PENGARUH HUTANG LUAR NEGERI, LIKUIDITAS, UKURAN PERUSAHAAN DAN NILAI TUKAR TERHADAP KEPUTUSAN HEDGING
Abstract
The study was conducted to determine the influence of foreign debt, liquidity, company size and exchange rate on hedging decisions by state-owned companies listed on the Indonesia Stock Exchange in 2019-2023. IDX-listed SOEs were selected as the population used in this study. Then a total of 20 SOEs were selected as samples with purposive sampling. Utilizing a quantitative approach with logistic regression analysis and the SPSS 25 program as a research method. It is concluded from the research that has been carried out that foreign debt, liquidity, and company size have an effect on hedging decisions, while exchange rates have no influence on hedging decisions.
Keywords: Foreign debt, liquidity, company size, exchange rate, hedging decision.
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