ABSTRACT: In the current condition of the covid pandemic, various industries are affected by severe financial difficulties due to the failure of the established business strategy. One of the industries affected is the construction and building industry, where several companies have already declared fantastic losses. Referring to this, the author tried to conduct research related to the structure of capital, Liquidity, and the company’s performance to financial distress by adding variables of moderation of the frequency of audit committee meetings as moderation and agency theory as a reference the view. The sample studied was 17 construction and building companies for the period 2018-2020. The method used is the regression of panel data processed using the Eviews application. The result of this study is that the capital structure has no positive effect on financial distress, Liquidity does not negatively affectfinancial distress. Sending profitability negatively affects financialdistress. In comparison, the variable moderationof the audit committee’s effectiveness does not involve independent variables to financial distress. This explains why limiting the number of committee meetings audited does not affect the financial problems of the committee members.

Keywords: Profitability, Liquidity, Capital Structure, Capital Structure, Altman Z Score, financially stressed, agency theory, audit committee, frequency of audit committee meetings.