FAKTOR-FAKTOR YANG MEMPENGARUHI FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR DI BEI
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Abstract
This research aims at how the effect of profitability, leverage, firm size, and sales growth
on financial distress on manufacturing companies listed on the Indonesia Stock Exchange
during 2017-2019.)
Sample was selected using purposive sampling method and the valid
data was 78 companies. Data processing techniques using logistic regression analysis
what helped by Eviews 12 program. The results of this study indicate that profitability and
leverage have a significant effect on financial distress, while firm size and sales growth
have no significant effect on financial distress. The implication of this study is the need to
increasing the role of management to pay attention to the company's performance and be
careful in making decisions on existing problems so as to prevent the company from
experiencing financial distress.
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