THE EFFECT OF LIQUIDITY, SALES GROWTH, AND COMPANY SIZE ON FINANCIAL DISTRESS

Cantika Yolanda, Liliek Nur Sulistiyowati, Ririh Anggraini Setyahety

Abstract


This study aims to determine the effect of Liquidity, Sales Growth, and Company Size on Financial Distress (a case study of the Food and Beverage Sub-Sector listed on the Indonesia Stock Exchange (IDX) for the period 2022-2024). This study uses quantitative methods. The population of this study is Food and Beverage Sub-Sector Companies listed on the Indonesia Stock Exchange (IDX) that published annual reports and have been fully audited by accountants during the period 2022-2024. The sampling technique used a purposive sampling method with 78 companies. The data analysis method used SPSS version 25. Data analysis used multiple linear regression, classical assumption tests, hypothesis tests, and coefficient of determination tests. These results prove that Liquidity has a positive and significant effect on Financial Distress. Meanwhile, Sales Growth does not have a significant effect on Financial Distress. Furthermore, Company Size has a positive and significant effect on Financial Distress.


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References


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