Jurnal Studi Pemerintahan dan Akuntabilitas
Vol. 3 No. 2 (2024): Januari

Ukuran Risiko dan Hedging Dengan dan Tanpa Derivatif pada Perusahaan Pertambangan

Liong, Kek (Unknown)



Article Info

Publish Date
01 Mar 2024

Abstract

Purpose: The general aim of this research is to identify gold price risk and USD exchange rate risk on equity returns and identify gold price risk and USD exchange rate risk on asset returns. Method: This research refers to previous research conducted by Mitchell A. Petersen and S. Ramu Thiagarajan (Financial Management, Winter 2000). The method used in this research is the correlational method because it looks at the relationship between the return side and the risk side, while the data analysis method uses a relational test or parametric test in the form of a t-test. Result: Analysis of gold price risk and USD exchange rate risk on the ROE. Statistical testing for existing hypotheses using the multiple linear regression method simultaneously to determine the level of influence between gold price risk, USD exchange rate risk, and ROE in PT Aneka Tambang Tbk (ANTAM) and PT Newmont Indonesia using the SPSS program. Limitations: The methodology is limited to the exploratory research aspect, and variables are limited to using a ratio scale, factors, and circumstances not covered: Political, Social and Cultural. Contribution: Benefits of research: It is hoped that the results of this study can provide valuable thought and input for Risk Management to create value for shareholders. Risk Management can increase company value, knowledge and experience of researchers, previous research, government income, and professionals.

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Journal Info

Abbrev

jastaka

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Jurnal Studi Pemerintahan dan Akuntabilitas (Jastaka) is a peer-reviewed scientific journal that publishes critical and original analysis from researchers and academic practitioners about social, politics, and government issues. Jastaka accepts quality manuscripts aiming at advancing theoretical and ...