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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Format: | Article |
Language: | English |
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Universitas Merdeka Malang
2016-10-01
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Series: | Jurnal Keuangan dan Perbankan |
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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> |
first_indexed | 2024-12-10T14:06:29Z |
format | Article |
id | doaj.art-5510ce959d5b47bfabce80abc0cf6bc4 |
institution | Directory Open Access Journal |
issn | 1410-8089 2443-2687 |
language | English |
last_indexed | 2024-12-10T14:06:29Z |
publishDate | 2016-10-01 |
publisher | Universitas Merdeka Malang |
record_format | Article |
series | Jurnal Keuangan dan Perbankan |
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 |