The Risks of Financial Distress: Investigating the Effects of Liquidity, Leverage, and Profitability on the Transportation and Logistics Industry in Indonesia
This study aims to analyze the impact of liquidity and leverage on profitability and the risk of financial distress, specifically evaluating profitability as a mediating variable within Indonesian transportation and logistics (T&L) companies. Using data from 28 T&L companies listed on the Indonesia Stock Exchange, the...