Analysis of Financial Distress with Profitability as Moderation Variable
The purpose of this research is to know and analyze the performance of profitability to measure its ability to strengthen or weaken about impact liquidity, leverage, and also operating capacity for financial distress. Furthermore, there are 39 of Indonesia Stock Exchange infrastructure companies as...
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Universitas Tarumanagara
2021-08-01
|
| Series: | Jurnal Akuntansi |
| Subjects: | |
| Online Access: | https://ecojoin.org/index.php/EJA/article/view/807 |
| _version_ | 1798016471831412736 |
|---|---|
| author | Wiwi Idawati, Aditya Kusuma Wardhana |
| author_facet | Wiwi Idawati, Aditya Kusuma Wardhana |
| author_sort | Wiwi Idawati, Aditya Kusuma Wardhana |
| collection | DOAJ |
| description | The purpose of this research is to know and analyze the performance of profitability to measure its ability to strengthen or weaken about impact liquidity, leverage, and also operating capacity for financial distress. Furthermore, there are 39 of Indonesia Stock Exchange infrastructure companies as long as 2016-2020 as samples in this study. The results of the data analysis show that liquidity variables do not signiifkan to financial distress, and leverage is significantly positive to financial distress and operating capacity is significantly negative to financial distress. Profitability strengthens liquidity relationships to financial distress. As for the relationship of leverage and also operating capacity to financial distress can not be moderated profitability. |
| first_indexed | 2024-04-11T15:51:10Z |
| format | Article |
| id | doaj.art-3ae6a29d8d6449a886c6962412ca4f44 |
| institution | Directory Open Access Journal |
| issn | 1410-3591 2549-8800 |
| language | English |
| last_indexed | 2024-04-11T15:51:10Z |
| publishDate | 2021-08-01 |
| publisher | Universitas Tarumanagara |
| record_format | Article |
| series | Jurnal Akuntansi |
| spelling | doaj.art-3ae6a29d8d6449a886c6962412ca4f442022-12-22T04:15:17ZengUniversitas TarumanagaraJurnal Akuntansi1410-35912549-88002021-08-0125222223810.24912/ja.v25i2.807801Analysis of Financial Distress with Profitability as Moderation VariableWiwi Idawati, Aditya Kusuma Wardhana01Department Accounting, STIE Indonesia Banking School, Jakarta, Indonesia 2Department Accounting, STIE Indonesia Banking School, Jakarta, IndonesiaThe purpose of this research is to know and analyze the performance of profitability to measure its ability to strengthen or weaken about impact liquidity, leverage, and also operating capacity for financial distress. Furthermore, there are 39 of Indonesia Stock Exchange infrastructure companies as long as 2016-2020 as samples in this study. The results of the data analysis show that liquidity variables do not signiifkan to financial distress, and leverage is significantly positive to financial distress and operating capacity is significantly negative to financial distress. Profitability strengthens liquidity relationships to financial distress. As for the relationship of leverage and also operating capacity to financial distress can not be moderated profitability.https://ecojoin.org/index.php/EJA/article/view/807liquidityleverageoperating capacityprofitabilityfinancial distress. |
| spellingShingle | Wiwi Idawati, Aditya Kusuma Wardhana Analysis of Financial Distress with Profitability as Moderation Variable Jurnal Akuntansi liquidity leverage operating capacity profitability financial distress. |
| title | Analysis of Financial Distress with Profitability as Moderation Variable |
| title_full | Analysis of Financial Distress with Profitability as Moderation Variable |
| title_fullStr | Analysis of Financial Distress with Profitability as Moderation Variable |
| title_full_unstemmed | Analysis of Financial Distress with Profitability as Moderation Variable |
| title_short | Analysis of Financial Distress with Profitability as Moderation Variable |
| title_sort | analysis of financial distress with profitability as moderation variable |
| topic | liquidity leverage operating capacity profitability financial distress. |
| url | https://ecojoin.org/index.php/EJA/article/view/807 |
| work_keys_str_mv | AT wiwiidawatiadityakusumawardhana analysisoffinancialdistresswithprofitabilityasmoderationvariable |