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PERAN GCG DALAM MENGURANGI FINANCIAL DISTRESS: Dampak Penjualan dan Struktur Modal

Year: 2024

Type: article

Abstract: This study examines how sales growth and capital structure affect financial hardship and finds that sound corporate governance acts as a mitigating factor. The research population includes companies in the transportation, utilities, and infrastructure sectors listed on the IDX during the 2018–2019 period. The sample was selected using purposive sampling, with 28 companies analyzed from 2018 to 2023, resulting in a total of 168 data points. Moderated Regression Analysis (MRA) utilizing SPSS 25 was used for the analysis. The results show that while capital structure has a beneficial influence on financial hardship, sales growth has a negative effect. Furthermore, good corporate governance strengthens the relationship between sales growth, capital structure, and financial distress.

Source: Journal Publicuho

DOI: 10.35817/publicuho.v7i4.564

Authors: Anandya Zalva Yunnafisah, Muhadjir Anwar, Fani Khoirotunnisa

Institution: University of Pembangunan Nasional Veteran Jawa Timur

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4404717037

FWCI: 1.015

Cites: 9

Cited by: 1

Related to: 10