The effect of financial performance and firm size on bond rating

Pujiwati, Siti and Mahirun, Mahirun and Jannati, Arih (2023) The effect of financial performance and firm size on bond rating. In: Proceeding of The 2nd National and International Academic Conference Kalasin University 2023, 17 - 19 December 2023.

[img] Text (THE EFFECT OF FINANCIAL PERFORMANCE AND FIRM SIZE ON BOND RATINGS)
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Abstract

This study aims to test and analyze the factors that influence bond ratings involving variables of profitability, liquidity, leverage, activity ratio, and firm size in banking firm listed on the indonesia stock exchange for the period 2017-2021. The analytical tool we use is logistic regression. The findings in this study are that the activity ratio proxied by total asset turnover and firm size has a positive and significant effect. Meanwhile, another finding of our research is that liquidity with the current ratio indicator also has a positive although insignificant effect on bond ratings. Meanwhile, leverage using the debt to equity ratio indicator and profitability with the return on assets indicator have a negative and insignificant. Keywords: Return On Assets, Current Ratio, Debt to Equity Ratio, Total Asset Turnover, Firm Size, Bond Ratings

Item Type: Conference or Workshop Item (Speech)
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions: Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User: Unnamed user with email [email protected]
Date Deposited: 06 Feb 2024 06:57
Last Modified: 27 Mar 2024 07:36
URI: http://repository.unikal.ac.id/id/eprint/1159

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