Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)

The Influence of Liquidity, Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia

Authors
Erni Masdupi, Abel Tasman, Atri Davista
Corresponding Author
Erni Masdupi
Available Online July 2018.
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/).

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Volume Title
Proceedings of the First Padang International Conference On Economics Education, Economics, Business and Management, Accounting and Entrepreneurship (PICEEBA 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
July 2018
ISBN
978-94-6252-581-8
ISSN
2352-5428
DOI
10.2991/piceeba-18.2018.51How to use a DOI?
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  -