Potentials Of Financial Distress Before And During Covid-19 Pandemic In Food And Beverage Companies Listed On The Indonesia Stock Exchange
Abstract
The study aims to determine the level of financial distress in food and beverage companies listed on the
Indonesia Stock Exchange (IDX) before and during the Covid-19 pandemic. The model used is the Zmijewski
and Springate models. The research used is comparative quantitative research. The samples taken are all food
and beverage companies in Indonesia listed on the Indonesia Stock Exchange (IDX) for the 2019 and 2020
period, which are 32 companies. The Bank's financial report data is taken through the IDX's official website,
namely https://www.idx.co.id. The expected results in this study are more food and beverage companies
experiencing financial distress during the Covid-19 pandemic than before the Covid-19 pandemic and there are
potential differences in financial distress before and during covid-19 in food and beverage companies.
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