Pengaruh rasio aktifitas, dan corporate Governance terhadap financial distress
Daftar Isi:
- This study aimed to determine and analyze the influence of total asset turnover, board of director, board of commissioner, institutional ownership, and managerial ownership against financial distress. Financial distress as dependent variable measured by interest coverage ratio. The independent variables in this study measured by total asset turnover, board of director, board of commissioner, managerial ownership, and institutional ownership. This research used quantitative methods. The population in this study is manufacturing company listed on the Indonesia Stock Exchange in 2013-2017. Based on purposive sampling method, acquired 271 companies that the research sample. The data used is secondary data obtained from the Indonesia Stock Exchange for manufacturing company in 2013-2017. Data analysis technique used is logistic regression analysis. The result showed that total asset turnover had a significantly effect on the financial distress, while board of director, board of commissioner, institutional ownership, and managerial ownership does not significantly effect on the financial distress. Keywords: financial distress, total asset turnover, board of director, board of commissioner, institutional ownership, managerial ownership