International Journal of Application on Economics and Business
Vol. 1 No. 1 (2023): February 2023

Determinants of Financial Distress During COVID-19

Adessa Wibin (Faculty of Economics & Business, Universitas Tarumanagara)
Yanti Yanti (Faculty of Economics & Business, Universitas Tarumanagara)



Article Info

Publish Date
25 Feb 2023

Abstract

This study aims to analyze the effect of liquidity, leverage, profitability, sales growth, and operating capacity on financial distress during the COVID-19 period. Quantitative research is used using secondary data with purposive sampling method involving 55 hotel, restaurant, tourism, and transportation companies taken from financial statement on IDX. The research methods used are multiple linear regression analysis and analyzed utilizing IBM SPSS. This study during COVID-19 carries out that leverage has an effect on financial distress, while liquidity, profitability, sales growth and operating capacity have an insignificant effect on financial distress.

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Journal Info

Abbrev

ijaeb

Publisher

Subject

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

Description

International Journal of Application on Economics and Business (IJAEB) contains articles on the following topics: Entrepreneurship studies, Business studies, Management studies, Accounting studies, Economics ...