Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange

Yolanda Effendy ; Awaluddin Awaluddin ; Loso Judijanto ; Luckhy Natalia Anastasye Lotte ; Al-Amin ; Hadi Subeno
Proceeding. of The International Conference on Bus... 📅 2024 Vol 2, No 1 🔗 DOI: 10.56444/icbeuntagsmg.v2i1.1592
Abstract
This study aims to examine whether leverage, profitability and operating capacity affect financial distress in food and beverage sub-sector manufacturing companies listed on the Indonesia Stock Exchange for the period 2019-2023. The data used is secondary data obtained from www.idx.co.id website. Determination of samples in research using porpusive sampling methods with special criteria. The results of the analysis are known to be a significant value of  leverage of 0.000 < 0.05 with a calculation of -4.862 < table 1.992, so the variable leverage has a significant negative effect on financial distress conditions. The significant value on profitability is 0.000 < 0.05 with a count of 9,196 > table 1,992. So the probability variable has a significant positive effect on financial distress conditions. Significant value in Operating Capacity of 0.000 < 0.05 with a calculation of 8.422 > table 1.992, So operating capacity has a significant positive effect on financial distress.
Keywords
Leverage; Profitability; operating capacity; financial distress
How to Cite

Yolanda Effendy, et al. (2024). Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange. Proceeding. of The International Conference on Business and Economics, 2(1). https://doi.org/10.56444/icbeuntagsmg.v2i1.1592

Yolanda Effendy; Awaluddin Awaluddin; Loso Judijanto; Luckhy Natalia Anastasye Lotte; Al-Amin; Hadi Subeno, "Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange," Proceeding. of The International Conference on Business and Economics, vol. 2, no. 1, 2024.

Yolanda Effendy; Awaluddin Awaluddin; Loso Judijanto; Luckhy Natalia Anastasye Lotte; Al-Amin; Hadi Subeno. "Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange." Proceeding. of The International Conference on Business and Economics, vol. 2, no. 1, 2024.

Yolanda Effendy; Awaluddin Awaluddin; Loso Judijanto; Luckhy Natalia Anastasye Lotte; Al-Amin; Hadi Subeno. "Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange." Proceeding. of The International Conference on Business and Economics 2, no. 1 (2024).

Yolanda Effendy, et al. (2024) 'Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange', Proceeding. of The International Conference on Business and Economics, 2(1). doi: 10.56444/icbeuntagsmg.v2i1.1592.

Yolanda Effendy; Awaluddin Awaluddin; Loso Judijanto; Luckhy Natalia Anastasye Lotte; Al-Amin; Hadi Subeno. Effect of Leverage, Profitability and Operating Capacity on Financial Distress in Manufacturing Companies Listed on The Indonesia Stock Exchange. Proceeding. of The International Conference on Business and Economics. 2024;2(1).

Artikel Terkait

Human Resource Reform and Transformational Leadership As a Determinant of Employee Professionalism: Analysis of the Role of Resistance Towards Change in Public Organizations

Ika Retno Widiani, Elisabeth; Kurnia Damayanti, Ima

The Influence of Digital Leadership and Digital Culture on Organizational Performance thru Techno-Work Engagement at the Immigration Office Class I Special Check Point Semarang

Efrilia, Marisa; Viviorini; Sugiyarti, Gita

The Moderating Role of Leadership Support in Transformational Relationships Digital and Organizational Innovation towards Sustainable Performance

Nadhif Faishal, Agus; Rosabilla, Moudy

From Institutional Sustainability to Human Behavioral Engagement: An Adaptive Governance Perspective in the Mining Sector – A Literature Review

Ansari, Majid; Englishtina, Inti; Dwi Putranti, Honorata Ratnawati

The Effect of Digital Payment Implementation and Transaction Security on the Development of MSMEs with Financial Stability as a Mediating Variable(A Study of SMEs in Sorong City)

Kurniati, Wenty; Gifelem, Yowel Oktofianus

Transformational Leadership and Work-Life Balance on Job Satisfaction: The Mediating Role of Employee Engagement

Puspita, Arum; Hui Nee, Au Yong
Tren Sitasi Jurnal