PENGARUH LIKUIDITAS, PRODUKTIVITAS, PROBABILITAS, UKURAN PERUSAHAAN DAN SOLVABILITAS TERHADAP PERINGKAT SUKUK

Abstract

This study aims to provide empirical evidence about the factors that influence the ratings of sukuk in 45 companies on the Indonesia Stock Exchange. The study examines the role of financial ratios which covers: Liquidity, Productivity, Probability, Company Size and Solvency to Sukuk Ratings. The research method uses a quantitative approach with secondary data. and the research population is a company listed on the Indonesia Stock Exchange as a sukuk issuer or research data taken from the financial statements or the company's official website during the period starting from the 2015-2019 period. The analysis used in the study used panel data regression analysis using t table and t arithmetic to test the hypothesis on the research variables. The research results from the hypothesis which is the research variable obtained from the calculated t value is showing Liquidity, Productivity, Probability, companies Size and Solvency simultaneously and simultaneously can be accepted and have a significant effect on sukuk ratings during the 2015-2019 period.