Scholarlink

Success in corporate turnaround is a situation where the company is able to reverse the situation from a decline in the company's economic performance to an increase in economic performance. This research was conducted with the aim of finding out the influence of severity, asset retrenchment, downsizing and leverage on the success of corporate turnaround with profitability as a moderating variable in tourism sector companies listed on the Indonesia Stock Exchange for the 2019–2022 period. Testing in this research uses the SmartPLS program using the moderated regression analysis method. Based on the results of the bootstrapping test, it shows that severity and leverage have an effect on the success of the company's turnaround, while downsizing and asset retrenchment have no effect on the success of the company's turnaround. Based on the results of the bootstrapping test, profitability can moderate the influence of leverage on the success of a company's turnaround, while profitability cannot moderate the influence of severity, asset retrenchment and downsizing.

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

The Effect of Severity, Asset Retrenchment, Downsizing and Leverage on the Success of Corporate Turnaround with Profitability as a Moderating Variable

  • 章节

  • 发表日期：

    2025年

查看全文
  • Dwi Dewianawati,
  • Novi Darmayanti,
  • Sari Rahayu,
  • Erry Setiawan,
  • Dadang Purwo Ariwidodo,
  • Mohamad johan efendi,
  • Poppy Meilina Dian Hastuti

摘要

Success in corporate turnaround is a situation where the company is able to reverse the situation from a decline in the company's economic performance to an increase in economic performance. This research was conducted with the aim of finding out the influence of severity, asset retrenchment, downsizing and leverage on the success of corporate turnaround with profitability as a moderating variable in tourism sector companies listed on the Indonesia Stock Exchange for the 2019–2022 period. Testing in this research uses the SmartPLS program using the moderated regression analysis method. Based on the results of the bootstrapping test, it shows that severity and leverage have an effect on the success of the company's turnaround, while downsizing and asset retrenchment have no effect on the success of the company's turnaround. Based on the results of the bootstrapping test, profitability can moderate the influence of leverage on the success of a company's turnaround, while profitability cannot moderate the influence of severity, asset retrenchment and downsizing.