Pengaruh likuiditas, leverage, operating capacity dan sales growth terhadap financial distress
P enelitian ini bertujuan untuk menguji pengaruh likuiditas, leverage, operating capacity, dan sales growth terhadap financial distress. Populasi penelitian ini adalah perusahaan jasa sektor perdagangan barang produksi dan barang konsumsi yang terdaftar di Bursa Efek Indonesia pada tahun 2015 - 2018. Teknik pengambilan sampel pada penelitian ini adalah saturated sampling. Sampel dalam penelitian ini terdiri dari 43 perusahaan jasa sektor perdagangan barang produksi dan barang konsumsi yang terdaftar di Bursa Efek Indonesia dengan 151 data sekunder yang terdapat pada laporan keuangan periode 2015 – 2018. Berdasarkan hasil penelitian dapat disimpulkan bahwa: (1) Likuiditas berperngaruh signifikan negatif terhadap financial distress; (2) Leverage berpengaruh signifikan negatif terhadap financial distress; (3) Operating capacity tidak berpengaruh signifikan terhadap financial distress; (4) Sales growth berpengaruh signifikan negatif terhadap financial distress
T his research aims to examine the effect liquidity, leverage, operating capacity, and sales growth on financial distress with company size as a moderating variable. The population of this research is the service companies trading in the production of goods and consumer goods listed on the Indonesia Stock Exchange in 2015 - 2018. The sampling technique in this research is saturated sampling. The sample in this research consisted of 43 service companies trading in the production of goods and consumer goods listed on the Indonesia Stock Exchange with 151 secondary data contained in the 2015-2018 financial statements. Based on the results of the research it can be concluded that: (1) Liquidity has a significant negative effect on financial distress; (2) Leverage has a significant negative effect on financial distress; (3) Operating capacity does not significantly affect financial distress; (4) Sales growth has a significant negative effect on financial distress.