Cuci Harningsih, 7211418083 (2022) PENGARUH FIRM SIZE, TANGIBILITY ASSET DAN OPERATING CAPACITY TERHADAP FINANCIAL DISTRESS DENGAN MODERATING LEVERAGE PADA PERUSAHAAN CONSUMER GOODS INDUSTRY YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2018-2020. Under Graduates thesis, Universitas Negeri Semarang.

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Abstract

Financial distress is a condition where the company's finances are in an unhealthy or critical condition. Every company pays attention to how big the company's growth is and how the company's performance is to avoid financial distress or financial distress. The purpose of this study was to determine the effect of firm size, tangibility assets, operating capacity on financial distress with leverage as a moderating variable in the consumer goods industry sector. The population of this study are consumer goods industry companies listed on the Indonesia Stock Exchange in 2018-2020. Sampling using purposive sampling technique in order to obtain a sample of 46 companies or 134 units of analysis. The research hypothesis was tested using descriptive analysis, classical assumptions and logistic regression analysis on the SPSS version 25 application. The results showed that there was a direct effect of firm size and operating capacity on financial distress with a significance of 5%. Tangibility asset variable has no significant effect on financial distress. The leverage variable is able to moderate the relationship between operating capacity and financial distress with a significance of 10%. Leverage is able to weaken the relationship between firm size and asset tangibility to financial distress with a significance of 5%. Based on the results of the study, the advice given is to increase the company's assets and increase the proportion of ownership of tangibility assets in order to reduce the possibility of the company's financial distress. Further research is suggested to use ratio data scale measurement and not to use coding (dummy variable) in assessing financial distress so that research results are more accurate. In addition, it is recommended to conduct research on the company sector which has greater urgency than the consumer goods industry sector. For example, the finance or trade, services & investment sectors because in this study the consumer goods industry sector does not represent companies experiencing financial distress. This means that more companies are in a healthy condition than companies experiencing financial distress.

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