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Pengaruh Profitabilitas dan Likuiditas Terhadap Financial Distress dengan Struktur Modal sebagai Pemoderasi

Year: 2025

Type: article

Abstract: This research intends to investigate the relationship between profitability and liquidity on financial distress, with capital structure serving as a moderating factor in firms listed on the Indonesia Stock Exchange within the basic and chemical sectors. The sample comprised 18 companies from the food and beverage industry, chosen according to the criteria of annual reports released between 2019 and 2023. The method utilized for sampling is purposive sampling. The analysis of the data was conducted through panel data moderation regression utilizing Eviews12. The findings of this research show that profitability and liquidity positively influence financial distress. The capital structure cannot serve as a moderating variable affecting the relationship between profitability and financial distress. In contrast, the capital structure can diminish the impact of liquidity on financial hardship.

Source: Jurnal Ilmu Manajemen Retail Universitas Muhammadiyah Sukabumi

DOI: 10.37150/jimat.v6i2.3887

Authors: Ilham Muhammad Afsari Nuhun, Januar Eky Pambudi

Institution: Universitas Muhammadiyah Tangerang

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: W4412370298

FWCI:

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