PENGARUH LIKUIDITAS, WAKTU JATUH TEMPO, DAN KUPON TERHADAP PERUBAHAN HARGA OBLIGASI KORPORASI DI BEI
ABSTRACT: Companies in the
operations require a certain amount of funds to achieve goals. Sources of
funding needed one of which comes from long-term debt including bond debt.
Bondholders should pay attention to bond price change in investing in bonds.
Bond price change was influenced by liquidity, maturity and coupon, so the
purpose of this study was determine effect of liquidity, maturity and coupon to
corporate bond price change. The research was conducted on IDX. In this
research the data is secondary obtained from IDX, IBPA, and TICMI. The number
of samples is 57 bonds, using purposive sampling method. The analysis technique
applied was multiple linear regressions and processing of data using IBM SPSS
21.0 for windows. Based on the analysis, the conclusion are liquidity have
positive significant effect on bond price change. Maturities have negative
significant effect on bond price change. Coupons have positive significant
effect on bond price change.
KEYWORDS: bond price change;
liquidity; maturity; coupon
Penulis: Luh Putu Savitri
Karina Anandasari
Kode Jurnal: jpmanajemendd170134
