THE INFLUENCE OF INSTITUTIONAL OWNERSHIP, LIQUIDITY, AND COMPANY SIZE ON FINANCIAL DISTRESS: Empirical Study on Property & Real Estate Sub Sector Companies Listed on the Indonesia Stock Exchange 2015 - 2018

Adiyanto, Yoga

International Journal of Economics, Management, Business, and Social Science
Vol. 1 No. 1 (2021): January 2021

This study aims to determine the effect of institutional ownership, liquidity, and company size on financial distress in property & real estate sub sector companies listed on the Indonesia Stock Exchange in the period 2015 - 2018. This research was conducted using quantitative methods. The research population was 48 companies and a sample of 32 companies was taken using purposive sampling. This research was conducted from June to September 2019. Data was obtained from the Indonesia Stock Exchange website and the website of each company which was the object of research and analyzed with SPSS version 25. Based on the results of the study it was concluded that: 1) there was no significant influence between institutional ownership and financial distress, 2) there is a significant influence between liquidity and financial distress, and 3) there is no significant effect between company size and financial distress.