PENGARUH LEVERAGE,FINANCIAL DISTRESS DAN GROWTH OPTIONS TERHADAP AKTIVITAS HEDGING PADA PERUSAHAAN NON-KEUANGAN YANG TERDAFTAR DI BURSA EFEK INDONESIA
Abstract: This research
aims to examine the influence of
leverage, financial distress, and growth options on probability of the
corporations to execute hedging activities using derivative instruments.The
population of this research consist of non financial companies which are listed
on IDX (Indonesia Stock Exchange) from 2012-2014.The samples of 210 companies
were selected using slovin formula and simple random sampling technique.
Hypothesis were tested utilizing logistic regression analysis.
The results of this research show that leverage, financial distress, and
growth options simultaneously influence the hedging activities by using
derivative instruments. Partially leverage influence the hedging activities by
using derivative instruments mean while financial distress and growth options
do not influence hedging activities by using derivative instruments.
Penulis: Hafis Nuzul, Maya
Febrianty Lautania
Kode Jurnal: jpakuntansidd150881
