Business, Accounting, and Knowledge Journal
Vol 1 No 1 (2024): Business, Accounting, and Knowledge Journal

The effect of firm performance, managerial ownership, institutional ownership, audit committee size, and liquidity ratio on financial distress

Ofliyana Angga Dewi (Universitas Pekalongan)
Arum Ardianingsih (Universitas Pekalongan)
Dian Priatiningsih (Universitas Pekalongan)



Article Info

Publish Date
05 Aug 2024

Abstract

This study aims to determine the effect of company performance, managerial ownership, institutional ownership, audit committee size, and liquidity ratio on financial distress. This study took a sample of non-cyclical consumer companies listed on the Indonesia Stock Exchange (IDX) for the period 2017–2021. The research data was obtained from 50 companies. The data analysis methods used were descriptive analysis and multiple linear regression with a significance level of 0.05. The independent variables used were managerial ownership, institutional ownership, audit committee size, liquidity, and profitability. Another independent variable is company performance. The results of this study indicate that institutional ownership and liquidity ratio have an effect on financial distress, while company performance, managerial ownership, and committee size have no effect on financial distress.

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Journal Info

Abbrev

batik

Publisher

Subject

Description

Business, Accounting, and Knowledge Journal embraces contemporary trends in accounting and business. The scope is evolving to accommodate the most recent and emerging issues, challenges, and phenomena. For example, consider sustainability issues and the role of accounting in digital transformation. ...