E-JURNAL AKUNTANSI
Vol 33 No 8 (2023)

Leverage, Firm Size, Likuiditas, Financial Distress, dan Aktivitas Hedging Dengan Instrumen Derivatif

Azhar Condronegoro (Fakultas Ekonomi dan Bisnis Universitas Udayana)
Henny Triyana Hasibuan (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
30 Aug 2023

Abstract

This research aims to determine the effect of leverage, firm size, liquidity and financial distress on hedging activities in textile and garment subsector companies listed on the Indonesia Stock Exchange due to unstable exchange rate changes. The sample method used is purposive sampling with 65 observations collected during the 2017-2021 period. The secondary data used is obtained from the company's financial reports available on the website of the Indonesia Stock Exchange (IDX) and other sources. Data analysis was performed using logistic regression method. The findings of this research show that leverage does not have a significant influence on hedging activities, while firm size and financial distress have a positive influence on hedging activities, and liquidity has a negative influence on hedging activities. Keywords: Leverage; Firm Size; Liquidity; Financial Distress; Hedging Activities

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Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...