THE INFLUENCE OF GOOD CORPORATE GOVERNANCE, LEVERAGE, AND SUBSIDIES ON FINANCIAL DISTRESS
Keywords:
GCG, leverage, subsidy, financial distress, SOEsAbstract
The purpose of this study was to examine the effect of the board of directors, board of commissioners, audit committee, leverage, and subsidies on financial distress in SOEs. This study used data from 2020-2022 with a total sample of 69 which were analyzed using multiple linear. The test results show that the board of directors, leverage and subsidies have a negative effect on financial distress, while the board of commissioners, auditcommittee and leverage have a positive effect on financial distress.