Open AccessPENGARUH TINGKAT SUKU BUNGA, INFLASI, DEBT TO EQUITY RATIO, DAN UKURAN PERUSAHAAN TERHADAP YIELD OBLIGASI PADA PERUSAHAAN YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2010 - 2016
Author(s) -
Laras Nurul Listiawati,
V. Santi Paramita
Publication year - 2018
Publication title -
jurnal manajemen
Language(s) - English
Resource type - Journals
eISSN - 2597-4106
pISSN - 1829-6211
DOI - 10.25170/jm.v15i1.97
Subject(s) - bond , stock exchange , debt to equity ratio , nonprobability sampling , population , interest rate , monetary economics , economics , debt , business , financial system , yield (engineering) , econometrics , finance , demography , sociology , materials science , metallurgy
This study aims to determine the effect of interest rates, inflation, debt to equity ratio and firm size on bond yields at companies listed on the Indonesia Stock Exchange. Previous research shows different results. Therefore, it is necessary to do a research to re-examine the influence of these four variables on bond yield. The population in this study are all corporate bonds listed and traded on Indonesia Stock Exchange in period of 2010 to 2016, amounting to 584 bonds. Based on purposive sampling criteria 88 bonds were sampled. The research hypothesis was tested using multiple regression. This study concludes that interest rate has a positive effect on bond yield, debt to equity ratio negatively affect bond yield, while inflation and firm size have no effect on bond yield.