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Kiki Akbar Rizki
Universitas Mahasaraswati Denpasar

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PENGARUH MANAJEMEN LABA, RASIO KEUANGAN DAN MEKANISME CORPORATE GOVERNANCE TERHADAP PERINGKAT OBLIGASI Kiki Akbar Rizki; Agus Wahyudi Salasa Gama; Ni Putu Yeni Astiti
Forum Manajemen STIMI Handayani Denpasar Vol 16 No 2 (2018): Jurnal STIMI Vol. 16 No. 2 - 2018
Publisher : Forum Manajemen STIMI Handayani Denpasar

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Abstract

Bond rating is a transferable medium-term debt that contains a promisefrom the issuing party to pay the interest at a specified period and settle the debtprincipal at a predetermined time to the bond buyer. This study aims to re-examinethe influence of earnings management, financial ratios, and corporate governancemechanisms on bond ratings. The sample in this study are 10 financial and nonfinancial companies listed on Indonesia Stock Exchange for period 2013-2016.Research sample determination is using purposive sampling method. Research datawas analyzed by using logistic regression analysis. The results showed that earningsmanagement does not affect the bonds rating which shown with a significance value of 0.284. The financial ratios also has no effect on bond’s rating which is shown with a significance value of 0.856. And corporate governance also has no significanteffect on bonds rating with significance level of 0.885.
PENGARUH MANAJEMEN LABA, RASIO KEUANGAN DAN MEKANISME CORPORATE GOVERNANCE TERHADAP PERINGKAT OBLIGASI: PENGARUH MANAJEMEN LABA, RASIO KEUANGAN DAN MEKANISME CORPORATE GOVERNANCE TERHADAP PERINGKAT OBLIGASI Kiki Akbar Rizki; Agus Wahyudi Salasa Gama; Ni Putu Yeni Astiti
Forum Manajemen Vol 16 No 2 (2018): Jurnal STIMI Vol. 16 No. 2 - 2018
Publisher : STIMI Handayani Denpasar

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.61938/fm.v16i2.264

Abstract

Bond rating is a transferable medium-term debt that contains a promisefrom the issuing party to pay the interest at a specified period and settle the debtprincipal at a predetermined time to the bond buyer. This study aims to re-examinethe influence of earnings management, financial ratios, and corporate governancemechanisms on bond ratings. The sample in this study are 10 financial and nonfinancial companies listed on Indonesia Stock Exchange for period 2013-2016.Research sample determination is using purposive sampling method. Research datawas analyzed by using logistic regression analysis. The results showed that earningsmanagement does not affect the bonds rating which shown with a significance value of 0.284. The financial ratios also has no effect on bond’s rating which is shown with a significance value of 0.856. And corporate governance also has no significanteffect on bonds rating with significance level of 0.885.