Diponegoro Journal of Management
Volume 11, Nomor 3, Tahun 2022

ANALISIS PENGARUH DEWAN KOMISARIS INDEPENDEN, KEPEMILIKAN MANAJERIAL, KEPEMILIKAN INSTITUSIONAL, TOTAL ASSET TURN OVER, DAN LEVERAGE TERHADAP FINANCIAL DISTRESS

Andri Aji Saputra (Departemen Manajemen Fakultas Ekonomika dan Bisnis Universitas Diponegoro)
Wisnu Mawardi (Departemen Manajemen Fakultas Ekonomika dan Bisnis Universitas Diponegoro)



Article Info

Publish Date
11 Jul 2022

Abstract

This study aims to examine the effect of independent commissioners, managerial ownership, institutional ownership, total asset turnover, and leverage on financial distress. The example used is the property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) during the 2017-2020 period which is selected using the purposive sampling method. The number of samples obtained is 16 with 4 years of observation so a sample of 64 is obtained. The analysis used is logistic regression analysis with the IBM SPSS 25 program after having previously carried out the goodness of fit to test the feasibility of the data. The results of this study indicate that total asset turnover has a significant negative effect on financial distress. Independent board of commissioners, managerial ownership, institutional ownership, and leverage do not affect financial distress. In this test, the results of the Nagelkerke R Square test were found to be 52.2% and the value for Hosmer and Lemeshow Goodness of Fit was 96.4%.

Copyrights © 2022






Journal Info

Abbrev

djom

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Media publikasi karya ilmiah lulusan S1 Prodi Manajemen Fakultas Ekonomika dan Bisnis Universitas Diponegoro yang memuat berbagai hasil penelitian maupun kajian mengenai manajemen keuangan, manajemen sumber daya manusia, manajemen pemasaran, manajemen strategik dan manajemen ...