How to cite this paper
Jati, K., Agustina, L., Amal, M., Wahyuningrum, I & Zulaikha, Z. (2021). Exploring the internal factors influencing financial distress.Accounting, 7(4), 791-800.
Refrences
Almilia, L. S., & Kristijadi, E. (2003). Analisis Rasio Keuangan Untuk Memprediksi Kondisi Financial Distress Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Jakarta. Jurnal Akuntansi & Auditing Indonesia, 7(2).
Ananto, R. P., Mustika, R., & Handayani, D. (2017). Pengaruh Good Corporate Governance (GCG), Leverage, Profitabilitas dan Ukuran Perusahaan Terhadap Financial Distress Pada Perusahaan Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia. Jurnal Ekonomi dan Bisnis Dharma Andalas, 19(1), 92..
Andre, O. (2013). Pengaruh Profitabilitas, Likuiditas Dan Leverage Dalam Memprediksi Financial Distress (Studi Empiris Pada Perusahaan Aneka Industri yang Terdaftar di BEI). Jurnal Akuntansi, 1(1).
Andre, O., & Taqwa, S. (2014). Pengaruh Profitabilitas , Likuiditas , dan Leverage Dalam Memprediksi Financial Distress (Studi Empiris Pada Perusahaan Aneka Industri yang Terdaftar di BEI Tahun 2006-2010). Jurnal WRA.
Atika, Darminto, & Handayani, S. R. (2013). Pengaruh Beberapa Rasio Keuangan Terhadap Prediksi Kondisi Financial Distress. Jurnal Administrasi Bisnis, 1(2).
Ayu, A. S., Handayani, S. R., & Topowijono. (2017). Pengaruh Likuiditas, Leverage, Profitabilitas, Dan Ukuran Perusahaan Terhadap Financial Distress Studi pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia tahun 2012-2015 ). Jurnal Administrasi Bisnis (JAB), 43(1), 138–147.
Bhattacharjee, A., & Han, J. (2014). Financial distress of Chinese firms: Microeconomic, macroeconomic and institutional influences. China Economic Review, 30, 244–262.
Bolek, M. (2013). Dynamic and static liquidity measures in working capital strategies. European Scientific Journal, 9(4).
Brahmana, R. K. (2007). Identifying financial distress condition in Indonesia manufacture industry. Birmingham Business School, University of Birmingham, United Kingdom.
Cassar, G., & Holmes, S. (2003). Capital structure and financing of SMEs: Australian evidence. Accounting and Finance, 43(2), 123–147. https://doi.org/10.1111/1467-629X.t01-1-00085
Charalambakis, E. C., & Garrett, I. (2019). On corporate financial distress prediction : What can we learn from private firms in a developing economy ? Evidence from Greece. Review of Quantitative Finance and Accounting, 52(2), 467–491. https://doi.org/10.1007/s11156-018-0716-7
Chiaramonte, L., & Casu, B. (2017). Capital and liquidity ratios and financial distress. Evidence from the European banking industry. British Accounting Review. https://doi.org/10.1016/j.bar.2016.04.001
Chou, T.-K., & Johennesse, L.-A. (2021). Board characteristics, ownership structures and firm R&D intensity. Accounting, 7, 635–644.
Chrissentia, T., & Syarief, J. (2018). ANALISIS PENGARUH RASIO PROFITABILITAS, LEVERAGE, LIKUIDITAS, FIRM AGE, DAN KEPEMILIKAN INSTITUSIONAL TERHADAP FINANCIAL DISTRESS. SIMAK. https://doi.org/10.35129/simak.v16i01.11
Cornett, M. M., McNutt, J. J., & Tehranian, H. (2009). Corporate governance and earnings management at large US bank holding companies. Journal of Corporate finance, 15(4), 412-430.
Das, S., & Goel, U. (2019). Determinants of Excess and Deficit Cash Holdings of Firms: Evidence from Emerging Market. Global Business Review. https://doi.org/10.1177/0972150918824950
Ferri, M. G., & Jones, W. H. (1979). Determinants of financial structure: A new methodological approach. Journal of Finance, 34(3), 631–644. https://doi.org/doi:10.1111/j.1540-6261.1979.tb02130.x
Gobenvy, O. (2014). Pengaruh Profitabilitas, Financial Leverage Dan Ukuran Pperusahaan Terhadap Financial Distress Pada Perusahaan Mannufaktur Yang Terdatar Di Bursa Efek Indonesia Tahun 2009-2011. Jurnal Akuntansi, 2(1).
Goulet, P., & Foster, G. (1980). Financial Statement Analysis. The Journal of Finance. https://doi.org/10.2307/2327225
Hanafi, M., & Halim, A. (2012). Analisis Laporan Keuangan (4th ed.). UPP STIM YKPN.
Hapsari, E. I. (2012). Kekuatan Rasio Keuangan Dalam Memprediksi Kondisi Financial Distress Perusahaan Manufaktur di BEI. Jurnal Dinamika Manajemen, 3(2), 101–109.
Huberman, G. (1984). External financing and liquidity. The Journal of Finance, 39(3), 895-908.
Kazemian, S., Shauri, N. A. A., Sanusi, Z. M., Kamaluddin, A., & Shuhidan, S. M. (2017). Monitoring Mechanisms and Financial Distress of Public Listed Companies in Malaysia. Journal of International Studies, 10, 92–109. https://doi.org/10.14254/2071-8330.2017/10-1/6
Khaliq, A., Altarturi, B. H. M., Thaker, H. M. T., Harun, M. Y., & Nahar, N. (2014). Identifying Financial Distress Firms : A Case Study of Malaysia’s Government Linked Companies (GLC). International Journal of Economics, Finance and Management, 3(3), 141–150.
Kim, C.-S., Mauer, D. C., & Sherman, A. E. (1998). The Determinants of Corporate Liquidity: Theory and Evidence. The Journal of Financial and Quantitative Analysis. https://doi.org/10.2307/2331099
Koh, P. (2003). On the association between institutional ownership and aggressive corporate earnings management in Australia. 35, 105–128. https://doi.org/10.1016/S0890-8389(03)00014-3
Kompas.com. (2017). Utang PT Nyonya Meneer ke Kreditor Capai Rp 252 Miliar. Kompas.Com.
Kompas.com. (2018a). Majelis Hakim Putuskan Produsen Amplop Jaya Pailit. Kompas.Com.
Kompas.com. (2018b). Utang Rp 1 Triliun, Perusahaan Teh Sariwangi Dinyatakan Pailit. Kompas.Com.
Kompas.com. (2019). Mengurai Permasalahan dan Isu Pailit yang dialami Produsen Taro. Kompas.Com.
Lakshan, A. M. I., & Wijekoon, W. M. H. . (2013). The Use of Financial Ratios in Predicting Corporate Failure in Sri Lanka. GTSF Journal on Business Review (GBR), 2(4). https://doi.org/10.5176/2010-4804
Lennox, C. (1999). Identifying failing companies: A reevaluation of the logit, probit and DA approaches. Journal of Economics and Business. https://doi.org/10.1016/s0148-6195(99)00009-0
Mahtani, U. S., & Garg, C. P. (2018). An analysis of key factors of financial distress in airline companies in India using fuzzy AHP framework. Transportation Research Part A: Policy and Practice. https://doi.org/10.1016/j.tra.2018.08.016
Mas’ud, I., & Srengga, R. M. (2012). Analisis Rasio Keuangan Untuk Memprediksi Kondisi Financial Distress Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi Universitas Jember, 10(2), 139–154.
Masdupi, E., Tasman, A., & Davista, A. (2018). The Influence of Liquidity , Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia. Advances in Economics, Business and Management Research, 57(Piceeba), 223–228.
McKnight, P. J., & Weir, C. (2009). Agency costs, corporate governance mechanisms and ownership structure in large UK publicly quoted companies: A panel data analysis. Quarterly Review of Economics and Finance, 49(2), 139–158. https://doi.org/10.1016/j.qref.2007.09.008
Niresh, J. A. (2012). Trade-off between liquidity & profitability: A study of selected manufacturing firms in Sri Lanka. Researchers World, 3(4), 34.
Nugrahanti, Y. W., Sutrisno, T., Rahman, A. F., & Mardiati, E. (2020). Do firm characteristics, political connection and corporate governance mechanism affect financial distress?(Evidence from Indonesia). International Journal of Trade and Global Markets, 13(2), 220-250.
Okezone.com. (2018). 15 Emiten Terancam Delisting dari Bursa. Okezone.Com.
Pasaribu, R. B. F. (2008). Penggunaan Binary Logit Untuk Prediksi Financial Distress Perusahaan Yang Tercatat Di Bursa Efek Jakarta (Studi Kasus Emiten Industri Perdagangan). Jurnal Ekonomi, Bisnis, Dan Akuntansi Ventura.
Prasetyo, R. A., & Fachrurrozie. (2016). Analysis of Factors Effecting on The Probability of Financial Distress. Accounting Analysis Journal, 5(4), 370–380.
Radifan, R., & Yuyetta, E. N. A. (2015). Analisis Pengaruh Mekanisme Good Corporate Governance Terhadap Kemungkinan Financial Distress. Diponegoro Journal of Accounting, 4(3), 1–11.
Rahayu, wiwin putri, & Sopian, D. (2017). Pengaruh Rasio Keuangan Dan Ukuran Perusahaan Terhadap Financial Distress (Studi Empiris Pada Perusahaan Food and Beverage Di Bursa Efek Indonesia). Competitive Jurnal Akuntansi Dan Keuangan, 1(2).
Raza, M. W. (2013). Affect of financial leverage on firm performance. Empirical evidence from Karachi Stock Exchange.
Ross, S. A., Westerfield, R. W., Jordan, B. D., & Roberts, G. (2016). Fundamentals of Corporate Finance (9th Canadi).
Saleh, A., & Sudiyatno, B. (2013). Pengaruh Rassio Keuangan Untuk Memprediksi Probabilitas Kebangkrutan Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia. Dinamika Akuntansi, Keuangan Dan Perbankan, 2(1), 82–91.
Sari, N. L. K. M., & Putri, I. G. A. M. A. D. P. (2016). Kemampuan Profitabilitas Memoderasi Pengaruh Likuiditas Dan Leverage Terhadap Financial Distress. Jurnal Riset Akuntansi, 6(1), 1–9.
Setyobudi, A., Amboningyas, D., & Yulianeu. (2017). The Analysis Of Liquidity, Leverage, Profitability, and Firm Size Influence Toward The Financial Distress With Good Corporate Governonce as The Moderating Variable in PT. Telekomunikasi Indonesia Tbk.and PT. Indosat Tbk. Journal OfManagement, 3(3).
Sugiono, L. P., & Christiawan, Y. J. (2013). Analisa Faktor yang Mempengaruhi Likuiditas pada Industri Ritel yang Terdaftar pada Bursa Efek Indonesia Tahun 2007-2012. Business Accounting Review, 1(2), 298–305.
Sun, J., Li, H., Huang, Q.-H., & He, K.-Y. (2014). Predicting financial distress and corporate failure: A review from the state-of-the-art definitions, modeling, sampling, and featuring approaches. Knowledge-Based Systems, 57, 41–56.
Swalih, M. M., Adarsh, K. B., & Sulphey, M. M. (2021). A study on the financial soundness of indian automobile industries using altman z-score. Accounting. https://doi.org/10.5267/j.ac.2020.12.001
Thim, C. K., Choong, Y. V., & Nee, C. S. (2011). Factors affecting financial distress: The case of Malaysian public listed firms. Corporate Ownership and Control, 8(4), 345–351.
Tinoco, M.H., & Wilson, N. (2013). Financial distress and bankruptcy prediction among listed companies using accounting, market and macroeconomic variables. International Review of Financial Analysis. https://doi.org/10.1016/j.irfa.2013.02.013
Triwahyuningtias, M., & Muharam, H. (2012). Analisis Pengaruh Struktur Kepemilikan, Ukuran Dewan, Komisaris Independen, Likuiditas Dan Leverage Terhadap Terjadinya Kondisi Financial Distress (Studi Pada Perusahaan Manufaktur Yang Terdafatar Di Bursa Efek Indonesia Tahun 2008-2010). Diponegoro Journal of Management, 1(1), 1–14.
Waqas, H., & Md-rus, R. (2018). Predicting financial distress : Importance of accounting and firm-specific market variables for Pakistan’s listed firms. Cogent Economics & Finance, 6(1), 1–16. https://doi.org/10.1080/23322039.2018.1545739
Widarti, A. A., & Sudanandra, I. M. (2014). Pengaruh Karakteristik Perusahaan Terhadap Keputusan Pendanaan (Perbandingan Antar Sub Sektor Industri Manufaktur). Jurnal Siasat Bisnis, 18(2), 190–201.
Widhiari, N. L. M. A., & Merkusiwati, N. K. L. A. (2015). Pengaruh Rasio Likuiditas , Leverage , Operating Capacity, dan Sales Growth Terhadap Financial Distress. E-Jurnal Akuntansi Universitas Udayana, 2, 456–469.
Yuliastary, E. C., & Wirakusuma, M. G. (2014). Analisis Financial Distress Dengan Metode Z- Score Altman, Springate, Zmijewski. E-Jurnal Akuntansi Universitas Udayana, 6(3), 379–389.
Ananto, R. P., Mustika, R., & Handayani, D. (2017). Pengaruh Good Corporate Governance (GCG), Leverage, Profitabilitas dan Ukuran Perusahaan Terhadap Financial Distress Pada Perusahaan Barang Konsumsi yang Terdaftar di Bursa Efek Indonesia. Jurnal Ekonomi dan Bisnis Dharma Andalas, 19(1), 92..
Andre, O. (2013). Pengaruh Profitabilitas, Likuiditas Dan Leverage Dalam Memprediksi Financial Distress (Studi Empiris Pada Perusahaan Aneka Industri yang Terdaftar di BEI). Jurnal Akuntansi, 1(1).
Andre, O., & Taqwa, S. (2014). Pengaruh Profitabilitas , Likuiditas , dan Leverage Dalam Memprediksi Financial Distress (Studi Empiris Pada Perusahaan Aneka Industri yang Terdaftar di BEI Tahun 2006-2010). Jurnal WRA.
Atika, Darminto, & Handayani, S. R. (2013). Pengaruh Beberapa Rasio Keuangan Terhadap Prediksi Kondisi Financial Distress. Jurnal Administrasi Bisnis, 1(2).
Ayu, A. S., Handayani, S. R., & Topowijono. (2017). Pengaruh Likuiditas, Leverage, Profitabilitas, Dan Ukuran Perusahaan Terhadap Financial Distress Studi pada Perusahaan Manufaktur Sektor Industri Dasar dan Kimia yang Terdaftar di Bursa Efek Indonesia tahun 2012-2015 ). Jurnal Administrasi Bisnis (JAB), 43(1), 138–147.
Bhattacharjee, A., & Han, J. (2014). Financial distress of Chinese firms: Microeconomic, macroeconomic and institutional influences. China Economic Review, 30, 244–262.
Bolek, M. (2013). Dynamic and static liquidity measures in working capital strategies. European Scientific Journal, 9(4).
Brahmana, R. K. (2007). Identifying financial distress condition in Indonesia manufacture industry. Birmingham Business School, University of Birmingham, United Kingdom.
Cassar, G., & Holmes, S. (2003). Capital structure and financing of SMEs: Australian evidence. Accounting and Finance, 43(2), 123–147. https://doi.org/10.1111/1467-629X.t01-1-00085
Charalambakis, E. C., & Garrett, I. (2019). On corporate financial distress prediction : What can we learn from private firms in a developing economy ? Evidence from Greece. Review of Quantitative Finance and Accounting, 52(2), 467–491. https://doi.org/10.1007/s11156-018-0716-7
Chiaramonte, L., & Casu, B. (2017). Capital and liquidity ratios and financial distress. Evidence from the European banking industry. British Accounting Review. https://doi.org/10.1016/j.bar.2016.04.001
Chou, T.-K., & Johennesse, L.-A. (2021). Board characteristics, ownership structures and firm R&D intensity. Accounting, 7, 635–644.
Chrissentia, T., & Syarief, J. (2018). ANALISIS PENGARUH RASIO PROFITABILITAS, LEVERAGE, LIKUIDITAS, FIRM AGE, DAN KEPEMILIKAN INSTITUSIONAL TERHADAP FINANCIAL DISTRESS. SIMAK. https://doi.org/10.35129/simak.v16i01.11
Cornett, M. M., McNutt, J. J., & Tehranian, H. (2009). Corporate governance and earnings management at large US bank holding companies. Journal of Corporate finance, 15(4), 412-430.
Das, S., & Goel, U. (2019). Determinants of Excess and Deficit Cash Holdings of Firms: Evidence from Emerging Market. Global Business Review. https://doi.org/10.1177/0972150918824950
Ferri, M. G., & Jones, W. H. (1979). Determinants of financial structure: A new methodological approach. Journal of Finance, 34(3), 631–644. https://doi.org/doi:10.1111/j.1540-6261.1979.tb02130.x
Gobenvy, O. (2014). Pengaruh Profitabilitas, Financial Leverage Dan Ukuran Pperusahaan Terhadap Financial Distress Pada Perusahaan Mannufaktur Yang Terdatar Di Bursa Efek Indonesia Tahun 2009-2011. Jurnal Akuntansi, 2(1).
Goulet, P., & Foster, G. (1980). Financial Statement Analysis. The Journal of Finance. https://doi.org/10.2307/2327225
Hanafi, M., & Halim, A. (2012). Analisis Laporan Keuangan (4th ed.). UPP STIM YKPN.
Hapsari, E. I. (2012). Kekuatan Rasio Keuangan Dalam Memprediksi Kondisi Financial Distress Perusahaan Manufaktur di BEI. Jurnal Dinamika Manajemen, 3(2), 101–109.
Huberman, G. (1984). External financing and liquidity. The Journal of Finance, 39(3), 895-908.
Kazemian, S., Shauri, N. A. A., Sanusi, Z. M., Kamaluddin, A., & Shuhidan, S. M. (2017). Monitoring Mechanisms and Financial Distress of Public Listed Companies in Malaysia. Journal of International Studies, 10, 92–109. https://doi.org/10.14254/2071-8330.2017/10-1/6
Khaliq, A., Altarturi, B. H. M., Thaker, H. M. T., Harun, M. Y., & Nahar, N. (2014). Identifying Financial Distress Firms : A Case Study of Malaysia’s Government Linked Companies (GLC). International Journal of Economics, Finance and Management, 3(3), 141–150.
Kim, C.-S., Mauer, D. C., & Sherman, A. E. (1998). The Determinants of Corporate Liquidity: Theory and Evidence. The Journal of Financial and Quantitative Analysis. https://doi.org/10.2307/2331099
Koh, P. (2003). On the association between institutional ownership and aggressive corporate earnings management in Australia. 35, 105–128. https://doi.org/10.1016/S0890-8389(03)00014-3
Kompas.com. (2017). Utang PT Nyonya Meneer ke Kreditor Capai Rp 252 Miliar. Kompas.Com.
Kompas.com. (2018a). Majelis Hakim Putuskan Produsen Amplop Jaya Pailit. Kompas.Com.
Kompas.com. (2018b). Utang Rp 1 Triliun, Perusahaan Teh Sariwangi Dinyatakan Pailit. Kompas.Com.
Kompas.com. (2019). Mengurai Permasalahan dan Isu Pailit yang dialami Produsen Taro. Kompas.Com.
Lakshan, A. M. I., & Wijekoon, W. M. H. . (2013). The Use of Financial Ratios in Predicting Corporate Failure in Sri Lanka. GTSF Journal on Business Review (GBR), 2(4). https://doi.org/10.5176/2010-4804
Lennox, C. (1999). Identifying failing companies: A reevaluation of the logit, probit and DA approaches. Journal of Economics and Business. https://doi.org/10.1016/s0148-6195(99)00009-0
Mahtani, U. S., & Garg, C. P. (2018). An analysis of key factors of financial distress in airline companies in India using fuzzy AHP framework. Transportation Research Part A: Policy and Practice. https://doi.org/10.1016/j.tra.2018.08.016
Mas’ud, I., & Srengga, R. M. (2012). Analisis Rasio Keuangan Untuk Memprediksi Kondisi Financial Distress Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi Universitas Jember, 10(2), 139–154.
Masdupi, E., Tasman, A., & Davista, A. (2018). The Influence of Liquidity , Leverage and Profitability on Financial Distress of Listed Manufacturing Companies in Indonesia. Advances in Economics, Business and Management Research, 57(Piceeba), 223–228.
McKnight, P. J., & Weir, C. (2009). Agency costs, corporate governance mechanisms and ownership structure in large UK publicly quoted companies: A panel data analysis. Quarterly Review of Economics and Finance, 49(2), 139–158. https://doi.org/10.1016/j.qref.2007.09.008
Niresh, J. A. (2012). Trade-off between liquidity & profitability: A study of selected manufacturing firms in Sri Lanka. Researchers World, 3(4), 34.
Nugrahanti, Y. W., Sutrisno, T., Rahman, A. F., & Mardiati, E. (2020). Do firm characteristics, political connection and corporate governance mechanism affect financial distress?(Evidence from Indonesia). International Journal of Trade and Global Markets, 13(2), 220-250.
Okezone.com. (2018). 15 Emiten Terancam Delisting dari Bursa. Okezone.Com.
Pasaribu, R. B. F. (2008). Penggunaan Binary Logit Untuk Prediksi Financial Distress Perusahaan Yang Tercatat Di Bursa Efek Jakarta (Studi Kasus Emiten Industri Perdagangan). Jurnal Ekonomi, Bisnis, Dan Akuntansi Ventura.
Prasetyo, R. A., & Fachrurrozie. (2016). Analysis of Factors Effecting on The Probability of Financial Distress. Accounting Analysis Journal, 5(4), 370–380.
Radifan, R., & Yuyetta, E. N. A. (2015). Analisis Pengaruh Mekanisme Good Corporate Governance Terhadap Kemungkinan Financial Distress. Diponegoro Journal of Accounting, 4(3), 1–11.
Rahayu, wiwin putri, & Sopian, D. (2017). Pengaruh Rasio Keuangan Dan Ukuran Perusahaan Terhadap Financial Distress (Studi Empiris Pada Perusahaan Food and Beverage Di Bursa Efek Indonesia). Competitive Jurnal Akuntansi Dan Keuangan, 1(2).
Raza, M. W. (2013). Affect of financial leverage on firm performance. Empirical evidence from Karachi Stock Exchange.
Ross, S. A., Westerfield, R. W., Jordan, B. D., & Roberts, G. (2016). Fundamentals of Corporate Finance (9th Canadi).
Saleh, A., & Sudiyatno, B. (2013). Pengaruh Rassio Keuangan Untuk Memprediksi Probabilitas Kebangkrutan Pada Perusahaan Manufaktur Yang Terdaftar di Bursa Efek Indonesia. Dinamika Akuntansi, Keuangan Dan Perbankan, 2(1), 82–91.
Sari, N. L. K. M., & Putri, I. G. A. M. A. D. P. (2016). Kemampuan Profitabilitas Memoderasi Pengaruh Likuiditas Dan Leverage Terhadap Financial Distress. Jurnal Riset Akuntansi, 6(1), 1–9.
Setyobudi, A., Amboningyas, D., & Yulianeu. (2017). The Analysis Of Liquidity, Leverage, Profitability, and Firm Size Influence Toward The Financial Distress With Good Corporate Governonce as The Moderating Variable in PT. Telekomunikasi Indonesia Tbk.and PT. Indosat Tbk. Journal OfManagement, 3(3).
Sugiono, L. P., & Christiawan, Y. J. (2013). Analisa Faktor yang Mempengaruhi Likuiditas pada Industri Ritel yang Terdaftar pada Bursa Efek Indonesia Tahun 2007-2012. Business Accounting Review, 1(2), 298–305.
Sun, J., Li, H., Huang, Q.-H., & He, K.-Y. (2014). Predicting financial distress and corporate failure: A review from the state-of-the-art definitions, modeling, sampling, and featuring approaches. Knowledge-Based Systems, 57, 41–56.
Swalih, M. M., Adarsh, K. B., & Sulphey, M. M. (2021). A study on the financial soundness of indian automobile industries using altman z-score. Accounting. https://doi.org/10.5267/j.ac.2020.12.001
Thim, C. K., Choong, Y. V., & Nee, C. S. (2011). Factors affecting financial distress: The case of Malaysian public listed firms. Corporate Ownership and Control, 8(4), 345–351.
Tinoco, M.H., & Wilson, N. (2013). Financial distress and bankruptcy prediction among listed companies using accounting, market and macroeconomic variables. International Review of Financial Analysis. https://doi.org/10.1016/j.irfa.2013.02.013
Triwahyuningtias, M., & Muharam, H. (2012). Analisis Pengaruh Struktur Kepemilikan, Ukuran Dewan, Komisaris Independen, Likuiditas Dan Leverage Terhadap Terjadinya Kondisi Financial Distress (Studi Pada Perusahaan Manufaktur Yang Terdafatar Di Bursa Efek Indonesia Tahun 2008-2010). Diponegoro Journal of Management, 1(1), 1–14.
Waqas, H., & Md-rus, R. (2018). Predicting financial distress : Importance of accounting and firm-specific market variables for Pakistan’s listed firms. Cogent Economics & Finance, 6(1), 1–16. https://doi.org/10.1080/23322039.2018.1545739
Widarti, A. A., & Sudanandra, I. M. (2014). Pengaruh Karakteristik Perusahaan Terhadap Keputusan Pendanaan (Perbandingan Antar Sub Sektor Industri Manufaktur). Jurnal Siasat Bisnis, 18(2), 190–201.
Widhiari, N. L. M. A., & Merkusiwati, N. K. L. A. (2015). Pengaruh Rasio Likuiditas , Leverage , Operating Capacity, dan Sales Growth Terhadap Financial Distress. E-Jurnal Akuntansi Universitas Udayana, 2, 456–469.
Yuliastary, E. C., & Wirakusuma, M. G. (2014). Analisis Financial Distress Dengan Metode Z- Score Altman, Springate, Zmijewski. E-Jurnal Akuntansi Universitas Udayana, 6(3), 379–389.