Pengaruh Penerapan Good Corporate Governance dan Solvabilitas Terhadap Peringkat Obligasi Pada Industri Perbankan

Authors

  • Tati Saromah Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya
  • Choiroel Woestho Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya

DOI:

https://doi.org/10.31599/c8nfx214

Keywords:

Good Corporate Governance, Solvency Ratio, and Bond Ratings

Abstract

This research was conducted to determine how the effect of the implementation of good corporate governance and solvency on bond ratings. This research is conducted because there is still little research on the prediction of bond ratings in Indonesia. This is due to the limited data on bonds and investors' understanding of bonds. The purpose of this study are to determine the partial and simultaneous effect of good corporate governance and solvency on bond ratings in the banking industry in 2007-2015. The research analysis method used in this research is Multiple Discriminant Analysis (MDA) which consists of classical assumption tests, multiple linear regression tests, and hypothesis testing. This type of research is quantitative using secondary data and the sampling technique used is purposive sampling. The results in this study are partially Good Corporate Governance (X1) has a significant positive effect on bond ratings (Y), and Solvency (X2) has no effect on bond ratings (Y), as well as simultaneously Good Corporate Governance (X1) and Solvency (X2). ) has a significant effect on bond ratings (Y).

Downloads

Download data is not yet available.

Author Biographies

  • Tati Saromah , Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya

    Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya

  • Choiroel Woestho, Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya

    Fakultas Ekonomi dan Bisnis; Universitas Bhayangkara Jakarta Raya

References

Amalia, N. (2013). Pemeringkatan Obligasi Pt Pefindo : Berdasarkan Informasi Keuangan. Accounting Analysis Journal, 2(2). https://doi.org/10.15294/aaj.v2i2.2879

Bhagat, S., & Bolton, B. (2019). Corporate governance and firm performance: The sequel. Journal of Corporate Finance, 58, 142–168. https://doi.org/10.1016/j.jcorpfin.2019.04.006

Bornok Situmorang. (2017). Pengaruh Peringkat Obligasi, Debt to Equity Ratio, dan Ukuran Perusahaan Terhadap Yield To Maturity Obligasi Dengan Tingkat Suku Bunga SBI Sebagai Variabel Moderating (2010-2013). Jurnal Terapan Manajemen Dan Bisnis, January 2018.

Damayanti, E. W., & Fitriyah, F. (2013). Pengaruh Corporate Governance Dan Rasio Akuntansi Terhadap Peringkat Obligasi. Iqtishoduna. https://doi.org/10.18860/iq.v0i0.2281

Hidayat, W. W. (2018). Pengaruh Leverage Dan Likuiditas Terhadap Peringkat Obligasi. Jurnal Riset Manajemen Dan Bisnis (JRMB) Fakultas Ekonomi UNIAT, 3(3), 387–394. https://doi.org/10.36226/jrmb.v3i3.155

Janiman, J., Burhanudin, M., & Yulianto, A. (2017). Peringkat Obligasi Ditinjau dari Produktivitas dan Penerapan Corporate Governance Perception Index (CGPI). Jurnal Kajian Akuntansi, 1(2), 172–183. https://doi.org/10.33603/jka.v1i2.765

Ningsih, S., & Sari, S. P. (2019). ANALYSIS OF THE EFFECT OF LIQUIDITY RATIOS, SOLVABILITY RATIOS AND PROFITABILITY RATIOS ON FIRM VALUE IN GO PUBLIC COMPANIES IN THE AUTOMOTIVE AND COMPONENT SECTORS. International Journal of Economics, Business and Accounting Research, 3(4), 351–359.

Pramono, C., & Irawan. (2017). Analisis Faktor-Faktor Harga Obligasi Perusahaan Keuangan Di Bursa Efek Indonesia. Jurnal Akuntansi Bisnis Dan Publik, 8(1), 62–78.

Sari, I. K., & Yasa, G. W. (2016). Pengaruh Penerapan Good Corporate Governance, Profitabilitas dan Likuiditas terhadap Peringkat Obligasi. Journal of Chemical Information and Modeling, 53(9), 1689–1699.

Sitorus, T. (2015). Pasar Obligasi Indonesia : Teori dan Praktik. PT RajaGrafindo Persada.

Sunarjanto, N., & Tulasi, D. (2013). Kemampuan Rasio Keuangan Dan Corporate Governance Memprediksi Peringkat Obligasi Pada Perusahaan Consumer Goods. Jurnal Keuangan Dan Perbankan, 17(2), 230–242.

Titisari, K. H., Winanti, E., & Nurlaela, S. (2017). Pengaruh Rasiolikuiditas, Rasio Produktivitas, Rasio Profitabilitas, Dan Rasio Solvabilitas Terhadap Peringkat Sukuk. Jurnal Akuntansi Dan Pajak, 18(01), 130–139. https://doi.org/10.29040/jap.v18i01.90

Downloads

Published

2024-05-14

How to Cite

Pengaruh Penerapan Good Corporate Governance dan Solvabilitas Terhadap Peringkat Obligasi Pada Industri Perbankan. (2024). Jurnal Kajian Ilmiah, 21(4), 391-400. https://doi.org/10.31599/c8nfx214