Macroeconomic Determinants of Financial Distress

dc.contributor.author	Dengah, Melisa Grasela Pricilia
dc.date.accessioned	2019-04-05T09:04:57Z
dc.date.available	2019-04-05T09:04:57Z
dc.date.issued	2018
dc.identifier.uri	http://repository.president.ac.id/xmlui/handle/123456789/111
dc.description.abstract	Financial Distress tends happened when nations were in economic crisis. Indonesia macroeconomic condition recovered since the economic crisis in 1998 and 2008. However, some firms were not recovered yet. This research integrate macroeconomic indicators and firms specific financial variables in describing financial distress. The macroeconomic indicators include inflation, interest rate, money supply, foreign exchange currency and GDP Growth. Three go public firms were analyzed by macroeconomic indicators. The result suggest that, macroeconomic indicators strongly related to firms financial distress, with 36% power to describe financial distress. The analysis was conducted after the three firms confirmed facing financial distress.	en_US
dc.language.iso	en_US	en_US
dc.publisher	President University	en_US
dc.relation.ispartofseries	Accounting;008201400061
dc.subject	Macroeconomic	en_US
dc.subject	Financial Distress	en_US
dc.subject	Sales	en_US
dc.subject	Working Capital	en_US
dc.subject	Net Income	en_US
dc.subject	Cash Flow Statement	en_US
dc.subject	Inflation	en_US
dc.subject	Interest Rate	en_US
dc.subject	GDP Growth	en_US
dc.subject	Money Supply	en_US
dc.subject	Foreign Exchange Currency	en_US
dc.title	Macroeconomic Determinants of Financial Distress	en_US
dc.type	Thesis	en_US