Kamila, Sheila Zahra (2025) PENGARUH MANAJEMEN LABA, STRUKTUR MODAL, DAN ARUS KAS TERHADAP FINANCIAL DISTRESS (STUDI PADA PERUSAHAAN NON-KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA 2021-2023). Skripsi.
![[img]](http://eprints.stiebankbpdjateng.ac.id/style/images/fileicons/text.png) |
Text
BAB 1-3.pdf Download (410kB) |
|
Text
DAFPUS.pdf Download (186kB) |
Abstract
This study aims to empirically examine the effect of earnings management, capital structure, and cash flow on financial distress in non-financial companies listed on the Indonesia Stock Exchange during the 2021–2023 period. Out of a total of 666 companies, only 61 met the selection criteria using the purposive sampling method. Over the three-year observation period, 183 data points were obtained; however, after the removal of outliers, the final sample consisted of 140 observations. The method used was a quantitative approach with panel data regression analysis conducted using SPSS version 26. The results showed that earnings management had a positive and significant effect on financial distress. Capital structure, measured by the leverage ratio, did not have a significant effect on financial distress—the higher the leverage, the lower the potential for experiencing financial distress. In addition,operating cash flow had a positive and significant effect on financial distress, indicating that high cash flow does not necessarily reflect a healthy financial condition and may instead increase the risk of financial pressure in the future. Keywords: Earnings Management, Capital Structure, Cash Flow, Financial Distress
| Item Type: | Article |
|---|---|
| Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HC Economic History and Conditions H Social Sciences > HG Finance H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Law, Arts and Social Sciences > School of Management |
| Depositing User: | Wisudawan S1 |
| Date Deposited: | 17 Oct 2025 06:29 |
| Last Modified: | 17 Oct 2025 06:29 |
| URI: | http://eprints.stiebankbpdjateng.ac.id/id/eprint/2845 |
Actions (login required)
 |
View Item |
