Daftar Isi:
  • This research is conducted to test the effect of co,porate governance to bond ratings and bond yield. Samples are all bonds are issued period 2004-2008. Data are collected from Indonesian Stock Exchange, The Institute for Co,porate Directorship (!!CD) and The Center for International Private Enterprise (Cf PE). Governance mechanisms can reduce default risk by mitigating agency costs and monitoring managerial pe1formance and by reducing information asymmetry between the firm and the lenders. The better of corporate governance implementation the higher bond ratings, but bond yields will decrease.