Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal Berajah Journal
Novia Afifatur Rohmah
Universitas Negeri Islam Sayyid Ali Rahmatullah Tulungagung
Education Languange, Linguistic, Communication & Media Library & Information Science Social Sciences

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
THE INFLUENCE OF FINANCIAL RATIOS ON BOND RATINGS OF BANKING COMPANIES IN 2019-2023 Alindra Yanuardi; Novia Afifatur Rohmah
Berajah Journal Vol. 6 No. 3 (2026): Berajah Journal
Publisher : CV. Lafadz Jaya

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.47353/bj.v6i3.686

Abstract

The downgrade of bond ratings by PT PEFINDO amidst the COVID-19 outbreak was the driving force behind this study. It can be seen from the downgrade of the bond ratings of these companies, which indicates that the risk of default is increasing. Theoretically, several factors, including financial ratios, can influence bond ratings. The purpose of this study was to examine the impact of LDR, BOPO, ROA, and CAR on the bond ratings of banking companies assessed by PT PEFINDO from 2019 to 2023. The sampling technique used was purposive sampling. The data analysis method used was ordinal logistic regression analysis, performed using the SPSS 26 program. Based on the study's results, bond ratings were significantly influenced simultaneously by LDR, BOPO, ROA, and CAR. LDR has a positive and significant effect, and BOPO has a negative and significant effect. ROA and CAR do not have a significant effect on bond ratings.
Co-Authors Alindra Yanuardi