| dc.description.abstract | This study aimed to determine the influence of good corporate governance, firm size, and sales growth on the company financial distress. The type of study is an empirical study conducted on Go Public Companies listed in Indonesia Stock Exchange. The research sample was taken by a purposive sampling with the following criteria: (1) Mining companies, (2) listed in Indonesia Stock Exchange for the period 2015 – 2017, (3) Audited annual financial reports that can be accessed directly during 2015-2017, thus it was obtained 20 companies. The data used in this study collected from the audited annual financial statements of the sample company. Data analysis methods to test the hypotheses were multiple regression method. The result of this study are as follow: (1) Managerial ownership has a positive significant influence on the financial distress. It proved that, the greater managerial ownership, the greater financial distress, (2) Institutional ownership has a positive significant influence on the financial distress. It proved that, the greater institutional ownership, the greater financial distress, (3) Audit committee had no influence towards financial distress. It proved that, the greater or the smaller total audit committee, it will not affect the condition of financial distress, (4) Independent commissioner board had a significant influence towards financial distress. It proved that, rate the higher proportion of independent commissioners will be very influential to the lower the probability a company experiences financial distress, (5) Firm size had no influence towards financial distress. It proved that, the big company or newly developing of the company, it will not affect the condition of financial distress (6) Sales growth had no influence towards financial distress. It proved that, the amount of sales growth will not affect the conditions of financial distress. | en_US |
