CD Skripsi
Efek Moderasi Good Corporate Governance: Dampak Kinerja Perusahaan Dan Firm Size Terhadap Probabilitas Financial Distress (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode 2015-2017)
ABSTRACT
This study aims to examine the effect of profitability and firm size which is moderated by good corporate governance on the probability of financial disttress. profitability is assessed using ROE proxies and firm size is measured using Logarithm Natural total assets, good corporate governance is measured by cgpi score and financial distress is measured by no.
The data used in this study are secondary data in the form of annual reports from 2015-2017 obtained from the Indonesia Stock Exchange site or www.idx.co.id. The population in this study amounted to 159 manufacturing companies listed on the Indonesia Stock Exchange with a sampling technique using purposive sampling obtained as many as 102 companies. Testing the hypothesis in this study uses logistic regression analysis with the help of the SPSS application.
The results obtained showed that (1) profitability has a significant negative effect on the probability of financial distress (2) firm size has a significant negative effect on the probability of financial distress (3) good corporate governance has a negative with significant 10% effect on the probability of financial distress (4) good corporate governance can Moderating the negative influence of profitability on the probability of financial distress (5) good corporate governance can moderate the negative influence of firm size on the probability of financial distress.
Keywords: Profitability, firm size, and good corporate governance on the probability of financial distress.
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