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Effect of Profitability, Leverage, Liquidity and Activity Against Financial Distress Conditions

Authors :
Setyo Mahanani
Sugiarto Sugiarto
Source :
EkBis: Jurnal Ekonomi dan Bisnis. 4:456
Publication Year :
2020
Publisher :
Al-Jamiah Research Centre, 2020.

Abstract

This research aims to determine the effect of profitability, leverage, liquidity and activity on financial distress. The research period is 2018. The approach in this study is quantitative research with all manufacturing companies listed on the IDX in 2018 as the population, which were then selected by purposive sampling method to obtain samples. This research uses logistic regression analysis method. The results of the study indicate that profitability has a negative effect on financial distress as indicated by the regression coefficient of -0.40732. and the prob value. 0.0097 is less than 0.05. Leverage has a positif effect on financial distress. This refers to the regression coefficient of 0.090522 and the prob value. 0.0353 0.05. Activity has negative effect on financial distress. This refers to the regression coefficient of -0.09906 and the resulting significance value is less than required, namely 0.0047

Details

ISSN :
25501267 and 25494988
Volume :
4
Database :
OpenAIRE
Journal :
EkBis: Jurnal Ekonomi dan Bisnis
Accession number :
edsair.doi...........eb8aabb8f4a8a4c90fcf44a0a1b36238