THE ROLE GOOD CORPORATE GOVERNANCE ON FINANCIAL DISTRESS LEVERAGE, FIRM SIZE, EARNING MANAGEMENT AS CONTROL VARIABLES

Rian Febrianto, Rihan Mustafa Zahri

Abstract


The purpose of this study is to analyze the role of Good Corporate Governance on Financial Distress with Leverage, Firm Size, and Earnings Management as control variables in Healthcare Companies listed on the Indonesia Stock Exchange during the period 2019 – 2024. This study uses a quantitative method, with a research sample of 102 samples from 17 companies. The sampling technique used is non-probability sampling with purposive sampling technique. Data analysis in this study uses Descriptive Statistical Analysis and Logistic Regression Analysis. The results of the study show that Institutional Ownership has a significant negative effect on Financial Distress, the variable Number of Board of Directors has a significant negative effect on Financial Distress, while the variable Board Gender Diversity has a significant positive effect on Financial Distress.


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