PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP PERINGKAT OBLIGASI DAN YIELDOBLIGASI (Studi Empiris Perusahaan Yang Terdaftar di Bursa Efek Indonesia)

MUSTIKASARI, GRETA ITA (2010) PENGARUH MEKANISME GOOD CORPORATE GOVERNANCE TERHADAP PERINGKAT OBLIGASI DAN YIELDOBLIGASI (Studi Empiris Perusahaan Yang Terdaftar di Bursa Efek Indonesia). Other thesis, Universitas Sebelas Maret.

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    Abstract

    This study aims to get empirical evidenceon the impact of good corporate governance mechanisms on bonds ratings and bonds yield for all companies registered in the Indonesia stock exchange. Measurements using the Corporate Governance Index of Corporate Governance, which is the SWA and IICG rating as independent variables, and bond ratings alsobond yield as the dependent variable. Logit analysis is used to test the effect of corporate governance on bond ratings and multivariate regression analysis to examine the effect of corporate governance on bond yield. Sample are all companies listed on the IDX and listing atPEFINDO included in the period of the Corporate Governance Perception Index rankings 2003-2008, published by SWA magazine. Test results show IICG not significant positive assessment of the impact,cbut the leverage as control variables have a significant negative effect on bond ratings. Conversely IICG a significant positive influence bond yield. Keyword : corporate governance, bond ratings, bond yields, and corporate governance perception index.

    Item Type: Thesis (Other)
    Subjects: H Social Sciences > HB Economic Theory
    H Social Sciences > HG Finance
    Divisions: Fakultas Ekonomi
    Fakultas Ekonomi > Akuntansi
    Depositing User: Andika Setiawan
    Date Deposited: 18 Jul 2013 18:19
    Last Modified: 18 Jul 2013 18:19
    URI: https://eprints.uns.ac.id/id/eprint/6685

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