PENGARUH DEBT TO EQUITY RATIO DAN RETURN ON EQUITY TERHADAP FINANCIAL DISTRESS DENGAN UKURAN PERUSAHAAN SEBAGAI VARIABEL MODERASI (Studi Kasus Pada Perusahaan Agriculture yang Terdaftar di BEI Tahun 2018-2021)

Novia Safitri, Anny Widiasmara, Juli Murwani

Abstract


This study aims to determine whether there is an effect of debt to equity ratio and return on equity on financial distress with firm size as a moderating variable. This research was conducted at agricultural companies listed on the Indonesia Stock Exchange (IDX) for 2018-2021. The research population was 24 agricultural companies and a sample of l19 companies was obtained with the sampling technique used was purposive sampling. This study used time series data with the help of the Moderated Regression Analysis (MRA) data analysis tool in the SPSS 24 program. The results of this study are that partially the debt to equity ratio has no effect on financial distress. return on equity affects financial distress. firm size is able to moderate the effect of the debt to equity ratio on financial distress. firm size does not moderate the effect of return on equity on financial distress.

Keywords: Debt to Equity Ratio, Return On Equity, Financial Distress, Firm Size


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