Electronic Theses and Dissertation

Penelitian ini bertujuan untuk meneliti pengaruh foreign debt, firm size, dan growth opportunity terhadap keputusan hedging pada perusahaan bumn yang terdaftar di bursa efek indonesia selama periode 2019-2023. populasi dalam penelitian ini mencakup seluruh perusahaan bumn yang terdaftar di bursa efek idonesia selama periode tersebut. dengan menggunakan purposive sampling, diperoleh sebanyak 18 perusahaan dengan total observasi sebanyak 90. penelitian ini menggunakan pendekatan kuantitatif untuk menguji pengaruh antar variabel yang diteliti. data yang digunakan berupa data sekunder yang bersumber dari laporan tahunan kemudian dianalisis secara komprehensif dengan menggunakan analisis regresi logistik untuk menguji hipotesis dan diolah menggunakan spss 25. hasil penelitian menunjukkan bahwa foreign debt, firm size, dan growth opportunity secara simultan berpengaruh terhadap keputusan hedging. secara parsial foreign debt tidak berpengaruh terhadap keputusan hedging, sementara firm size berpengaruh positif signifikan terhadap keputusan hedging, dan growth opportunity berpengaruh positif signifikan terhadap keputusan hedging.

This study aims to examine the effect of foreign debt, firm size, and growth opportunity on hedging decisions in state-owned enterprises listed on the Indonesia Stock Exchange during the period 2019-2023. The population in this study includes all state-owned enterprises listed on the Indonesia Stock Exchange during that period. Using purposive sampling, 18 companies were obtained with a total of 90 observations. This study uses a quantitative approach to test the influence between the variables under study. The data used are secondary data sourced from annual reports, which are then comprehensively analyzed using logistic regression analysis to test the hypotheses and processed using SPSS 25. The results of the study indicate that foreign debt, firm size, and growth opportunity simultaneously influence hedging decisions. Partially, foreign debt does not influence hedging decisions, while firm size has a significant positive influence on hedging decisions, and growth opportunity has a significant positive influence on hedging decisions.