Business, Management and Accounting
a year ago

Profitable companies in Indonesia face increased financial distress due to size.

1 view
EKONOMIS Journal of Economics and Business
Pengaruh Profitabilitas dan Ukuran Perusahaan Terhadap Financial Distress
Sri Lestari Yuli Prastyatini, Elen Novikasari

Paper Summary

The study looked at how profitability and company size affect financial distress in cosmetics and household goods companies on the Indonesia Stock Exchange from 2016 to 2021. They used data from 6 companies and found that higher profitability and larger company size both lead to increased financial distress.

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