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DC Field | Value | Language |
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dc.contributor.author | Khafid, Muhammad | - |
dc.contributor.author | Tusyanah, Tusyanah | - |
dc.contributor.author | Suryanto, Tejo | - |
dc.date.accessioned | 2020-03-27T12:47:24Z | - |
dc.date.available | 2020-03-27T12:47:24Z | - |
dc.date.issued | 2019 | - |
dc.identifier.citation | Khafid, M., Tusyanah, T., & Suryanto, T. (2019). Analyzing the determinants of financial distress in Indonesian mining companies. International Journal of Economics and Business Administration, 7(4), 353-368. | en_GB |
dc.identifier.issn | 22414754 | - |
dc.identifier.uri | https://www.um.edu.mt/library/oar/handle/123456789/53232 | - |
dc.description.abstract | Purpose: The objective of the study is to analyze the effect of leverage, liquidity and managerial ownership on financial distress at mining companies in Indonesia. The study also examines the moderating role of profitability on the effects of leverage, liquidity and managerial ownership on financial distress. Design/Methodology/Approach: The population of this study is 41 mining sector companies listed in Indonesian Stock Exchange in 2013-2015. There are 17 companies as the sample of the study taken by purposive sampling method; then there are 51 units of analysis which are suitable to the predetermined criteria. Data are analyzed by descriptive statistical analysis and logistic regression for inferential conclusions. Findings: The results of the study show that the leverage has a positive effect on financial distress. Then, liquidity and managerial ownership do not have any effect on financial distress. Furthermore, profitability as the moderating variable is not proven to moderate the effect of leverage and managerial ownership on financial distress. However, profitability is proven to moderate significantly the effect of liquidity on financial distress. Practical Implications: This study has the guidance and or feedback to the company management to avoid financial distress. Originality/Value: The research places profitability as the moderating variable to analyze the simultaneous effect among leverage, liquidity, managerial ownership with profitability on financial distress. Then, it takes the mining sector companies as the sample to be analysed. | en_GB |
dc.language.iso | en | en_GB |
dc.publisher | Eleftherios Thalassinos | en_GB |
dc.rights | info:eu-repo/semantics/openAccess | en_GB |
dc.subject | Liquidity (Economics) | en_GB |
dc.subject | Mineral industries -- Indonesia | en_GB |
dc.subject | Corporate governance -- Law and legislation -- Indonesia | en_GB |
dc.subject | Social responsibility of business -- Indonesia | en_GB |
dc.subject | Industrial management -- Indonesia | en_GB |
dc.title | Analyzing the determinants of financial distress in Indonesian mining companies | en_GB |
dc.type | article | en_GB |
dc.rights.holder | The copyright of this work belongs to the author(s)/publisher. The rights of this work are as defined by the appropriate Copyright Legislation or as modified by any successive legislation. Users may access this work and can make use of the information contained in accordance with the Copyright Legislation provided that the author must be properly acknowledged. Further distribution or reproduction in any format is prohibited without the prior permission of the copyright holder | en_GB |
dc.description.reviewed | peer-reviewed | en_GB |
dc.publication.title | International Journal of Economics and Business Administration | en_GB |
Appears in Collections: | IJEBA, Volume 7, Issue 4 |
Files in This Item:
File | Description | Size | Format | |
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Analyzing the Determinants of Financial Distress in Indonesian Mining Companies.pdf | 329.32 kB | Adobe PDF | View/Open |
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