?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.title=FACTORS+AFFECTING+HEDGING+DECISION+IN+THE+%0D%0ANON-FINANCIAL+COMPANIES+LISTED+ON+INDONESIA+STOCK+%0D%0AEXCHANGE+PERIOD+2014-2017&rft.creator=MUHAMMAD+HIZBULLAH+AL+HAKIM%2C+1511011059&rft.subject=HB+Economic+Theory&rft.description=The+biggest+risk+faced+by+companies+conducting+international+trade+are+the+risk+of+%0D%0Afluctuations+in+foreign+exchange+rates.+Unforeseen+changes+in+the+value+of+foreign+%0D%0Acurrencies++could+had+an++important+impact+on+the+company%2C+therefore+companies+%0D%0Aneed+to+carry+out+risk+management%2C+one+of+which+is+by+hedging.+This+study+aims+to+%0D%0Adetermined+the+effect+of+financial+distress%2C+leverage%2C+growth+opportunity%2C+firm+size%2C+%0D%0Aand+liquidity+on+the+probability+of+hedging+decisions+on+non-financial+companies+%0D%0Alisted+on+the+Indonesia+Stock+Exchange+in+2014-2017.+The+samples+in+this+study+%0D%0Aare++around++131++companies++and++using++purposive++sampling++techniques.++The++data+%0D%0Aanalysis+method+used+was+logistic+regression+analysis.%0D%0AThe+results+of+this+study+indicate+that+the+variable+leverage%2C+growth+opportunity%2C+%0D%0Aand++firm++size++have++a++positive++and++significant++effect++on++hedging++decisions%2C++while+%0D%0Afinancial+distress+and+liquidity+variables+do+not+affect+hedging+decisions.+From+the+%0D%0Alogistic+regression+results+found+that+the+variables+of+financial+distress%2C+leverage%2C+%0D%0Agrowth+opportunity%2C+firm+size+and+liquidity+could+explained+decisions+of+hedging+%0D%0Awere+about+15%2C9%25+and+the+rest+explained+by+other+variables+outside+the+model.%0D%0AKeywords+%3A++Hedging%2C++Derivative++Instrument%2C++Risk++Management%2C++Leverage%2C+%0D%0AFinancial+Distress%2C+Growth+Opportunity%2C+Firm+Size%2C+and+Liquidity%0D%0A%0D%0ARisiko++terbesar++yang++dihadapi++oleh++perusahaan++yang++melakukan++perdagangan+%0D%0Ainternasional+adalah+risiko+fluktuasi+kurs+valuta+asing.+Perubahan+nilai+mata+uang+%0D%0Aasing+yang+tidak+terduga+dapat+berdampak+penting+pada+perusahaan%2C+oleh+karena+%0D%0Aitu++perusahaan++perlu++untuk++melakukan++manajemen++risiko++salah++satunya++adalah+%0D%0Adengan+melakukan++hedging.+Penelitian+ini+bertujuan+untuk+mengetahui+pengaruh+%0D%0Afinancial+distress%2C+leverage%2C+growth+opportunity%2C+firm+size%2C++dan+likuiditas+terhadap+%0D%0Aprobabilitas++keputusan++hedging++pada++perusahaan++non-financial++yang++terdaftar++di+%0D%0ABursa++Efek++Indonesia++tahun++2014-2017.++Sampel++dalam++penelitian++sebanyak++131+%0D%0Aperusahaan+dengan+menggunakan+teknik+purposive+sampling.+Metode+analisis+data+%0D%0Ayang+digunakan+adalah+analisis+regresi+logistik.+%0D%0AHasil++penelitian++ini++menunjukkan++bahwa++variabel++leverage%2C++growth++opportunity%2C+%0D%0Adan++firm++size++berpengaruh++positif++dan++signifikan++terhadap++keputusan++hedging%2C+%0D%0Asedangkan++variabel++financial++distress++dan++likuiditas++tidak++mempengaruhi+%0D%0Akeputusan+hedging.+Dari+hasil+regresi+logistik+ditemukan+bahwa+variabel++financial+%0D%0Adistress%2C+leverage%2C+growth+opportunity%2C+firm+size++dan+likuiditas+dapat+menjelaskan+%0D%0Akeputusan+hedging++sebesar+15%2C9%25+dan+sisanya+dijelaskan+oleh+variabel+lain+di+luar+%0D%0Amodel.%0D%0AKata+kunci+%3A+++Hedging%2C+Instrumen+Derivatif%2C+Manajemen+Risiko%2C+Financial+%0D%0ADistress%2C+Leverage%2C+Growth+Opportunity%2C+Firm+Size%2C+dan+Likuiditas&rft.publisher=Fakultas+Ekonomi+dan+Bisnis&rft.date=2019&rft.type=Skripsi&rft.type=NonPeerReviewed&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F54615%2F1%2F1.%2520ABSTRAK.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F54615%2F2%2F2.%2520SKRIPSI%2520FULL.pdf&rft.format=text&rft.identifier=http%3A%2F%2Fdigilib.unila.ac.id%2F54615%2F3%2F3.%2520SKRIPSI%2520FULL%2520TANPA%2520BAB%2520PEMBAHASAN.pdf&rft.identifier=++MUHAMMAD+HIZBULLAH+AL+HAKIM%2C+1511011059++(2019)+FACTORS+AFFECTING+HEDGING+DECISION+IN+THE+NON-FINANCIAL+COMPANIES+LISTED+ON+INDONESIA+STOCK+EXCHANGE+PERIOD+2014-2017.++Fakultas+Ekonomi+dan+Bisnis%2C+UNIVERSITAS+LAMPUNG.+++++&rft.relation=http%3A%2F%2Fdigilib.unila.ac.id%2F54615%2F