Pengaruh Leverage, Financial Distress, Debt to Equity Ratio, Current Ratio dan Ukuran Perusahaan terhadap Keputusan Hedging (Studi pada Perusahaan Sektor Food and Beverages yang Terdaftar di BEI Periode 2017-2021)

Abstract

This research aim to determine the effect of leverage, financial distress, debt to equity ratio, current ratio and firm size toward hedging in food and beverages companies listed on Indonesia Stock Exchange for the year of 2017-2021. The study population of 52 companies listed in Indonesia Stock Exchange. The sampling method used was purposive sampling method and acquired 23 sample companies that met the criteria with 115 observations (5x23). The results show that leverage and firm size have a negative and significant effect on hedging, financial distress and debt to equity ratio have a positive and significant effect on hedging, current ratio doesn’t have effect on hedging.