(PEER REVIEW + SIMILARITY + DOCUMENT) ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KONDISI FINANCIAL DISTRESS PADA PERUSAHAAN YANG TERDAPAT DI BEI Tahun 2016-2018 (Studi Empiris pada Perusahaan Manufaktur Sub Sektor yang Terdaftar di Bursa Efek Indonesia)

Sholikha, Imro'atus and Susbiyani, Arik and IBNA, IBNA KAMILIA FIEL AFROH (2019) (PEER REVIEW + SIMILARITY + DOCUMENT) ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI KONDISI FINANCIAL DISTRESS PADA PERUSAHAAN YANG TERDAPAT DI BEI Tahun 2016-2018 (Studi Empiris pada Perusahaan Manufaktur Sub Sektor yang Terdaftar di Bursa Efek Indonesia). Universitas Pendidikan Ganesha.

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Official URL: https://ejournal.undiksha.ac.id/index.php/IJSSB/ar...

Abstract

Financial distress is a condition where a company experiences financial difficulties to fulfill its obligations. There are several companies that are delisted (issued) from the Indonesia Stock Exchange in 2017 including the Ciputra Property Tbk CTRP, CTRS Ciputra Surya Tbk, SOBI Sorini Agro Asia Corporindo Tbk, Cipaganti Citra Graha Tbk CPGT, INVS Inovisi Infracom Tbk, BRAU Berau Coal Energi Tbk , TKGA Toko Gunung Agung Tbk and LAMI Lamicitra Nusantara Tbk. Where CTRP and CTRS experienced delisting due to a merger with CTRA. Three of these property companies merged. CTRA, CTRS and CTRP shares merged into CTRA shares. Merging CTRS, CTRP into CTRA is done with the conversion factor as follows: Where CTRS shareholders convert to CTRA 1: 2.13 shares and CTRP shareholders convert to CTRA 1: 0.55 shares. With the merger, CTRS and CTRP shares are no longer on the market or are delisted from the stock. The variables used in this study are Liquidity Ratios, Leverage Ratios, Profitability Ratios. The results of this study Liquidity Ratio does not affect financial distress, the H1 hypothesis is rejected. Leverage ratio does not affect financial distress, the H2 hypothesis is rejected. The Profitability Ratio does not affect financial distress, the H3 hypothesis is rejected.

Item Type:	Peer Review
Subjects:	300 Social Science > 330 Economics > 332 Financial Economics, Finance
Divisions:	Faculty of Economics > Department of Accounting (S1)
Depositing User:	Arik Susbiyani
Date Deposited:	15 Jun 2022 07:24
Last Modified:	15 Jun 2022 07:24
URI:	http://repository.unmuhjember.ac.id/id/eprint/13856

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