Abstract :
The Covid-19 pandemic has had an impact on the economy in Indonesia. This
pandemic hampered community activities and caused business competition
become increasingly competitive, causing many companies to experience financial
distress. This study aims to determine the effect of sales growth, managerial
ownership, institutional ownership, and firm size on financial distress in nonprimary consumer goods companies (consumer cyclical) listed on the Indonesia
Stock Exchange. The method used in this study is the documentation method using
secondary data. The sampling technique used purposive sampling. The analysis
technique used is descriptive statistics and logistic regression analysis. The
results of this study state that sales growth has a negative effect on financial
distress, managerial ownership and institutional ownership have no effect on
financial distress, firm size has a negative effect on financial distress