Pengaruh Manajemen Laba, Rasio Likuiditas, Rasio Solvabilitas Dan Rasio Profitabilitas Terhadap Peringkat Obligasi Pada Perusahaan Manufaktur Sub Sektor Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia (BEI) Tahun 2011-2018

Abstract

The Indonesia Stock Exchange (IDX) is an institution or company that organizes or provides market system facilities to bring together selling and buying offers between various companies or individuals involved with the aim of trading securities of companies that have been listed on securities stocks. The population in this study is a food beverage sub-sector manufacturing company listed on the Indonesia Stock Exchange (IDX) in 2011-2018. This study aims to determine whether earnings management, liquidity ratios, solvency ratios, and profitability ratios affect the bond rating. In determining the research sample using a purposive sampling method. Secondary data taken in the form of company financial statements starting from 2011-2018 by processing data using SPSS 22. Based on the results of the study prove that earnings management, liquidity ratios, solvency ratios, and profitability ratios have an effect on simultaneously on bond ratings. Earnings management partially has a negative and significant effect on bond ratings. Liquidity ratio, solvency ratio, and profitability ratio partially there is no effect on bond ratings. Keyword :  Earning management, liquidity ratio, solvalency ratio,profitability ratioand bond rating