CD Skripsi
Pengaruh Kinerja Keuangan Terhadap Likuiditas Saham Dengan Rating Obligasi Sebagai Variabel Pemoderasi Pada Sektor Industri Non Keuangan Di Bursa Efek Indonesia Tahun 2010-2013
This study aims to examine how the impact of financial perfomance on stock liquidity in Indonesia Stock Exchange especially in Non Financial Industrial Sector with bond rating as moderating variable. The objective of this study is to examine: (1) The impact of financial perfomance on stock liquidity (2) The impact of financial perfomance on stock liquidity with bond rating as the moderating variable.
Financial perfomance is measured by financial ratio (measured proxy by Return On Assets) and bond rating as independent variables and the stock liquidity (measured by proxy of stock trading frequency) as the dependent variable. The sample of this study consist of 39 observations from non financial industrial sector which listed in Indonesian Stock Exchange from 2010 to 2013. Multiple Regression Analysis (MRA) is used to test the hyphotesis in this research.
The result of this study shows that the impact of financial perfomance has positive significant influence towards stock liquidity. But, bond rating as the moderating variable in relation between financial perfomance and stock liquidity has not significant influence.
Keywords: Financial Perfomance, Bond Rating, Stock Liquidity
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