Pengaruh Likuiditas, Leverage, Ukuran Perusahaan, Dan Kepemilikan Institusional Terhadap Financial Distress

Abstract

The purpose of this study is to find out whether liquidity, leverage, company size, and institutional ownership affect financial distress in manufacturing companies listed on the Indonesia Stock Exchange, especially in 2015-2017 as the study population. The sampling method used was purposive sampling with a total sample of 36 data which are financial statements from www.idx.co.id. Data processing is done using SPSS version 25. The results of the study indicate that the independent variable can explain the dependent variable at 80.6639%; The other 19.3361% is influenced by other factors apart from the independent variables of this study. Independent variables of liquidity and leverage affect financial distress. While company size and institutional ownership do not affect financial distress