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The Effect of Sales Growth, Profitability, Leverage and Liquidity on Financial Distress Conditions at Transportation Sub-Sector Companies Listed in Indonesia Stock Exchange (IDX) Yusril Yusril; Candra Dwi Hardiana; Suparyati Suparyati
Kontigensi : Jurnal Ilmiah Manajemen Vol 10 No 2 (2022): Kontigensi: Jurnal Ilmiah Manajemen
Publisher : Program Doktor Ilmu Manajemen, Universitas Pasundan, Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56457/jimk.v10i2.289

Abstract

Financial distress is a condition that shows the stages of decline in the company's financial condition that occurred prior to the bankruptcy or liquidation. The purpose of this research is conducted to examine: (1) The effect of sales growth on financial distress conditions in transportation sub-sector companies listed on the Indonesia Stock Exchange (IDX). (2) The effect of profitability on financial distress conditions in transportation sub-sector companies listed on the Indonesia Stock Exchange (IDX). (3) The effect of leverage on financial distress conditions in transportation sub-sector companies listed on the Indonesia Stock Exchange (IDX). (4) The effect of liquidity on financial distress conditions in transportation sub-sector companies listed on the Indonesia Stock Exchange (IDX). The populations in this research are 45 transportation companies listed on the IDX for the 2013-2017 period. Sampling using purposive sampling method (based on criteria). Companies that meet the criteria to be sampled in this study amounted to 12 companies. The type of data used is secondary data obtained from the Indonesian Stock Exchange (IDX). The data analysis technique used is panel data regression with a common effect model. The results of the analysis of this study state that sales growth and profitability do not have a significant effect on financial distress conditions. While the results of leverage and liquidity show a significant influence on financial distress conditions. The type of data used is secondary data obtained from the Indonesian Stock Exchange (IDX). The data analysis technique used is panel data regression with a common effect model. The results of the analysis of this study state that sales growth and profitability do not have a significant effect on financial distress conditions. While the results of leverage and liquidity show a significant influence on financial distress conditions. The type of data used is secondary data obtained from the Indonesian Stock Exchange (IDX). The data analysis technique used is panel data regression with a common effect model. The results of the analysis of this study state that sales growth and profitability do not have a significant effect on financial distress conditions. While the results of leverage and liquidity show a significant influence on financial distress conditions.
Assistance in Financial Reporting for Micro, Small, and Medium Enterprises (MSMEs): A Case Study of Frozen Food Segara Biru in South Tambun District Yusril Yusril; Jarkoni Jarkoni; Yustiar Cindy Audina
Pasundan Community Service Development Vol. 1 No. 1 (2023): Pasundan Community Service Development
Publisher : Doctoral Program of Social Science, Pasundan University

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.56457/pascomsidev.v1i1.54

Abstract

Micro, small, and medium enterprises (MSMEs) play a crucial role in the local economy, including in the South Tambun District. However, MSMEs often face challenges in accurate and effective financial reporting. The lack of understanding of important aspects of financial reporting can hinder the growth and sustainability of their businesses. This activity aims to provide assistance and development in financial reporting to Frozen Food Segara Biru, an MSME located in the South Tambun District. In this assistance program, we collaborate with the business owners and their financial staff to enhance their understanding and skills in transaction recording, financial statement preparation, financial performance analysis, and sound financial management strategies. The methodology used is a collaborative approach, where we involve the business owners and financial staff in every step of the assistance process. We provide training and guidance on the concepts and practices of good financial reporting, as well as practical guidance on the use of accounting software or cloud-based applications to facilitate financial recording and reporting. It is expected that the results of this assistance will enhance the understanding and financial reporting skills of Frozen Food Segara Biru, which, in turn, will assist them in making better business decisions, improving operational efficiency, and accessing better financial resources such as loans or investments. Through this research, we hope to provide new insights into the importance of assistance and development in financial reporting for MSMEs, as well as offer practical recommendations for further development in this area. By supporting MSMEs in improving their financial reporting practices, we contribute to their overall growth and contribute to the local economy's development.