Dampak Keuntungan, Ketersediaan Dana, Penggunaan Utang, dan Aktivitas Bisnis Terhadap Posisi Sukuk

Abstract

This research aims to determine the effect of profitability, liquidity, leverage and activity on the sukuk ratings of sukuk issuing companies listed on the Indonesia Stock Exchange and registered sukuk ratings issued by PT. PEFINDO has an investment grade rating for the 2011-2013 period. The research method used in this research is descriptive and verification methods. Data analysis used ordinal logistic regression analysis. The data used is secondary data collected from published reports on the Indonesia Stock Exchange and Pefindo. The results of this research are that leverage influences sukuk ratings. This shows that leverage can influence whether a company's sukuk rating is good or bad. Meanwhile, profitability, liquidity and activity have no effect on the sukuk rating. This means that the high and low levels of these variables do not have an impact on the good or bad of the company's sukuk rating.