%A NIM.: 17108030015 Yunita Sari %O Pembimbing : Izra Berakon, M.Sc. %T ANALISIS PENGARUH FIRM SIZE, LEVERAGE, LIQUIDITY DAN NILAI TUKAR RUPIAH TERHADAP PENGGUNAAN HEDGING PADA INSTRUMEN KEUANGAN DERIVATIF (STUDI KASUS SEKTOR PERTAMBANGAN YANG TERDAFTAR DI INDEKS SAHAM SYARIAH INDONESIA (ISSI) PERIODE 2015-2019) %X This study aimed to assess the effect of activities hedging with derivative financial instruments by the company's Indonesian Sharia Stock Index in minimizing the risks that occur in international trade, especially the risk of fluctuations in foreign exchange. The research method used logistic regression analysis with a nominal scale (dummy). Sampling with the method of purposive sampling secondary data from the annual financial reports of 28 mining companies listed on the Indonesian Sharia Stock Index (ISSI) for the period 2015 to 2019. Data analysis tools use sOftware Stata 14.0. The results showed that the Firm Size, Leverage has a positive and significant impact on the use of hedging derivative financial instruments. Liquidity has a negative influence significantly to the use of hedging derivative financial instruments, while the variable Exchange has a negative sign and is not significant to the use of protected value of derivative financial instruments. This is because companies that do not hedge are relatively domestic companies, so they tend to avoid the risk of exposure to changes in foreign exchange rates. Engaging in safeguards demonstrates that understanding the importance of minimizing emerging risks. %K Keuangan, Nilai Tukar Rupiah, Manajemen Risiko %D 2021 %I UIN SUNAN KALIJAGA YOGYAKARTA %L digilib43631