DAFTAR PUSTAKA Analisis Faktor-faktor yang Mempengaruhi Keberhasilan Turnaround pada Perusahaan yang Mengalami Financial Distress (Studi pada Perusahaan Manufaktur yang Terdaftar di BEI Tahun 2010-2014).
DAFTAR PUSTAKA
Abdullah, Tengku Mohammad Chairal, and Zolkafli Hussin. 2010. “Moderating
Effects of Government Assistance & Turnaround Strategies: A Research
on Private Manufacturing Companies.” Journal of Global Strategic
Management, June, 64–73.
Adnan, Muhammad Akhyar, and Eha Kurniasih. 2000. “Analisis Tingkat
Kesehatan Perusahaan Untuk Memprediksi Potensi Kebangkrutan Dengan
Pendekatan Altman.” Jurnal Akuntansi Dan Auditing Indonesia 4 (2).
Agarwal, and Taffler. 2003. “The Distress Factor Effect in Equity Returns:
Market Mispricing or Omitted Variable?” Working Paper, Cranfield
University School of Management, Cranfield.
Almilia, Luciana Spica, and Kristijadi Kristijadi. 2003. “Analisis Rasio Keuangan
Untuk Memprediksi Kondisi Financial Distress Perusahaan Manufaktur
Yang Terdaftar Di Bursa Efek Jakarta.” Jurnal Akuntansi Dan Auditing
Indonesia 7 (2).
Altman. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of
Corporate Bankruptcy.” Journal of Finance 23 (4).
Arikunto, and Suharsimi. 2006. Prosedur Penelitian : Suatu Pendekatan Praktek.
Jakarta : Rineka Cipta.
Bergstrom, Clas, and Stefan Sundgren. 2002. “Restructuring Activities and
Changes in Performance Following Financial Distress A Study of TwentyEight Firms That Failed During the Swedish Financial Crisis of the
1990s.” SNS Occasional Paper No.88, April.
Brigham, Eugene F., and Louis C. Gapenski. 1993. Financial ManagementTheory and Practice: Blueprints, a Problem Notebook. Dryden Press.
80
Bruton, Garry D., David Ahlstrom, and Johnny C. C. Wan. 2003. “Turnaround in
East Asian Firms: Evidence from Ethnic Overseas Chinese Communities.”
Strategic Management Journal 24 (6): 519–40. doi:10.1002/smj.312.
Candrawati, Ana. 2008. “Analisis Faktor-faktor yang Mempengaruhi
Keberhasilan Turnaround pada Perusahaan yang Mengalami Financial
Distress (Studi Pada Perusahaan Non Keuangan yang Terdaftar di Bursa
Efek Jakarta Tahun 2000-2005).” Semarang : Universitas Diponegoro.
Chen, Chih-Yuan, Hui-Hui Huang, and Shyh-Chyi Wey. 2014. “Interactive Effect
of Turnaround Strategy and Firm-Specific Factor on Turnaround
Performance.” Aktual’ni Problemy Ekonomiky = Actual Problems in
Economics, no. 153: 230.
Chenchehene, Joseph, and Kingsford Mensah. 2014. “Corporate Survival:
Analysis of Financial Distress and Corporate Turnaround of the UK Retail
Industry.” International Journal of Liberal Arts and Social Science 2 (9):
18–34.
Ciorogariu, Eduard, and Andreas Goumas. 2011. “Modeling The Probability of A
Turnaround.” Lund University.
DeWitt, Rocki Lee. 1998. “Finn. Industry, and Strategy Influences on Choice of
Downsizing Approach.” Strategic Management Journal 19 (January).
Dodyk, Lawrence N., Sara DeSmith, and Keith Kaiser. 2014. “Mergers &
Acquisitions — a Snapshot Changing the Way You Think about
Tomorrow’s Deal.” PricewaterhouseCoopers LLP.
Elidawati. 2015. “Analisis Faktor-Faktor Yang Mempengaruhi Keberhasilan
Turnaround Pada Perusahaan Yang Mengalami Financial Distress (Studi
Pada Perusahaan Non Keuangan Yang Terdaftar Di Bursa Efek Jakarta
Tahun 2000-2005).” Medan: Universitas Sumatera Utara.
Emery, Douglas R, John D Finnerty, and John D Stowe. 2004. Corporate
Financial Management (3rd Edition). https://www.abebooks.com/booksearch/author/emery-finnerty-stowe/.
81
Fan, Joseph P.H., Jun Huang, and Ning Zhu. 2013. “Institutions, Ownership
Structures, and Distress Resolution in China.” Journal of Corporate
Finance 23: 71–87.
Francis, John D., and Ashay B. Desai. 2005. “Situational and Organizational
Determinants of Turnaround.” Management Decision 43 (9): 1203–24.
doi:10.1108/00251740510626272.
Freeman, John, Glenn R. Carroll, and Michael T. Hannan. 1983. “The Liability of
Newness: Age Dependence in Organizational Death Rates.” American
Sociological Review 48 (5): 692–710. doi:10.2307/2094928.
Ghozali, Imam. 2013. Aplikasi Analisis Multivariate Dengan Program IBM SPSS
19.
BP
Universitas
Diponegoro.
https://www.researchgate.net/publication/289671928_Aplikasi_Analisis_
Multivariate_Dengan_Program_IBM_SPSS_21_Update_PLS_Regresi.
Gujarati, Damodar. 2003. Basic Econometrics (Ekonometrika Dasar). 4th ed.
McGraw-Hill/Irvin.
Hansen, Anders Vest. 2012. “Corporate Turnaround and Corporate Governance An Empirical Investigation of the Role of Ownership Structure in
Corporate Turnarounds in Western European Firms.” Copenhagen
Business School.
Haveman, Robert, Barbara Wolfe, Brent Kreider, and Mark Stone. 1994. “Market
Work, Wages, and Men’s Health.” Journal of Health Economics 13 (2):
163–82. doi:10.1016/0167-6296(94)90022-1.
Hur-Yagba, A.A., Ibrahim Fari Okeji, and Bello Ayuba. 2015. “Analyzing
Financial Health of Manufacturing Companies in Nigeria Using Multiple
Discriminate Analysis.” International Journal of Managerial Studies and
Research (IJMSR) 3 (7): 72–81.
Johnson, Gerry, and Kevan Scholes. 1997. “Exploring Corporate Strategy, 4th
Ed.” Prentice Hall.
82
Keown, Arthur J. 1999. Dasar-Dasar Manajemen Keuangan. Vol. 1999. /freecontents/index.php/buku/detail/dasar-dasar-manajemen-keuangan-arthur-jkeown-et-al-diindonesiakan-oleh-chaerul-d-djakman-17062.html.
Khaliq, Ahmad, Basheer Hussein Motawe Altarturi, Hassanudin Mohd Thas
Thaker, Md Yousuf Harun, and Nurun Nahar. 2014. “Identifying Financial
Distress Firms: A Case Study of Malaysia’s Government Linked
Companies (GLC).” International Journal 3 (3).
Lestari, Rizki Dwi, and Triani. 2013. “Determinan Keberhasilan Turnaround Pada
Perusahaan Yang Mengalami Financial Distress.” Jurnal Ilmu Manajemen
1 Nomor 4.
Lohrke, and Bedeian. 1998. “Managerial Responses to Declining Performance:
Turnaround Investments Strategies and Critical Contingencies.” Advances
in Applied Business Strategy 3: 3–20.
LoPucki, Lynn M., and Joseph W. Doherty. 2002. “Why Are Delaware and New
York Bankruptcy Reorganizations Failing?” SSRN Electronic Journal.
doi:10.2139/ssrn.303580.
Makgeta, Malose. 2011. “Turnaround Determinants Of Distressed Firms Funded
By
Industrial
Development
Corporation.”
http://www.repository.up.ac.za/handle/2263/24697.
Manimala, Mathew J. 2011. “Successful Turnarounds: The Role of Appropriate
Entrepreneurial Strategies.” WORKING PAPER NO: 337.
Mbugua, Daniel Mungai. 2014. “Critical Success Factors on Turnaround Strategy
of Microfinance Institutions in Kenya.” Strategic Journal of Business &
Change
Management
1
(1).
http://strategicjournals.com/index.php/journal/article/view/11.
Muslich, Mohammad. 2010. Manajemen Keuangan
Perencanaan, Dan Kebijaksanaan. Bumi Aksara.
Modern :
Analisis,
Namiki, Nobuaki. 2012. “The Impact of Slack Reduction on Performance
Turnaround during the Great Recession: The Case of Japanese Electronics
Companies.” 2012 50 (6).
Niresh, Aloy, and Pratheepan. 2015. “The Application of Altman’s Z-Score
Model in Predicting Bankruptcy: Evidence from the Trading Sector in Sri
83
Lanka.” International Journal of Business and Management 10 (12): 269.
doi:10.5539/ijbm.v10n12p269.
Nyamboga, Tom Ongesa, Benson Nyamweya Omwario, Antony Murimi Muriuki,
and George Gongera. 2014. “Determinants of Corporate Financial
Distress: Case of Non Financial Firms Listed in the Nairobi Securities
Exchange.” Research Journal of Finance and Accounting 5 (12).
Platt, Harlan D., and Marjorie B. Platt. 2002. “Predicting Corporate Financial
Distress: Reflections on Choice-Based Sample Bias.” Journal of
Economics and Finance 26 (2): 184–199.
Pranowo, Koes, Noer Azam Achsani, Adler H. Manurung, and Nunung
Nuryartono. 2010. “Determinant of Corporate Financial Distress in an
Emerging Market Economy: Empirical Evidence from the Indonesian
Stock Exchange 2004-2008.” International Research Journal of Finance
and Economics 52 (1).
Radjen, Dragana. 2015. “The Analysis of the Effects of Financial Distress on the
Top Management in the Republic of Serbia.” The European Journal of
Applied Economics 12 (1): 19–25. doi:10.5937/ejae12-7977.
Ridhwan, Masagus M. 2015. “Analisis Daya Saing Dan Strategi Industri Nasional
Di Era Masyarakat Ekonomi Asean Dan Perdagangan Bebas.” Working
Paper Bank Indonesia, September.
Riggs, James L. 1976. Production Systems: Planning, Analysis and Control. 2nd
edition. Santa Barbara: John Wiley & Sons Inc.
Riyanto, Bambang. 2011. Dasar-Dasar Pembelanjaan Perusahaan. BPFE
Yogyakarta.
Robbins, D. Keith, and John A. Pearce. 1992. “Turnaround Retrenchment and
Recovery.” Strategic Management Journal 13 (4): 287–309.
Sami, Ben Jabeour. 2016. “Macroeconomic Variables in Financial Distress: A
Non Parametric Method.” International Journal of Finance & Banking
Studies (2147-4486) 2 (3): 103–110.
Smith, Malcolm, and Christopher Graves. 2005. “Corporate Turnaround and
Financial Distress.” Edited by Gerald Vinten. Managerial Auditing
Journal 20 (3): 304–20. doi:10.1108/02686900510585627.
84
Sudarsanam, Sudi. 1995. The Essence of Mergers and Acquisitions. 1st edition.
London ; New York: Prentice Hall PTR.
Sugiyono. 2016. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Alfabeta
Bandung.
Ufo, Andualem. 2016. “Impact of Financial Distress on the Liquidity of Selected
Manufacturing Firms of Ethiopia.” Journal of Poverty, Investment and
Development 16.
Whitaker, Richard B. 1999. “The Early Stages of Financial Distress.” Journal of
Economics and Finance 23 (2): 123–132.
White, Michelle J. 1989. “The Corporate Bankruptcy Decision.” The Journal of
Economic Perspectives 3 (2): 129–51.
Widarjono, Agus. 2015. Analisis Multivariat Terapan Dengan Program SPSS,
SMOS, Dan SMARTPLS. II. UPP STIM YKPN.
Zeni, Syahida Binti Md, and Rashid Ameer. 2010. “Turnaround Prediction of
Distressed Companies: Evidence from Malaysia.” Journal of Financial
Reporting and Accounting 8 (2).
Zhou, Yanran Annie, Maria H Kim, and Shiguang Ma. 2012. “Survive or Die? An
Empirical Study on Chinese Special Treatment Firms.”
85
Abdullah, Tengku Mohammad Chairal, and Zolkafli Hussin. 2010. “Moderating
Effects of Government Assistance & Turnaround Strategies: A Research
on Private Manufacturing Companies.” Journal of Global Strategic
Management, June, 64–73.
Adnan, Muhammad Akhyar, and Eha Kurniasih. 2000. “Analisis Tingkat
Kesehatan Perusahaan Untuk Memprediksi Potensi Kebangkrutan Dengan
Pendekatan Altman.” Jurnal Akuntansi Dan Auditing Indonesia 4 (2).
Agarwal, and Taffler. 2003. “The Distress Factor Effect in Equity Returns:
Market Mispricing or Omitted Variable?” Working Paper, Cranfield
University School of Management, Cranfield.
Almilia, Luciana Spica, and Kristijadi Kristijadi. 2003. “Analisis Rasio Keuangan
Untuk Memprediksi Kondisi Financial Distress Perusahaan Manufaktur
Yang Terdaftar Di Bursa Efek Jakarta.” Jurnal Akuntansi Dan Auditing
Indonesia 7 (2).
Altman. 1968. “Financial Ratios, Discriminant Analysis and the Prediction of
Corporate Bankruptcy.” Journal of Finance 23 (4).
Arikunto, and Suharsimi. 2006. Prosedur Penelitian : Suatu Pendekatan Praktek.
Jakarta : Rineka Cipta.
Bergstrom, Clas, and Stefan Sundgren. 2002. “Restructuring Activities and
Changes in Performance Following Financial Distress A Study of TwentyEight Firms That Failed During the Swedish Financial Crisis of the
1990s.” SNS Occasional Paper No.88, April.
Brigham, Eugene F., and Louis C. Gapenski. 1993. Financial ManagementTheory and Practice: Blueprints, a Problem Notebook. Dryden Press.
80
Bruton, Garry D., David Ahlstrom, and Johnny C. C. Wan. 2003. “Turnaround in
East Asian Firms: Evidence from Ethnic Overseas Chinese Communities.”
Strategic Management Journal 24 (6): 519–40. doi:10.1002/smj.312.
Candrawati, Ana. 2008. “Analisis Faktor-faktor yang Mempengaruhi
Keberhasilan Turnaround pada Perusahaan yang Mengalami Financial
Distress (Studi Pada Perusahaan Non Keuangan yang Terdaftar di Bursa
Efek Jakarta Tahun 2000-2005).” Semarang : Universitas Diponegoro.
Chen, Chih-Yuan, Hui-Hui Huang, and Shyh-Chyi Wey. 2014. “Interactive Effect
of Turnaround Strategy and Firm-Specific Factor on Turnaround
Performance.” Aktual’ni Problemy Ekonomiky = Actual Problems in
Economics, no. 153: 230.
Chenchehene, Joseph, and Kingsford Mensah. 2014. “Corporate Survival:
Analysis of Financial Distress and Corporate Turnaround of the UK Retail
Industry.” International Journal of Liberal Arts and Social Science 2 (9):
18–34.
Ciorogariu, Eduard, and Andreas Goumas. 2011. “Modeling The Probability of A
Turnaround.” Lund University.
DeWitt, Rocki Lee. 1998. “Finn. Industry, and Strategy Influences on Choice of
Downsizing Approach.” Strategic Management Journal 19 (January).
Dodyk, Lawrence N., Sara DeSmith, and Keith Kaiser. 2014. “Mergers &
Acquisitions — a Snapshot Changing the Way You Think about
Tomorrow’s Deal.” PricewaterhouseCoopers LLP.
Elidawati. 2015. “Analisis Faktor-Faktor Yang Mempengaruhi Keberhasilan
Turnaround Pada Perusahaan Yang Mengalami Financial Distress (Studi
Pada Perusahaan Non Keuangan Yang Terdaftar Di Bursa Efek Jakarta
Tahun 2000-2005).” Medan: Universitas Sumatera Utara.
Emery, Douglas R, John D Finnerty, and John D Stowe. 2004. Corporate
Financial Management (3rd Edition). https://www.abebooks.com/booksearch/author/emery-finnerty-stowe/.
81
Fan, Joseph P.H., Jun Huang, and Ning Zhu. 2013. “Institutions, Ownership
Structures, and Distress Resolution in China.” Journal of Corporate
Finance 23: 71–87.
Francis, John D., and Ashay B. Desai. 2005. “Situational and Organizational
Determinants of Turnaround.” Management Decision 43 (9): 1203–24.
doi:10.1108/00251740510626272.
Freeman, John, Glenn R. Carroll, and Michael T. Hannan. 1983. “The Liability of
Newness: Age Dependence in Organizational Death Rates.” American
Sociological Review 48 (5): 692–710. doi:10.2307/2094928.
Ghozali, Imam. 2013. Aplikasi Analisis Multivariate Dengan Program IBM SPSS
19.
BP
Universitas
Diponegoro.
https://www.researchgate.net/publication/289671928_Aplikasi_Analisis_
Multivariate_Dengan_Program_IBM_SPSS_21_Update_PLS_Regresi.
Gujarati, Damodar. 2003. Basic Econometrics (Ekonometrika Dasar). 4th ed.
McGraw-Hill/Irvin.
Hansen, Anders Vest. 2012. “Corporate Turnaround and Corporate Governance An Empirical Investigation of the Role of Ownership Structure in
Corporate Turnarounds in Western European Firms.” Copenhagen
Business School.
Haveman, Robert, Barbara Wolfe, Brent Kreider, and Mark Stone. 1994. “Market
Work, Wages, and Men’s Health.” Journal of Health Economics 13 (2):
163–82. doi:10.1016/0167-6296(94)90022-1.
Hur-Yagba, A.A., Ibrahim Fari Okeji, and Bello Ayuba. 2015. “Analyzing
Financial Health of Manufacturing Companies in Nigeria Using Multiple
Discriminate Analysis.” International Journal of Managerial Studies and
Research (IJMSR) 3 (7): 72–81.
Johnson, Gerry, and Kevan Scholes. 1997. “Exploring Corporate Strategy, 4th
Ed.” Prentice Hall.
82
Keown, Arthur J. 1999. Dasar-Dasar Manajemen Keuangan. Vol. 1999. /freecontents/index.php/buku/detail/dasar-dasar-manajemen-keuangan-arthur-jkeown-et-al-diindonesiakan-oleh-chaerul-d-djakman-17062.html.
Khaliq, Ahmad, Basheer Hussein Motawe Altarturi, Hassanudin Mohd Thas
Thaker, Md Yousuf Harun, and Nurun Nahar. 2014. “Identifying Financial
Distress Firms: A Case Study of Malaysia’s Government Linked
Companies (GLC).” International Journal 3 (3).
Lestari, Rizki Dwi, and Triani. 2013. “Determinan Keberhasilan Turnaround Pada
Perusahaan Yang Mengalami Financial Distress.” Jurnal Ilmu Manajemen
1 Nomor 4.
Lohrke, and Bedeian. 1998. “Managerial Responses to Declining Performance:
Turnaround Investments Strategies and Critical Contingencies.” Advances
in Applied Business Strategy 3: 3–20.
LoPucki, Lynn M., and Joseph W. Doherty. 2002. “Why Are Delaware and New
York Bankruptcy Reorganizations Failing?” SSRN Electronic Journal.
doi:10.2139/ssrn.303580.
Makgeta, Malose. 2011. “Turnaround Determinants Of Distressed Firms Funded
By
Industrial
Development
Corporation.”
http://www.repository.up.ac.za/handle/2263/24697.
Manimala, Mathew J. 2011. “Successful Turnarounds: The Role of Appropriate
Entrepreneurial Strategies.” WORKING PAPER NO: 337.
Mbugua, Daniel Mungai. 2014. “Critical Success Factors on Turnaround Strategy
of Microfinance Institutions in Kenya.” Strategic Journal of Business &
Change
Management
1
(1).
http://strategicjournals.com/index.php/journal/article/view/11.
Muslich, Mohammad. 2010. Manajemen Keuangan
Perencanaan, Dan Kebijaksanaan. Bumi Aksara.
Modern :
Analisis,
Namiki, Nobuaki. 2012. “The Impact of Slack Reduction on Performance
Turnaround during the Great Recession: The Case of Japanese Electronics
Companies.” 2012 50 (6).
Niresh, Aloy, and Pratheepan. 2015. “The Application of Altman’s Z-Score
Model in Predicting Bankruptcy: Evidence from the Trading Sector in Sri
83
Lanka.” International Journal of Business and Management 10 (12): 269.
doi:10.5539/ijbm.v10n12p269.
Nyamboga, Tom Ongesa, Benson Nyamweya Omwario, Antony Murimi Muriuki,
and George Gongera. 2014. “Determinants of Corporate Financial
Distress: Case of Non Financial Firms Listed in the Nairobi Securities
Exchange.” Research Journal of Finance and Accounting 5 (12).
Platt, Harlan D., and Marjorie B. Platt. 2002. “Predicting Corporate Financial
Distress: Reflections on Choice-Based Sample Bias.” Journal of
Economics and Finance 26 (2): 184–199.
Pranowo, Koes, Noer Azam Achsani, Adler H. Manurung, and Nunung
Nuryartono. 2010. “Determinant of Corporate Financial Distress in an
Emerging Market Economy: Empirical Evidence from the Indonesian
Stock Exchange 2004-2008.” International Research Journal of Finance
and Economics 52 (1).
Radjen, Dragana. 2015. “The Analysis of the Effects of Financial Distress on the
Top Management in the Republic of Serbia.” The European Journal of
Applied Economics 12 (1): 19–25. doi:10.5937/ejae12-7977.
Ridhwan, Masagus M. 2015. “Analisis Daya Saing Dan Strategi Industri Nasional
Di Era Masyarakat Ekonomi Asean Dan Perdagangan Bebas.” Working
Paper Bank Indonesia, September.
Riggs, James L. 1976. Production Systems: Planning, Analysis and Control. 2nd
edition. Santa Barbara: John Wiley & Sons Inc.
Riyanto, Bambang. 2011. Dasar-Dasar Pembelanjaan Perusahaan. BPFE
Yogyakarta.
Robbins, D. Keith, and John A. Pearce. 1992. “Turnaround Retrenchment and
Recovery.” Strategic Management Journal 13 (4): 287–309.
Sami, Ben Jabeour. 2016. “Macroeconomic Variables in Financial Distress: A
Non Parametric Method.” International Journal of Finance & Banking
Studies (2147-4486) 2 (3): 103–110.
Smith, Malcolm, and Christopher Graves. 2005. “Corporate Turnaround and
Financial Distress.” Edited by Gerald Vinten. Managerial Auditing
Journal 20 (3): 304–20. doi:10.1108/02686900510585627.
84
Sudarsanam, Sudi. 1995. The Essence of Mergers and Acquisitions. 1st edition.
London ; New York: Prentice Hall PTR.
Sugiyono. 2016. Metode Penelitian Kuantitatif, Kualitatif, Dan R&D. Alfabeta
Bandung.
Ufo, Andualem. 2016. “Impact of Financial Distress on the Liquidity of Selected
Manufacturing Firms of Ethiopia.” Journal of Poverty, Investment and
Development 16.
Whitaker, Richard B. 1999. “The Early Stages of Financial Distress.” Journal of
Economics and Finance 23 (2): 123–132.
White, Michelle J. 1989. “The Corporate Bankruptcy Decision.” The Journal of
Economic Perspectives 3 (2): 129–51.
Widarjono, Agus. 2015. Analisis Multivariat Terapan Dengan Program SPSS,
SMOS, Dan SMARTPLS. II. UPP STIM YKPN.
Zeni, Syahida Binti Md, and Rashid Ameer. 2010. “Turnaround Prediction of
Distressed Companies: Evidence from Malaysia.” Journal of Financial
Reporting and Accounting 8 (2).
Zhou, Yanran Annie, Maria H Kim, and Shiguang Ma. 2012. “Survive or Die? An
Empirical Study on Chinese Special Treatment Firms.”
85