THE DETERMINANTS OF FINANCIAL DISTRESS: AN EMPIRICAL INVESTIGATION OF INDONESIAN FIRMS

Yeye, Susilowati and Elen, Puspitasari and Basukianto, Basukianto THE DETERMINANTS OF FINANCIAL DISTRESS: AN EMPIRICAL INVESTIGATION OF INDONESIAN FIRMS. PUBLIKASI JURNAL.

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Abstract

This study aims to investigate the determinants of financial distress (i.e.. tinancial indicators, firm size, institutional and managerial ownership). The sample of this study includes 250 fims regred in Indonesia Stock Exchange (IDX) of the period 2014 — 2017. By using logistic regression analysis. the results show that 1) leverage has a positive effect on financial distress: 2) protiability, operating capacity, and firm size have a negative effect on financial distress: and 3) liquidity, sales growth, and institutional and managerial ownership have no effect on financial digress. Keywords: financial distress, liquidity, leverage, prcýurahilitv, operating capacity, sales growth .Jirm size, institutional ownership, and managerial ownership.

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General)
Faculty / Institution:	Fakultas Ekonomika dan Bisnis
Depositing User:	Fakultas Ekonomi
Date Deposited:	11 Feb 2021 02:44
Last Modified:	11 Feb 2021 02:44
URI:	https://eprints.unisbank.ac.id/id/eprint/7543

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