The Influence of Liquidity, Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia
- DOI
- 10.2991/piceeba-18.2018.51How to use a DOI?
- Keywords
- liquidity, leverage, profitability, financial distress
- Abstract
This research aims to empirically examine the influence of (1) liquidity, (2) leverage and (3) profitability on financial distress of manufacturing companies listed in Indonesian Stock Exchange (IDX). The population in this study are all manufacturing companies listed in Indonesian Stock Exchange. The research sample was selected using purposive sampling method resulted with a total of 118 companies. The research used secondary data obtained from ICMD. Logistic regression was used to analyze the data. The research results show that (1) liquidity has a negative and significant influence on financial distress of manufacturing companies, (2) leverage has a negative and significant influence on financial distress of manufacturing companies, and (3) profitability has a negative and significant influence on financial distress of manufacturing companies listed in Indonesian Stock Exchange.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Erni Masdupi AU - Abel Tasman AU - Atri Davista PY - 2018/07 DA - 2018/07 TI - The Influence of Liquidity, Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia BT - Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018) PB - Atlantis Press SP - 389 EP - 394 SN - 2352-5428 UR - https://doi.org/10.2991/piceeba-18.2018.51 DO - 10.2991/piceeba-18.2018.51 ID - Masdupi2018/07 ER -