Factors Affecting Financial Distress in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020

Autor:	Cindy Cindy, Hansen Hansen, Cynthia Cynthia, Jesslyn Jesslyn, Tina Novianti Sitanggang
Rok vydání:	2021
Předmět:	Sales growth Finance education.field_of_study business.industry Population Working capital Sample (statistics) General Medicine Nonprobability sampling Debt-to-equity ratio Stock exchange Financial distress business education
Zdroj:	Budapest International Research and Critics Institute (BIRCI-Journal): Humanities and Social Sciences. 4:3213-3219
ISSN:	2615-3076 2615-1715
Popis:	This study was conducted to determine the factors affecting financial distress in Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020. The data used is sourced from the company's financial statements on the Indonesia Stock Exchange, and the sample has been selected based on predetermined criteria. The population in this study are all Manufacturing Companies in the Food and Beverage Sub-Sector Listed on the Indonesia Stock Exchange in 2016–2020 totaling 30 companies, with purposive sampling method, the sample received is 12 companies. From this research, it can be seen that sales growth and working capital turnover partially effect financial distress significantly. Institutional ownership and debt to equity ratio have an insignificant effect on financial distress. All variables have a significant effect on financial distress simultaneously.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::847b025d887e048c660b00137e0ad52d https://doi.org/10.33258/birci.v4i2.2057 Zobrazit plný text záznamu