PENGARUH PROFITABILTAS, LIKUIDITAS, LEVERAGE, KEPEMILIKAN MANAJERIAL, DAN KEPEMILIKAN INSTITUSIONAL TERHADAP FINANCIAL DISTRESS (Studi Empiris Pada Perusahaan Sektor Property & Real Estate Yang Terdaftar di BEI Periode 2016-2018)

Authors

DOI:

https://doi.org/10.31000/c.v4i1.2383

Abstract

Financial distress is a phase of decline in financial condition that occurred before the
onset of bankruptcy. This study aims to examine the effect of proftabiliy, liquidity, leverage,
managerial ownership, and institutional ownership of financial distress. This research was
conducted at the companies occurs on property & real estate company in Indonesia listed on
the Stock Exchange in 2016-2018. The samples used were as many as 30 observations
selected using purposive sampling method. The analysis technique used is panel data
regression using Eviews Program. The results of the analysis of this study indicate that the
profitability ratio, likuidity are able to affects the financial distress of manufacturing
company with positif direction. While the leverage ratio, managerial ownership, and
institusional ownership are not able to influence the probability of financial distress.

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Published

2020-02-03

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Vol. 4 No. 1 (2020): Competitive Jurnal Akuntansi dan Keuangan

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