Large companies may experience financial distress because of their inability to compete. Therefore, investors should be more vigilant in investing their funds. Some ways that can be done is through cash flow analysis, analysis of corporate strategy, and analysis of financial statements. This study aims to determine the effect of liquidity, leverage, sales growth, and good corporate governance on financial distress. The study used 55 samples of telecommunication and non-construction companies listed in Indonesia Stock Exchange period 2013-2017. The technique sampling in this study is the purposive sampling method. The data analysis method is PLS (Partial Least Square). The results of this study indicate that liquidity, leverage, sales growth, and good corporate governance do not affect financial distress. These unexpected results may due to the limitation of this study. Therefore, for future research in financial distress, it is suggested to take into account the sample size and other variables that expected to affect financial distress.
The study aims to provide empirical data on the impact of profit growth (EG), debt toequity ratio (DER) and net income (NPM) on profitability ratios (PER) in lodging, restaurant and travel registered business entities (IDX) in 2018. The research method uses multiple regression analysis with data collection techniques through documentation. The results of the study explain that there is an effect of the debt to equity ratio and net income on the price/earnings ratio, but the development of earnings does not affect the price/earnings ratio. The impact of this research is that investors are advised to look at several other indicators besides profit (EG), debt to equity ratio (DER) and net income (NPM) to profitability ratio (PER) in representing the price earning ratio.
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