期刊名称:Jurnal Ekonomi Bisnis dan Kewirausahaan (JEBIK)
印刷版ISSN:2087-9954
电子版ISSN:2550-0066
出版年度:2017
卷号:6
期号:1
页码:65-76
DOI:10.26418/jebik.v6i1.20727
出版社:Fakultas Ekonomi dan Bisnis, Universitas Tanjungpura
摘要:This paper provides the empirical evidence of corporate growth, maturity, and operating cash flows on the bond ratings. It was conducted on 34 bonds issued by the 16 non-financial companies on the Indonesia Stock Exchange (IDX) which also issued bonds, registered in the Indonesia Bond Market Directory, and rated by PEFINDO during 2012 - 2014. The hypotheses were tested using the logistic regression analysis. The result shows that corporate growth has significant effect on the bond ratings, while maturity and operating cash flow have no significant effect. Another finding shows that the firm size can also affect the bond ratings.
关键词:corporate growth; maturity; operating cash flow; firm size; bond ratings.