Pengaruh Kinerja Keuangan dan Non Keuangan terhadap Financial Distress

Abstract

The purpose of this study is to find the results of the analysis of the effect of financial and non-financial performance on financial distress in automotive companies listed on the Indonesia Stock Exchange for the 2016-2020 period. Logistic regression analysis was used in this study. The purposive sampling technique in this study produced ten companies that were sampled. The test results show that profitability, leverage, executive compensation, and political connection affect financial distress. Partially profitability, executive compensation, and political connection have no influence on financial distress. On the other hand, leverage has a positive influence on financial distress.