analisis faktor - faktor yang mempengaruhi instrumen derivatif terhadap pengambilan keputusan hedging

sulastri, titin (2018) analisis faktor - faktor yang mempengaruhi instrumen derivatif terhadap pengambilan keputusan hedging. Undergraduate thesis, STIE PERBANAS SURABAYA.

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Abstract

multinational companies that conduct international transactions will require hedging by using derivative instrument, in which the function is to minimize exchange rate risk faced by the company. this research aims to examine the factors that influence the derivative instruments on hedging decision making. the factors in this research are debt to equity ratio, growth opportunity, financial distress, liquidity, and firm size. this research is included to quantitative research by using logistic regression test. the population of this study were 144 manufacture companies that registered in indonesian stock exchange 2015-2016. based on purposive sampling criteria, 138 companies were selected as sample of this study. based on the analyzed data the results obtain are as follows, debt to equity ratio has a positive but not significant impact on hedging decisions, growth opportunity has a positive and significant impact on hedging decisions, financial distress has a positive but not significant effect on hedging decisions, not significant and for the firm size has a negative but not significant effect on the hedging decision.

Item Type: Thesis (Undergraduate)
Subjects: 600 - TECHNOLOGY > 650 - 659 MANAGEMENT & PUBLIC RELATIONS > 657 - ACCOUNTING > 657.042 - FINANCIAL ACCOUNTING
Divisions: Bachelor of Accountancy
Depositing User: Perpustakaan Universitas Hayam Wuruk Perbanas
Date Deposited: 29 Oct 2018 02:42
Last Modified: 29 Oct 2018 02:42
URI: http://eprints.perbanas.ac.id/id/eprint/3554

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