Abstract :
This study aims to analyze the influence of Debt to Asset Ratio, operating cash flow, and the board of directors on financial distress. The data used in this research is secondary data. The population in this study are retail and tourism, restaurant, and hotel sector companies listed on the Indonesia Stock Exchange (IDX) in 2017-2019 as the research period. The sampling selection method used is purposive sampling method and obtained as many as 63 companies with a total of 166 samples. Hypothesis testing is done by using multiple linear regression analysis. The results of this research showed that the Debt to Asset Ratio has a negative effect on financial distress. Meanwhile, operating cash flow and the board of directors have no effect on financial distress.
Keywords: Debt to Asset Ratio, Operating Cash Flow, Board of Directors, Financial Distress.