Article Per Year (5 Year)
p-Index From 2019 - 2024
0
P-Index
This Author published in this journals
All Journal Jurnal Keuangan dan Perbankan Economic Education Analysis Journal
Septi Diana Sari, Septi Diana
Unknown Affiliation
Economics, Econometrics & Finance Education Other

Published : 3 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : Jurnal Keuangan dan Perbankan

 1 
PREDIKSI PERINGKAT OBLIGASI DENGAN CORPORATE GOVERNANCE PERCEPTION INDEX (CGPI) DAN KARAKTERISTIK OBLIGASI Gunarsih, Tri; Prasasti, Ponco Adityia; Sari, Septi Diana
Jurnal Keuangan dan Perbankan Vol 19, No 1 (2015): January 2015
Publisher : University of Merdeka Malang

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (275.017 KB) | DOI: 10.26905/jkdp.v19i1.832

Abstract

The objective of this study was to predict the impact of Corporate Governance Perception Index (CGPI) andBond Characteristics to Bond Rating by using the ordinal logistic regression. This regression was used sincethe dependent variable was ordinal data, consisting of three groups. The CGPI issued by Indonesian Instituteof Corporate Governance (IICG) was a score from 0 to 100 while the characteristics of the bond consisted ofthree variables, namely subordinated bonds, industry type and the maturity of the bond. The results of thisstudy indicated that scores of CGPI, subordinated bonds and the type of the industry were statistically significantat ?5%while the maturity of the bond was not. The positive direction of the relationship between scores ofCGPI to bond rating suggested that the higher the score, the higher the rating. The negative sign of subordinatedbonds suggested that subordinated bonds had a rating lower than non-subordinated bonds. The lastsignificant variables, type of industry suggested that financial and utility industry had higher bond ratingfrom other industries.
Co-Authors Amin Pujiati Prasasti, Ponco Adityia Tri Gunarsih