This study aims to explore the influencing factors of corporate financial
distress, taking Taiwan’s listed OTC companies as the research object, and
conducting research on companies that have experienced financial distress
from 2012 to 2022. Financial distress poses serious challenges to the stability
of businesses and the entire economic system, so a deep understanding of
their influencing factors is crucial. This study uses multiple regression
analysis, narrative statistics, Pearson correlation and ANOVA test methods
to comprehensively understand the impact of various financial indicators on
financial distress. Research results show that indicators such as asset size,
debt ratio, quick ratio, operating profit rate, total asset turnover, inventory
turnover rate, return on assets (ROA) and operating expense ratio have a
significant impact on the occurrence of financial distress.
