Skripsi
ANALISIS FAKTOR YANG MEMPENGARUHI PENGGUNAAN INSTRUMEN DERIVATIF SEBAGAI PENGAMBILAN KEPUTUSAN HEDGING (STUDI KASUS PADA SEKTOR INFRASTRUKTUR, UTILITAS DAN TRANSPORTASI YANG TERDAFTAR DI BURSA EFEK INDONESIA).
This study aims to analyze the effect of Debt to Equity Ratio, Interest Coverage Ratio, Growth Opportunity, Firm Size, and Liquidity on hedging decisions. The data used in this study is secondary data with library data collection techniques and documentation. The population of this study is the Infrastructure, Utilities and Transportation Sector companies listed on the Indonesia Stock Exchange for the 2015-2019 period as many as 78 companies. A sample of 27 companies was obtained by purposive sampling method. This research uses logistic regression analysis technique. The results of this study indicate that there are 9 companies that entered into derivative contracts in the 2015-2019 period, namely PT Indosat Tbk, PT Perusahaan Gas Negara Tbk, PT XL Axiata Tbk, PT Cardig Aero Services Tbk, PT Smartfren Telecom Tbk, PT Logindo Samudramakmur Tbk, PT Tower Bersama Infrastructure Tbk, PT Temas Tbk, and PT Pelayaran Nasional Bina Buana Tbk. This study also results that the Debt to Equity Ratio variable has no effect on hedging decisions, Interest Coverage Ratio has a negative effect on hedging decisions, Growth Opportunity has no effect on hedging decisions, Firm Size has a positive effect on hedging, and Liquidity has a negative effect on hedging decisions.
Inventory Code | Barcode | Call Number | Location | Status |
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2207003638 | T78081 | T780812022 | Central Library (Referens) | Available |
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