Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia

Research Article

The Effect of Corporate Governance, Financial Ratio, and Macroeconomics on Financial Distress (Study of Property and Real Estate Sector Companies Listed at The IDX In 2017–2021)

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  • @INPROCEEDINGS{10.4108/eai.13-9-2023.2341135,
        author={Cindy  Veronica and Retno Yuni Nur Susilowati},
        title={The Effect of Corporate Governance, Financial Ratio, and Macroeconomics on Financial Distress (Study of Property and Real Estate Sector Companies Listed at The IDX In 2017--2021)},
        proceedings={Proceedings of the 6th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2023, 13-14 September 2023, Bandar Lampung, Indonesia},
        publisher={EAI},
        proceedings_a={ICEBE},
        year={2023},
        month={12},
        keywords={corporate governance financial ratio macroeconomics financial distress},
        doi={10.4108/eai.13-9-2023.2341135}
    }
    
  • Cindy Veronica
    Retno Yuni Nur Susilowati
    Year: 2023
    The Effect of Corporate Governance, Financial Ratio, and Macroeconomics on Financial Distress (Study of Property and Real Estate Sector Companies Listed at The IDX In 2017–2021)
    ICEBE
    EAI
    DOI: 10.4108/eai.13-9-2023.2341135
Cindy Veronica1,*, Retno Yuni Nur Susilowati1
  • 1: Universitas Lampung
*Contact email: cindyv824@gmail.com

Abstract

This research aims to investigate the impact of corporate governance, financial ratios, and macroeconomic factors on financial distress within the property and real estate sector companies listed on the Indonesia Stock Exchange (IDX) from 2017 to 2021. The study employs a regression analysis methodology utilizing a sample of property and real estate companies during the specified period. Data was collected from the companies' financial reports and relevant macroeconomic indicators. The study results show that H2, H3, H4 and H5 influence financial distress. However, for H1 and H6, it does not affect the occurrence of financial distress.