DETERMINAION FINANCIAL DISTRESS OF BUMN COMPANYIN INDONESIA

• Main Author: Wika Aviannie, (Author)
• Format: Book
• Published: 2020-06-29.
• Subjects: Thesis; NonPeerReviewed
• Online Access: Link Metadata

Summary

This research is a quantitative study that aims to determine the determination of financial distress in BUMN companies in Indonesia. This research uses BUMN companies in the period of 2016-2018 as a sample. Detection of financial distress is done through the calculation of the Altman Z-Score model and there are 19 companies in a state of distress. Testing the hypothesis in this study using Logistic Regression Analysis through the SPSS program with a significance level of 5% (0.05). The results of this study prove the existence of a significant negative effect on liquidity on financial distress predicted in state-owned companies listed on the Stock Exchange in the 2016-2018 period. The decline in liquidity that occurs in state-owned companies can affect financial conditions to experience financial distress. While other variables, namely, profitability and solvency do not affect the financial condition of a company to cause financial distress.

Item Description

http://repository.upnvj.ac.id/8300/2/AWAL.pdf
http://repository.upnvj.ac.id/8300/3/ABSTRAK.pdf
http://repository.upnvj.ac.id/8300/4/Bab%201.pdf
http://repository.upnvj.ac.id/8300/5/BAB%202.pdf
http://repository.upnvj.ac.id/8300/6/BAB%203.pdf
http://repository.upnvj.ac.id/8300/7/BAB%204.pdf
http://repository.upnvj.ac.id/8300/8/BAB%205.pdf
http://repository.upnvj.ac.id/8300/9/DAFTAR%20PUSTAKA.pdf
http://repository.upnvj.ac.id/8300/10/DAFTAR%20RIWAYAT%20HIDUP.pdf
http://repository.upnvj.ac.id/8300/11/LAMPIRAN.pdf
http://repository.upnvj.ac.id/8300/1/ARTIKEL%20KI.pdf