| NIM | C1H016026 |
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| Namamhs | MEGA YULIASTARI |
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| Judul Artikel | The influence of financial ratios and macroeconomic indicators in predicting financial distress (empirical study in the consumer goods sector companies) |
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| Abstrak (Bhs. Indonesia) | Tujuan dari penelitian ini adalah untuk menganalisis dan menemukan bukti empiris pengaruh rasio keuangan yang diproksikan dengan Current asset turnover, Asset turnover, Days sales in receivables, Cash flow to total debt, Total liabilities to total assets dan Indikator Makroekonomi yaitu diproksikan dengan inflasi dan suku bunga BI pada financial distress. Penelitian ini menggunakan pendekatan kausal asosiatif dan data yang digunakan adalah data sekunder. Objek yang digunakan dalam penelitian ini adalah perusahaan sektor barang konsumsi yang terdaftar di Bursa Efek Indonesia periode 2014-2018. Sampel penelitian ini adalah 36 perusahaan. Teknik analisis data yang digunakan adalah regresi logistik. Hasil penelitian menunjukkan bahwa perputaran current asset turnover, asset turnover and cash flow to total debt berdampak pada financial distress. Sedangkan days sales in receivables, total liabilities to total assets, sensitivitas inflasi dan sensitivitas BI Rate tidak berpengaruh terhadap financial distress. Oleh karena itu, manajemen perusahaan perlu memproritaskan kebijakan dan juga menggunakan yang terkait dengan current assets turnover, asset turnover dan cash flow to total debt secara proporsional serta melakukan pengendalian biaya operasional secara lebih efisien guna meningkatkan pendapatan dan laba bersih perusahaan sehingga perusahaan mampu membayar angsuran dan biaya bunga dari hutang tersebut. |
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| Abtrak (Bhs. Inggris) | The purpose of this research is to analyze and find empirical evidence of the effect of financial ratios that are proxied by Current asset turnover, Asset turnover, Days sales in receivables, Cash flow to total debt, Total liabilities to total assets and macroeconomic indicators which are proxied by inflation and BI interest rates on financial distress. This study uses an assosiative causal approach and the data used is the secondary data. The object used in this study is consumer goods sector companies listed in Indonesia Stock Exchange at the period 2014-2018. The sample of this study was 36 companies. Data analysis technique used is logistic regression. Research finding shows that current asset turnover, asset turnover and cash flow to total debt have an impact on financial distress. While the days sales in receivables, total liabilities to total assets, sensitivity of inflation and sensitivity of BI Rates has no influence on financial distress. Therefore, company management needs to prioritize policies and also be able to use current assets, total assets and total debt proportionately and control operational costs more efficiently in order to increase the company's revenue and net profit and then the company is able to pay installments and interest costs from the debt. |
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| Kata kunci | Financial Distress; Financial ratios; Macroeconomic indicators; sensitivity of inflation; Sensitivity of BI Rates; Logistic Regression; |
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| Pembimbing 1 | Dr. Najmudin,SE. M.Si |
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| Pembimbing 2 | Meutia Karunia Dewi, SE. M.Si |
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| Pembimbing 3 | Dr. Intan Shaferi,SE. M.Si |
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| Tahun | 2020 |
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| Jumlah Halaman | 12 |
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| Tgl. Entri | 2020-08-26 21:50:34.078996 |
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