Faktor-Faktor yang Mempengaruhi Terjadinya Financial Distress: Sebuah Review

Abstract

Financial distress shows the condition of a company that is experiencing economic and financial difficulties that may cause bankruptcy. The purpose of this study is to determine and analyze the effect of leverage, liquidity, profitability, and company size on financial distress. This research was conducted using a systematic literature review method, or reviewing previous studies, to identify whether the effect of leverage, liquidity, profitability, and company size on financial distress. The data used is secondary data in the form of journey articles from the period of 2020–2022 obtained using Google Scholar. The results of this study indicate that leverage, liquidity, profitability, and company size have an effect on financial distress. The results of this study are expected to be used as a reference and source of information related to factors that can affect financial distress..

Keywords: Financial distress; leverage; liquidity; profitability; company size.