Wiga : Jurnal Penelitian Ilmu Ekonomi
Vol. 13 No. 1 (2023): March 2023

The Effects of Profitability, Liquidity, Leverage, and the Pandemic on Financial Distress

Ditio Adi Surya Wijaya Hadi (Universitas Jember)
Muhammad Miqdad (Universitas Jember)
Siti Maria Wardayati (Universitas Jember)



Article Info

Publish Date
01 Mar 2023

Abstract

This study was conducted to obtain empirical evidence on the effect of profitability, liquidity, leverage, and the COVID-19 pandemic on financial distress. This study refers to the object of research in the form of cyclical consumer sector companies listed on the Indonesian stock exchange from 2018 to 2020. The sample used in this study amounted to 35 companies with predetermined sample criteria. The analytical method used in this study is multiple linear regression analysis using the SPSS version 25 application. In this study, it was found that profitability and pandemic have an effect on financial distress, while liquidity and leverage have no effect on financial distress conditions. The results of this study are expected to be useful for interested parties to find out things that have an impact on financial distress.

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Journal Info

Abbrev

wiga

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Wiga : Jurnal Penelitian Ilmu Ekonomi is published twice a year in March and September, published by Sekolah Tinggi Ilmu Ekonomi Widya Gama since March 2011. Wiga : Jurnal Penelitian Ilmu Ekonomi is intended as a forum for publishing scientific articles in the field of economics : Accounting, ...