ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR PROPERTY, REAL ESTATE, DAN BUILDING CONSTRUCTION DI INDONESIA

Fauzy, Miftahul (2019) ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI FINANCIAL DISTRESS PADA PERUSAHAAN SEKTOR PROPERTY, REAL ESTATE, DAN BUILDING CONSTRUCTION DI INDONESIA. Other thesis, Universitas Pembangunan Nasional Veteran Yogyakarta.

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Abstract

Penelitian ini bertujuan untuk mengetahui dan menguji faktor-faktor yang mempengaruhi financial distress. Faktor-faktor dalam penelitian ini adalah likuiditas, profitabilitas, aktivitas, dan sales growth. Financial distress diukur dengan menggunakan metode Springate. Likuiditas diukur menggunakan rumus Current Ratio (CR), Return On Asset (ROA) digunakan untuk mengukur profitabilitas, dan Total Asset Turnover (TAT) digunakan untuk mengukur aktivitas. Populasi dalam penelitian ini adalah 73 perusahaan sektor property, real estate, dan buiding construction yang terdaftar di Bursa Efek Indonesia periode 2013-2017. Berdasarkan teknik pengambilan sampel purposive sampling diperoleh 18 sampel perusahaan yang memenuhi kriteria selama lima tahun pengamatan dengan total 90 data observasi. Teknik analisis data dalam penelitian ini menggunakan analisis regresi logistik. Hasil penelitian menunjukkan bahwa likuiditas, profitabilitas, dan aktivitas berpengaruh signifikan terhadap financial distress, sedangkan sales growth tidak berpengaruh terhadap financial distress pada perusahaan sektor property, real estate, dan buiding construction yang terdaftar di BEI periode 2013-2017. Kata Kunci : Financial Distress, Likuiditas, Profitabilitas, Aktivitas, Sales Growth ABSTRACK This research aims to determine and examines the factors that influence financial distress. The factors in this research are liquidity, profitability, activity, and sales growth. Financial distress is measured using the Springate method. Liquidity is measured using Current Ratio (CR), Return On Assets (ROA) is used to measure profitability, and Total Asset Turnover (TAT) is used to measure activity. The population in this research were 73 property, real estate and buiding construction companies listed on the Indonesia Stock Exchange for the period 2013-2017. Based on purposive sampling technique, 18 samples of companies were obtained that met the criteria for five years of observation with a total of 90 observation data. The data analysis technique in this research is logistic regression analysis. The results showed that liquidity, profitability, and activity had a significant effect on financial distress, while sales growth did not affect financial distress in the property, real estate, and construction sector companies listed on the Indonesia Stock Exchange for the period 2013-2017. Keywords : Financial Distress, Liquidity, Profitability, Activity, Sales Growth

Item Type: Thesis (Other)
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Sarimin Sarimin
Date Deposited: 13 Jun 2019 03:21
Last Modified: 13 Jun 2019 03:21
URI: http://eprints.upnyk.ac.id/id/eprint/19817

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