El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam
Vol. 5 No. 12 (2024): El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam

Pengaruh Likuiditas, Leverage, Profitabilitas Terhadap Financial Distress

Ade Kurniawan Sofyan (Unknown)
Mahroji (Unknown)



Article Info

Publish Date
02 Dec 2024

Abstract

Financial Distress describes a significant and continuous decline in a company's financial performance which, if left unchecked, will result in bankruptcy. The main objective of this research is to determine the effect of liquidity, leverage and profitability on financial distress. This research was conducted on property and real estate companies for the 2021–2023 period. A total of 73 companies were selected as samples in collecting data for this research. The relationship between the dependent variable and the independent variables was analyzed using logistic regression. The results of the analysis show that liquidity and profitability have a significant effect on financial distress in a negative direction, while leverage has a significant effect on financial distress in a positive direction. It is hoped that future research can expand the research object and compare various measurement techniques to provide a more comprehensive picture. It is hoped that the results of this research will be useful for stakeholders, especially creditors and investors, in making decisions regarding funding and investment.

Copyrights © 2024






Journal Info

Abbrev

elmal

Publisher

Subject

Agriculture, Biological Sciences & Forestry Civil Engineering, Building, Construction & Architecture Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences

Description

El-Mal: Jurnal Kajian Ekonomi & Bisnis Islam mempublikasi hasil riset dan kajian terkini bidang ekonomi, keuangan, manajemen dan bisnis Islam. Mulai 2011, jurnal ini terbit tiga kali setahun setiap Maret, Juli dan November. Jurnal ini dikelola oleh Pusat Riset dan Kajian Strategis (PRKS) Masyarakat ...