Pengaruh Profitabilitas, Likuiditas, Leverage, dan Pertumbuhan Perusahaan terhadap Peringkat Obligasi pada Perusahaan Perbankan yang Terdaftar di Bursa Efek Indonesia

Abstract

This research aims to determine the effect of profitability, liquidity, leverage and company growth on bond ratings of banking companies listed on the Indonesia Stock Exchange. This research was conducted on banking companies listed on the Indonesia Stock Exchange, which were selected from the population of banking companies listed on the Indonesia Stock Exchange. The research was carried out inthe time period from April 2023 to June 2023. The population in this study was all banking companies listed on the Indonesia Stock Exchange, totaling 27 companies that were included in the sample criteria, so the sample in this study was 27 banking companies listed on Indonesia Stock Exchange with a total number of observationsof 27 companies x 5 year period = 135 observations. In this research, the data used is secondary data obtained from various sources, such as publications from the government, organizations, and previous research that is relevant to the research topic. Secondary data has the advantage of being able to save time and costs in collecting data and obtaining extensive and reliable data. Based on the results of this research, it can be concluded that Profitability has a positive but not significant effect on the bond ratings of banking companies listed on the Indonesia Stock Exchange. Liquidity has a positive and significant effect on bond ratings in bankingcompanies listed on the Indonesia Stock Exchange. Leverage has a positive but notsignificant effect on the bond ratings of banking companies listed on the Indonesia Stock Exchange. Company growth has a positive and significant effect on the bond ratings of banking companies listed on the Indonesia Stock Exchange. Profitability, liquidity, leverage and company growth have a positive and significant effect on the bond ratings of banking companies listed on the Indonesia Stock Exchange.