PENGARUH DEFAULT RISK OBLIGASI DAN TINGKAT KECUKUPAN MODAL TERHADAP PROFITABILITAS

This study aimed to examine the effect of default risk bonds and capital adequacy of the company’s profitability. The population in this study is a non-financial companies listed on the Indonesia Stock Exchange and are rated by bond rating agency PT Pefindo. The sample sets using purposive sampling. The research sample obtained as many as 43 company. Research data are secondary data from the annual audited financial statements. Hypothesis testing using multiple regression analysis with SPSS version 21. The results show that the first hypothesis (H1) default risk of bonds have positive affect the profitability of the company. The second hypothesis (H2) capital adequacy have negative affect the profitability of the company.

Key Word : default risk bonds, capital adequacy and profitability of the company.