The Effect Of Gender Diversity And Profitability On Financial Distress

Nanda Minhatul Maula, Ade Banani, Najmudin Najmudin

Abstract


The purpose of this study is to determine the effect of gender diversity and profitability on financial distress in the consumergoods industry sector listed on the Indonesian Stock Exchange (IDX) over the period 2018-2021 using the Altman Z-Score model. The samples used in this study consisted of 60 research samples. The data analysis method used is logistic regression analysis.The results of this study simultaneously show that gender diversity and profitability variables have a significant impact onfinancial distress. In some cases, gender diversity has no impact on financial distress, but profitability has a significant impact onfinancial distress.

 

Keywords: Gender Diversity; Profitability; Financial Distress

 


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