PENGARUH KINERJA KEUANGAN DAN MEKANISME CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2011-2014)
Abstract: Financial distress
is the financial difficulties experienced by a company before the company become
bankruptcy. The prediction of financial distress is necessary to anticipate a
company into bankruptcy. While the company showed the signal will be
bankruptcy, show the parties concerned such as managers, investors, and
business owners will soon take a decision anticipated for bankcruptcy.
Financial ratios in this study using indicators such as leverage ratio,
liquidity ratios, activity ratios, profitability ratios, independent board and
audit committee competence on a predicted occurrence of Financial distress.The
population in this study was all manufacturing companies listed in Indonesia
stock exchange and continuosly published financial statement in the periode
2011-2014. The sample is determined by purposive sampling technique and used of
79 companies as samples. This analysis used logistic regression analysis. The
result of this research showed that the leverage ratio and the ratio of
activity affect the prediction of the occurrence of financial distress, while
liquidity ratios, profitability ratios, independent board, and the competence
of the audit committee do not affect the prediction of financial distress.
Penulis: Anis Mafiroh, Triyono
Kode Jurnal: jpakuntansidd160739
