Penyebab, Dampak, dan Prediksi dari Financial Distress serta Solusi untuk Mengatasi Financial Distress

Abstract

Financial distress is a condition that shows the stages of decline in the
company's financial condition that occurred prior to the bankruptcy or
liquidation (often called liquidation bankruptcy or closure of companies or
company insolvency) or the inability of companies to pay financial obligations
that have matured. Conditions of financial distress avoid by the company,
because it lead to bankruptcy if the management company can not afford to take
appropriate action to resolve existing financial problems. This paper will discuss
the causes, impact and how to make the prediction of financial distress, several
ways to predict, and the benefits of predicting financial distress as well as
solutions for management.