Pengaruh Liquidity, Leverage, Firm Size, Financial Distress Dan Growth Opportunity Terhadap Keputusan Hedging Dengan Instrumen Derivatif (Studipada Perusahaan Sektorconsumer Goods Yang Terdaftarpada BEI)

Pujianto, Alvi Dwiantoro (2018) Pengaruh Liquidity, Leverage, Firm Size, Financial Distress Dan Growth Opportunity Terhadap Keputusan Hedging Dengan Instrumen Derivatif (Studipada Perusahaan Sektorconsumer Goods Yang Terdaftarpada BEI). Sarjana thesis, Universitas Brawijaya.

Abstract

Hedging dilakukan dengan instrument derivatif bertujuan untuk melindungi perusahaan dari risiko akibat perubahaan fluktuasi valuta asing. Penelitian ini bertujuan mengukur pengaruh variabel liquidity, leverage, firm size, financial distress dan growth opportunity terhadap keputusan perusahaan melakukan hedging. Jenis penelitian ini adalah explanatory dengan sampel yang dilakukan dengan purposive sampling berupa perusahaan yang tercatat di BEI tahun 2012 hingga 2016 yang bersektor barang konsumsi yang berjumlah 32 perusahaan. Teknik analisis penelitian ini menggunakan teknik analisis regresi logistik Hasil penelitian menjelaskan bahwa variabel leverage dan firm size memliki pengaruh terhadap kebijakan perusahaan dalam melakukan hedging sedangkan liquidity, financial distress dan growth opportunity tidak berpengaruh terhadap keputusan hedging.

English Abstract

edging with a derivative instrument is the way to protect the company from fluctutation of exchange rate. This aim of the study to measure the influence of variable liquidity, leverage, firm size, financial distress and growth opportunity to the company's decision to do hedging. The type of this research is explanatory with samples conducted by purposive sampling in the form of companies listed on Indonesian Stock Exchange in 2012 to 2016 that moves on the consumer goods sector which amounted 32 companies. Analytical technique of this research using logistic regression analysis technique the result of research explains that variable of leverage and firm size have an influence on hedging decision but liquidity, financial distress, and growth opportunity have no effect to hedging decision.

Item Type: Thesis (Sarjana)
Identification Number: SKR/FE/2018/381/051900845
Uncontrolled Keywords: Liquidity, Leverage, Firm Size, Financial Distress, Growth Opportunity, KeputusanHedging, Liquidity, Leverage, Firm Size, Financial Distress, Growth Opportunity, Hedging Decision
Subjects: 300 Social sciences > 332 Financial economics > 332.6 Investment > 332.64 Exchange of securities and commodities; speculation > 332.645 Speculation > 332.645 2 Futures > 332.645 24 Hedging
Divisions: Fakultas Ekonomi dan Bisnis > Manajemen
Depositing User: Nur Cholis
Date Deposited: 20 Jun 2019 02:05
Last Modified: 20 Oct 2021 09:12
URI: http://repository.ub.ac.id/id/eprint/162764
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