ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA

<em>Agribusiness is one of important sector in Indonesia. Agribusiness has unique characteristics and high complexity which can lead to financial problems. Therefore, its important to analyzed financial distress in agribusiness company to avoid bankruptcy. This research analyzed financial fact...

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Main Author: Annisa Nurfajrina
Format: Article
Language:English
Published: Universitas Merdeka Malang 2016-10-01
Series:Jurnal Keuangan dan Perbankan
Subjects:
Online Access:http://jurnal.unmer.ac.id/index.php/jkdp/article/view/280
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author Annisa Nurfajrina
author_facet Annisa Nurfajrina
author_sort Annisa Nurfajrina
collection DOAJ
description <em>Agribusiness is one of important sector in Indonesia. Agribusiness has unique characteristics and high complexity which can lead to financial problems. Therefore, its important to analyzed financial distress in agribusiness company to avoid bankruptcy. This research analyzed financial factors that influence financial distress in agribusiness companies listed in Indonesia stock exchange period 2010-2014. Eleven agribusiness companies were selected based on purposive sampling. This study used DSCR (debt service coverage ratio) as a proxy of financial distress. The method of analysis used panel data regression. The results showed that financial ratios are EBITDA to total assets, ROE, and TATO have a significant positive effect to DSCR. However, DAR and working capital to total assets have no significant effect to DSCR</em>
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spelling doaj.art-5510ce959d5b47bfabce80abc0cf6bc42022-12-22T01:45:39ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872016-10-01203263ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIAAnnisa Nurfajrina0Institut Pertanian Bogor<em>Agribusiness is one of important sector in Indonesia. Agribusiness has unique characteristics and high complexity which can lead to financial problems. Therefore, its important to analyzed financial distress in agribusiness company to avoid bankruptcy. This research analyzed financial factors that influence financial distress in agribusiness companies listed in Indonesia stock exchange period 2010-2014. Eleven agribusiness companies were selected based on purposive sampling. This study used DSCR (debt service coverage ratio) as a proxy of financial distress. The method of analysis used panel data regression. The results showed that financial ratios are EBITDA to total assets, ROE, and TATO have a significant positive effect to DSCR. However, DAR and working capital to total assets have no significant effect to DSCR</em>http://jurnal.unmer.ac.id/index.php/jkdp/article/view/280agribusiness companiesDSCRfinancial distresspanel data regression
spellingShingle Annisa Nurfajrina
ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
Jurnal Keuangan dan Perbankan
agribusiness companies
DSCR
financial distress
panel data regression
title ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
title_full ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
title_fullStr ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
title_full_unstemmed ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
title_short ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN AGRIBISNIS DI BURSA EFEK INDONESIA
title_sort analisis financial distress pada perusahaan agribisnis di bursa efek indonesia
topic agribusiness companies
DSCR
financial distress
panel data regression
url http://jurnal.unmer.ac.id/index.php/jkdp/article/view/280
work_keys_str_mv AT annisanurfajrina analisisfinancialdistresspadaperusahaanagribisnisdibursaefekindonesia