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Journal : international journal of multidisciplinary approach research and science

The Influence of Company Size, Sales Growth and Leverage on Financial Distress: Empirical Study on Technology Sector Companies Listed on the Indonesia Stock Exchange for the Period 2021-2023 Napitupulu, Ruth Sri Indah; Wiralestari, Wiralestari; Erwati, Misni
International Journal of Multidisciplinary Approach Research and Science Том 3 № 02 (2025): International Journal of Multidisciplinary Approach Research and Science
Publisher : PT. Riset Press International

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.59653/ijmars.v3i02.1567

Abstract

This research explores the relationship between financial vulnerability and three key corporate metrics, organizational magnitude, revenue expansion, and debt ratio, specifically examining technology enterprises registered on the Indonesian Securities Market from 2021 through 2023. The investigation treats organizational magnitude, revenue expansion, and debt ratio as predictor variables, with financial vulnerability serving as the outcome measure. The researchers employed a numbers-based analytical framework. The target population encompassed technology industry corporations listed on the ISM throughout the three-year period under scrutiny. Employing criterion-based selection methods, researchers identified 20 appropriate corporations for comprehensive evaluation. Statistical calculations utilized multiple correlation techniques through IBM's analytical software platform (SPSS v27). All numerical information was sourced secondarily via the Indonesian Securities Market's digital repository. The analytical outcomes reveal that organizational magnitude, revenue expansion, and debt ratio collectively demonstrate statistically meaningful correlation with financial vulnerability. Moreover, each individual factor, organizational magnitude, revenue expansion, and debt ratio, exhibits its own distinctive relationship with corporate financial vulnerability.
Co-Authors Abdana Abdana Raseki Fhonna Afriantoni Afriantoni Afriantoni Afriantoni Afrilia, Putri Afrizal Afrizal Afrizal Afrizal Amin Insani Angga Pratama Angga Pratama Arda, Natasya Oktaviani Bambang Harimurti Cahyani, Utami Fajar Dewi Fitriyani Dhiya Ulhaq Dica Lady Silvera Dwi Putra, Rifal Enggar Diah Puspa Arum Faramitha Riskia Fatwa Ramadhan Febriani, Ananda Fitri Ferdy Fachrial Yusuf Fitri Chairunnisa Fitrini Mansur Fitrini Mansur Fredy Olimsar Gowon, Muhammad Grace Sri Marista Tampubolon Hamdani, Ahmad Harry Aprsiansyah Hengky Orlanda Hulu, Grecia Febnasdi Rahelia Ikhlas, Prabu Ilham Wahyudi Irennia, Dina Iskandar Sam Iskandar Sam Iskandar Sam Janil Irawan Januar, Wahyu Wiguna Jayawarsa, A.A. Ketut Khofifah Rahma Lina Susanti Lutfi Lutfi Lutfi Luthfi Luthfi, Luthfi Maisyarah, Nyimas Dian Mardhiyatan, Lifit Nur Mifthahul Nurzanah Monica Zuanur Safitri Muhammad Farhan Muhammad Febriansyah Muhammad Ridwan Muhammad Ridwan Muhammad Rizki Fajri Napitupulu, Ruth Sri Indah Nela Safelia Nelda Afrita Nurmadia, Nurmadia Nurmaida Palentin Panjaitan Okta Haviya Patmalarsih, Abdila Rungki Putra, Alvin Andika Putra, Dios Nugraha Putri, Putri Rizki Putri, Resame Rahayu Rahayu Ramah Ramah Ratih Kusumastuti Rico Wijaya Z rifky Rizkiyah Lestari Utami Romario Ananta Zalsy Dasilva Safira, Siska Sam, Iskandar Sanjaya, Pebi Sarra, Siti Sevia Pasaribu Sherlya Firnanda Siburian, Moria Norberta Siswahyudianto Soraya, Annisa Sri Rahayu SRI RAHAYU Sumarni Sumarni Sumarni Sumarni Sumarni5 Tasya Bunga Christi Violeta, Octa Diva Waode Maya Anggelya Putri Wiralestari, Wiralestari Wirmie Eka Putra Wiwik Tiswiyanti Wiwik Tiswiyati Wulandari Nurtiara Yudi - Yudi Yudi Yudi Yudi Yuliusman - Zulma, Gandy Wahyu Maulana