Faktor-Faktor yang Mempengaruhi Peringkat Obligasi pada Perusahaan Perbankan yang Diperingkat oleh Pefindo Tahun 2014-2017

This study aims to determine the factors that can influence bond rating. Bond rating is a dependent variable while leverage, liquidity, profitability and company growth are independent variables. The population of this study is a company that issues bonds that are rated by PT. Pefindo. The criteria used in this study is to use the period 2014-2017. The method in this study uses secondary data and there are 118 samples from 38 companies rated by PT. Pefindo. Data were analyzed using SPSS version 21 software and analysis techniques to test hypotheses using ordinal logistic regression. The results of this study describe that leverage and liquidity have a significant negative effect on bond ratings. Meanwhile, profitability and company growth have no effect on bond ratings. Keywords :Bond Rating, Leverage, Liquidity, Profitability, andGrowth