KEMAMPUAN PROFITABILITAS MEMODERASI PENGARUH LIKUIDITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS

Ni Luh Kade Merta Sari (Magister Akuntansi Fakultas Ekonomi dan Bisnis Universitas Udayana)
I.G.A.Made Asri Dwija Putri (Magister Akuntansi Fakultas Ekonomi dan Bisnis Universitas Udayana)

E-Jurnal Ekonomi dan Bisnis Universitas Udayana
VOLUME.05.NO.10.TAHUN 2016

The present study is aimed at providing empirical evidence on the impact of profitability on the correlation among liquidity and leverage of financial distress. The population included in this study was manufacturer listed in Indonesian stock exchange from 2009 to 2013 period with total sample of 565 companies. The sample collection method used was purposive sampling and the testing measurement used was logistic regression analysis. The result of this study proves that liquidity affect negative to financial distress, leverage affect positively to financial distress, profitability does not affect financial distress, profitability able to moderate the affect of liquidity to financial distress, profitability able to moderate the affect of leverage to financial distress.