CD Skripsi
Pengaruh Good Corporate Governance Terhadap Struktur Modal Dengan Rating Obligasi Dan Cost Of Debt Sebagai Variabel Mediasi (Studi Pada Perusahaan Non Keuangan Yang Terdaftar Di Bursa Efek Indonesia Periode 2013-2017)
This study aimed at examining the direct and indirect effect of Good Corporate Governance on capital structure with bond rating and cost of debt as mediating variables. The population involved all non-financial companies officially registered on the Indonesian Stock Exchange during 2013-2017 periods. A purposive sampling method was employed as the sampling technique to collect 20 sampled companies during 2013-2017 periods. Path analysis was used as the analysis tool in this study. The research results discovered that good corporate governance has a significant positive effect on bond rating, good corporate governance and bond rating have significant negative effect on cost of debt, bond rating has a significant positive effect on capital structure, cost of debt has a non-significant negative effect on capital structure, good corporate governance has a significant positive effect on capital structure through bond rating while good corporate governance has insignificant positive effect on capital structure through cost of debt.
Keywords: Good Corporate Governance, Bond Rating, Cost of Debt, Capital Structure
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