<![CDATA[This study aims to determine the effect of Sales Growth and Managerial Ownership on the condition of Financial Distress in manufacturing companies in Indonesia in 2015-2017. The sample of this study were 13 manufacturing companies listed on the Indonesia Stock Exchange, with a purposive sampling method. Based on the results of statistical analysis by using the t test with the value of t arithmetic equal to -1,249 ? value of t table 2.028 and significance of 0.220 ? from the significance level of 0.05, partially Managerial Ownership does not affect the condition of Financial Distress in the manufacturing company studied. This is proven by using the t test with the value of t count equal to 1.419 19 t table value 2.028 and significance 0.165 ? from the significance level of 0.05. Simultaneously Sales Growth and Managerial Ownership do not affect the condition of Financial Distress in the manufacturing companies studied with F count of 1.789 ? from the value of F table 3.32 and significance of 0.182 ? from the significance level of 0.05. The results of the coefficient of determination of the value of R Square are obtained at 0.090 or 9%. This means that the independent variables namely Sales Growth (X1) and Managerial Ownership (X2) have an influence on the dependent variable, namely the Financial Distress (Y) condition of 9% while the remaining 91% is influenced by other variables.]]>
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