@phdthesis{digilib26410, month = {May}, title = {PENGARUH LEVERAGE, LIKUIDITAS DAN PROFITABILITAS TERHADAP KEPUTUSAN HEDGING INSTRUMEN DERIVATIF (STUDI KASUS PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI ISSI 2012- 2015)}, school = {UIN SUNAN KALIJAGA YOGYAKARTA}, author = {NIM. 13390137 LINA LAILATUSSURUR}, year = {2017}, note = {H. MUH. YAZID AFANDI, M.Ag}, keywords = {Leverage, Liquidity, Profitability, Hedging derivative, Logistic Regression}, url = {https://digilib.uin-suka.ac.id/id/eprint/26410/}, abstract = {The greatest risk of international trade transactions is the risk of fluctuations in foreign exchange rates. Changes in foreign currency that unexpected significant impact on the company , therefore the company needs to do a risk management one of which is the hedging derivative instruments. Thisreseach aim to analyze the influence of leverage, liquidity, and profitability on derivatives hedging decision in manufacturing firms in ISSI in 2012 -2015. This research uses secondary data from the annual repot companies. The population in this reseach is manufacturing companies listed on the ISSI 2012- 2015 period. The sampling technique used in this research is purposive sampling method covering 35 companies as samples. The analytical used is the logistic regression analysis which the dependent variabel in categories. The results of this research found that leverage is not significant effect on hedging decision derivative instruments but unpredicted, liquidity has negative significant effect on hedging decision derivative instruments and it is predicted, Profitability has positive significant effect on hedging decision derivative instruments and it is predicted. In general, results were receiving H0. The accuracy data of probability prediction hedging derivatives in the company amounted to 50.9\%. This means 49,1\% is explained by other variables outside of the model.} }