Jurnal Ekonomi
Vol. 28 No. 2 (2023): July 2023

Pengaruh Likuiditas, Leverage, Dan Arus Kas Terhadap Financial Distress

Jennifen Wijaya (Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta Indonesia)
Rousilita Suhendah (Fakultas Ekonomi dan Bisnis, Universitas Tarumanagara Jakarta Indonesia)



Article Info

Publish Date
10 Jul 2023

Abstract

The purpose of this study is to obtain empirical evidence regarding the effect of liquidity, leverage, and cash flow on financial distress. This study used consumer cyclicals sector companies listed on the Indonesia Stock Exchange in 2019-2021. Samples were selected by purposive sampling method and the data used were 133 data. The data obtained was processed using the E-Views 12 program. Based on the research conducted, liquidity has a positive significant effect on financial distress, leverage has a negative significant effect on financial distress, and cash flow has a positive significant effect on financial distress. The implication of this research is that liquidity, leverage, and cash flow affect company management, investors, and creditors in making decisions.

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Journal Info

Abbrev

EJE

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p-ISSN 0854-9842 : e-ISSN 2580-4901] is a peer-reviewed journal published three times a year (March, July, and November) by Faculty of Economics, Universitas Tarumanagara. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of research on ...