PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP FINANCIAL DISTRESS PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA (BEI) PERIODE 2013-2015

This study aims to examine the effect of the managerial ownership, institutional ownership, independent commissioner, and audit committee in predicting financial distress. The population of this study were manufacturing companies listed on the Indonesian Stock Exchange. Samples determined by using purposive sampling method, so there are 45 manufacturing companies. Testing the hypothesis using multiple regression analysis method with the help of SPSS Ver. 20. The test results showed that the first hypothesis (H1) until fourth hypothesis (H4) such as managerial ownership, institutional ownership, independent commissioner and audit committee, rejected. These results show conclusively that the corporate governance mechanism has not been able to be used to predict financial distress Keywords: financial distress, corporate governance, logistic regressio