Analysis of Financial Ratio and Macroeconomic Variables to Predicting Financial Distress A Study on Extractive Companies Registered in BEI

Elrawati, Talita Yuni and Kristijadi, Emanuel (2021) Analysis of Financial Ratio and Macroeconomic Variables to Predicting Financial Distress A Study on Extractive Companies Registered in BEI. In: The 3rd International Conference on Business and Banking Innovations, 6 & 7 March 2021, Surabaya.

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Abstract

This study aims to anlyze the effect of financial ratios, consisting of profitability, leverage, and liquidity with macroeconomics inflation to predicting financial distress. Financial distress is a condition company goes to bankrupt and can be measured by analyzing the company’s financial statement. Macroeconomic conditions, can be affect the business result of companies, especially in the extractive company. Extractive Companiy is a type of business by exracting and collecting goods available in nature or the bowels of the earth, which are then processed into minerals, coal, petroleum and natural gas. This study used the population concerning extractive companies listed on BEI in the period 2017-2020. The sampling technique used was purposive sampling. The sample consist of 74 companies in the basic materials sector and energy sector classified as an extractive company, and logistic regression is a method used to anlyze this research. Keywords: Financial Distress, Macroeconomic, Extractive Companies, Financial Ratio.

Item Type: Conference or Workshop Item (Paper)
Subjects: 300 - SOCIAL SCIENCE > 330 - 339 ECONOMICS > 339 - MACROECONOMICS
Divisions: ICOBBI (International Conference of Business and Banking Innovations)
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 11 Aug 2021 20:36
Last Modified: 23 Aug 2021 03:55
URI: http://eprints.perbanas.ac.id/id/eprint/3736

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