The Impact of Political Stability, Profitability, and Liquidity on Financial Distress of Non-Bank State-owned Enterprises in Indonesia
Ilham Taufiqi & Sutrisno · Asian Journal of Economics, Business and Accounting · 2025
Political stability in a country can have an impact on state-owned companies because state-owned companies are often used as cash cows by politicians, which can cause financial distress in state-owned companies. Financial difficulties or financial distress in companies can be inf...
Open access
Research Article
10.9734/ajeba/2025/v25i51822