ANALISIS FINANCIAL DISTRESS PADA PERUSAHAAN SUB SEKTOR INDUSTRI DEPARTMENT STORES DAN ADVERTISING
DOI:
https://doi.org/10.34127/jrlab.v14i2.1594Keywords:
Financial Distress, Department Stores, Advertising, Economic Risk, Risk ManagementAbstract
This study analyzes the factors contributing to financial distress in companies within the department stores and advertising subsectors listed on the Indonesia Stock Exchange (BEI) from 2019 to 2023. Employing binary logistic regression, the research evaluates the impact of liquidity, leverage, and profitability on the likelihood of financial distress. Findings indicate that department stores are vulnerable to consumer behavior fluctuations and intense retail competition, while advertising firms face risks from client dependency and shifting advertising budgets. Liquidity and profitability have a significant negative effect, whereas leverage has a positive effect on the probability of financial distress. The study recommends effective risk management, revenue diversification, and stringent financial monitoring to enhance corporate resilience against economic challenges.
References
Annafi, G. D., & Yudowati, S. P. (2021). Analisis Financial Distress, Profitabilitas, dan Ma-terialitas Terhadap Kecurangan Laporan Keuangan. Jurnal Akuntansi Kompetif, 4(3), 255-262.
Antoniawati, A., & Purwohandoko, P. (2022). Analisis Pengaruh Profitabilitas, Likuiditas, dan Leverage terhadap Financial Distress pada Perusahaan Transportasi yang Ter-daftar di BEI Tahun 2018-2020. Jurnal Ilmu Manajemen, 10(1), 28-38.
Fahma, Y. T., & Setyaningsih, N. D. (2021). Analisis Financial Distress Dengan Metode Altman, Zmijewski, Grover, Springate, Ohlson Dan Zavgren Untuk Memprediksi Kebangkrutan Pada Perusahaan Ritel. Jurnal Ilmiah Bisnis Dan Ekonomi Asia, 15(2), 200-216.
Faldiansyah, A. K., Arrokhman, D. B. K., & Shobri, N. (2020). Analisis pengaruh leverage, Debt to Equity Ratio, dan arus kas terhadap financial distress. Bisnis-Net Jurnal Ekonomi Dan Bisnis, 3(2), 90-102.
Idi, C. M., & Borolla, J. D. (2021). Analisis financial distress menggunakan metode altman z–score pada PT. Golden Plantation Tbk. periode 2014-2018. Public Policy, 2(1), 102-121.
Idawati, W. (2020). Analisis Financial Distress: Operating Capacity, Leverage, Dan Profita-bilitas. Jurnal Akuntansi Bisnis, 13(1).
Nurwahida, R. P., & Margasari, N. (2024). Analisis Financial Distress pada Perusahaan Sektor Perdagangan, Jasa dan Investasi yang Terdaftar di Bursa Efek Indone-sia. BUDGETING: Journal of Business, Management and Accounting, 5(2), 1332-1343.
Pranita, K. R., & Kristanti, F. T. (2020). Analisis financial distress menggunakan analisis survival. Nominal Barometer Riset Akuntansi dan Manajemen, 9(2), 240-257.
Sari, T. N., & Setyaningsih, P. R. A. (2022). Analisis Financial Distress dan Financial Per-formance Sebelum dan Selama Pandemi Covid-19 pada Perusahaan Manufak-tur. Jurnal Riset Akuntansi Mercu Buana, 8(1).
Downloads
Published
Issue
Section
License
Copyright (c) 2025 Author
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Jurnal Lentera Bisnis disebarluaskan di bawah Lisensi Creative Commons Atribusi-BerbagiSerupa 4.0 Internasional.
Berdasarkan ciptaan pada https://plj.ac.id/ojs/index.php/jrlab
