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

Azira Annisa Nelya  Gustina; Ratih Kusumastuti; Fitrini Mansur

doi:10.33395/owner.v8i1.1894

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.

Downloads

Download data is not yet available.

Plum-X Analityc

References

Animah. 2017. “Determinant Corporate Turnaround.” Jurnal Aplikasi Akuntansi 2(1): 1–21.

Arianto, Bambang. 2021. “Dampak Pandemi COVID-19 Terhadap Perekonomian Dunia.” Jurnal Ekonomi Perjuangan 2(2): 106–26.

Chetta, Ryan, and Khomsiyah. 2022. “Keberhasilan Corporate Turnaround Pada Perusahaan Yang Mengalami Financial Distress Di Masa Pandemi COVID-19.” Owner: Riset & Jurnal Akuntansi 6(4): 3379–88.

Darmayanti, Novi, Nawari Nawari, and Egidia Demmy Andini. 2021. “Pengaruh Severity, Free Asset Dan Downsizing Terhadap Keberhasilan Turnaround Pada Perusahaan Yang Mengalami Financial Distress (Studi Empiris Pada Perusahaan Sektor Consumer And Goods Yang Terdaftar Di Bursa Efek Indonesia Periode 2014-2018).” EKONIKA Jurnal Ekonomi Universitas Kadiri 6(1): 31.

Febrianti, Fauzia, and Agung Juliarto. 2022. “Pengaruh Ukuran Perusahaan, Severity, Dan Assets Retrenchment Terhadap Keberhasilan Corporate Turnaround.” diponegoro journal of acconting 11: 1–8.

Firdaus, Lorenzo. 2019a. “Pengaruh Asset Retrenchment, Expenses Retrenchment, CEO Turnover, Dan Ukuran Perusahaan Terhadap Corporate Turnaround (Studi Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun2012-2017).” Progress in Retinal and Eye Research 561(3): S2–3.

Fitriawati, Roza, Suratno, and Syahril Djaddang. 2019. “Pengaruh Komite Audit Independen Dan Ceo Turnover Atas Determinan Terhadap Corporate Turnaround.” (2).

Francis, John D., and Ashay B. Desai. 2005. “Situational and Organizational Determinants of Turnaround.” Management Decision 43(9): 1203–24.

Ghozali, Imam. 2016. Aplikasi Analisis Multivariete Dengan Program SPSS. 8th ed. Semarang: Badan Penerbit Universitas Diponegoro.

Gumanti, Tatang. 2012. “Teori Sinyal Dalam Manajemen Keuangan Oleh: Tatang A Gumanti.” Manajemen Usahawan Indonesia 38(December 2014): 0–29.

Mailangkay, Ferdinand, Marjam Mangantar, and Joy Tulung. 2021. “Reaksi Pasar Modal Terhadap Penerapan Kebijakan PSBB Pada Industri Perhotelan Yang Terdaftar Di Bursa Efek Indonesia.” Jurnal EMBA 9(3): 640–47.

Martini, Ni Nyoman Putu, Hana Erinda Nur Avif, and Ahmad Izzudin. 2021. “Determinan Turnaround Pada Perusahaan Yang Mengalami Financial Distress Sektor Perdagangan, Jasa, Dan Investasi Yang Terdaftar Di Bursa Efek Indonesia ….” Jurnal Edueco Unibersitas Balikpapan 4(2): 88–100.

Nasution, Dito Aditia Darma, Erlina Erlina, and Iskandar Muda. 2020. “Dampak Pandemi COVID-19 Terhadap Perekonomian Indonesia.” Jurnal Benefita 5(2): 212.

Prof.Dr.Sugiono. 2012. Metode Penelitian Bisnis. 16th ed. Bandung: ALVABETA.

Schmuck, Martin. 2012. Financial Distress and Corporate Turnaround. Munchen,Germany: Spinger Gabler.

Sekaran, Umar, and Roger Bougie. 2017. Metode Penelitian Untuk Bisnis. 6th ed. jakarta: salemba emapat.

Smith, Malcolm, and Christopher Graves. 2005. “Corporate Turnaround and Financial Distress.” Managerial Auditing Journal 20(3): 304–20.

Smuch, Martin. 2019. Financial Distress and Corporate Turnaround.

Wulandari, Nur, and Barbara Gunawan. 2016. “Analisis Determinan Keberhasilan Turnaround Pada Perusahaan Yang Mengalami Kondisi Financial Distress.” Ekspansi: Jurnal Ekonomi, Keuangan, Perbankan dan Akuntansi 8(2): 173–86.

Yuniastuti, Tika. 2018. “Analisis Keberhasilan Corporate Turnaround pada Saat Financial Distress ( Studi Pada Perusahaan Sektoral Non Keuangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2014 - 2017 ) Oleh?: ANALISIS KEBERHASILAN CORPORATE TURNAROUND PADA SAAT FINANCIAL DISTRE.” Universitas Muhammadiyah Surakarta.