期刊名称：E-Jurnal Ekonomi dan Bisnis Universitas Udayana
出版年度：2021
卷号：10
期号：11
页码：981-990
DOI：10.24843/EEB.2021.v10.i11.p06
语种：Indonesian
出版社：E-Jurnal Ekonomi dan Bisnis Universitas Udayana
摘要：Financial distress is a condition of a company's financial decline which if left unceasing can lead to bankruptcy or liquidation. To minimize the occurrence of financial distress, one way that can be used is by implementing good corporate governance. This research aims to analyze the effect of managerial ownership, independent boards of commissioners, and audit committees on financial distress disclosure in Textile and Garment sub-sector companies listed on IDX 2013-2017. The sample in this research amounted to 10 companies selected using the purposive sampling method, with a study period of 5 years, obtained 50 samples. The results showed that simultaneous managerial ownership, independent boards of commissioners, and audit committees had a significant effect on financial distress. Partially managerial ownership and the independent board of commissioners have a significant negative effect on financial distress, while the audit committee has a significant positive effect on financial distress.
