PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR BARANG KIMIA DASAR DAN SUB SEKTOR BARANG KIMIA KHUSUS

Aditya Widiyanto; Egi Gumala Sari

doi:10.59806/jaatb.v3i1.347

PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR BARANG KIMIA DASAR DAN SUB SEKTOR BARANG KIMIA KHUSUS

Penulis

Aditya Widiyanto Sekolah Tinggi Ilmu Ekonomi Tri Bhakti
Egi Gumala Sari Sekolah Tinggi Ilmu Ekonomi Tri Bhakti

DOI:

https://doi.org/10.59806/jaatb.v3i1.347

Kata Kunci:

Profitabilitas, Leverage, Financial Distress

Abstrak

Purpose: This study aims to determine the effect of Profitability and Leverage on Financial Distress.

Design/methodology/approach: This research uses quantitative data, the sample in this study is sub-sector basic chemical materials and sub-sector specialty chemical materials companies which are listed on the Indonesia Stock Exchange in the period 2018 – 2022 as many as 11 companies. The analysis technique used to test the hypothesis is multiple regression analysis using Eviews 9 software.

Findings: The results of this study indicate that the Profitability variable has a negative and statistically insignificant effect on Financial Distress, Leverage variable has a negative and statistically significant effect on Financial Distress.

Originality/value: This study discusses Financial Distress and other factors such as Profitability and Leverage which focus on sub-sector basic chemical materials and sub-sector special chemical materials companies. This study uses the Altman Z-score Modification model as a measurement of Financial Distress.

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Diterbitkan

2024-09-07

Cara Mengutip

Widiyanto, A., & Gumala Sari, E. (2024). PENGARUH PROFITABILITAS DAN LEVERAGE TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR BARANG KIMIA DASAR DAN SUB SEKTOR BARANG KIMIA KHUSUS . JURNAL AKUNTANSI DAN AUDIT TRI BHAKTI, 3(1), 77–89. https://doi.org/10.59806/jaatb.v3i1.347