Pengaruh Cash Flow Volatility, Devidend Per Share, Growth Opportunity, Leverage Ratio, dan Quick Ratio Terhadap Hedging pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia pada Tahun 2018 - 2020

Abstract

The investigation sought to analyze the outcome of Cash Flow Volatility, Dividend Per Share, Growth Opportunity, Leverage Ratio, And Quick Ratio on Hedging in manufacturing companies listed on the Indonesia Stock Exchange in 2018-2020. This research is a type of descriptive analysis research and logistic regression analysis, Population data for this analysis is sourced from 200 manufacturing companies listed on the Indonesia Stock Exchange between 2018 to 2020. Using purposive sampling, this research collected data from 22 sample companies that passed the test, resulting in a total of 66 observations. The source of data for this research comprises the annual financial statements of each sampled company, which can be found on the www.idx.co.id website. The variables related to this study are Cash Flow Volatility, Dividend Per Share, Growth opportunity, Leverage Ratio, and Quick Ratio as independent variables. Hedging as the dependent variable. In this research, the hypothesis is examined through the application of logistic regression. Based on the study's results, it can be inferred that Dividend Per Share, Growth Opportunity, Leverage Ratio, and Quick Ratio have a positive effect on Hedging. Cash Flow Volatility has a negative effect on Hedging.