PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS PERUSAHAAN CONSUMER GOODS DIMODERASI PROFITABILITAS

Authors

  • Heidy Paramitha Devi Universitas PGRI Madiun, Indonesia
  • Berlian Kusuma Ningrum Universitas PGRI Madiun
  • Sri Supatminingsih ITB AAS Indonesia, Indonesia

DOI:

https://doi.org/10.29040/jie.v6i2.6274

Abstract

This study aims to determine the effect of Good Corporate Governance on Financial Distress with Financial Performance as a Moderating Variable. This research was conducted on Consumer Goods companies listed on the IDX for the 2018-2019 period. This study uses quantitative research methods. The population in this study were 52 companies. The sampling method used purposive sampling method and the resulting sample of 44 companies with a period of 3 years so that a sample of 132 company data was obtained. However, there are outlier data, so 106 research data are obtained. The research analysis uses Multiple Linear Regression and Moderate Regression Analysis (MRA) using SPSS version 25 software. The results show that (1) the Board of Commissioners has an effect on Financial Distress (2) the Board of Directors has no effect on Financial Distress (3) the Audit Committee has no influence on Financial Distress (4) The Board of Commissioners has no effect on Financial Distress which is moderated by Profitability (5) The Board of Directors has an effect on Financial Distress which is moderated by Profitability (6) The Audit Committee has an effect on Financial Distress which is moderated by Profitability. Keywords : Good Corporate Governance, Financial Distress, Financial Performance, Consumer Goods companies

References

Ananto, R. P., Mustika, R., & Handayani, D. (2017). Pengaruh GCG, Leverage, Profitabilitas Dan UP Terhadap FD Pada Perusahaan Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Ekonomi Dan Bisnis Dharma Andalas, 19(1), 92–105.

Brahmana, R. (2007). Identifying Financial Distress Condition in Indonesia Manufacture Industry. Birmingham Business School, University of Birmingham United Kingdom.

Damayanti, L. D., Yuniarta, G. A., & Sinarwati, N. K. (2017). Analisis Pengaruh Kinerja Keuangan, Ukuran Komite Audit dan Kepemilikan Manajerial Terhadap Prediksi Financial Distress. JIMAT Undiksha, 7(1), 1–12. https://ejournal.undiksha.ac.id/index.php/S1ak/article/viewFile/9675/6147

Dhiyaul-Haq, Z. M., & Santoso, A. L. (2016). Pengaruh Profitabilitas, Penghargaan, dan Tipe Kepemilikan Bank Umum Syariah Terhadap Pengungkapan Islamic Social Reporting. In Simposium Nasional Akuntansi XIX …. lib.ibs.ac.id. http://lib.ibs.ac.id/materi/Prosiding/SNA XIX (19) Lampung 2016/makalah/089.pdf

Dwi Putra, R., & Serly, V. (2020). Pengaruh Karakteristik Komite Audit Dan Ukuran Perusahaan Terhadap Financial Distress. Jurnal Eksplorasi Akuntansi, 2(3), 3160–3178. https://doi.org/10.24036/jea.v2i3.275

Elyanto, A. A., & Syafruddin, M. (2013). Analisis Pengaruh Karakteristik Komite Audit Terhadap Financial Distress. Journal Of Accounting, 2(2), 1–14. http://ejournal-s1.undip.ac.id/index.php/accounting

Gunawijaya, I. (2015). Pengaruh Karakteristik Komite Audit, Independensi Dewan Komisaris, Reputasi Auditor Terhadap Financial Distress. Jurnal Akuntansi Bisnis, XIV(27), 32.

Haposan Banjarnahor, Agus Defri Yando. (2018). Mekanisme Good Corporate Governance Terhadap Manajemen Laba Dengan Kinerja Keuangan Sebagai Variabel Moderasi. Jurnal Ilmiah Akuntansi Dan Finansial Indonesia, 2(1), 29–40. https://doi.org/10.31629/jiafi.v2i1.1275

Lestari, T., & Wahyudin, A. (2021). Pengaruh Mekanisme Corporate Governance terhadap Financial Distress dengan Profitabilitas sebagai Variabel Moderating. Business and Economic Analysis Journal, 1(1), 50–62. http://beaj.unnes.ac.id

Ma’ruf, M., & Kresnamurti, R. (2021). Pengaruh Good Corporate Governance dan Ukuran Perusahaan Terhadap Financial Distress Pada Perusahaan Manufaktur Sektor Aneka Industri Yang Terdaftar di BEI. Proceedings of the 4th International Conference on Sustainable Innovation 2020-Accounting and Management (ICoSIAMS 2020), 176(1), 1–13. https://doi.org/10.2991/aer.k.210121.046

Mafiroh, A. (2016). Pengaruh Kinerja Keuangan dan Mekanisme Corporate Governance Terhadap Financial Distress (Studi Empiris pada Perusahaan Manufaktur yang Terdaftar di …. eprints.ums.ac.id. http://eprints.ums.ac.id/id/eprint/43184

Mauda, A., & Serly, V. (2021). The Pengaruh Karakteristik Dewan Direksi Terhadap Financial Distress: Pada Perusahaan BUMN di Indonesia Tahun 2015 – 2019. Jurnal Eksplorasi Akuntansi, 3(3), 567–582. https://doi.org/10.24036/jea.v3i3.427

Napitupulu, R. M., & Suryandari, D. (2021). Pengaruh Kinerja Keuangan Dan Dewan Komisaris Terhadapfinancial Distress. Jurnal Ilmiah Akuntansi Dan Keuangan, 4(5), 912–922.

Nuresa, A., & Hadiprajitno, B. (2013). Pengaruh Efektivitas Komite Audit Terhadap Financial Distress. Jurnal Ilmiah Mahasiswa FEB, 2(1), 1–10. https://jimfeb.ub.ac.id/index.php/jimfeb/article/view/5239

Oskar Kowalewski. (2016). "Corporate governance and corporate performance: Financial crisis (2008). In Management Research Review (Vol. 39, Issue 11).

Riadiani, A. R., & Wahyudin, A. (2015). Pengaruh Good Corporate Governance Terhadap Manajemen Laba Dengan Financial Distress Sebagai Intervening. Accounting Analysis Journal, 4(3), 1–9.

Sukawati, T. A., & Wahidahwati. (2020). Pengaruh Kinerja Keuangan Dan Efektivitas Komite Audit Terhadap Financial Distress. Jurnal Ilmu Dan Riset Akuntansi, 9(1), 1–20.

Tampubolon, E. H., & Harahap, L. W. (2017). Pengaruh Mekanisme Corporate Governance Dan Firm Size Terhadap Kondisi Financial Distress Pada Perusahaan Property And …. Jurnal Mediasi. http://digilib.unimed.ac.id/id/eprint/28129

Valensia, K., & Khairani, S. (2019). Pengaruh Profitabilitas, Financial Distress, Dewan Komisaris Independen Dan Komite Audit Terhadap Nilai Perusahaan Dimediasi Oleh Tax Avoidance (Studi Empiris Pada Perusahaan Sektor Industri Barang Konsumsi Yang Terdaftar Di Bursa Efek Indonesia Periode 2. Jurnal Akuntansi, 9(1), 47–64. https://doi.org/10.33369/j.akuntansi.9.1.47-64

Widiastuti, H., Putra, W. M., Utami, E. R., & Suryanto, R. (2019). Menakar tata kelola badan usaha milik desa di Indonesia. Jurnal Ekonomi Dan Bisnis, 22(2), 257–288. https://doi.org/10.24914/jeb.v22i2.2410

Downloads

Published

2022-08-06

How to Cite

Devi, H. P., Ningrum, B. K., & Supatminingsih, S. (2022). PENGARUH GOOD CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS PERUSAHAAN CONSUMER GOODS DIMODERASI PROFITABILITAS. JURNAL ILMIAH EDUNOMIKA, 6(2), 1250–1258. https://doi.org/10.29040/jie.v6i2.6274

Issue

Vol. 6 No. 2 (2022): EDUNOMIKA : Vol. 06, No. 02, 2022

Section

Articles

Citation Check