PENGARUH FAKTOR AKUNTANSI DAN NON AKUNTANSI TERHADAP PREDIKSI PERINGKAT OBLIGASI

Ike, Pitriani and Poppy Indriani, Faculty of Economic Binadarma University and andrian, noviardy (2016) PENGARUH FAKTOR AKUNTANSI DAN NON AKUNTANSI TERHADAP PREDIKSI PERINGKAT OBLIGASI. Seminar CGA, 1. ISSN 978-602-74335-0-2

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Abstract

Bond rating is something condition that should be considered before investors make an investment bond. This is because bond rating provides an informative statement and provide signals about the probability of failure of a company's debt. In a process of bond rating valuation, rating agent evaluate a company from many aspects, including financial and non financial factor. The purpose of this study was to determine the effect of liquidity ratio, leverage ratio, coverage ratio, cash flow to debt ratio, profitability ratio, bond maturity towards the bond rating from PT. PEFINDO in Indonesia Stock Exchange (IDX)2013-2014. This study used a non-participant observation method by analyzing financial statements and corporate bond data which published on the official website of the Stock Exchange (www.idx.co.id). The sample was 15 companies which are taken by purposive sampling method. The data analysis technique used is logistic regression. The results of this study indicate that leverage partially negative and significant, while simultaneously liquidity ratio, leverage ratio, coverage ratio, cash flow to debt ratio, profitability ratio, bond maturity significant effect impact on the ratings of bonds issued by PT. PEFINDO on the Indonesia Stock Exchange 2013-2014

Item Type: Article
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Humanities
Depositing User: Mr Andrian Noviardy
Date Deposited: 12 Aug 2016 00:54
Last Modified: 12 Aug 2016 00:54
URI: http://eprints.binadarma.ac.id/id/eprint/2973

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