Abstract :
This study examines the role of financial ratios data in predicting the bond
rating to manufacturing companies listed in Indonesia Stock Exchange and is
registered in ratings of bonds issued by PT. PEFINDO period 2008-2012. The
variable dependen of the research is bond rating, and variable independent the
research is liquidity, leverage, productivity, provitability, and growth. The
sampling technicque is determined using target purposive sampling.
The method of analysis used logistic regression analysis. Logit regression
is used to test the hypothesis. This type of research is a quantitative research.
Bonds rating is very important for investors as the decision whether or not to be
an investment bond. Bond ratings provide a signal about the company's
probability of debt default. The expectation of this research that liquidity,
leverage, productivity, provitability, and growth are significant variables
determining bond rating.
Keyword : Bond rating, liquidity, leverage, productivity, provitability, growth