COMPARISON OF NATURAL HEDGES FROM DIVERSIFICATION AND DERIVATIVE INSTRUMENTS AGAINST COMMODITY PRICE RISK: A CASE STUDY OF PT. ANEKA TAMBANG, TBK.
Antam is a mining company in which most of its revenues come from the sales of diversified commodities, namely ferronickel (36.5% of total revenues in 2011), nickel ore (24.1%), gold (36.0%), silver (2.7%), and coal (0.8%). With the trend of declining nickel price in 2012, more than half of the comp...
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Format: | Theses |
Language: | Indonesia |
Online Access: | https://digilib.itb.ac.id/gdl/view/18318 |
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Institution: | Institut Teknologi Bandung |
Language: | Indonesia |