FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012
Investment decision is determined by the quality of the instrument. The quality of Bond as investment instrument is reflected through its rating since it provides signal and information related to the default risk. Bond rating is determined by many factors. Previous researches have shown different c...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Department of Management, Faculty of Economics and Business, Universitas Surabaya
2014-03-01
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| Series: | Manajemen dan Bisnis |
| Subjects: | |
| Online Access: | https://www.journalmabis.org/mabis/article/view/235 |
| _version_ | 1797937837301039104 |
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| author | Felix . Agus Zainul Arifin |
| author_facet | Felix . Agus Zainul Arifin |
| author_sort | Felix . |
| collection | DOAJ |
| description | Investment decision is determined by the quality of the instrument. The quality of Bond as investment instrument is reflected through its rating since it provides signal and information related to the default risk. Bond rating is determined by many factors. Previous researches have shown different conclusion on which factors influence it, therefore further research is needed to be conducted to determine which factors affect it most. The objective of this research is to explain the influence of fundamental factors to the bonds rating listed in Indonesia Bond Market Directory 2008 – 2012,rated by Pefindo. The samples were tested by the Logistic Regression (Stepwise - Backward). The research concluded that only Retained Earnings, Leverage, and Guarantee have effect on the Bonds Rating. |
| first_indexed | 2024-04-10T18:51:36Z |
| format | Article |
| id | doaj.art-8f0f9ecedb644f8a969b0bfeb4a0b17a |
| institution | Directory Open Access Journal |
| issn | 1412-3789 2477-1783 |
| language | English |
| last_indexed | 2024-04-10T18:51:36Z |
| publishDate | 2014-03-01 |
| publisher | Department of Management, Faculty of Economics and Business, Universitas Surabaya |
| record_format | Article |
| series | Manajemen dan Bisnis |
| spelling | doaj.art-8f0f9ecedb644f8a969b0bfeb4a0b17a2023-02-01T07:29:33ZengDepartment of Management, Faculty of Economics and Business, Universitas SurabayaManajemen dan Bisnis1412-37892477-17832014-03-0113110.24123/jmb.v13i1.235198FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012Felix .0Agus Zainul Arifin1Magister Management, Tarumanagara UniversityMagister Management, Tarumanagara UniversityInvestment decision is determined by the quality of the instrument. The quality of Bond as investment instrument is reflected through its rating since it provides signal and information related to the default risk. Bond rating is determined by many factors. Previous researches have shown different conclusion on which factors influence it, therefore further research is needed to be conducted to determine which factors affect it most. The objective of this research is to explain the influence of fundamental factors to the bonds rating listed in Indonesia Bond Market Directory 2008 – 2012,rated by Pefindo. The samples were tested by the Logistic Regression (Stepwise - Backward). The research concluded that only Retained Earnings, Leverage, and Guarantee have effect on the Bonds Rating.https://www.journalmabis.org/mabis/article/view/235bonds rating, fundamental factors, leverage |
| spellingShingle | Felix . Agus Zainul Arifin FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 Manajemen dan Bisnis bonds rating, fundamental factors, leverage |
| title | FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 |
| title_full | FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 |
| title_fullStr | FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 |
| title_full_unstemmed | FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 |
| title_short | FUNDAMENTAL FACTORS OF BOND RATING REGISTERED IN INDONESIA BOND MARKET DIRECTORY 2008-2012 |
| title_sort | fundamental factors of bond rating registered in indonesia bond market directory 2008 2012 |
| topic | bonds rating, fundamental factors, leverage |
| url | https://www.journalmabis.org/mabis/article/view/235 |
| work_keys_str_mv | AT felix fundamentalfactorsofbondratingregisteredinindonesiabondmarketdirectory20082012 AT aguszainularifin fundamentalfactorsofbondratingregisteredinindonesiabondmarketdirectory20082012 |