@phdthesis{digilib22410, month = {August}, title = {NILAI DAN RATING PENERBITAN SUKUK TERHADAP RETURN SAHAM (STUDI PADA PERUSAHAAN YANG LISTING DI BURSA EFEK INDONESIA)}, school = {UIN SUNAN KALIJAGA YOGYAKARTA}, author = {NIM. 12390071 AULIA NUR ARIFINA}, year = {2016}, note = {Joko Setyono, S.E., M.Si.}, keywords = {sukuk value, sukuk rating, stock return}, url = {https://digilib.uin-suka.ac.id/id/eprint/22410/}, abstract = {additional funding, including equity or long-term investments based on Islamic principles (sukuk). The rapid growth of sukuk is due to the uniqueness and differences with conventional bonds thanks to which it has its own advantages, including the higher possibility of acquisition for yields than conventional bonds. Information from the events of sukuk issuance, have an impact on stock returns. This study aims to analyze further the influence of sukuk issuance value and its rating to the return-stock that occurre on companies issuing sukuk and listed in Bursa Efek Indonesia (BEI). The population used in this study is the companies issuing the listing Islamic bonds (sukuk) on the Indonesia Stock Exchange in 2009-2015. There are 41 companies that have issued securities and issued the stock. Those fitting the requirements to be the sample of the study are 10 companies with 36 sukuk. The results of this study is the value of sukuk gives positive effect on stock returns, showing that the value of sukuk contains sufficient information to the decision taken by the investor. Variables rating sukuk issuance gives positive effect on stock returns, showing that the rating sukuk able to influence investors in making investment decisions as it did also on variable sukuk issuance. Due to the Indonesian capital market now that have started influenced the activity of sukuk issuance by the company.} }