Abstract :
ABSTRAK
Penelitian ini bertujuan untuk menguji apakah pengaruh profitabilitas,
leverage, operating capacity dan corporate governance terhadap financial
distress pada perusahaan ritel di Bursa Efek Indonesia.
Penelitian ini menggunakan jenis penelitian asosiatif pendekatan
kuantitatif, yang diukur dengan menggunakan metoda OLS-Data Panel dan
Logistik dengan Eviews 10. Populasi dari penelitian ini adalah perusahaan ritel
yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2011 sampai dengan tahun
2017. Sampel ditentukan berdasarkan metode purposive sampling, dengan
jumlah sampel sebanyak 18 perusahaan ritel sehingga total observasi dalam
penelitian ini sebanyak 126 observasi. Data yang digunakan dalam penelitian
ini berupa data sekunder. Teknik pengumpulan data menggunakan metoda
dokumentasi melalui situs resmi IDX: www.idx.co.id dan website masing?masing perusahaan. Pengujian hipotesis dengan menggunakan uji t.
Hasil penelitian membuktikan bahwa profitabilitas berpengaruh negatif
signifikan terhadap financial distress. Leverage berpengaruh positif signifikan
terhadap financial distress. Operating Capacity berpengaruh positif signifikan
terhadap financial distress. Corporate Governance berpengaruh positif
signifikan terhadap financial distress.
Kata Kunci : Profitabilitas, Leverage, Operating Capacity, Corporate
Governance, dan Financial Distress
ABSTRACT
This study aims to examine whether the effect of profitability, leverage,
operating capacity and corporate governance on financial distress in retail
companies on the Indonesia Stock Exchange.
This study uses a quantitative approach associative research, measured
using the OLS-Data Panel and Logistics method with Eviews 10. The
population of this study is retail companies listed on the Indonesia Stock
Exchange (BEI) in 2011 to 2017. The sample is determined based on
purposive sampling method, with a total sample of 18 retail companies so that
the total observation in this study was 126 observations. The data used in this
study are secondary data. Data collection techniques using the method of
documentation through the official website of IDX: www.idx.co.id and the
website of each company. Hypothesis testing using t test.
The results of the study prove that profitability has a significant
negative effect on financial distress. Leverage has a significant positive effect
on financial distress. Operating Capacity has a significant positive effect on
financial distress. Corporate Governance has a significant positive effect on
financial distress.
Keywords : Profitability, Leverage, Operating Capacity, Corporate
Governance, dan Financial Distress