This study's goal is to investigate how leverage and liquidity ratios affect financial crisis, with sound corporate governance acting as a moderating factor. This study uses an associative technique and a quantitative approach. Secondary data from the financial statements of businesses listed between 2020 - 2024 on the IDX makes up the data utilized. The sample was chosen via purposeful sampling. Forty yearly financial reports were examined in this study. The data analysis included both moderated regression analysis and multiple linear regression. The results show that financial hardship is positively and significantly impacted by liquidity and leverage. The link between liquidity, leverage, and financial distress is not moderated by GCG (Independent Commissioners). Leverage and liquidity have a 16.8% impact on financial distress.
Inayatul Maula, Acep Komara· International Journal of Eco...· 0 citations
This study maps the intellectual evolution of educator work engagement research in Indonesia over the past decade (2014-2025) to critique the dominance of managerialistic perspectives. Using a Bibliometric-based Systematic Review approach, 57 reputable empirical journal articles were extracted from the Scopus database. Co-occurrence network analysis and thematic evolution mapping via RStudio and VOSviewer reveal a sharp structural fragmentation between teacher performance stressors and lecturer functional tensions. Qualitative synthesis identifies a three-phase evolutionary shift: from (1) normative operational compliance, (2) system justice prerequisites, toward (3) cross-sectoral innovation and mental well-being creation. Empirically, this study proves the existence of a managerial bias, where 63% of structural studies measure engagement purely for institutional accreditation targets, neglecting organic well-being preservation. This article proposes a Contextualized Engagement Evolution Model and formulates three moderated-mediation propositions for future research, recommending a recalibration of educational governance that not only demands innovative agility but also rehabilitates the psychological safety and spiritual meaning of educators.
