Daftar Isi:
  • This research aims to determine whether the debt ratio consisting of leverage, liquidity, independent commissioners and institutional ownership structure affect financial distress. The sample used in this research was 85 companies in the textile and garment sub-sector for the period 2013-2017. The sampling technique used was census sampling. The data used are secondary data. In this research using logistic regression analysis to test. The results in this research showed that the Liquidity ratio effect significantly to financial distress. Whereas the leverage, independent commissioner and institutional ownership structure do not affect financial distress. Keyword : Leverage, Liquidity, Independent Commissioner, Institutional Ownership Structure, Financial Distress.