Analisis Financial Distress pada Perusahaan Sub Sektor Telekomunikasi yang Terdaftar di Bursa Efek Indonesia Periode 2018-2022
The purpose of this study was to analyze the conditions of the possiblity of financial distress in telecommunication sub-sector companies listed on the Indonesia Stock Exchange for the period 2018-2022. The research sampling method used purposive sampling method. There are 18 telecommunication sub-sector companies that meet the sampling criteria that were previously determined. Secondary data is used in this study, namely in the form of annual financial reports of telecommunication sub-sector companies listed on the Indonesia Stock Exchange in 2018-2022. The Grover model approach (G-Score) in indetifying financial distress is used in this study. The research findings show that number of telecommunication sub-sector companies experienced financial distress between 2018-2-2022. The main causes of financial distress include insufficient working capital, high liabilities, and declining profitability.
Authors
- Andi Mustika Amin
- Nurman Nurman
- Hety Budiyanti (ORCID: https://orcid.org/0000-0002-9309-9024)
- Anwar Ramli
- Anastashia Maharani Muhadi
Institutions
- State University of Makassar (ID)
Publication Details
- Journal
- Journal of Management and Creative Business
- Published
- 2024-10-01
- DOI
- https://doi.org/10.30640/jmcbus.v2i4.3262
- Primary Topic
- Corporate Governance and Financial Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00