JRMSI - Jurnal Riset Manajemen Sains Indonesia
Vol 2 No 2 (2011): Jurnal Riset Manajemen Sains Indonesia

PENGARUH BOND RATING TERHADAP IMBAL HASIL SAHAM DI BURSA EFEK INDONESIA

Gatot Nazir Ahmad (Fakultas Ekonomi Unversitas Negeri Jakarta)
Mohammad Zakaria (Fakultas Ekonomi Unversitas Negeri Jakarta)

Article Info

Publish Date
08 Apr 2017

Abstract

The purpose of this study is to determine the effect of bond rating on stock returns. Sample of this study covers 20 firms listed on Indonesia Stock Exchange. The research period is from 2006 until 2008. Controlling for systematic risk, earning per share and liquidity, the result show that bond rating has insignificant effect on stock returns. This suggests the bond rating announcement has no news to the investor. Further, contrast to the theory, the coefficient of bond rating is positive meaning the higher risk the low return and vice versa. Keywords : Bond Rating, Stock Return, Liquidity

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Journal Info
JRMSI - Jurnal Riset Manajemen Sains Indonesia
Website

Abbrev

jrmsi

Publisher

Universitas Negeri Jakarta

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Riset Manajemen Sains Indonesia: JRMSI published since 2010. Registred with code of E-ISSN 2301-8313. JRMSI contains article related to the field of management, including financial management, marketing management, human resource management, strategic management, operations management, and ...