PENGARUH LEVERAGE, KEPEMILIKAN MANAJERIAL, TERHADAP FINANCIAL DISTRESS DIMODERASI PROFITABILITAS (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia Tahun 2014-2017)

Abstract

This study aimed to examine the influence of of leverage and managerial
ownership moderated profitability. The population taken in this study were
manufacturing companies listed on the Indonesia Stock Exchange in 2014-2017 which
amounted to 138 companies. From this population, there were 13 companies as samples.
Data obtained using purposive sampling method and financial distress were measured
using the Model z-score. This study uses moderated regression analysis (MRA), using
SPSS 25 software to process data.The results of the study show that, (1) Leverage had
affect on financial distress (2) Managerial ownership had affect on financial distress (3)
profitability are not able to moderate the affect of Leverage to financial distress (4)
profitability able to moderate the affect of managerial ownership to financial distress.
Keywords : laverege, Managerial Ownership, profitability and financial distress.