Journal of Accounting Inquiry
Vol. 1 No. 1 (2022)

The Effect of Leverage, Firm Size, Profitability, and Liquidity on Hedging Decisions

Heri Purwanto (Department of Islamic Accounting, Faculty of Islamic Economics and Business, UIN Sunan Kalijaga Yogyakarta)
Rosyid Nur Anggara Putra (Faculty of Islamic Economics and Business, State Islamic University (UIN) Sunan Kalijaga, Yogyakarta)



Article Info

Publish Date
22 Jul 2022

Abstract

Purpose: This study aims to determine the effect of leverage, firm size, profitability, and liquidity on hedging decisions of manufacturing companies listed on the Indonesia Stock Exchange (IDX) Methodology: The sample in this study are 22 manufacturing companies listed on the IDX from 2014 to 2019. This research uses the logistic regression analysis technique. Findings: The results show that the variable leverage, firm size, and profitability have a positive effect and are significant on hedging decisions, while the liquidity variable has no effect on hedging decisions. Novelty: This study continues previous research by using a different population, adding independent variables, and using the manufacturing sector.   Keywords: Leverage, Firm Size, Profitability, Liquidity, Hedging  

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Journal Info

Abbrev

JAI

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Journal of Accounting Inquiry is an open access and peer-reviewed journal published by Fakultas Ekonomi dan Bisnis Islam, UIN Sunan Kalijaga Yogyakarta in collaboration with APSAS. Journal of Accounting Inquiry invites researchers, academics, and practitioners to publish their original, conceptual, ...