JIMAT (Jurnal Ilmiah Mahasiswa Akuntansi) Undiksha
Vol. 13 No. 04 (2022): Jurnal Ilmiah Mahasiswa Akuntansi

Financial Distress Of Companies Listed On Indonesian Stock Exchange During Covid-19 Pandemic

Diota Prameswari Vijaya (Universitas Pendidikan Ganesha)
M Rudi Irwansyah (Unknown)
Ni Wayan Yulianita Dewi (Universitas Pendidikan Ganesha)



Article Info

Publish Date
30 Dec 2022

Abstract

The aim of the study is to examine and analyze the effect of the financial performance of companies listed on Indonesian Stock Exchange on financial distress during the Covid-19 pandemic. The financial performance used liquidity ratio, solvency ratio, profitability ratio and sales growth. The sample in this study are trade, services and investment sector of listed companies in 2020 and 2021 that are 158 companies. The results of this study showed that the company’s performance had a simultaneous effect on the company’s financial distress and the profitability ratio had a negative and significant effect on financial distress. Meanwhile, the liquidity ratio, solvency ratio and sales growth have no significant effect on financial distress. Keywords: liquidity ratio, solvency ratio, profitability ratio, sales growth, financial distress

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Journal Info

Abbrev

S1ak

Publisher

Subject

Humanities Social Sciences

Description

IMAT ( Jurnal Ilmiah Mahasiswa Akuntansi ) Undiksha provides a medium for disseminating novel articles related to economy and business among international academics, practitioners, regulators, and public. JIMAT accepts articles any research methodology that meet the standards established for ...