Electronic Theses and Dissertation

Penelitian ini bertujuan untuk menguji pengaruh leverage, firm size, dan cash flow terhadap financial distress. populasi dalam penelitian ini adalah 92 perusahaan sektor properti dan real estat yang terdaftar di bei periode 2020-2023. berdasarkan purposive sampling, sampel yang diperoleh berdasarkan kriteria yang telah ditentukan berjumlah 43 perusahaan. metode analisis data yang menggunakan analisis regresi linier berganda. hasil penelitian menunjukkan bahwa leverage dan cash flow berpengaruh signifikan terhadap financial distress. sedangkan, firm size tidak berpengaruh signifikan terhadap financial distress. leverage, firm size dan cash flow secara simultan berpengaruh terhadap financial distress. bagi perusahaan, peringatan awal adanya prediksi financial distress dan sebagai informasi untuk mencegah sejak dini serta sebagai bahan evaluasi untuk memperbaiki kinerja keuangan. bagi peneliti selanjutnya, dapat menggunakan indikator yang lain untuk mengukur financial distress, objek penelitian yang lain dan variabel lain yang dapat memengaruhi financial distress. kata kunci: leverage, firm size, cash flow, financial distress.

This study aims to investigate the effect of leverage, company size and cash flow on financial distress. The population in this study was 92 real estate and property companies listed on the IDX for the period 2020-2023. Based on purposive sampling, a sample of 43 companies was selected based on pre-determined criteria. The data analysis method used is multiple linear regression analysis. The results show that leverage and cash flow have a significant effect on financial distress. Meanwhile, firm size has no significant effect on financial distress. Leverage, firm size and cash flow simultaneously affect financial distress. For firms, as an early warning of financial distress and as information for early prevention and as evaluation material to improve financial performance. For future researchers, they can use other indicators to measure financial distress, other research objects and other variables that may affect financial distress. Keywords: Leverage, Firm Size, Cash Flow, Financial Distress.