Title: THE INFLUENCE OF PROFITABILITY, LEVERAGE, AND COMPANY SIZE ON BOND RATINGS IN INFRASTRUCTURE SECTOR COMPANIES LISTED ON THE INDONESIA STOCK EXCHANGE (IDX)

Authors: Trivani Yuniar Baharini*, Yosefa Sayekti and Taufik Kurrohman

Abstract: Bond ratings are one of the factors that determine investors’ choice of companies for investment, based on whether or not it is worthwhile to invest in the bonds offered by the company. A higher bond rating indicates that the company’s bonds have good credibility, making them a worthwhile investment choice for investors. Factors that can influence a company’s bond rating include profitability, leverage, and company size. This study aims to analyze the influence of profitability, leverage, and company size on bond ratings. This research uses a quantitative method with multiple linear regression analysis techniques. The research sample consists of 12 infrastructure companies listed on the Indonesia Stock Exchange (IDX) in 2024, selected using the purposive sampling method. Based on the results of the profitability, leverage, and company size analysis, these factors influence bond ratings.

Keywords: Bond rating, Company Size, Leverage, Profitability.

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