Pengaruh Good Corporate Governance dan Financial Indicators terhadap Financial Distress pada Perusahaan Property dan Real Estate

Jurnal Akuntansi dan Perpajakan Pub Date : 2019-09-30 DOI:10.26905/ap.v5i2.5766

Retno Mulansari, Wahyu Setiyorini

{"title":"Pengaruh Good Corporate Governance dan Financial Indicators terhadap Financial Distress pada Perusahaan Property dan Real Estate","authors":"Retno Mulansari, Wahyu Setiyorini","doi":"10.26905/ap.v5i2.5766","DOIUrl":null,"url":null,"abstract":"The purpose of this study was to examine and research the effect of Good Corporate Governance and Financial Indicators to Financial Distress.Good Corporate Governance was measured by using the institutional ownership, managerial ownership, director size, and independent board of commissioners. Financial Indicators was measured by using liquidity, profitabilty, and leverage. While the indicator financial distress was using Altman Z”-Score Model. The research method used is hypothesis testing research using multiple linear regression tests. Population of this research are all of property & real estate sector listed in Indonesia Stock Exchange in the period of 2013-2017. Based on predetermined criteria, the samples obtained were 20 companies. The result of this research showed that institutional ownership, managerial ownership, liquidity, and profitability have significant positive impact on the probability of firm experienced financial distressed and leverage have significant negative impact on the probability of firm experienced financial distressed. While the director size and independent board of commissioners do not affect on the probability of firm experienced financial distressed","PeriodicalId":31735,"journal":{"name":"Jurnal Akuntansi dan Perpajakan","volume":" ","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2019-09-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Jurnal Akuntansi dan Perpajakan","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.26905/ap.v5i2.5766","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}

引用次数: 1

Abstract

The purpose of this study was to examine and research the effect of Good Corporate Governance and Financial Indicators to Financial Distress.Good Corporate Governance was measured by using the institutional ownership, managerial ownership, director size, and independent board of commissioners. Financial Indicators was measured by using liquidity, profitabilty, and leverage. While the indicator financial distress was using Altman Z”-Score Model. The research method used is hypothesis testing research using multiple linear regression tests. Population of this research are all of property & real estate sector listed in Indonesia Stock Exchange in the period of 2013-2017. Based on predetermined criteria, the samples obtained were 20 companies. The result of this research showed that institutional ownership, managerial ownership, liquidity, and profitability have significant positive impact on the probability of firm experienced financial distressed and leverage have significant negative impact on the probability of firm experienced financial distressed. While the director size and independent board of commissioners do not affect on the probability of firm experienced financial distressed

查看原文本刊更多论文

Pengaruh良好的公司治理和财务指标，即Perusahaan Property和Real Estate的财务困境

本研究旨在检验和研究良好公司治理和财务指标对财务困境的影响。良好公司治理通过机构所有权、管理层所有权、董事规模和独立董事会来衡量。财务指标是通过流动性、盈利能力和杠杆率来衡量的。而财务困境的指标是使用奥特曼Z“-分数模型。所使用的研究方法是使用多元线性回归检验的假设检验研究。本研究的人群均为2013-2017年期间在印度尼西亚证券交易所上市的房地产和房地产行业。根据预先确定的标准，获得的样本是20家公司。研究结果表明，机构所有权、管理层所有权、流动性和盈利能力对企业经历财务困境的概率有显著的正向影响，而杠杆对企业经历金融困境的概率则有显著的负向影响。虽然董事规模和独立董事会不会影响公司遭遇财务困境的可能性

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

Jurnal Akuntansi dan Perpajakan

自引率

0.00%

发文量

审稿时长

12 weeks