Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah
Vol. 6 No. 4 (2024): Al-Kharaj: Jurnal Ekonomi, Keuangan & Bisnis Syariah

Pengaruh Operating Cash Flow, Profitabilitas, dan Leverage terhadap Financial Distress pada Perusahaan Properti dan Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI) Tahun 2018-2022

Sintia Oktapani (Unknown)
Neni Maryani (Universitas Jenderal Achmad Yani)



Article Info

Publish Date
01 Jun 2024

Abstract

The objective of this study is to investigate the impact of operating cash flow, profitability, also leverage on financial difficulties among property also real estate firms listed on the Indonesian stock exchange (IDX) from 2018 to 2022. This research employs quantitative methods, utilizing secondary data sources such as annual also financial reports obtained from 47 property also real estate companies during the specified period. The sampling procedure involved purposive sampling, yielding a total of 235 data samples. The research framework adopts multiple linear regression analysis. Findings from this investigation reveal that, individually, operating cash flow also profitability do not significantly influence financial distress, whereas leverage exhibits a detrimental effect. Moreover, collectively, operating cash flow, profitability, also leverage jointly impact financial distress within the realm of property also real estate enterprises listed on the Indonesian stock exchange (IDX) during the 2018-2022 period.

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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 ...