This study aims to develop an Early Warning Indicator (EWI) that can provideearly signals in the presence of pressure on the financial condition of the corporatesector. Thus, efforts to prevent deeper deterioration can be anticipated earlier inorder to maintain the stability of the financial system. In the first stage, based on thecompany’s financial reports, the probable indicators are grouped into four categoriesi.e. liquidity indicator, solvency indicator, profitability indicator and activity indicator.The indicators, selected as EWI, are the indicators that can predict the occurrence ofcorporate distress events, in the Q1 of 2009, with the minimum statistical error. Theresults of the statistical evaluation showed that in terms of aggregate, the indicators ofDebt to Equity Ratio (DER), Current Ratio (CR), Quick Ratio (QR), Debt to Asset Ratio(DAR), Solvability Ratio (SR) and Debt Service Ratio (DSR) signal within a year beforea distress event occurs in the Q1 of 2009. Thus, these indicators can be considered asEWI in the presence of corporate financial distress.
| Published by | Bank Indonesia |
| Journal Name | Buletin Ekonomi Moneter dan Perbankan |
| Contact Phone | - |
| Contact Name | - |
| Contact Email | - |
| Location | Kota adm. jakarta pusat, Dki jakarta INDONESIA |
| Website | BEMP| https://www.bmeb-bi.org/index.php/BEMP| |
| ISSN | ISSN : 14108046, EISSN : 24609196, DOI : -, |
| Core Subject | |
| Meta Subject | |
| Meta Desc | The Buletin Ekonomi Moneter dan Perbankan/Bulletin of Monetary Economics and Banking (BMEB) is an international peer-reviewed journal. This is a quarterly journal, published in January, April, July and August. The BMEB focuses on a broad range of topics covering monetary economics, banking, macro-prudential, payment systems, financial stability, financial markets, and economic growth (including policy coordination) that are of global relevance. This BMEB’s scope is global and the journal endeavors to publish high quality research that makes a contribution to the literature and/or has an impact on policy making. In this regard, the BMEB welcomes research papers from both central bank and non-central bank economists, academics and policy makers. |
| Penulis | Abubakar, Arlyana , Astuti, Rieska Indah , Oktapiani, Rini |
| Publisher Article | Bank Indonesia |
| Subtitle Article | Buletin Ekonomi Moneter dan Perbankan Vol 20 No 3 (2018): JANUARY 2018 |
| Scholar Google | http://scholar.google.com/scholar?q=%2Bintitle%3A&… |
| View Article | https://www.bmeb-bi.org/index.… |
| DOI | https://doi.org/10.21098/bemp.v20i3… |
| DOI Number | DOI: 10.21098/bemp.v20i3.857 |
| Download Article [1] | https://www.bmeb-bi.org/index.php/BEMP/a… |
| Download Article [2] | http://download.garuda.ristekdikti.go.id… |
Informasi yang terkait dengan Selection of Early Warning Indicator to Identify Distress in The Corporate Sector: Crisis Prevention Strengthening Efforts
K-pop Selection 2PM Member's Selection Best Selection 2010 5x5 The Best Selection of 2002-2004 Best Selection Non Stop Mix Selection Project The Descent of Man, and Selection in Relation to Sex 392 ~mikuni shimokawa BEST SELECTION~ From Now On New Songs + Best Selection The Genetical Theory of Natural Selection Seleksi yang merugikan On the Tendency of Species to form Varieties; and on the Perpetuation of Varieties and Species by Natural Means of Selection