Jurnal Ekonomi, Manajemen, Akuntansi
Vol. 1 No. 2: Juni 2022

Pengaruh Profitabilitas, Likuiditas, Leverage Terhadap Yield Obligasi Syariah dengan Rating Obligasi Syariah sebagai Intervening

Titin Hartini (Universitas Islam Negeri Raden Fatah Palembang)
Sri Delasmi Jayanti (Universitas Islam Negeri Raden Fatah Palembang)



Article Info

Publish Date
30 Jun 2022

Abstract

This study aims to examine the effect of profitability as proxied by ROE (Return on Equity), and Liquidity as proxied by CR (Current Ratio) and Leverage which is proxied by DER (Debt to Equity Ratio) on Bond Yield (Yield to Maturity) with Rating Bonds as an intervening variable in companies listed on the IDX (Indonesia Stock Exchange) for the 2016-2018 period. The type of research is quantitative research, with secondary data obtained from www.ibpa.co.id, www.pefindo.com, www.idx.go.id. The total sample is 10 companies that issued 61 Islamic bonds in the 2016-2018 period. The data analysis technique used is the path analysis test and data processing using SPSS 22 for windows. Research results Profitability has no effect on bond ratings, while Liquidity and Leverage have an effect on bond ratings. On profitability, liquidity and leverage affect the yield of Islamic bonds. In its mediation, the bond rating does not mediate between profitability and bond yield. Meanwhile, Liquidity and Leverage on Yeild bonds mediate through bond rating.

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Journal Info

Abbrev

EKOMA

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi merupakan jurnal yang diterbitkan oleh CV ULIL ALBAB CORP. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi menerbitkan artikel hasil penelitian dan kajian literatur dari bidang ekonomi, manajemen, akuntansi baik dari perspektif konvensional dan/atau Islam ...