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Analisis pengaruh book-tax diferences terhadap peringkat obligasi : studi kasus empiris pada perusahaan go public di Bursa Efek Indonesia
This research is aimed to analyze the influence of book-tax differences on bond ratings of PEFINDO in Indonesia for six years observation period (2003-2008) using ordinal logit regression method. Variables used to proxy book-tax differences are deferred taxes and tax-to-book ratios. The model of this research is divided into two models. Model I is aimed to analyze the influence of deferred taxes and company characteristics on bond ratings. Model II is aimed to analyze the influence of tax-to-book ratios and company characteristics on bond ratings. Contrary with Crabtree and Maher (2009) who found book-tax differences have a negative and significant influence on bond ratings. This research shows that book-tax differences measured by large positive deferred taxes have a positive and no significant influence whereas large negative book-tax differences have a negative and significant influence on bond ratings in Model II. Then book-tax differences measured by large tax-to-book ratios and small tax-to-book ratios have positive and no significant influences on bond ratings in Model III. Thus, the hypothesis of the research is not empirically supported for each model. Ada tabel
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| 6772 | PSB lt.2 - Karya Akhir | 1 |
| Penerbit | Depok: Departemen Ilmu Akuntansi Fakultas Ekonomi Universitas Indonesia 2010 |
|---|---|
| Edisi | - |
| Subjek | Stock exchange Bonds Tax difference Book Defered taxes Bond ratings |
| ISBN/ISSN | - |
| Klasifikasi | - |
| Deskripsi Fisik | xvi, 133 p. il. ; 30 cm & lamp |
| Info Detail Spesifik | - |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas | Tidak Ada Data |