E-JURNAL AKUNTANSI
Vol 31 No 11 (2021)

Struktur Modal, Profitabilitas, Likuiditas, Leverage dan Financial Distress

Siti Dini (Fakultas Ekonomi Universitas Prima, Indonesia)
Selvia Selvia (Unknown)
Venny Octavia (Fakultas Ekonomi Universitas Prima, Indonesia)
Cyndi Natalia Br Sidebang (Fakultas Ekonomi Universitas Prima, Indonesia)



Article Info

Publish Date
28 Nov 2021

Abstract

This study aims to determine the effect of capital structure, profitability, liquidity and leverage in predicting the potential for financial distress. This research includes causative research to see the relationship between variables. The data used is quantitative data from the Indonesia Stock Exchange. The research population is large trading companies on the IDX for the 2017-2019 period. The sample used as many as 33 companies. This research uses binary logistic regression analysis technique with SPSS 26.0 tool. The results showed that capital structure with DER proxies, profitability with ROA proxies and liquidity with CR proxies had no effect on financial distress. Meanwhile, leverage with DAR proxy has a significant positive effect on financial distress. Keywords : Financial Distress; Capital Structure; Profitability; Liquidity and Leverage.

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...