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P. Pujiono

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Open access Jul 2026

Altman Z-Score Analysis in Predicting Financial Distress and Its Impact on Firm Value

This study examines the effect of financial distress, measured by the Altman Z-Score, on firm value among property sector companies listed on the Indonesia Stock Exchange during 2022–2024. Liquidity, operating cash flow, and leverage are included as control variables to provide a more comprehensive understanding of the...

Muhammad Figo Yosawiyata, P. Pujiono · 0 citations

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