PENGARUH LIKUIDITAS, PROFITABILITAS, LEVERAGE, ARUS KAS DAN SUKU BUNGA TERHADAP FINANCIAL DISTRESS (Studi Pada Perusahaan Sektor Perdagangan Eceran Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2021)

Fikri, Adnan; Sarita, Buyung; Hajar, Ibnu; Amstrong, Valentinus; Enny Wati, Enny Wati

doi:10.55598/jmk.v15i1.30899

Open access Jurnal

PENGARUH LIKUIDITAS, PROFITABILITAS, LEVERAGE, ARUS KAS DAN SUKU BUNGA TERHADAP FINANCIAL DISTRESS (Studi Pada Perusahaan Sektor Perdagangan Eceran Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2021)

Jurnal Manajemen dan Kewirausahaan · Vol. 15 No. 1 (2023) · pp. 26–40

DOI: 10.55598/jmk.v15i1.30899
ISSN: 2685-5151, 2085-0085
Published: 2023-02-03
Publisher: Jurusan Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Halu Oleo
Language: eng
License: creativecommons.org/licenses/by-sa/4.0

Abstract

This study aims: (1) to test empirically the effect of total liquidity on financial distress; (2) empirically test the effect of profitability on financial distress; (3) empirically test the effect of leverage on financial distress; (4) empirically test the effect of cash flow on financial distress; (5) Test empirically the effect of interest rates on financial distress. The population in this study are all retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021. The sample of this study were 19 companies from the retail trade sector. The results of the study show that: (1) liquidity has a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (2) profitability has a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (3) leverage has a positive and insignificant effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (4) cash flows have no effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (5) interest rates have a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021.

Keywords

Collaboration network of the authors

40 authors · 165 co-authorship links · 3 across different organisations · showing the 40 most connected

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Universiti Teknologi MARA
Malaysian Nuclear Agency
Affiliation unknown

Different organisations
Same organisation
Affiliation unknown
Thicker line = more joint articles · bigger circle = more articles

Show as table

Co-author	Organisation	Joint articles
Wahyuniati Hamid	Affiliation unknown	11
Riski Amalia Madi	Affiliation unknown	7
Salma Saleh	Affiliation unknown	6
Sujono Sujono	Affiliation unknown	5
Nuryamin Budi	Affiliation unknown	5
Zaluddin Zaluddin	Affiliation unknown	5
Dedy Takdir Syaifuddin	Affiliation unknown	3
Samdin Samdin	Affiliation unknown	3
Juharsah Juharsah	Affiliation unknown	2
La Ode Bahana Adam	Affiliation unknown	2
Agustinus Tangalayuk	Affiliation unknown	2
Lucia Evianti Patulak	Affiliation unknown	2
Putu Sumarniwati	Affiliation unknown	2
Sri Wiyati Mahrani	Affiliation unknown	2
Abdul Razak Yusuf	Affiliation unknown	2
Moh. Amin	Affiliation unknown	2
Yusuf Montundu	Affiliation unknown	2
Hayat Yusuf	Affiliation unknown	2
Muh. Taufik	Affiliation unknown	2
Murizah Binti Kassim	Universiti Teknologi MARA	1
Mohd Sabri Minhat	Malaysian Nuclear Agency	1
Intan Nabina Azmi	Universiti Teknologi MARA	1
Muh. Akbar Muktadirun	Affiliation unknown	1
Krisna Krisna	Affiliation unknown	1
Rachmat Riyaldi Hasan	Affiliation unknown	1
Sri Nur Fatimah	Affiliation unknown	1
Dewi Purnama Sari	Affiliation unknown	1
MUHAMMAD TAUFIK	Affiliation unknown	1
Isalman Isalman	Affiliation unknown	1
Dewi Asyifa Mutmaina	Affiliation unknown	1
La Hatani	Affiliation unknown	1
Kasmanderi Kasmanderi	Affiliation unknown	1
Selviana Selviana	Affiliation unknown	1
Aminun Nisa	Affiliation unknown	1
Aninda Adelia Anugrah Alamsyah	Affiliation unknown	1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://ojs.uho.ac.id/index.php/manajemen/oai, first harvested 30 Okt 2026, last seen 30 Okt 2026.

Original metadata (oai_dc)

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	<dc:title xml:lang="en-US">PENGARUH LIKUIDITAS, PROFITABILITAS, LEVERAGE, ARUS KAS DAN SUKU BUNGA TERHADAP FINANCIAL DISTRESS (Studi Pada Perusahaan Sektor Perdagangan Eceran Yang Terdaftar Di Bursa Efek Indonesia Tahun 2018-2021)</dc:title>
	<dc:creator>Fikri, Adnan</dc:creator>
	<dc:creator>Sarita, Buyung</dc:creator>
	<dc:creator>Hajar, Ibnu</dc:creator>
	<dc:creator>Amstrong, Valentinus</dc:creator>
	<dc:creator>Enny Wati, Enny Wati</dc:creator>
	<dc:subject xml:lang="en-US"></dc:subject>
	<dc:subject xml:lang="en-US">Liquidity, Profitability, Leverage, Cash Flow, Interest Rates, Financial Distress</dc:subject>
	<dc:subject xml:lang="en-US"></dc:subject>
	<dc:description xml:lang="en-US">This study aims: (1) to test empirically the effect of total liquidity on financial distress; (2) empirically test the effect of profitability on financial distress; (3) empirically test the effect of leverage on financial distress; (4) empirically test the effect of cash flow on financial distress; (5) Test empirically the effect of interest rates on financial distress. The population in this study are all retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021. The sample of this study were 19 companies from the retail trade sector. The results of the study show that: (1) liquidity has a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (2) profitability has a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (3) leverage has a positive and insignificant effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (4) cash flows have no effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021; (5) interest rates have a positive effect on financial distress in retail trade sector companies listed on the Indonesia Stock Exchange in 2018-2021.</dc:description>
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	<dc:contributor xml:lang="en-US"></dc:contributor>
	<dc:date>2023-02-03</dc:date>
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	<dc:identifier>https://ojs.uho.ac.id/index.php/manajemen/article/view/30899</dc:identifier>
	<dc:identifier>10.55598/jmk.v15i1.30899</dc:identifier>
	<dc:source xml:lang="en-US">Jurnal Manajemen dan Kewirausahaan; Vol 15, No 1 (2023): Edisi Januari; 26-40</dc:source>
	<dc:source>2685-5151</dc:source>
	<dc:source>2085-0085</dc:source>
	<dc:source>10.55598/jmk.v15i1</dc:source>
	<dc:language>eng</dc:language>
	<dc:relation>https://ojs.uho.ac.id/index.php/manajemen/article/view/30899/17470</dc:relation>
	<dc:rights xml:lang="en-US">Copyright (c) 2023 Jurnal Manajemen dan Kewirausahaan</dc:rights>
	<dc:rights xml:lang="en-US">http://creativecommons.org/licenses/by-sa/4.0</dc:rights>
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