Pengaruh Manajemen Laba Dan Rasio Keuangan Terhadap Peringkat Obligasi Pada PT Pefindo

ABSTRACTThe purpose of this study is to determine whether there is an influence between earnings management and financial rations on bond ratings at PT Pefindo. The subject of this research is the company listed on the Stock Exchange and registered in Indosesia PT. PEFINDO years 2008-2011. The sample purposive sampling method, in order to obtain 11 companies that meet the criteria. The data used are secondary data from financial reports and bond rating database PT. PEFINDO, while data analysis using logistic regression analysis.The results showed that earnings management and liquidity ratio affect the bond rating. Whereas the activity ratio, the ratio of market value has no effect on bond ratings.Keywords : Earnings Management, Financial Ratios and Bond Rating