PENGARUH PROFITABILITAS, INTEREST COVERAGE RATIO, RETAINED EARNING, DAN PERTUMBUHAN PERUSAHAAN TERHADAP PERINGKAT OBLIGASI PADA PERUSAHAAN NON KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2012-2014
Abstract: The aim of this
study is to examine the influence of profitability, interest coverage ratio,
retained earning, and growth to bond ratings on non-financial companies listed
in Indonesia stock exchange based on the information from the annual financial
statement, Indonesia capital market directory, and Indonesia bond market
directory with observation ranging from 2012 until 2014. The study type used in
this study is hypothesis testing.
The type of data used is secondary data. The study employed logistic
regression analysis on a targeted population of 25 non-financial companies
listed on the Indonesia Stock Exchange. The statistical tools used were SPSS
(PASW Statistics) 18.0 version.
The results shows that financial information regarding to the companies’
profitability (ROA and ROE) has positive influence to bond ratings, interest
coverage ratio has positive influence to bond ratings. Then, retained earning has
positive influence to bond ratings, while growth has negative influence to bond
ratings. Simultaneously, all of the independent variables has influence the
bond ratings.
Penulis: Teuku Muhammad
Syawal, Fachrizal
Kode Jurnal: jpakuntansidd160712
