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Analisis faktor-faktor yang mempengaruhi underpricing pada perusahaan yang melakukan IPO di BEI
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Institusion
Universitas Katolik Musi Charitas
Author
Valensia, Elisabeth
Subject
H Social Sciences (General) 
Datestamp
2020-06-29 07:57:10 
Abstract :
This study aims to examine the factors that influence the level of underpricing of the firms that conducted an IPO on the Indonesia Stock Exchange (IDX). The population in this study is that the company IPO on the Indonesia Stock Exchange (BEI) in the year 2008-2012. The sample set by using purposive sampling method. The study sample was obtained by 75 companies. Hypothesis testing using multiple regression analysis with SPSS ver 20.0. The results show that the first hypothesis (H1) which states that the size of the company's negative effect on underpricing, rejected. The second hypothesis (H2) which states that the ROE negative effect on underpricing, rejected. The third hypothesis (H3) which states that financial leverage negatively affects underpricing, accepted. The fourth hypothesis (H4) stating that negatively affect the reputation of underwriters underpricing, rejected. The fifth hypothesis (H5) which states that the auditor 's reputation negatively affect underpricing, rejected. The sixth hypothesis (H6) that states that the company's age negatively affect underpricing, rejected. 
Institution Info

Universitas Katolik Musi Charitas