Journal of Culture Accounting and Auditing
Vol 1 No 1 (2022)

Peran Profitabilitas Dalam Memoderasi Pengaruh Rasio Likuiditas, Leverage, Dan Sales Growth Dalam Memprediksi Financial Distress Pada Perusahaan Sub Sektor Property Dan Real Estate

Linda Masni Hayati (Universitas Muhammadiyah Gresik)
Mu’minatus Sholichah (Universitas Muhammadiyah Gresik)



Article Info

Publish Date
14 Jul 2022

Abstract

The purpose of this study is to analyze and describe the ability of profitability in moderating the effect of liquidity, leverage, and sales growth in predicting financial distress. The population in this study are property and real estate companies listed on the Indonesia Stock Exchange for the period 2017-2020, the sample of this study was taken using a purposive sampling method with a research sample of 156 financial statements from 39 companies. This research method uses quantitative methods. Data analysis was processed using Partial Least Squares (PLS) analysis with the help of Smart-Pls 3.0 software. The results of this study indicate that the ratio of liquidity and profitability has a negative and significant effect on financial distress. Meanwhile, leverage and sales growth have no effect on financial distress. Profitability can moderate the relationship between liquidity and financial distress. Meanwhile, profitability cannot moderate the relationship between Leverage and Sales growth on financial distress.

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Journal Info

Abbrev

jcaa

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

This Journal Focus on the research of Culture Accounting, Financial Accounting, Shariah Accounting, Behavioral Accounting, Management Accounting, Auditing, and Accounting Information System. ...