Rasio Keuangan, Financial Distress Dalam Prediksi Kebangkrutan Perusahaan Manufaktur
Abstrak
Financial distress is a financial condition of a company that is in a state of crisis. The purpose of this study is to find out the effect of liquidity, leverage, operating capacity, profitability, and firm growth on financial distress. The population of this study is manufacturing companies listed on the Indonesia Stock Exchange in 2017-2018 with the sampling technique using porposive sampling or criteria. Based on the technique, obtained sample of 112 companies. The results of this study indicate that liquidity and profitability has a significant effect on the financial distress of manufacturing companies listed on the Indonesian stock exchange. Meanwhile, leverage, operating capacity, and firm growth have no effect on the financial distress of manufacturing companies listed on the Indonesian Stock Exchange.
Referensi
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[15] Lilis. The effect of leverage, liquidity and profitability on financial distress with the effectiviness of the audit Commitee as a moderating variable. Accounting Analysis Journal .2019: 8(1). 38-44.
[16] Manzaneque, et al. Corporate Governace Effect On Financial Distress Likelihood : Evidence From Spain . Spanish Accounting Review. 2015:19(1).111-121.
[17] Puspita, M. R. (2019). Faktor-Faktor Yang Mempengaruhi Financial Distress Pada Perusahaan Manufaktur Indonesia. Jurnal AKSI ( Akuntansi dan Sistem Informasi). 2019: 4 (1), 1-12.
[18] Rahmayanti. Hadromi. Analisis Financial Distress Pada Perusahaan Manufaktur Yang Terdaftar. Jurnal Akuntansi & Ekonomika, 2017:Vol 7.
[19] Rusli. Pengaruh Rasio Keuangan terhadap kondisi financial distress perusahaan otomotif. Jurnal Bisnis dan Akuntansi. 2019: 11(2)
[20] Salloum, et al. Audit Commitee And Financial Distress In The Middle East Context : Evidence Of The Lebanese Financial Instutions. Internasional Strategic Manegement Review. 2014: 2(1). 370-380.
[21] Sudana. Manajemen keuangan perusahaan., Jakarta : Erlangga. 2015:Vol.2
[22] Utami, I. W. Pengaruh Operating Capacity, Quick Ratio, Modal Kerja dan Cash flow to sales terhadap Financial distress pada perusahaan properti dan real estate yang terdaftar di BEI periode 2015-2017. 2019:
[23] Verani. Analisis Rasio keuangan untuk memprediksi kondisi Financial Distress (Studi Empiris Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Periode 2014- 2015). Jurnal Akuntansi Maranatha, 2017:137-145.
[24] Yustika. Pengaruh Likuiditas, Leverage, Profitabilitas, Pperating Capacity, dan Biaya Agensi Menejerial terhadap Financial Distress. Jurnal FEKOM, 2015: Vol.2
[2] Agung Dharmawan. The Effect Of Liquidity, Profitability And Solvability To The Financial Distress Of Manufactured Companies Listed On The Indonesia Stock Exchange (IDX) Period Of Year 2015-2017. Academy of accounting and financial studies journal. 2019:
[3] Alvina. (2019). Analisis Rasio Keuangan Untuk Memprediksi Kondidi Financial Distress Perusahaan Manifaktur Yang Terdaftar Di BEI. JAAI. 2019: 2(2). 183-210
[4] Deviacita, A. W. Achmad, T. Analisis Pengaruh Mekanisme Corporate Governance terhadap kondisi Financial Distress. Diponegoro Journal of Accounting. 2012: 2(2), 1-15.
[5] Elen .Pengaruh Rasio Likuiditas, Leverage, Operating Capacity, Dan Sales Growth Terhadap Financial Distress. E-Journal Akuntansi Universitas Udayana. 2019: 11(2). 456-469.
[6] Erni. The Influence of Liquidity, Leverage, and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia. Advances in Economics, Business and management research. 2018:Vol.57
[7] Hanifah. Pengaruh Struktur Corporate Governance Dan Financial Indicator Terhadap Kondisi Financial Distress. Diponegoro Journal of accounting. 2013: 2(2),1-15.
[8] Harahap. Analisis Kritis atas Laporan Keuangan. Jakarta: Raja Grafindo Persada. 2011.
[9] Hidayat. Meiranto. Prediksi Financial Distress Perusahaan Manufaktur Di Indonesia. Diponegoro Jurnal Akuntansi. 2014: 3(2), 1-11.
[10] Jamal. Shah. The Impact Of Corporate Governance On The Cost Of Equity : Emperical Evidence From Pakistan Listed Companies. Jinnah Business Review. 2017: 5(2). 49-53.
[11] Julius. Pengaruh Financial Leverage, Firm Growth, Laba dan Arus Kas terhadap Financial Distress (Studi Emperis pada Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Tahun 2010-2014). JOM Fekon. 2017:
[12] Joicenda. Agustina . (2019). Investigating The Effect Of Liquidity, Leverage, Sales Growth And Good Corporate Governance On Financial Distress. Journal Of Accounting And Strategic Finance. 2019: 2(2). 143-156.
[13] Kristiani. Nuhumury. The Effect Of Public Accounting Firm Size, Financial Distress, Institutional Ownship, And Management Change On The Auditor Switching In Manufacturing Companies Listed In Indonesian Stock Exchanges. Journal Economi. 2014: 22(1). 1-6.
[14] Kusanti. Andayani. (2015). Pengaruh Good Corporate Governance Dan Rasio Keuangan Terhadap Financial Distress. Jurnal Ilmu dan Riset Akuntansi. 2015: 4(10). 1-22.
[15] Lilis. The effect of leverage, liquidity and profitability on financial distress with the effectiviness of the audit Commitee as a moderating variable. Accounting Analysis Journal .2019: 8(1). 38-44.
[16] Manzaneque, et al. Corporate Governace Effect On Financial Distress Likelihood : Evidence From Spain . Spanish Accounting Review. 2015:19(1).111-121.
[17] Puspita, M. R. (2019). Faktor-Faktor Yang Mempengaruhi Financial Distress Pada Perusahaan Manufaktur Indonesia. Jurnal AKSI ( Akuntansi dan Sistem Informasi). 2019: 4 (1), 1-12.
[18] Rahmayanti. Hadromi. Analisis Financial Distress Pada Perusahaan Manufaktur Yang Terdaftar. Jurnal Akuntansi & Ekonomika, 2017:Vol 7.
[19] Rusli. Pengaruh Rasio Keuangan terhadap kondisi financial distress perusahaan otomotif. Jurnal Bisnis dan Akuntansi. 2019: 11(2)
[20] Salloum, et al. Audit Commitee And Financial Distress In The Middle East Context : Evidence Of The Lebanese Financial Instutions. Internasional Strategic Manegement Review. 2014: 2(1). 370-380.
[21] Sudana. Manajemen keuangan perusahaan., Jakarta : Erlangga. 2015:Vol.2
[22] Utami, I. W. Pengaruh Operating Capacity, Quick Ratio, Modal Kerja dan Cash flow to sales terhadap Financial distress pada perusahaan properti dan real estate yang terdaftar di BEI periode 2015-2017. 2019:
[23] Verani. Analisis Rasio keuangan untuk memprediksi kondisi Financial Distress (Studi Empiris Perusahaan Manufaktur yang terdaftar di Bursa Efek Indonesia Periode 2014- 2015). Jurnal Akuntansi Maranatha, 2017:137-145.
[24] Yustika. Pengaruh Likuiditas, Leverage, Profitabilitas, Pperating Capacity, dan Biaya Agensi Menejerial terhadap Financial Distress. Jurnal FEKOM, 2015: Vol.2
Diterbitkan
2020-06-26
##submission.howToCite##
Firda Rismadhani, & Kadarningsih, A. (2020). Rasio Keuangan, Financial Distress Dalam Prediksi Kebangkrutan Perusahaan Manufaktur. Kompak :Jurnal Ilmiah Komputerisasi Akuntansi , 13(1), 154 - 161. https://doi.org/10.51903/kompak.v13i2.689
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