Financial Distress Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

Hutauruk, Martinus Robert; Mansyur, Mansyur; Rinaldi, Muhammad; Situru, Yisar Renza

doi:10.46367/jps.v2i2.381

Cited by 17 publications

(16 citation statements)

References 2 publications

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“…PT Ramayana Lestari Sentosa Tbk menutup 19 toko Ramayana pada tahun 2021. Pandemic covid-19 menjadi pemicu pembatasan operasional pada berbagai pusat perbelanjaan sehingga menimbulkan turunnya minat beli oleh masyarakat sekitar [3]. Lalu PT.…”

Section: Pendahuluanunclassified

Pengaruh Human Capital, Intangible Asset, Diversifikasi dan Investasi Teknologi Informasi terhadap Financial Distress dalam Situasi Covid-19

Pangi

Dewi

2023

INFEB

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This study aims to examine the effect of Human Capital, Intangible Assets, Diversification and Information Technology Investment on Financial Distress in the Covid-19 Situation. The population in this study are Primary and Non-Primary Consumer companies listed on the Indonesia Stock Exchange (IDX) in the 2019-2021 period. The data used is secondary data obtained from annual reports or company financial reports through the website www.idx.co.id or the website of each company. The study used a purposive sampling method with several criteria and the results obtained were 114 sample data. Methods of data analysis using descriptive test, classic assumption test and multiple linear regression test using SPSS software. The results of this study indicate that: Human Capital has no effect on Financial Distress, Intangible Assets have no effect on Financial Distress, Diversification has a negative effect on Financial Distress, Information Technology Investment has no effect on Financial Distress.

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Section: Pendahuluanunclassified

Pengaruh Human Capital, Intangible Asset, Diversifikasi dan Investasi Teknologi Informasi terhadap Financial Distress dalam Situasi Covid-19

Pangi

Dewi

2023

INFEB

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“…Financial performance can also be interpreted as the company's financial performance, which can be seen in how the company survives and the company's ability to generate profits. This performance can be measured using ratios such as Profitability and Leverage [8].…”

Section: Financial Performancementioning

confidence: 99%

“…Profitability is the ability of a company to generate earnings through its investments by company management with certain policies. One profitability measurement uses the Return On Assets (ROA) ratio [8], [9]. ROA is a measurement used to find out how well the company's assets are used to generate profits.…”

Section: Profitabilitymentioning

confidence: 99%

Financial Performance's Impact on Tax Avoidance

et al. 2023

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The issue in this study is Indonesia's inability to realize its full potential in terms of tax income, which is declining every year. This study investigates how tax avoidance is impacted by profitability and Leverage. For the Indonesia Stock Exchange (IDX) population in 2017–2019, 73 manufacturing firms in the Basic and Chemical Industry category were selected. So that 28 businesses satisfied the requirements, the sample was chosen using purposive sampling. The study concludes that profitability discourages tax evasion. Therefore, the corporation is more likely to engage in tax evasion the lower its profitability value. Leverage has no bearing on tax evasion. Hence businesses with high or low debt ratios can engage in it. Another result that can be justified is that.

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“…Additionally, according to Hutauruk et al (2021) companies with high liquidity ratios are less likely to face bankruptcy threats because good liquidity indicates that the company is financially capable of fulfilling its short-term debts. However, Fitri & Syamwil (2020) found that liquidity does not have an impact on a company's financial distress condition.…”

Section: Hypotheses Relationship Liquidity On Financial Distressmentioning

confidence: 99%

Analysis of Financial Ratios to Predict Financial Distress Conditions of Manufacturing Companies Listed on the Indonesian Stock Exchange

Abdullah¹,

Mirosea²,

Aswati³

et al. 2023

J. Professional Business Review

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Purpose: This aimsof this study is to identify and analyze the effects of liquidity, profitability, and leverage ratio changes to predict financial distress experienced by manufacturing companies listed on the Indonesian stock exchange. Theoretical framework: The quality of financial reports can improve and enhance a company’s financial performance and confirm the agency theory. The use of financial report quality can help explain relationship conflicts between the principal and the agents and strengthen the explanation of agency theory. Design/Methodology/Approach: The methodology this study used secondary data from the Indonesian stock exchange website. The research population consisted of all manufacturing companies listed on the Indonesian stock exchange. The sample of this study was chosen based on purposive sampling techniques resulting in 15 manufacturing companies meeting the criteria for analysis using logistic regression. The data were analyzed in a quantitative manner using SPSS version 23. Findings: The result of this research confirm the notion of agency theory stating that current ratio (CR) and return on assets (ROA) have negative and significant effects on financial distress. However, the debt-to-asset ratio (DAR) variable does not significantly affect financial distress. These findings indicate that a good current ratio and return on assets of a company will affect the company’s financial conditions while the effect of the debt-to-asset ratio (DAR) is not significant because the company is experiencing financial pressure in settling long-term debts. Research, Practical & Social implications: The study contributes to strengthening previous research findings and helps provide useful information to investors, manufacturing companies, and the business world in general on the Indonesian Stock Exchange in predicting the financial conditions of companies that are experiencing financial distress. Originality/Value: The value of the study contributes ideas to improve the quality of financial information, especially for accounting professional institutions (standard setters) and regulators to improve the quality of financial accounting standards in order to provide quality information to investors, government, stakeholders, and business society in general.

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Financial Distress Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia

Cited by 17 publications

References 2 publications

Pengaruh Human Capital, Intangible Asset, Diversifikasi dan Investasi Teknologi Informasi terhadap Financial Distress dalam Situasi Covid-19

Pengaruh Human Capital, Intangible Asset, Diversifikasi dan Investasi Teknologi Informasi terhadap Financial Distress dalam Situasi Covid-19

Financial Performance's Impact on Tax Avoidance

Analysis of Financial Ratios to Predict Financial Distress Conditions of Manufacturing Companies Listed on the Indonesian Stock Exchange

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