Potensi Kebangkrutan Pada Pra-Pandemi dan Masa Pandemi serta Pengaruhnya Terhadap Profitabilitas

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Nurul Safura Sugih Sutrisno Putra


This study aims to identify the potential for bankruptcy in the tourism and recreation industry listed on the IDX in the pre-pandemic and pandemic periods and its effect on profitability. The potential for bankruptcy in this research was measured by the modified Altman Z-Score model, while profitability was measured by return on assets. The research method used is quantitative research with a descriptive-associative approach. The source of data in this study uses secondary data in the form of the company's annual financial statements. The data analysis technique used a modified Altman Z-Score model, panel data regression analysis, classical assumption test, and hypothesis testing. The calculation results show that in the pre-pandemic, on average, the tourism and recreation industry companies were in the safe category with healthy financial conditions, while during the pandemic, the average company was in the gray category with a condition prone to bankruptcy. Based on the result of tests, the potential for bankruptcy has a significant effect on profitability. The greater potential for bankruptcy will affect the smaller profitability value and otherwise, the smaller bankruptcy potential will affect the greater profitability value.

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SAFURA, Nurul; PUTRA, Sugih Sutrisno. Potensi Kebangkrutan Pada Pra-Pandemi dan Masa Pandemi serta Pengaruhnya Terhadap Profitabilitas. SAR (Soedirman Accounting Review) : Journal of Accounting and Business, [S.l.], v. 7, n. 1, p. 51-62, june 2022. ISSN 2598-0718. Available at: <http://jos.unsoed.ac.id/index.php/sar/article/view/6366>. Date accessed: 01 mar. 2024. doi: https://doi.org/10.32424/1.sar.2022.7.1.6366.

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