Analisis Faktor-Faktor yang Mempengaruhi Probabilitas Financial Distress pada Perusahaan Sektor Teknologi yang Terdaftar di Bursa Efek Indonesia Periode 2020-2022

Abstract

This study aims to determine and analyze the effect of liquidity, leverage, profitability, company size, and activity ratio to financial distress probability on technology sector companies listed on the Indonesia Stock Exchange for the 2020-2022 period. This research is associative with a quantitative approach with purposive sampling method. The population in this study is technology sector companies listed on the Indonesia Stock Exchange for the 2020-2022 period, amounting to 41 companies. Based on the sampling criteria, the sample in this study became 22 companies. The data analysis method used is multiple linear regression of panel data with the help of Eviews. The results of this study show that liquidity has a positive and insignificant effect on the probability of financial distress, leverage has a positive and significant effect, profitability has a negative and significant effect, company size has a negative and significant effect, and the activity ratio has a positive and insignificant effect on the probability of financial distress in technology sector companies listed on the Indonesia Stock Exchange for the 2020-2022 period.