总结: | This research aims to examine the influence of Corporate Governance of
corporate bond ratings. Corporate Governance is measured by the size of the board
of commissioners, the proportion of independent commissioners, the proportion of
blockholding�s share, managerial ownership, and audit committee expertise toward
the company's bond rating that listed on Indonesia Stock Exchange period 2008-2012
with the leverage and return on asset (ROA) as a controlling variable. The bond
rating uses credit ratings that issued by Pemeringkat Efek Indonesia (Pefindo).
Sample uses company�s bond listed on the Indonesia Stock Exchange (IDX) with
periods of observation 2008, 2009, 2010, and 2011. Sample selection uses Purposive
Sampling method. Using Ordinary Least Square (OLS), the research results that
board of commissioner�s size and managerial ownership have significantly influence
to corporate bond ratings.
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