v ABSTRAK
Fakultas Ekonomi dan Bisnis Program Studi S-1 Manajemen (2019)
Faizatullail 120.2015.055
Pengaruh Rasio Likuiditas, Rasio Leverage, Rasio Profitabilitas, Rasio Aktivitas, dan Tingkat Suku Bunga Terhadap Financial Distress Serta Tinjauannya Dari Sudut Pandang Islam
145 + xvi halaman, 13 tabel, 2 gambar, dan 11 lampiran
Penelitian ini bertujuan untuk menganalisis pengaruh rasio likuiditas, rasio leverage, rasio profitabilitas, rasio aktivitas, dan tingkat suku bunga terhadap financial distress. Penelitian ini menggunakan metode regresi logistik. Populasi dalam penelitian ini perusahaan manufaktur sektor aneka industi yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2010-2017. Sedangkan sampel dalam penelitian ini ditentukan dengan purposive sampling sehingga diperoleh 21 perusahaan dengan jumlah 168 data. Data dianalisis dengan regresi logistik menggunakan perangkat lunak SPSS versi 25. Hasil penelitian menunjukkan bahwa secara simultan rasio likuiditas, rasio leverage, rasio profitabilitas, rasio aktivitas, dan tingkat suku bunga memiliki pengaruh signifikan terhadap financial distress.
Selanjutnya secara parsial rasio likuiditas dan rasio leverage memiliki pengaruh positif dan signifikan terhadap financial distress. Rasio profitabilitas memiliki hubungan negatif dan tidak signifikan terhadap financial distress. Rasio aktivitas mempunyai pengaruh negatif dan signifikan terhadap financial distress. Dan tingkat suku bunga memiliki hubungan positif dan signifikan terhadap financial distress. Serta secara keseluruhan dalam perspektif islam bahwa rasio likuiditas, rasio leverage, rasio profitabilitas, rasio aktivitas, dan tingkat suku bunga terhadap financial distress sudah memenuhi syariat islam secara menyeluruh dalam setiap variabel yang mendukung sebagaimana yang tertuang dalam Al-Qur’an dan Hadits.
Kata kunci : Rasio likuiditas, rasio leverage, rasio profitabilitas, rasio aktivitas, tingkat suku bunga, financial distress.
vi ABSTRACT
Faculty of Economy and Business S-1 of Management Major
(2019) Faizatullail
120.2015.055
The Effect Of Liquidity Ratio, Leverage Ratio, Profitability Ratio, Activity Ratio, and Interest Rates on Financial Distress and Reviewed by the Viewpoint of Islam
145 + xvi pages, 13 tables, 2 pictures, and 11 enclosures
This study aims to analyze the effect of liquidity ratio, leverage ratio, profitability ratio, activity ratio, and interest rates on financial distress. This research uses quantitative descriptive method. The population in this study were various industries manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2010-2017. While the sample in this study was determined by purposive sampling to obtain 21 companies with a total of 168 data. Data were analyzed by logistic regression using SPSS version 25 software. The result showed that variable liquidity ratio, leverage ratio, profitability ratio, activity ratio, and interest rates simultaneously effect on financial distress. Furthermore, the partially, liquidity ratio and leverage ratio had a positive effect on financial distress. Profitability ratio has a negative and not significant relationship to financial distress. The activity ratio has a negative effect and is significant for financial distress. And interest rates have a positive and significant relationship to financial distress. As well as overall in the Islamic perspective that liquidity ratio, leverage ratio, profitability ratio, activity ratio, and interest rates have not fulfilled the Islamic Shari’a as a whole in e very supporting variable as stated in the Qur’an and Hadith.
Keywords : Liquidity Ratio, Leverage Ratio, Profitability Ratio, Activity Ratio, Interest Rates, Financial Distress.
