Financial Performance Growth and Bond Rating

Abstract

The purpose of this research is to studying and analyze the growth in financial performance
and development of bond ratings, where bond ratings have decreased, especially in the
2017-2018 period. Bond ratings are important because they provide information regarding
the probability of a company's debt failure. The method used in this research is descriptive
and verification methods. The unit of analysis in this research is non-financial sector
companies listed on the Indonesia Stock Exchange (IDX) during the 2014-2018 period. The
results showed that the liquidity and leverage growth affects the bond rating but the
profitability growth has no effect on bond ratings