The Effect of Profitability and Leverage on Financial Distress in The Tourism and Recreation Sector Listed on Indonesia Stock Exchange (IDX) in 2018-2022
The tourism and recreation industry sector is one of the top 5 largest foreign exchange earners for Indonesia. However, there was a contraction in economic value of this sector by 56% in 2020. This study aims to analyze and determine the effect of profitability and leverage on financial distress in
Authors
- Hanifah Hanifah
- Elan Purwanto
Publication Details
- Published
- 2025-01-01
- DOI
- https://doi.org/10.4108/eai.3-10-2024.2358764
- Primary Topic
- Financial Analysis and Corporate Governance
- Type
- article
- Field-Weighted Citation Impact
- 0.00