Review of Management and Entrepreneurship
Vol 1 No 2 (2017): Review of Management and Entrepreneurship

Determinants of Corporate Bond Rating in Indonesia: Additional Evidence

Elok Sri Utami (University of Jember)
Diah Anitasari (University of Jember)
Tatok Endhiarto (University of Jember)



Article Info

Publish Date
12 Jul 2018

Abstract

This study examines the determinants of bond rating of companies in Indonesia. Four variables are examined, namely profitability ratio, liquidity ratio, solvency ratio, and activity ratio. The sample consists of 15 companies over the period of 2011-2014. It uses logistic regression analysis method to test the effect of the independent variables on the dependent variable. Results show that only liquidity ratio has significant influence on bond ratings. Profitability, solvency, and activity ratios are found not to be the significant determinants of the companies’ bond ratings.

Copyrights © 2017






Journal Info

Abbrev

rome

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of research that examines the theory and application of entrepreneurship, management, and business. Publishing one year is twice, in April and October, by Universitas Ciputra, Review of Management and Entrepreneurship aims to: Promote a comprehensive approach to entrepreneurship, management, ...