Kajian ini dilakukan guna menguji determinasi leverage terhadap nilai perusahaan dengan kinerja perusahaan sebagai variabel pemoderasi. Kontribusi pada ilmu pengetahuan dalam upaya peningkatan nilai perusahaan diharapkan terwujud dari model dasar kajian ini. Model tersebut diuji pada 17 perusahaan subsektor makanan dan minuman yang terdaftar di Bursa Efek Indonesia (BEI) tahun 2019-2021. Purposive sampling dilakukan sebagai metode dalam penentuan sampel suatu data, serta teknik pendekatan analisis selisih mutlak melalui software SPSS dilakukan untuk mengetahui pengaruh moderasi. Hasil kajian ini menunjukkan bahwa leverage dan kinerja keuangan memiliki pengaruh pada nilai perusahaan, serta efek moderasi kinerja keuangan tidak berpengaruh memperkuat atau melemahkan leverage terhadap nilai perusahaan.

For this study was to analyze the potential of the Gold Dinar as a hedging tool replaces the U.S. Dollar. U.S. Dollar in recent year experienced extreme exchange rate movements so that researchers analyzed the stability of the current compared to Euro that threatening position U.S. Dollar as the worlds major currencies. Stable currency has the accuracy and reliability in an accounting information to make decisions of an organization or company. The data used in this study is secondary data by type of time series. Monthly data from 2003 antil 2012. To determine the stability of each currency, the data obtained should be free from containt of the unit root, has a normal distributed, and constant. The volatility calculation of 0.0408792 (Gold Dinar), 0.0408790 (U.S. Dollar), and 0.040540 (Euro). Volatility is a statiscal measure of the diversion returns for a given security. From the research that has been done, calculation of the Euro states have a low risk of change in value and have a steady rate. With that result, Euro can be reference currency in financial reporting.Keywords: Hedging, U.S. Dollar, Euro, Gold Dinar, Gold, Accounting Information, Financial Reporting.

Technological developments at this time are very advanced in various ways, inviting everyone to find new discoveries, therefore an information processing work system that is fast, precise and accurate is expected to improve service to consumers to achieve goals. MA Miftahul Ulum Ngemplak administration includes payment of Education Development Contribution (SPP), extracurricular money (including: scouts, computers, volleyball and drum bands) and Intra-School Student Organization (OSIS) money up to the preparation of financial reports every day, every month to every years to be reported to interested parties, such as the school treasurer, principal and head of the foundation, and all these payments are still recorded manually. This system has a weakness, namely in terms of recording school administration payments it is less effective because it has to record in triplicate, namely on student payment cards, daily data payment report books, and monthly data payment report books, as well as the process of finding data and submitting student payment reports is not fast. With the existence of a system, it is hoped that later the design can assist in the transaction process for paying tuition fees, UTS, UAS and all expenses at MA Miftahul Ulum Ngemplak, besides being able to produce software applications that aim to increase productivity and support facilities in administrative activities, especially tuition payments. , UTS, UAS and expenditure transactions at MA Miftahul Ulum Ngemplak and the recording process becomes more effective because recording is only once during the school financial administration payment process and speeds up the process of searching for data and submitting school financial administration payment reports

Tujuan dari penelitian ini: 1). Mengetahui dan menganalisis pengaruh Likuiditas terhadap Kebijakan Dividen, 2). Mengetahui dan memganalisis pengaruh Free Cash Flow terhadap Kebijakan Dividen, 3). Mengetahui dan menganalisis pengaruh Debt to Equity terhadap Kebijakan Dividen, 4). Mengetahui dan menganalisis pengaruh Earning Per Share terhadap Kebijakan Dividen. Populasi dalam penelitian ini adalah seluruh data perusahaan pertambangan yang terdapat di Bursa Efek Indonesia (BEI) tahun 2015 sampai dengan tahun 2020, sebanyak 47 perusahaan (282 data). Penelitian dilakukan secara sampling, dengan teknik purposive sampling, diperoleh sempel sebanyak 96 data. Teknik analisis yang digunakan regresi linier berganda. Hasil penelitian dapat disimpulkan bahwa: 1). Likuiditas berpengaruh terhadap Kebijakan Dividen, 2). Free Cash Flow berpengaruh terhadap Kebijakan Dividen 3). Debt to Equity Ratio berpengaruh terhadap Kebijakan Dividen, 4). Earning Per Share berpengaruh terhadap Kebijakan Dividen.