ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PERINGKAT OBLIGASI
Abstract: Bond rating is
something that should be considered for investors and issuers before making a
decision on bond investment. Bond rating provides an informative statement and
signals about the probability of failur
of a company’s debt.
The purpose of this research is to providing emipical evidance on any
factors that possibly affect bond rating prediction. This study examines the
role of accounting data and non accounting data in predicting the accurance of
bond rating. The accounting data consist of firm size, liquidity,
profitability, leverage, productivity, retained earning, and growth. The non
accounting data consist of secure and maturity.
This research has 74 firms that are listed in PT PEFINDO from 2009 to
2012 except Bank and Financial Institution. Research hypothesis tested by
Logistic Regression. The finding of this research: 1) liquidity, profitability, leverage,
productivity, growth, secure and
maturity are insignificant variable to determine bond rating, and 2) firm size and retained earning are
significant variable to determined bond rating.
Penulis: Ratih Umroh
Mahfudhoh, Nur Cahyonowati
Kode Jurnal: jpakuntansidd140980
