Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol. 6 No. 6 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah (in Press)

Faktor – Faktor yang Menentukan Financial Distress pada Perusahaan di Industri Manufaktur yang Terdaftar di BEI Tahun 2020 - 2022

Margareta Dwi Saputri (Unknown)
Bambang Sudiyatno (Universitas Stikubank (UNISBANK) Semarang)



Article Info

Publish Date
01 Jun 2024

Abstract

The study tested the impact of profitability ratio, liquidity ratio and leverage ratio on financial distress in manufacturing companies listed on the Indonesian Stock Exchange. In this study samples were taken from manufacturing companies listed on the Indonesian Stock Exchange in the period 2020 – 2022 using purposive sampling method. Relationships or influences of variables are described using double regression analysis methods. The results of the research show that profitability has a positive and significant effect on financial distress. This suggests that when profitability increases, then financial distresses will also increase. The activity and size of the company have no significant influence on the financial distress. In this study the most dominant contributing variable is the activity measured by the total asset turnover.

Copyrights © 2024






Journal Info

Abbrev

alkharaj

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah is a scientific journal published by Pusat Riset dan Kebijakan Strategis PRKS) of  Institut Agama Islam Nasional (IAI-N) Laa Roiba Bogor in collaboration with Masyarakat Ekonomi Syariah (MES) and Intelectual Association for Islamic Studies ...