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AbstractCapital markets are economic entities that have a large influence on economic growth. The capital market is one of the containers of transactions in carrying out economic functions for a country. The growing capital market has caused investors to focus on investing in the Indonesian capital market, especially in the business community. The term investment grade refers to a rating that refers to government or corporate debt, has a low ralative ratio of default or default so that it has adoi:10.30984/tjebi.v3i1.655 fatcat:i5d5z64chzekpfwwlywswmismu