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PENGARUH KINERJA KEUANGAN DAN MEKANISME CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia dan Bursa Efek Malaysia Periode 2017 – 2018)
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Institusion
Universitas Muhammadiyah Yogyakarta
Author
Hutomo Cahya Putra
Subject
 
Datestamp
2021-10-21 06:45:03 
Abstract :
This study aims to examine the effect of financial performance and corporate governance mechanisms on financial distress. The financial performance used in this study is Liquidity, Leverage, Activity and Profitability. While the corporate governance mechanism uses the Board of Directorsand the Audit Committee. The subjects used in this study are Manufacturing Companies Listed on the Indonesia Stock Exchange and Malaysia Stock Exchange Period 2017 ? 2018. The sampling technique uses purposive sampling. The number of manufacturing companies sampled was 61 companies from a total of 260 on the IDX and 62 companies from a total of 236 companies on the KLSE. The method of analysis multiple linear regression using the SPSS 16 program. The results of this study indicate that liquidity, activity, and probability negatively affect financial distress both in Indonesia and in Malaysia. While the other variables, namely Leverage, the Board of Directors and the Audit Committee have no effect on financial distress both in Indonesia and Malaysia. Also, there are differences in the level of financial distress in Indonesia and Malaysia and there are differences in the effect of Liquidity, Leverage, Activity, Profitability, the Board of Directors and the Audit Committee on financial distress in Indonesia and Malaysia. 
Institution Info

Universitas Muhammadiyah Yogyakarta