Pengaruh Rasio Keuangan Dan Good Corporate Governance Terhadap Financial Distress (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2018 – 2020)
DOI:
https://doi.org/10.22441/jpma.v3i2.14960Keywords:
Liquidity, Profitability, Leverage, Board of Directors Size, Audit Committee Size, Institutional Ownership, Financial DistressAbstract
This research aims to examine the effect of Liquidity, Profitability, Leverage, Board of Directors Size, Audit Committee Size, and Institutional Ownership on Financial Distress. The population in this study are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in the 2018 – 2020 period. The sample in this study amounted to 116 companies.The sampling technique used in this research is purposive sampling method. The data analysis method used in this study is logistic regression analysis with the help of the SPSS 20 application program.The results of this research indicate that (1) Liquidity has a negative and significant effect on Financial Distress, (2) Profitability has a negative and significant effect on Financial Distress, (3) Leverage has no effect on Financial Distress, (4) Board of Directors size has a negative and significant effect on Financial Distress, (5) Audit Committee size has no effect on Financial Distress, (6) Institutional Ownership has no effect on Financial Distress.Downloads
References
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