Electronic Theses and Dissertation

Penelitian ini bertujuan untuk menganalisis peran good corporate governance dalam memoderasi pengaruh leverage, arus kas dan corporate social responsibility terhadap financial distress pada industri sektor makanan dan minuman di bursa efek indonesia (bei). pengujian ini dilakukan selama lima tahun, yaitu periode 2020-2024. teknik pemilihan sampel menggunakan metode purposive sampling. penelitian ini menggunakan metode kuantitatif. jenis data yang digunakan dalam penelitian ini adalah data sekunder, yaitu data kuantitatif yang meliputi data leverage, arus kas, corporate social responsibility (csr), good corporate governance (gcg) serta financial distress. teknik pengumpulan data yang digunakan adalah data panel. analisis penelitian menggunakan uji regresi linear berganda. ditemukan hasil penelitian bahwa leverage, arus kas dan csr berpengaruh dan signifikan terhadap financial distress, gcg berperan sebagai pure moderator (moderasi murni) dalam hubungan antara leverage, csr dan financial distress, sedangkan gcg berperan sebagai homologizer moderator dalam hubungan arus kas dengan financial distress. kata kunci: leverage, arus kas, corporate social responsibility (csr), good corporate governance (gcg), financial distress

This study aims to analyze the role of Good Corporate Governance in moderating the effects of leverage, cash flow, and Corporate Social Responsibility on financial distress in the food and beverage sector on the Indonesia Stock Exchange (IDX). The analysis covers a five-year period, specifically 2020–2024. The sample selection technique employed the purposive sampling method. This study employs a quantitative method. The data used in this study are secondary data, specifically quantitative data encompassing leverage, cash flow, Corporate Social Responsibility (CSR), Good Corporate Governance (GCG), and financial distress. The data collection technique utilized is panel data. The research analysis employed multiple linear regression. The findings revealed that leverage, cash flow, and CSR have a significant impact on financial distress; GCG acts as a pure moderator in the relationship between leverage, CSR, and financial distress; while GCG functions as a homologizing moderator in the relationship between cash flow and financial distress. Keywords: Leverage, Cash Flow, Corporate Social Responsibility (CSR), Good Corporate Governance (GCG), Financial Distress