FAKTOR-FAKTOR YANG MEMPENGARUHI PERINGKAT OBLIGASI (PADA PERUSAHAAN SEKTOR NON KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA)

Abstract

Investment bonds is one of the investment interest by financiers because it has a fixed income. The bond rating agency is an independent agency that provides information risk scale ratings. The bond rating agencies recognized the Bank Indonesia among others, Fitch Ratings, Moody's Investors Service, Standard and poor's, PT Fitch Ratings Indonesia, ICRA and Pefindo. The purpose of this research was to test the influence of profitability, leverage and secure against ranked bonds on a non financial companies went public on the Indonesia stock exchange. The method of purposive sampling technique with election against 26 companies non financial sector comprising 104 observation period financial reports 2013-2016. Data analysis using logistic regression analysis using SPSS software version 20. The results of the research with the logistic regression analysis stated that partially variable positive effect significantly to profitability ranking bonds. While variable leverage and secure do not affect ranking significantly to bonds. The results of the R Square (R2) shows the values of Nagelkerke R Square of 0.184 that ability independent variable in explaining the dependent variable is 0.184 or 18.4% and there is a 100%-18.4% = 81.6% of other factors outside the model that describes the variable the dependent.
Keyword: profitability, leverage, secure, bond ratings