Lindung Nilai Kontrak Forward Untuk Mengurangi Risiko Eksposur Transaksi

Laporan Keuangan PT Unilever Indonesia Tbk tahun 2023 Kuartal I

  • Agung Pramayuda Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia
  • Siti Hawa Salsabila Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia
  • Nisrina Nur Duriyah Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia
  • Siti Jasmin Aulia Azzahra Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia
  • Indarta Priyana Program Studi Manajemen, Fakultas Ekonomi dan Bisnis, Universitas Informatika dan Bisnis Indonesia
DOI: https://doi.org/10.37278/eprofit.v6i1.822
Keywords: Forward contract, hedging, forward rate, spot rate, exposure

Abstract

Fluctuations in foreign exchange rates are one of the risks that must be faced by companies, especially multinational companies. Many companies use hedging methods when carrying out international trade transactions. The aim of this research is to analyze hedging activities using forward contracts carried out by PT. Unilever Indonesia Tbk, to reduce the risk of transaction exposure. The research method used is descriptive qualitative with secondary data sources. The research results show that one forward contract transaction in the first quarter of 2023 was carried out by PT. Unilever against the USD currency does not fulfill the hedging objective because the forward rate in the agreed contract is higher than the spot rate at the maturity of the contract.

Published
2024-04-30
Issue
Vol 6 No 1 (2024): Economic Professional in Action (E-PROFIT)
Section
Articles

Copyright (c) 2024 Agung Pramayuda, Siti Hawa Salsabila, Nisrina Nur Duriyah, Siti Jasmin Aulia Azzahra, Indarta Priyana

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Authors who publish articles in Economics Professional in Action (E-Profit) agree to the following terms:

  1. Authors retain copyright of the article and grant the journal right of first publication with the work simultaneously licensed under a CC-BY-SA or The Creative Commons Attribution–ShareAlike License.
  2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
  3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).