc.

Zavgren, Christine V; Friedman, George E. (1988). Are Bankruptcy Prediction model Worthwhile? An Application in Securities Analysis. Management International Review. 28.1; ABI/ INFORM Global pg.34.

Zmijewski, M.E. (1984) Methodological Issues Related to the Estimation of Financial DistressPrediction Models. Journal of Accounting Research, 22, 59-82.

Downloads

Published

2020-01-28

Issue

Vol. 5 No. 3 (2019): Jurnal Ekonomi, Manajemen dan Perbankan (Journal of Economics, Management and Banking)

Section

Articles

License

Authors who publish with this journal agree to the following terms:

  • Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work to acknowledge the work's authorship and initial publication in this journal.
  • Authors can enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book) with an acknowledgment of its initial publication in this journal.
  • Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) before and during submission. It can lead to productive exchanges and earlier and greater citation of published work.
Abstract Views: 1368 | File Downloads: 997