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Seandy Ginanjar

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Open access Jul 2026

Profitability Moderates The Effect Of Capital Structure On Financial Distress: A Trade-Off Perspective

This study examines the moderating role of profitability in the relationship between capital structure and financial distress from the perspective of trade-off theory. The sample comprises firms consistently included in the LQ45 Index during 2021–2024, with observations structured as firm-year panel data. Capital struc...

Seandy Ginanjar, Wawan Ichwanudin · 0 citations

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