Abstract :
This study aims to determine the effect of liquidity performance, solvency performance, asset management performance and profitability performance that will impact the financial distress conditions in retail trading companies listed on the Indonesia Stock Exchange. The data analysis method of this research used logistic regression analysis. The tool of analysis used Eviews10. The population of this research was all retail trading companies listed on the Indonesia Stock Exchange in 2012 until 2017 as many as 26 companies. The sample was determined based on purposive sampling technique, with a total sample of 15 companies so that the total observation in this study was 90 observations. Research showed that the variable liquidity performance, management asset performance and profitability performance have a significant negative effect on financial distress in retail trading companies listed on the Indonesia Stock Exchange. Meanwhile, the solvency performance variable had a significant positive effect on financial distress in retail trading companies listed on the Indonesia Stock Exchange. Then, the variables of liquidity performance, solvency performance, management asset performance and profitability performance jointly influence financial distress in retail trading companies listed on the Indonesia Stock Exchange.
Keywords : Financial distress, Likuiditas, Solvabilitas, Management assets, Profitabilitas