International Journal of Economics Development Research (IJEDR)
Vol. 4 No. 2 (2023): International Journal of Economics Development Research (IJEDR)

Post-Pandemic Textile and Garment Company Resilience in Indonesia

Asep Jamaludin (Universitas Buana Perjuangan, Indonesia)
Citra Savitri (Universitas Buana Perjuangan, Indonesia)
Rengga Madya Pranata (Universitas Buana Perjuangan, Indonesia)
Nandang Nandang (Universitas Buana Perjuangan, Indonesia)
Aji Tuhagana (Universitas Buana Perjuangan, Indonesia)



Article Info

Publish Date
24 Sep 2023

Abstract

We test the relationship between firm size, liquidity, leverage, and GDP with financial distress for a sample of companies from IDX Indonesia from 2020 to 2021, using 18 observations of textile and garment companies. In our test, we used panel data regression to test the hypothesis and MRA to measure the moderating variable. We found that almost all textile and garment companies experienced financial difficulties after the pandemic. Firm size and liquidity are factors that affect financial distress in textile and garment companies. Firm size has a positive influence on financial distress. GDP has a positive moderating effect on the relationship between liquidity and financial distress

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Journal Info

Abbrev

ijedr

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

IJEDR focuses on economics, innovation, and investment. Dedicated to enhancing economics development a country, regional and the world in general. IJEDR invites papers on Economics field (Economic growth, Monetary and fiscal policy effect, Innovation practices, Innovation impact, Corporate finance, ...