Abstract
The transportation and logistics sector in Indonesia during the pandemic was a sector that was negatively affected. Therefore, this study aimed to analyze the implementation of the Altman Z-Score method during the Covid-19 pandemic in the transportation and logistics sector. The sample in this study was taken by purposive sampling method, where the selected sample was 18 companies. The data were analyzed by quantitative descriptive analysis with the data sources in the research in the form of literature studies and documentation. The results of this study can be seen that as many as 9 companies in 2018 were in a state of bankruptcy, in 2019 as many as 8 companies were in a state of bankruptcy and in 2020 as many as 10 companies were in a state of bankruptcy based on the criteria of the Altman Z-Score. However, companies that are in a bankrupt position can survive because of the strategy the company does every year.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
