Articles | 2026-02-28

Determinants of Financial Distress of Property and Real Estate Companies

Yusuf Abdullah, Jubaedah Nawir, Sri Mulyantini
Quantitative Economics and Management Studies, Vol. 7 No. 1 (2026) https://doi.org/10.35877/454RI.qems4474 Published: 2026-02-28
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Abstract

This study was conducted with the aim of determining the influence of interest rates, inflation, exchange rates, profitability, liquidity, activity, leverage, and company size on the financial distress of property and real estate companies. The population in this study is 35 property and real estate companies listed on the Indonesia Stock Exchange. The sampling method in this study used full sampling, the period of 2019-2023, and a total of 135 observations. The data analysis technique uses the panel data regression method processed using Eviews 13. The results of the study are as follows: (1) Interest rates have a positive effect on financial distress, (2) Inflation has no effect on financial distress, (3) Exchange rate has a negative effect on financial distress, (4) Profitability has a positive effect on financial distress, (5) Liquidity has a positive effect on financial distress, (6) Activity has no effect on financial distress, (7) Leverage has no effect on financial distress, (8) The size of the company has no effect on financial distress.

Keywords

Interest Rate, Inflation, Exchange Rate, Profitability, Liquidity, Activity, Leverage, Company Size, and Financial Distress

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How to Cite

Abdullah, Y., Nawir, J., & Mulyantini, S. (2026). Determinants of Financial Distress of Property and Real Estate Companies. Quantitative Economics and Management Studies, 7(1). https://doi.org/10.35877/454RI.qems4474

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