The Influence of Liquidity, Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia

被引:0
|
作者
Masdupi, Erni [1 ]
Tasman, Abel [1 ]
Davista, Atri [1 ]
机构
[1] Univ Negeri Padang, Fac Econ, Dept Management, Padang, Indonesia
关键词
liquidity; leverage; profitability; financial distress;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This research aims to empirically examine the influence of (1) liquidity, (2) leverage and (3) profitability on financial distress of manufacturing companies listed in Indonesian Stock Exchange (IDX). The population in this study are all manufacturing companies listed in Indonesian Stock Exchange. The research sample was selected using purposive sampling method resulted with a total of 118 companies. The research used secondary data obtained from ICMD. Logistic regression was used to analyze the data. The research results show that (1) liquidity has a negative and significant influence on financial distress of manufacturing companies, (2) leverage has a negative and significant influence on financial distress of manufacturing companies, and (3) profitability has a negative and significant influence on financial distress of manufacturing companies listed in Indonesian Stock Exchange.
引用
收藏
页码:223 / 228
页数:6
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