THE EFFECT OF LEVERAGE AND CHARACTERISTICS OF THE BOARD OF DIRECTORS ON FINANCIAL DISTRESS

Bintang Wahyu Erliyanto, Anggita Langgeng Wijaya, Richo Diana Aviyanti

Abstract


This study aims to empirically examine and analyze the effect of leverage and board characteristics on financial distress. This study examined property and real estate companies listed on the Indonesia Stock Exchange (IDX) in 2021-2024. This study used secondary data from the companies' annual financial reports sourced from the IDX website and the companies' official websites. This study is a quantitative study. It employed a purposive sampling method, with a population of 284 companies. Multiple linear regression analysis was used and analyzed using SPSS version 24. The results indicate that leverage influences financial distress, and board characteristics influence financial distress

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References


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