Enrichment : Journal of Management
Vol. 13 No. 5 (2023): December

Determinants of financial distress based on accounting, ownership, market and macroeconomic

Senima, Teklaudi Kurniati (Unknown)
Bertuah, Eka (Unknown)



Article Info

Publish Date
16 Dec 2023

Abstract

Research was conducted to determine factors that can predict financial distress in Tourism, Restaurant and Hotel sector companies listed on the Indonesia Stock Exchange. The variables used in this study are DER, ROA, ROE, NPM, WCTA, TATO, CR, Managerial Ownership, PER, Inflation. The research uses logistic regression analysis to find which variables can determine which companies experience financial failure and do not experience financial failure. The results showed that the ratios that were able to distinguish distress and non-distressed companies were NPM, WCTA and Managerial Ownership

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Journal Info

Abbrev

enrichment

Publisher

Subject

Economics, Econometrics & Finance

Description

The Enrichment : Journal of Management offers wide ranging and widespread analysis of all surfaces of management and science. Published two times per year, it delivers a emphasis for universal proficiency in the vital methods, techniques and areas of research; presents a opportunity for its readers ...