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

摘要

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.