The Influence of Growth Profitability, Leverage and Opportunity on Hedging Activities in State-Owned Enterprises Companies 2012-2016

DOI

10.2991/icobame-18.2019.46How to use a DOI?

Keywords

hedging; profitability; leverage and growth opportunity

Abstract

Hedging is an action that can be carried out by companies that transact international to minimize the risk of exchange rates faced. The purpose of this study was to determine the significance of the effect of profitability, leverage, and the company's growth opportunities on hedging activities in state-owned enterprises (BUMN) in 2012-2016. The sample of this study took as many as 19 state-owned companies listed in Indonesia Stock Exchange during the period 2012-2016 using the purpose sampling method, the data used was secondary data, and then using the analysis technique used in this study was logistic regression analysis. Based on the results of the analysis it was found that the variables of profitability, and leverage significantly had a positive effect on hedging activities, while the opportunity to grow the company had a positive but not significant effect on hedging activities.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Shela Pitangga
AU  - Siti Puryandani
PY  - 2019/07
DA  - 2019/07
TI  - The Influence of Growth Profitability, Leverage and Opportunity on Hedging Activities in State-Owned Enterprises Companies 2012-2016
BT  - Proceedings of the International Conference on Banking, Accounting, Management, and Economics (ICOBAME 2018)
PB  - Atlantis Press
SP  - 213
EP  - 217
SN  - 2352-5428
UR  - https://doi.org/10.2991/icobame-18.2019.46
DO  - 10.2991/icobame-18.2019.46
ID  - Pitangga2019/07
ER  -