Financial Distress Prediction in Indonesian Infrastructure Companies Using the Cox Proportional Hazard Model
This study investigates the determinants of financial distress in infrastructure companies listed on the Indonesia Stock Exchange (IDX) during 2020–2024 using survival analysis with the Cox proportional hazard model. The analysis focuses on five firm-level indicators: leverage, profitability, firm size, free cash flow, and sales growth. Survival time until financial distress and event status were […]