PERKEMBANGAN INDIKATOR KEPAILITAN TERHADAP PERUSAHAAN MANUFAKTUR DI INDONESIA PADA STABILITAS SISTEM KEUANGAN

The purpose of this research is to predict the occurrence of bankruptcy on the company's financial ratios to measure financial statement that is used as a predictor. This is done as an early warning to the companies in a state experiencing financial pressures. This research use to be 55 manufacturing company, it contain of 14 failure companies and 41 non-failure companies. Techniques used in this research is logistic regression with chi-square approximation method. The results of this study show that the liquidity ratio, solvency ratios, profitability ratios, and the ratio of the activities contained in the financial statements of the company is able to predict the incidence of bankruptcy. This is reflected in the values contained in the logistic regression of 89.7% accurate, which shows that bankruptcy can be predicted by Logistic Regression Mode