Effect of Corporate Governance Mechanism and Operating Cash Flow on Financial Distress

This study aims to examine the effect of corporate governance mechanisms and operating cash flows on financial distress. The variable mechanism is measured through managerial ownership, institutional audit committee. Managerial ownership can reduce conflicts interest between principals agents, while committees are related increasing supervision over company management. So, a good avoid adequacy flow also greatly affects efficiency effectiveness company's operational activities. If has negative flow, it will hamper Companies experience uses data from manufacturing companies that have EBIT values ​​for two years three observation in 2017-2019 as research sample. SEM-PLS analysis tool answer proposed hypothesis. results showed committee had no significant distress negatively significantly greater value, smaller possibility experiencing Conversely,