This research aims to empirically examine the influence of (1) liquidity, (2) leverage and (3) profitability on financial distress of manufacturing companies listed in Indonesian Stock Exchange (IDX). The population in this study are all manufacturing companies listed in Indonesian Stock Exchange. The research sample was selected using purposive sampling method resulted with a total of 118 companies. The research used secondary data obtained from ICMD. Logistic regression was used to analyze the data. The research results show that (1) liquidity has a negative and significant influence on financial distress of manufacturing companies, (2) leverage has a negative and significant influence on financial distress of manufacturing companies, and (3) profitability has a negative and significant influence on financial distress of manufacturing companies listed in Indonesian Stock Exchange.

Financial distress is the stage of decreasing the company's financial condition that occurs before the company goes bankrupt. This research is conducted to see the effect of liquidity, leverage, sales growth and company size on financial distress of manufacturing companies listed on the Indonesia Stock Exchange. The population in this study are all Manufacturing Companies listed on the Indonesia Stock Exchange for the period 2015-2017. The sample selection is determined by purposive sampling. This research uses logistic regression as the data analysis technique. The results of the this research state that (1) liquidity has a negative and no significant effect on financial distress of manufacturing companies, (2) leverage has a positive and significant effect on  financial distress of manufacturing companies, (3) sales growth has a negative and significant effect on the financial distress of manufacturing companies, (4) company size has a negative and no significant effect on financial distress of manufacturing companies. The suggestion of this research are, (1) for the next researcher, it is recommended to be able to add the period of research and to use other indicators related to the factors that influence financial distress. (2) for the management, it is better to be aware of the company's financial condition. (3) for investors and creditors to be able to seek information in advance about the company's financial condition before deciding to invest and provide loans to a company.Keywords: financial distress, likuiditas, leverage, sales growth, firm size

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This study aims to look at the influence of Financial Literacy and the effect of Risk Perception on the investment decisions of millennial generation of Padang City. The type of this research is a comparative causal research (causative). The samplesof this study was 96 respondents ofmillennial generation of Padang City that choosed by using purposive sampling method. The types of data in this study are primary data and secondary data. The data was collected by questionnairy technique and it was analysed byusing multiple regression analysis method. The instrument testing uses validity and reliability tests. The analysis prerequisite tests conducted include normality test, heterokedasticity test and multicollinearity test. The data collected was processed with SPSS version 20.0. The results of this study indicate that both of Financial Literacy and Risk Perception has a significant positive effect on investment decisions of millennial generation of Padang City. Keywords : financial literacy, risk perception

This study aims to examine the effect of profitability, operational efficiency, asset quality, and liquidity on the capital adequacy level of the banking sector which is listed on the Indonesia Stock Exchange. This type of research is classified as causative descriptive research. The sample of this study was 28 banking companies listed on the Indonesia Stock Exchange in 2016-2018 selected using the purposive sampling method. The type of data in this study is secondary data. Data were collected by documentation techniques and analyzed using multiple regression analysis methods. Analysis prerequisite tests conducted include normality test, heterokedasticity test, multicollinearity test, and autocorrelation test. The data collected is processed with SPSS version 26.0. The results showed that profitability has a significant positive effect on the level of capital adequacy, Operational efficiency has a positive and not significant effect on the level of capital adequacy, asset quality has a significant negative effect on the level of capital adequacy, and liquidity has a negative and insignificant effect on the level of capital adequacy in the sector banks which are listed on the Indonesia Stock Exchange.Keywords : profitability, operational efficiency, asset quality, liquidity

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Higher order thinking skills test is formulated for improving student critical thinking abilities. This study is conducted by using research and development approach. The aim of this study is to develop student worksheet based on higher order thinking skills for economics learning in senior high school and will be carried out for 2 years. This study uses the Plomp (1982) model. The development procedures of the Plomp model consists of five steps, namely; (1) initial investigation, (2) design, (3) construction, (4) test, evaluation and revision, (5) implementation. The result of this research is a set of students' worksheet based of higher order thinking skills for economics learning in senior high school.

Capital buffer is defined as the difference between the bank's capital ratio and the capital adequacy ratio (Capital Adequacy Ratio) or CAR imposed by the Central Bank. Capital buffers can be used as capital reserves in times of various economic shocks so as to minimize risks faced by banks. A bank that has a high capital buffer reflects a high CAR as well, while a CAR that is too high is also not profitable for the bank, because this capital should be used for lending and investing in an effort to maximize profits. This study aims to determine the determinants of going public banking capital buffer in Indonesia for the period 2014 to 2018. The sample selection is based on purposive. Acting as the dependent variable is the capital buffer and the independent variables are ROE, NPL, Lag of capital buffer (〖BUFF〗 _ (t-1)), Size and GDP. This study used  multiple regression analysis. The results of this study indicate that the selected determinants of the capital buffer of going public banking in Indonesia are adjustment costs and the business cycle. Adjustment costs have a positive and significant effect on the capital buffer of going public banking in Indonesia and the business cycle has a negative and significant effect on the capital buffer of go public banking. public in Indonesia. Thus, the sample companies can optimize their capital buffer which can be ideal in order to maximize profits by considering the two factors above.