Pengaruh Tata Kelola Dan Utang Lancar Terhadap Prediksi Kesulitan Keuangan Perusahaan Di Indonesia

Stephanie Yustine Tanjung, Mariana Ing Malelak

Abstract


Setiap perusahaan memiliki peran penting bagi masyarakat sebagai penyedia barang dan jasa. Peran tersebut harus didukung dengan pengelolaan perusahaan yang baik. Tetapi, banyak perusahaan yang mengalami kesulitan keuangan di tahun 2020 terutama karena terdampak pandemi COVID-19. Penelitian ini bertujuan untuk mengetahui pengaruh tata kelola dan utang lancar terhadap prediksi kesulitan keuangan perusahaan di Indonesia. Data akan didapatkan dari laporan keuangan perusahaan dan Bloomberg. Populasi yang digunakan adalah BUMN non- keuangan yang terdaftar dalam Bursa Efek Indonesia tahun 2016-2020. Penelitian ini menggunakan metode sampling non-probabilitas yaitu purposive sampling method dalam menentukan sampel penelitian. Data yang terkumpul akan diuji menggunakan analisa regresi logistik untuk membuktikan hipotesis penelitian. Hasil penelitian menunjukkan bahwa direktur independen tidak berpengaruh signifikan terhadap prediksi kesulitan keuangan. Sedangkan kompensasi direktur berpengaruh signifikan negatif terhadap prediksi kesulitan keuangan, dan utang lancar berpengaruh signifikan positif terhadap prediksi kesulitan keuangan.

 

Every company has important role for public as a provider of goods and services. That role must be supported by good corporate management. However, many companies experienced financial distress in 2020 mainly due to the impact of COVID-19. The research purpose is to determine the effect of corporate governance and current debts to predict the Indonesian companies’ financial distress. The data will be obtained from the companies’ financial statements and Bloomberg. The population in this study is non-financial state-owned corporations listed on the Indonesia Stock Exchange 2016-2020. This study uses a non- probability sampling method, namely purposive sampling method to determine the research sample. The collected data will be tested using logistic regression analysis to prove the research hypothesis. The results showed that independent director does not have significant effect on the prediction of financial distress. Meanwhile director remuneration has a negative significant effect on the prediction of financial distress, and current debt has a positive significant effect on the prediction of financial distress.


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