Pengaruh Expenses retrenchment, Free Assets, dan assets Retrenchment Terhadap Corporate Turnaround

Authors

  • Azira Annisa Nelya Gustina Universitas Jambi
  • Ratih Kusumastuti Universitas Jambi
  • Fitrini Mansur Universitas jambi

DOI:

10.33395/owner.v8i1.1894

Keywords:

assets retrenchment, Corporate Turnaround, Expenses Retrenchment, Financial distress, free assets

Abstract

This research examines the corporate turnaround that occurs in tourism, restaurant and hotel companies that are facing financial distress which are listed on the Indonesian stock exchange for the 2020-2022 period. This study aims to prove that  expenses retrenchment, free assets, and assets retrenchment affect the success of a corporate  turnaround. The entire sample used in this study was 60 samples after going through a purposive sampling sample selection process. Descriptive analysis and logistic regression analysis are the methods used in this study. The final results obtained from this research are that there is no effect of Expense Retrenchment and Free Assets on Corporate Turnaround and the effect of Asset Retrenchment on Corporate Turnaround.

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Published

2024-01-01

How to Cite

Gustina, A. A. N. ., Ratih Kusumastuti, & Fitrini Mansur. (2024). Pengaruh Expenses retrenchment, Free Assets, dan assets Retrenchment Terhadap Corporate Turnaround. Owner : Riset Dan Jurnal Akuntansi, 8(1), 12-21. https://doi.org/10.33395/owner.v8i1.1894