Empirical Evidence of Financial Distress in Indonesia

Amri, Muhammad Chairul; Aryani, Y. Anni

doi:10.25273/jap.v10i2.8982

Cited by 7 publications

(7 citation statements)

References 37 publications

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“…This research is important because research about the factors that influence financial distress is still inconsistent. This is supporte the result of research by Amri & Aryani (2021). They reviewed twenty eight articles on financial distress from eight national journals indexed by Sinta 2.…”

Section: Introductionsupporting

confidence: 58%

Effect of Corporate Governance Mechanism and Operating Cash Flow on Financial Distress

Sembiring

2022

JBA

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This study aims to examine the effect of corporate governance mechanisms and operating cash flows on financial distress. The variable of corporate governance mechanism is measured through managerial ownership, institutional ownership, and audit committee. Managerial ownership can reduce conflicts of interest between principals and agents, while institutional ownership and audit committees are related to increasing supervision over company management. So, a good corporate governance mechanism can avoid financial distress. The adequacy of operating cash flow also greatly affects the efficiency and effectiveness of the company's operational activities. If the company has a negative operating cash flow, it will greatly hamper the company's operational activities. Companies can experience financial distress. This study uses data from manufacturing companies that have negative EBIT values for two years from three years of observation in 2017-2019 as the research sample. This study uses the SEM-PLS analysis tool to answer the proposed hypothesis. The results showed that managerial ownership, institutional ownership, and audit committee had no significant effect on financial distress while operating cash flow negatively significantly effect of financial distress. The greater the operating cash flow value, the smaller the possibility of the company experiencing financial distress. Conversely, the smaller the operating cash flow value, the greater possibility of the company experiencing financial distress.

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Section: Introductionsupporting

confidence: 58%

Effect of Corporate Governance Mechanism and Operating Cash Flow on Financial Distress

Sembiring

2022

JBA

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“…Bibliographic research is the research developed by (Hesford et al, 2006) in the field of management accounting by analyzing 916 articles using two approaches consists of charting the field and analyzing community. Bibliographic research has also been applied in Indonesia, for example on the topic of disclosure development, IFRS implementation and financial distress (Aksan & Gantyowati, 2020;Amri & Aryani, 2021;A. C. Dewi et al, 2018).…”

Section: Methodsmentioning

confidence: 99%

Fourteen Years of Sustainability Reporting Research in Accounting: Bibliographic Studies

Sururi

Aryani

Gantyowati

2023

ijtc

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Some companies that still apply the single-profit paradigm cause environmental damage, so there is a need for accountability to stakeholder through media sustainability reports. This study aimed to provide an overview of the development of sustainability reporting research for 14 years in Indonesia. Charting the field and analyzing community approach were used in this research. A research sample consisting of 50 articles obtained from 21 journals accredited Sinta 2 from 2009 to January 2022. The results indicated that the most widely used research method is the analytical method and the articles that received the most citations were published in 2015. In addition, this study also found that there are still research variables that are inconsistent with sustainability reporting, namely antecedent variables in the form of audit committees and consequence variables in the form of financial performance. Therefore, it is necessary to conduct an in-depth study to determine the cause of the inconsistency of these variables.

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“…This study is bibliographic research in the field of management accounting, using a sample of 916 articles from ten journals published from 1981 to 2000, employing both mapping and community analysis approaches. In Indonesia, systematic literature reviews have been carried out by Ernawati and Aryani (2019) on the implementation of IFRS, reviewing 30 articles indexed in SINTA 2, Muslim and Setiawan (2020) on tax avoidance, reviewing 77 articles indexed in SINTA 2, Herawati and Bandi (2017) on the development of taxation in Indonesia over 20 years, reviewing 83 nationally accredited articles, Amri and Aryani (2021) tools (Soetanto & Liem, 2019;Sujati & Januarti, 2021;Appah et al, 2023;Yustyarani & Yuliana, 2020;Lestari & Suryani, 2020). Furthermore, the survey method, utilizing questionnaires and interviews, constitutes 10% of the research.…”

Section: Methodsmentioning

confidence: 99%

A Decade of Research on Intellectual Capital in Indonesia: Systematic Literature Review

Kumalasari,

Aryani

2023

Shirkah

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The present study aims to scrutinize empirical evidence related to the study of intellectual capital in Indonesia. The study conducts an analysis of 60 articles from Scopus-indexed and SINTA-indexed journals over the observational period spanning from 2012 to 2023. The methodology employed in this study is the charting field method. Notably, the findings reveal that financial performance serves as the predominant metric in the exploration of intellectual capital in Indonesia over the course of a decade. Nevertheless, our mapping results unveil a critical gap in the research landscape, specifically, the inconsistency in the relationship between intellectual capital and financial performance proxies such as Return on Assets (ROA), Return on Equity (ROE), Price-to-Book Value (PBV), and Debt-to-Equity Ratio (DER). It is our aspiration that future research concerning the subject of intellectual capital will extend their scope to non-financial performance dimensions and incorporate qualitative data analysis, surveys, interviews, or the incorporation of Environmental, Social, and Governance (ESG) indicators within the context of intellectual capital exploration in Indonesia.

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Empirical Evidence of Financial Distress in Indonesia

Cited by 7 publications

References 37 publications

Effect of Corporate Governance Mechanism and Operating Cash Flow on Financial Distress

Effect of Corporate Governance Mechanism and Operating Cash Flow on Financial Distress

Fourteen Years of Sustainability Reporting Research in Accounting: Bibliographic Studies

A Decade of Research on Intellectual Capital in Indonesia: Systematic Literature Review

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