Pengaruh Struktur Modal, Ukuran Perusahaan dan Agency Cost Terhadap Financial Distress Pada Perusahaan Sub Sektor Otomotif Periode 2020-2024

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Published: Dec 7, 2025
Keywords:
Agency Cost, Capital Structure, Company Size, Financial Distress
Issue
Vol. 16 No. 06 (2025): December: Management Science
Section
Articles
Statistics Article
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Aldi Setiawan
Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis Universitas Potensi Utama
Ina Liswanty
Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis Universitas Potensi Utama
Emi Masyitah
Program Studi Akuntansi, Fakultas Ekonomi dan Bisnis Universitas Potensi Utama

Abstract

This study aims to determine the effect of capital structure, company size, and agency costs on financial distress in companies in the automotive sub-sector during the 2020-2024 period. This study employed quantitative research. Secondary data sources were used. The population consisted of 10 companies, with a sample size of 50. Data analysis techniques used included descriptive statistical analysis, classical assumption tests, hypothesis testing, and coefficient of determination tests. Based on the partial t-test results, it can be seen that capital structure does not significantly influence financial distress, with a calculated t-value of -1.174 < 2.012. Furthermore, company size does not have a positive and significant effect on financial distress, with a calculated t-value of -1.737 < 2.012. Agency costs do not have a positive and significant effect on financial distress, with a value of -1.737 < 2.012. Based on the simultaneous test, the calculated F value is 75.490 with a significance level of 0.000. If calculated F > F table, there is a significant influence between X1, X2, and X3 on Y.

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How to Cite
Setiawan, A., Liswanty, I., & Masyitah, E. (2025). Pengaruh Struktur Modal, Ukuran Perusahaan dan Agency Cost Terhadap Financial Distress Pada Perusahaan Sub Sektor Otomotif Periode 2020-2024. ProBisnis : Jurnal Manajemen, 16(06), 2067–2073. Retrieved from https://ejournal.joninstitute.org/index.php/ProBisnis/article/view/1267
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