Andriani, Rebecca Devina (2025) The influence of firm size and sales growth towards financial distress. Bachelor thesis, Universitas Pelita Harapan.
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Abstract
Financial distress can be experienced by companies across all sectors,
including the food and beverage sub-sector in Indonesia, as listed on the Indonesia
Stock Exchange (IDX). The food and beverage industry in Indonesia has grown
rapidly, as evidenced by the increasing number of food and beverage companies
listed on the IDX. This growth has led to heightened competition within the
industry. To meet market demands, businesses need to develop infrastructure,
technology, and human resources. However, this intense competition can also
affect and destabilize a company’s financial performance. If a company’s
performance deteriorates and no specific measures are taken promptly, there is a
concern that the company may head toward bankruptcy. Some companies in the
food and beverage sector are experiencing financial distress.
For this study, The population used in this research is all food and
beverage sector companies listed on the Indonesian Stock Exchange. The
sampling technique used purposive sampling with the following criteria Food and
beverage sector companies that have been and are still listed on the Indonesia
Stock Exchange in 2018 to 2024. Food and beverage sector companies that
publish financial reports for the period 2018 to 2024. Food and beverage sector
companies that publish financial reports using Rupiah currency for the period
2018 to 2024.
The study shows that Firm Size, Sales Growth, Debt to Asset Ratio
(DAR), Return on Assets (ROA), Current Ratio (CR), and Firm Age all have a
significant impact on Financial Distress in Food and Beverage companies listed
on the Indonesia Stock Exchange, as each variable has a significance value below
0.05./Financial distress dapat dialami oleh perusahaan dari berbagai sektor,
termasuk sub-sektor makanan dan minuman di Indonesia yang terdaftar di Bursa
Efek Indonesia (BEI). Industri makanan dan minuman di Indonesia mengalami
pertumbuhan pesat, yang ditunjukkan dengan semakin banyaknya perusahaan
yang terdaftar di BEI. Pertumbuhan ini mendorong persaingan yang semakin
ketat. Untuk memenuhi kebutuhan pasar, perusahaan perlu mengembangkan
infrastruktur, teknologi, dan sumber daya manusia. Namun, persaingan yang
tinggi juga dapat memengaruhi dan mengguncang kinerja keuangan perusahaan.
Jika kinerja perusahaan menurun dan tidak segera diambil tindakan, maka
perusahaan berisiko mengalami kebangkrutan. Beberapa perusahaan di sektor ini
telah mengalami kondisi financial distress.
Penelitian ini menggunakan populasi seluruh perusahaan sektor makanan
dan minuman yang terdaftar di BEI. Teknik pengambilan sampel yang digunakan
adalah purposive sampling dengan kriteria: perusahaan makanan dan minuman
yang terdaftar dan masih tercatat di BEI pada tahun 2018 hingga 2024,
perusahaan yang menerbitkan laporan keuangan untuk periode tersebut, dan
yang menggunakan mata uang Rupiah dalam laporan keuangannya.
Hasil penelitian menunjukkan bahwa Ukuran Perusahaan, Pertumbuhan
Penjualan, Debt to Asset Ratio (DAR), Return on Assets (ROA), Current Ratio
(CR), dan Umur Perusahaan memiliki pengaruh signifikan terhadap Financial
Distress pada perusahaan makanan dan minuman yang terdaftar di BEI, dengan
nilai signifikansi masing-masing variabel di bawah 0,05.
Item Type: | Thesis (Bachelor) |
---|---|
Creators: | Creators NIM Email ORCID Andriani, Rebecca Devina NIM03012180016 rebecca.devina277@gmail.com UNSPECIFIED |
Contributors: | Contribution Contributors NIDN/NIDK Email Thesis advisor Tarigan, Louis Yosen Primsa NIDN0102068202 primsa.tarigan@uph.edu |
Uncontrolled Keywords: | Firm Size; Sales Growth; Financial Distress |
Subjects: | H Social Sciences > HF Commerce > HF5601 Accounting |
Depositing User: | Rebecca Devina Andriani |
Date Deposited: | 18 Jul 2025 03:44 |
Last Modified: | 18 Jul 2025 03:44 |
URI: | http://repository.uph.edu/id/eprint/69787 |