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Innovative Approaches to Financial Distress: The Impact of Company Size and Sales Growth on Food and Beverage Companies Listed on the Indonesia Stock Exchange

Year: 2024

Type: article

Abstract: This study aims to examine the direct effects of company size and sales growth on financial distress in food and beverage companies listed on the Indonesia Stock Exchange (IDX) for the period 2018-2022. The research adopts a quantitative approach, utilizing a sample of 235 observations drawn from a population of 84 companies within the food and beverage subsector. Secondary data from publicly available reports from the IDX was used for this analysis. The data were analyzed using the SmartPLS 3.0 model. The results indicate that company size does not significantly influence financial distress, and similarly, sales growth does not have a significant impact on financial distress.

Source: International Journal of Information System and Innovation Management (IJISIM)

DOI: 10.55583/ijisim.v2i2.1156

Authors: Yayu Kusdiana, Ramadahniel Islami, Nanda Suryadi

Institutions: STIE Mahaputra Riau, Universitas Islam Negeri Sultan Syarif Kasim Riau

Language: English

Topic: Financial Distress and Bankruptcy Prediction

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Decent work and economic growth

Open Access status: diamond

OpenAlex ID: W4409394147

FWCI:

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