PENGARUH BOARD GENDER, FIRM PERFORMANCE, OPERATING CAPACITY DAN SALES GROWTH TERHADAP FINANCIAL DISTRESS: (STUDI PADA PERUSAHAAN SEKTOR ENERGI YANG TERDAFTAR DI BEI TAHUN 2018-2022)

Adiska Putri Cahyaningrum; Akhmad Samsul Ulum

Authors

Adiska Putri Cahyaningrum Universitas Pekalongan
Akhmad Samsul Ulum Universitas Pekalongan

Keywords:

Financial Distress, Board Gender, Firm Performance, Operating Capacity, Sales Growth

Abstract

This study aims to determine the effect of board gender, firm performance, operating capacity and sales growth on financial distress in all energy sector companies listed on the Indonesia Stock Exchange (IDX) in 2018-2022. The sample obtained was 165 with purposive sampling method for sampling. The type of data used in this study is secondary data obtained from annual reports published on the company's official website or by accessing www.idx.co.id. The data analysis techniques used in this study are descriptive statistics, logistic regression analysis and hypothesis testing. The results of this study indicate that the variables of board gender, firm performance, operating capacity and sales growth have a negative effect on financial distress.

References

BUKU

Ghozali, Imam, and Hengky Latan. 2015. Partial Least Squares. Konsep, Teknik, Dan Aplikasi Menggunakan Program SmartPLS 3.0. Untuk Penelitian Empiris. Semarang: Universitas Diponegoro.

ARTIKEL

Abbas, Ahmad, and Andi Ayu Frihatni. 2023. “Gender Diversity and Firm Performances Suffering from Financial Distress: Evidence from Indonesia.” Journal of Capital Markets Studies 7 (1): 91–107. https://doi.org/10.1108/jcms-12-2022-0045.

Arifiana, Risa, and Sholikha Oktavi Khalifaturofi’ah. 2022. “The Effect of Financial Ratios in Predicting Financial Distress in Manufacturing Companies.” Jurnal Riset Bisnis Dan Manajemen 15 (2): 103–8. https://doi.org/10.23969/jrbm.v15i2.5838.

Balasubramanian, Senthil Arasu, G. S. Radhakrishna, P. Sridevi, and Thamaraiselvan Natarajan. 2019. “Modeling Corporate Financial Distress Using Financial and Non-Financial Variables: The Case of Indian Listed Companies.” International Journal of Law and Management 61 (3–4): 457–84. https://doi.org/10.1108/IJLMA-04-2018-0078.

Bareksa. 2017. “Saham BRAU Dan TKGA Resmi Delisting November, Begini Historis Pergerakannya.” Bareksa.Com, 2017.

CNBC. 2020. “Resmi Delisting! Sayonara Borneo Lumbung Energy.” Cnbcindonesia.Com, 1.

Dwijayanti, Patricia Febri. 2010. “Penyebab, Dampak, Dan Prediksi Dari Financial Distress Serta Solusi Untuk Mengatasi Financial Distress.” Jurnal Akuntansi Kontemporer 2 (2): 191–205.

Guizani, Moncef. 2021. “Does Gender Diversity on Boards Reduce the Likelihood of Financial Distress ? Evidence from Malaysia.” https://doi.org/10.1108/APJBA-06-2021-0277.

Guizani, Moncef, and Gaafar Abdalkrim. 2022. “Does Gender Diversity on Boards Reduce the Likelihood of Financial Distress? Evidence from Malaysia.” Asia-Pacific Journal of Business Administration. https://doi.org/10.1108/APJBA-06-2021-0277.

Heniwati, Elok, and Erlina Essen. 2020. “Which Retail Firm Characteristics Impact On Financial Distress?” Jurnal Akuntansi Dan Keuangan 22 (1): 40–46. https://doi.org/10.9744/jak.22.1.30-36.

Hutauruk, Martinus Robert, Mansyur Mansyur, Muhammad Rinaldi, and Yisar Renza Situru. 2021. “Financial Distress Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia.” JPS (Jurnal Perbankan Syariah) 2 (2): 237–46. https://doi.org/10.46367/jps.v2i2.381.

Ilyasa, Syahrul. 2018. “Analisis Perbandingan Model Altman Z-Score, Springate, Zmijewski, Dan Internal Growth Rate Dalam Memprediksi Financial Distress (Studi Empiris Pada Perusahaan Pertambangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2016).” Skripsi. http://search.ebscohost.com/login.aspx?direct=true&db=sph&AN=119374333&site=ehost-live&scope=site%0Ahttps://doi.org/10.1016/j.neuron.2018.07.032%0Ahttp://dx.doi.org/10.1016/j.tics.2017.03.010%0Ahttps://doi.org/10.1016/j.neuron.2018.08.006.

Iqbal, Muhammaq, and Heni Nastiti. 2022. “Jurnal Akuntansi Dan Pajak.” Jurnal Akuntansi Dan Pajak 22 (22): 1–13.

Kharis, Jessica Brigita. 2022. “Board Diversity, Koneksi Politik Dan Financial Distress.” Thesis, 1987–2003.

Komarudin, Syafnita, and Amalia Ilmiani. 2019. “Analisis Komparasi Prediksi Financial Distress Metode Grover, Altman, Springate, Zmijewski, Dan Ohlson Pada Perusahaan Pertambangan Di BEI.” Jurnal Ekonomi Dan Bisnis 22 (2): 36–43. https://jurnal.unikal.ac.id/index.php/jebi/article/view/991.

Kompas. 2020. “Daftar 10 Negara Penghasil Batu Bara Terbesar Dunia, RI Urutan Berapa.” Kompas.Com, 2020.

Kwok, Cindy, and Nurainun Bangun. 2023. “Pengaruh Sales Growth, Operating Capacity, Dan Leverage Terhadap Financial Distress.” Jurnal Multiparadigma Akuntansi 5 (3): 1324–35.

Lestari. 2021. “Analisis Financial Distress Pada Perusahaan Pertambangan Minyak Bumi Dan Gas Yang Terdaftar Di Bursa Efek Indonesia.” Skripsi.

Miswaty, Miswaty, and Dila Novitasari. 2023. “Pengaruh Operating Capacity, Sales Growth, Dan Arus Kas Operasi Terhadap Financial Distress.” Jurnal Aplikasi Bisnis Dan Manajemen 9 (2): 583–94. https://doi.org/10.17358/jabm.9.2.583.

Mukherjee, Tutun, Pinki Gorai, and Som Sankar Sen. 2020. “Financial Performance Analysis of GIC Re.” Jurnal Akuntansi Dan Auditing Indonesia 17 (1/2): 181–95. https://doi.org/10.1108/xjm-08-2020-0071.

Murni, Mayang. 2018. “Analisis Faktor-Faktor Yang Mempengaruhi Tingkat Financial Distress Pada Perusahaan Manufaktur Yang Terdaftar Di Bei Tahun 2010-2014.” JURNAL AKUNTANSI DAN BISNIS : Jurnal Program Studi Akuntansi 4 (1). https://doi.org/10.31289/jab.v4i1.1530.

Natalia, Ade Rahayu, Sujono Sujono, and Salma Saleh. 2021. “Pengaruh Corporate Governance Dan Karakteristik Perusahaan Terhadap Financial Distress (Studi Pada Perusahaan Perbankan Yang Tercatat Di Bursa Efek Indonesia Tahun 2014-2019).” Jurnal Manajemen Dan Kewirausahaan 13 (1): 26. https://doi.org/10.55598/jmk.v13i1.23304.

Oktaviani, Nurul Delayanti Dwi, and G.Anggana Lisiantara. 2022. “Pengaruh Profitabilitas, Likuiditas, Aktivitas, Leverage, Dan Sales Growth Terhadap Financial Distress.” Owner 6 (3): 1649–1559. https://doi.org/10.33395/owner.v6i3.944.

Pasoloran Oktavianus. Firdaus Abdul Rahman. 2011. “Teori Stewardship Tinjauan Konsep Dan Implikasinya Organisasi Sektor Publik.” Jurnal Bisnis Dan Akuntansi.

Pertiwi, Dian, and Alvianita Gunawan Putri. 2021. “Analisis Prediksi Financial Distress Dengan Menggunakan Model Altman Z-Score Pada Perusahaan Ritel Tahun 2018-2020.” Jurnal Keuangan Dan Bisnis 9 (2): 132–44. https://jurnal.polines.ac.id/indek.php/kuenis.

Purwantini, Maria, Rahmawati Hanny Yustrianthe, Budhi Purwantoro Jati, and Ani Sri Murwani. 2023. “Studi Empiris Faktor Determinan Financial Distress.” Owner 7 (2): 1271–82. https://doi.org/10.33395/owner.v7i2.1431.

Putri, Melati Eka, and Auliffi Ermian Challen. 2021. “Prediksi Kebangkrutan Pada Perusahaan Yang Terdaftar Di Bursa Efek Indonesia.” JAS (Jurnal Akuntansi Syariah) 5 (2): 126–41. https://doi.org/10.46367/jas.v5i2.425.

Putu, Ni, Eka Kartika, and I G A N Budiasih. 2017. “Firm Size Sebagai Pemoderasi Pengaruh Likuiditas, Leverage, Dan Operating Capacity Pada Financial Distress.” E-Jurnal Akuntansi 20 (3): 2187–2216.

Raharjo. 2015. “Teori Agensi Dan Teori Stewardship Dalam Perspektif Akuntansi.” Jurnal Fokus Ekonomi, 31–41. https://doi.org/10.1142/9789814632775_0003.

Santika, Ana. 2023. “Pengaruh Operating Capacity Terhadap Kondisi Financial Distress.” Jurnal Akuntansi, Manajemen Dan Ekonomi 2 (1): 1–9. https://doi.org/https://doi.org/10.56248/jamane.v2i1.53.

Sufiyati, Melly Ariesta Sulistiawati,. 2020. “Faktor Yang Mempengaruhi Firm Performance Pada Perusahaan Manfukaktur Yang Terdaftar Di Bei.” Jurnal Paradigma Akuntansi 2 (4): 1604. https://doi.org/10.24912/jpa.v2i4.9355.

Surbakti, Manuel Aristo, and Nanda Ayu Wijayanti. 2022. “Kinerja, Size, Leverage, Dan Pertumbuhan Perusahaan Dan Pengungkapan Corporate Social Responsibility Perusahaan Non Keuangan.” E-Jurnal Akuntansi 32 (7): 1714. https://doi.org/10.24843/eja.2022.v32.i07.p04.

Susanti, Nugraeni. 2020. “Pengaruh Corporate Governance Dan Gender Diversity Terhadap Financial Ditsress Pada Perusahaan Sektor Properti, Real Estate Dan Kontruksi Bangunan Yang Terdaftar Di Bursa Efek Indonesia Tahun 2014-2018.” Skripsi.

Tania, May. 2018. “Ketetapan Model Altman, Sprigate, Zmijewski, Dan Grover Dalam Memprediksi Financial Distress.” Jurnal Reviu Akuntansi Dan Keuangan 8 (1): 79–92. https://doi.org/10.22219/jrak.v8i1.28.

Triwahyuningtias, Meilinda. 2012. “Analisis Pengaruh Struktur Kepemilikan, Ukuran Dewan, Komisaris Independen, Likuiditas Dan Leverage Terhadap Teradinya Kondisi Finacial Distress (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Periode Tahun 2008-2010).” Skripsi.

Valentina. 2020. “Bu Fungjin” 22 (2): 347–59.

Wareza, Monica. 2019. “3 Emiten Akan Delisting, Ada Apa?” CNBCIndonesia, cnbcindonesia.com. https://www.cnbcindonesia.com/market/20190909125031-17-98023/3-emiten-akan-delisting-ada-apa.

Yazdanfar, Darush, and Peter Öhman. 2020. “Financial Distress Determinants among SMEs: Empirical Evidence from Sweden.” Journal of Economic Studies 47 (3): 547–60. https://doi.org/10.1108/JES-01-2019-0030.

Yohana, Yohana, and M. Hendri Yan Nyale. 2023. “Pengaruh Operating Capacity, Sales Growth Dan Firm Size Terhadap Financial Distress.” J-MAS (Jurnal Manajemen Dan Sains) 8 (1): 376. https://doi.org/10.33087/jmas.v8i1.734.

Yosua, Yosua, and Ary Satria Pamungkas. 2019. “Pengaruh Mekanisme Corporate Governance Terhadap Financial Distress.” Jurnal Manajerial Dan Kewirausahaan 1 (3): 618. https://doi.org/10.24912/jmk.v1i3.5374.

Zhou, Guanping. 2019. “Financial Distress Prevention in China: Does Gender of Board of Directors Matter?” Journal of Applied Finance & Banking 9 (6): 1792–6599.

PENGARUH BOARD GENDER, FIRM PERFORMANCE, OPERATING CAPACITY DAN SALES GROWTH TERHADAP FINANCIAL DISTRESS

(STUDI PADA PERUSAHAAN SEKTOR ENERGI YANG TERDAFTAR DI BEI TAHUN 2018-2022)

Authors

Keywords:

Abstract

References

Downloads

Published

How to Cite

Issue

Section

License

Current Issue

Sidebar