%0 Generic
%A 12/24/2021 9:30:40	Darasorayaoktavia@gmail.com	DARA SORAYA OCTAV, 12/24/2021 9:30:40	Darasorayaoktavia@gmail.com	DARA SORAYA OCTAV
%C UNIVERSITAS LAMPUNG
%D 2021
%F eprints:62493
%I FAKULTAS EKONOMI DAN BISNIS
%T ANALISIS PENGARUH LEVERAGE, PROFITABILITAS, GROWTH   OPPORTUNITY, FIRM SIZE, LIKUIDITAS, DAN DIVIDEND POLICY  TERHADAP KEPUTUSAN HEDGING DENGAN FINANCIAL DISTRESS  SEBAGAI VARIABEL MODERASI
%U http://digilib.unila.ac.id/62493/
%X ABSTRAK  ANALISIS PENGARUH LEVERAGE, PROFITABILITAS, GROWTH   OPPORTUNITY, FIRM SIZE, LIKUIDITAS, DAN DIVIDEND POLICY  TERHADAP KEPUTUSAN HEDGING DENGAN FINANCIAL DISTRESS  SEBAGAI VARIABEL MODERASI  Oleh  WAHYU FITRIANTO  Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh leverage,   profitabilitas, growth opportunity, firm size, likuiditas, dan dividend policy terhadap   keputusan hedging. Penelitian ini menggunakan financial distress sebagai variabel   moderasi. Populasi dalam penelitian ini adalah seluruh perusahaan industri   manufaktur yang terdaftar di Bursa Efek Indonesia tahun 2015-2020. Sampel dalam   penelitian ini diperoleh sebanyak 27 perusahaan dengan menggunakan metode   purposive sampling. Teknik analisis yang digunakan adalah moderated regression   analysis (MRA) dengan tingkat signifikansi alpha 5%.  Hasil pengujian secara parsial menunjukkan bahwa firm size berpengaruh positif   terhadap keputusan hedging. Sedangkan profitabilitas, growth opportunity firm   size, likuiditas, dan dividend policy tidak berpengaruh terhadap keputusan hedging.   Hasil uji moderated regression analysis (MRA) pada penelitian ini adalah financial   distress memoderasi leverage, likuiditas, dan dividend policy terhadap keputusan   hedging.  Sedangkan  financial distress tidak memoderasi profitabilitas,  growth   opportunity, dan firm size terhadap keputusan hedging.  Kata kunci: Hedging, instrumen derivatif, manajemen risiko.  ABSTRACT  ANALYSIS ON EFFECT OF LEVERAGE, PROFITABILITY, GROWTH   OPPORTUNITY, FIRM SIZE, LIQUIDITY, AND DIVIDEND POLICY ON   HEDGING DECISIONS WITH FINANCIAL DISTRESS AS   MODERATING VARIABLE  By  WAHYU FITRIANTO  This study aims to determine and analyse the effect of leverage, profitability,   growth opportunity, firm size, liquidity, and dividend policy on hedging decisions.   This study uses financial distress as a moderating variable. The population in this   study are all manufacturing industrial companies listed on the Indonesia Stock   Exchange in 2015-2020. The sample in this study was obtained as many as 27   companies using purposive sampling method. The analysis technique used is   moderated regression analysis (MRA) with a significance level of 5% alpha.  Partial test results show that firm size has a positive effect on hedging decisions.   Meanwhile, profitability, growth opportunity, firm size, liquidity, and dividend   policy have no effect on hedging decisions. The results of the moderated regression   analysis (MRA) test in this study are that financial distress moderates leverage,   liquidity, and dividend policy on hedging decisions. Meanwhile, financial distress   does not moderate profitability, growth opportunity, and firm size on hedging   decisions.  Keywords: Hedging, derivative instrument, risk management.