PENGARUH LABA, ARUS KAS, LIKUIDITAS PERUSAHAAN, UKURAN PERUSAHAAN, LEVERAGE, KEPEMILIKAN INSTITUSIONAL DAN KEPEMILIKAN MANAJERIAL UNTUK MEMPREDIKASI KONDISI FINANCIAL DISTRESS (Pada Perusahaan Manufakture Yang Terdapat di BEI Periode Tahun 2010 –2015)

Abstract

This study aimed to examine the effect of earnings, cash flow, liquidity of the company, firm size, leverage, institutional ownership and managerial ownership to product financial distress throughout the companes except for the banking industry.
This study uses second data obtained from the companes financial statements the period of 2010 to 2015 are listed in the Indonesia Stock Exchange. Data in 2010, 2011, 2012, 2013, 2014 and 2015 are used to predict financial distress in 2010, 2011, 2012, 2013, 2014 and 2015. The data were analyzed by logistic regression model.
The results to the story is indicate that earning have a significant effec in predicting the financial distress that occur throughout the companesi. Keywords : financial distress, earnings, cash flow, liquidity of the companes, firm size, leverage, institutional ownership and managerial ownership