Interdisciplinar y Behavior and Social Sciences – Lumban Gaol (Ed.)
© 2015 Taylor & Francis Group, London, ISBN 978-1-138-02735-0
Financial distress prediction on public listed banks in Indonesia
stock exchange
Dionysia Kowanda, Rowland Bismark Fernando Pasaribu & Muhammad Firdaus
Faculty of Economics, Gunadarma University
ABSTRACT: A financial distress of company should be able anticipated smartly by its management to rerun
the business without having any loss due to business failure. Thus, we need a model which could provide an early
signal to company the probability of financial distress so that remedial efforts can be run immediately.This study
aims to explore CAMEL’s ratio as an early classificator, and also to reexamine the capacity of CAMEL ...