In the recent rapid development of the capital market, publicly traded companies are competing to achieve the main objectives of their companies, which are no longer just wanting to maximize profits but also maximize the value of the company. The maximum value of the company will also increase shareholder value which is characterized by a high rate of return on investment in shareholders. The higher the value of the company, the more prosperous the owner will be (laksitaputri 2012). The building construction sector is one of the industrial sectors that has contributed significantly to the Indonesian economy, where the construction sector occupies the third position as a driver of economic growth in Indonesia throughout 2016, contributing 0.51 percent after the manufacturing industry and the trade sector. Based on data from the Central Statistics Agency (BPS), Indonesia's economy in 2016 grew by 5.02 percent, higher than in 2015 which reached 4.88 percent. The contribution of the construction sector to the formation of domestic products gross (GDP) was also quite significant, namely 10.38 percent. This Figure makes it 4 th after the industrial, agricultural and trade sector (www.kompas.com) The condition of the issuer's construction sub-sector shares is predicted to be the favorite choice next year along with the rampant development of government infrastructure projects. Looking at the sectoral index, the movement of the construction and property indices so far this year did experience a correction due to pressure in the property sector. Based on data from the Financial Services Authority (OJK), throughout the year (as of September 30, 2017), the construction property sector index experienced a correction of 3.41%. Firm value can basically be measured through several aspects, one measure or proxy used is Price to Book Value (PBV) which is used to find out how far the company is able to create firm value on the amount of capital invested, the higher the ratio the more successful the company creates value for shareholders. The following is the a picture of the average Price to Book Value (PBV) of the construction and building sub-sectors listed on the IDX for the period 2012-2016which were the samples of this study.

The volume of corporate bond issuance in Indonesia has fluctuated from 2015-2020 following the economic developments. The Covid 19 pandemic in 2020 caused declining in companies issuing bonds. The pandemic led a big impact on the bond market. Low key interest rates decrease the return obtained in bond investment. The economic slowdown has pushed the central bank of Indonesia cut the key rates from 5% to 3.75% in 2020. The lower key rates will cause an increase in bank loans then the government can control economic growth and inflation rate. Partially, the study aims to analyze the effect of the current ratio, debt to equity, return on assets, total assets, and maturity on the yield to maturity of bonds traded on the Indonesia Stock Exchange (IDX) in 2020. Quantitative methods with an associative approach are used as research methods. 302 corporate bonds issued by 69 companies took into a sample in this study. The sampling method used purposive judgment sampling. Data analysis of the proposed hypothesis used the multiple linear regression method by using the SPSS version 24 program. The research found that there was a significant effect among the return on assets, total assets, and maturity variables on the bond’s yield. However, the current ratio and debt to equity variables were found to have no effect on the yield to maturity of all corporate bonds traded on the IDX in 2020.

This study aims to analyze the effect of maturity date, interest rate, exchange rate, inflation and foreign exchange reserves on the yield to maturity of Indonesian government bonds for the period 2014-2020. The analysis is using panel data analysis. The results showed that the maturity level of bonds (X1), interest rates (X2), had a positive and statistically significant effect on yield to maturity. The inflation (X3) and has a negative and significant effect, while the exchange rate (X4) has no significant effect but has a positive relationship.  Foreign exchange reserves (X5) have a negative and significant effect. The exchange rate does not have a significant effect. This is not in accordance with the previous theory, because the sample limitation in this study only uses bonds with Rupiah currency

This study was to examine and analyze the effect of liquidity, profitability, asset structure and asset growth on firm value with the capital structure variable as moderating variable. The population in this study are food & beverage sub-sector companies listed on the Indonesia Stock Exchange for the period 2018-2021. The technique used in sampling is purposive sampling. So that a total of 34 companies were taken in the research sample. The data analysis technique used in this study uses panel data regression and MRA. The results of the analysis show that liquidity and asset growth have a significant positive effect on firm value, while profitability and asset structure have no significant effect on firm value. Capital structure as a moderating variable is able to moderate the effect of liquidity, asset structure and asset growth on firm value but unable to moderate the effect of profitability on firm value.

This study aims to analyze the effect of Coupons, Maturity Period, Current Ratio and Bond Rating on corporate bond prices. The study population consists of corporate bonds traded on the Indonesia Stock Exchange for the period 2016-2018. The sample selection technique was carried out by purposive sampling. The research sample consisted of 45 corporate bonds issued by 20 companies from all sectors except the banking and financial sectors. The research analysis method used is descriptive statistics and Common Effect Model (CEM) panel data regression. The results showed that partially the Coupon, Maturity Period and Bond Rating variables had a significant positive effect on Bond Prices, while the Current Ratio variable had a significant negative effect on Bond Prices. The implication of this research is that companies as bond issuers are advised to pay attention to the factors that affect bond prices, especially coupons, maturity and bond ratings in order to provide an appropriate price release for the bonds issued. By paying attention to factors, one of which is increasing the bond rating can maintain investor confidence. This is because these variables are proven to have an effect on Bond Prices. For further research, it is expected to study other variables that affect bond prices because the coefficient of determination of this study is 67%, meaning that there are 33% variations in bond prices explained by other variables outside of the study.