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The Effect of Profitability and Liquidity on Financial Distress in The Sub Sector Property Listed on The Exchange Stok Indonesia (IDX) in 2018 Bill Schara Marbun; Harman Malau
Jurnal Ilmiah Universitas Batanghari Jambi Vol 22, No 1 (2022): Februari
Publisher : Universitas Batanghari Jambi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.33087/jiubj.v22i1.1816

Abstract

The goal of this research is to learn more about profitability, liquidity, and financial distress, as well as how they affect profitability and liquidity in the face of financial distress. For the 2018 period, this study was conducted in sub-sector property companies listed on the Indonesian stock exchange, and the sample selection process used purposive sampling to get a total of 50 samples. This study mixes a descriptive approach with a quantitative approach. A ratio scale is used to measure the dependent and independent variables. A ratio scale is used to measure the dependent and independent variables. Logistic regression is a statistical data analysis method that uses descriptive statistics, classification results, Hosmer Test and Lemeshow's Goodness of Fit, Nagelkerke R Test, Parameter Significance Test Individual, and Simultaneous significance test. Profitability has a significant influence on financial distress of 0.018, liquidity has a significant effect on financial distress of 0.005, and there is also a significant effect on profitability and liquidity on financial distress with a significance value of 0.000, according to the study's findings.