Jurnal Ilmiah Edunomika (JIE)
Vol 5, No 1 (2021): EDUNOMIKA : Vol. 05, No. 01, 2021

PENGARUH RASIO LIKUIDITAS, LEVERAGE, DAN SALES GROWTH TRHADAP FINANCIAL DISTRESS PADA PERUSAHAAN PROPERTY DAN REAL ESTATE YANG TERDAFTAR DI BEI

Irma Susanti (Unknown)



Article Info

Publish Date
28 Feb 2021

Abstract

Financial distress is a stage of decline in financial conditions that occurs before bankruptcy occurs. This study aims to examine the effect of liquidity, leverage, and sales growth on financial distress in property and real estate companies listed on the Indonesia Stock Exchange (IDX). The population in this study were all property and real estate companies listed on the Indonesia Stock Exchange for the period 2015-2019. The sample was selected based on the purposive sampling method, in order to obtain a sample of 24 companies. The data analysis technique used is logistic regression analysis, with data processing using the SPSS program. The results showed that (1) liquidity as measured by (CR) had a positive and insignificant effect on financial distress; (2) leverage as measured by (DER) has a negative and insignificant effect on financial distress; and (3) Sales Growth as measured by (GROWTH) has a positive and insignificant effect on financial distress. Keyword: Liquiditys, Leverae, Sales Growth, Financial Distress

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Journal Info

Abbrev

jie

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education

Description

Jurnal Ilmiah EDUNOMIKA dengan ISSN 2598-1153, diterbitkan 2 (dua) kali setahun (Pebruari dan Agustus) oleh LPPM STIE AAS Surakarta bekerjasama dengan Pusat Kajian Pendidikan dan Ekonomi (PUSKAPE), Yayasan Keluarga Muslim Al Azarul Ulum Sukoharjo. Terbit pertama pada bulan Pebruari 2017. Redaksi ...