How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022

Annisa Rosa Meiliana ; Muslimin Muslimin ; Nindytia Puspitasari Dalimunthe
International Journal of Economics, Management and... 📅 2024 Vol 1, No 3 🔗 DOI: 10.61132/ijema.v1i3.213
Abstract
The objective of this study is to investigate and gather empirical data about the impact of leverage, firm size, and cash flow on financial distress in construction companies that are listed on the Indonesian Stock Exchange between 2018 and 2022. Research data is evaluated using logistic regression using SPSS 23 for Windows, using secondary data gathered from the company's annual financial reports and official website. According to the study's findings, three factors significantly influence financial distress: 1) leverage has no effect; 2) firm size has a negative effect; and 3) cash flow has no effect. The results of this research can be used as a basis for taking corrective action if there are indications that the company is experiencing financial distress. Thus, to better manage the firm's financial risks, even though company size is the only major element, management should nevertheless keep an eye on other factors like liquidity and cash flow.
Keywords
Leverage; Firm Size; Cash Flow; Financial Distress
How to Cite

Annisa Rosa Meiliana, et al. (2024). How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022. International Journal of Economics, Management and Accounting, 1(3). https://doi.org/10.61132/ijema.v1i3.213

Annisa Rosa Meiliana; Muslimin Muslimin; Nindytia Puspitasari Dalimunthe, "How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022," International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Annisa Rosa Meiliana; Muslimin Muslimin; Nindytia Puspitasari Dalimunthe. "How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022." International Journal of Economics, Management and Accounting, vol. 1, no. 3, 2024.

Annisa Rosa Meiliana; Muslimin Muslimin; Nindytia Puspitasari Dalimunthe. "How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022." International Journal of Economics, Management and Accounting 1, no. 3 (2024).

Annisa Rosa Meiliana, et al. (2024) 'How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022', International Journal of Economics, Management and Accounting, 1(3). doi: 10.61132/ijema.v1i3.213.

Annisa Rosa Meiliana; Muslimin Muslimin; Nindytia Puspitasari Dalimunthe. How Does Leverage, Firm Size, and Cash Flow Affect The Financial Distress? In Construction Companies Listed On The Indonesia Stock Exchange In 2018-2022. International Journal of Economics, Management and Accounting. 2024;1(3).

Artikel Terkait

The Effect of Corporate Social Responsibility (CSR) Disclosure and Political Connection on Corporate Tax Avoidance: A Study from Indonesia’s Mining Sector Listed Companies

Kinanti Ranum Falina; Retno Yuni Nur Susilowati

Do Ethical Standards Matter? Evidence on Auditor Behavior and Audit Quality

Yohanes Sri Guntur; Maria Goretti Kentris Indarti; Pancawati Hardiningsih; Jacobus Widiatmoko

The Role of Work-Life Balance, Motivation, and Work Environment on Employee Performance of PT Pupuk Indonesia (Persero) Regional 2

Riska Putri Utami; Raden Ayu Aminah Rizkia Puspita Sari; Artha Febriana; Haunan Damar

The Impact of Electronic Word-of-Mouth (eWOM) on Consumer Purchase Intention: The Mediating Role of Trust

Chengxuan Wang; Yaqi Zhang

Enhancing Organizational Performance Through Strategic Human Resource Management in Public Sector Organizations

A.M Fadli Mappisabbi; Mursalin Mursalin; Nurasia Natsir

Patient Engagement and Self-Efficacy Effects on Quality of Life,the Mediating Role of Accessibility

Aulia Putri Evindra; Kemala Rita; Sandra Dewi
Tren Sitasi Jurnal