Effect of Profitability, Leverage, Liquidity and Activity Against Financial Distress Conditions | Zendy

Sugiarto Sugiarto | Zendy; Setyo Mahanani | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Open Access

Effect of Profitability, Leverage, Liquidity and Activity Against Financial Distress Conditions

Author(s) -

Sugiarto Sugiarto,

Setyo Mahanani

Publication year - 2020

Publication title -

ekbis jurnal ekonomi dan bisnis

Language(s) - English

Resource type - Journals

eISSN - 2550-1267

pISSN - 2549-4988

DOI - 10.14421/ekbis.2020.4.2.1275

Subject(s) - market liquidity , leverage (statistics) , profitability index , logistic regression , regression analysis , population , nonprobability sampling , financial distress , econometrics , distress , business , actuarial science , statistics , economics , finance , mathematics , medicine , financial system , clinical psychology , environmental health

This research aims to determine the effect of profitability, leverage, liquidity and activity on financial distress. The research period is 2018. The approach in this study is quantitative research with all manufacturing companies listed on the IDX in 2018 as the population, which were then selected by purposive sampling method to obtain samples. This research uses logistic regression analysis method. The results of the study indicate that profitability has a negative effect on financial distress as indicated by the regression coefficient of -0.40732. and the prob value. 0.0097 is less than 0.05. Leverage has a positif effect on financial distress. This refers to the regression coefficient of 0.090522 and the prob value. 0.0353 0.05. Activity has negative effect on financial distress. This refers to the regression coefficient of -0.09906 and the resulting significance value is less than required, namely 0.0047<0.05.

The content you want is available to Zendy users.

Already have an account? Click here to sign in.

Having issues? You can contact us here

Accelerating Research