DETERMINAN KEPUTUSAN LINDUNG NILAI (HEDGING) PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA

Abstract

ABSTRACT

This study aims to determine the effect of leverage, Profitability, Liquidity, and Company Size on Hedging decisions on Manufacturing Companies listed on the Indonesia Stock Exchange . The period used is 2015-2017. The model used in this study is associative quality and the data used is secondary data. The population in this study is the Manufacturing Company, the sample used is 14 Manufacturing Companies. The sampling technique was determined using the purposive sampling method, and the analytical method used was the Logistic Regression method. The results of this study are that Leverage variables have no influence on Hedging decisions, Profitability variables affect Hedging decisions, Liquidity variables have no influence on Hedging decisions, Company Size variables do not have an influence on Hedging decisions.

Keywords: Hedging Decisions, Leverage, Profitability, Liquidity, Company Size