Manfaat Pengaruh Penggunaan Laba Dan Arus Kas Untuk Memprediksi Financial Distress

  • Bagas Hanindyo S Universitas Negeri Surakarta
  • Arum Kusumaningdyah Universitas Negeri Surakarta
Keywords: earning before tax, cash flow from activities operation, financial distress

Abstract

The  purpose of the  research is to find  out  empirically about the  influence of earnings before tax  and cash   flows from   operating activities  of  companies on  the   conditions of  financial distress  in manufacturing companies listed on the  Indonesia Stock Exchange 2013-2016. The  measurement of financial distress in this  study is proxied to be  two,  namely earning before tax  and  cash  flow  from operating activities. The  sample in this  study is 144  of the  560  manufacturing company data  listed on the  Indonesia Stock Exchange 2013-2016. The  data  used in this  study are  secondary data  derived from  annual reports and  sustainability reports of company. The  results of this  study indicate that earnings before tax  have  a positive and  significant effect on  detecting corporate financial distress While the  cash  flow  from  operating activities has  a significant negative effect to  detect financial distress conditions

Published
2019-07-12