The Effect of Liquidity, Leverage, Profitability, and Company Size on Bond Ratings in Banking Sector Companies in Indonesia 2017- 2020
Journal Title: Journal of Economics, Finance and Management Studies - Year 2023, Vol 6, Issue 07
Abstract
This study aims to detect empirical evidence regarding the effect of Liquidity, Leverage, Profitability and Company Size on bond ratings. The population in this study is banking companies listed on the Indonesia Stock Exchange in the period 2017- 2020. The sampling method used was purposive sampling and the data used are secondary data in the form of the annual financial ratios. 13 banking companies that met the criteria were sampled. The data analysis method used is panel data regression analysis. Panel regression analysis model used is the Common Effect model. The results showed that Liquidity had a negative and significant effect on bond ratings, Leverage had a negative and not significant effect on bond ratings, Profitability and Company Size had a positive and significant effect on bond ratings.
Authors and Affiliations
Vini Citra Mentari Purba, Andam Dewi Syarif
Keywords
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- EP ID EP727227
- DOI 10.47191/jefms/v6-i7-35
- Views 18
- Downloads 0
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