Open AccessPENGARUH KUPON, MATURITAS, LIKUDITAS DAN SUKU BUNGA TERHADAP YIELD OBLIGASI KORPORASI
Author(s) -
Kadek Ary Asta Pramita Sari,
Henny Rahyuda
Publication year - 2019
Publication title -
e-jurnal manajemen
Language(s) - English
Resource type - Journals
ISSN - 2302-8912
DOI - 10.24843/ejmunud.2019.v08.i10.p05
Subject(s) - coupon , bond , maturity (psychological) , market liquidity , stock exchange , nonprobability sampling , interest rate , business , econometrics , financial economics , economics , monetary economics , finance , psychology , population , demography , sociology , developmental psychology
The performance of bonds reflect from bond yields that are useful as information in making investment decisions. The purpose of this study was to determine the effect of coupon, maturity, liquidity and interest rate of the corporate bond yields This research was conducted on all companies that issue corporate bonds and are listed in Indonesian Stock Exchange on 2015-2017 periods. with a total sample of 44 bonds from 23 companies through non purposive sampling technique. Data analysis technique used multiple linear regression analysis and methods of data collection in this study using non-participant observation. Based on data analysis indicate that coupon, maturity, and interest rate partially positive and significant effect on bond yields. By contrast, liquidity partially negative and significant effect on bond yields.
Keyword : coupon, maturity, liquidity and interest rate , bond yields