Abstract :
This study aimed to analyze and prove the effects of information asymmetry to underpricing which happens to companies that do an initial public offering ( IPO ) on Indonesia Stock Exchange(BEI). The sample in this research are companies performing IPO of the year 2013 to 2015. Purposive sampling method used in selecting the sample in this study, and obtained a total of 55 sample. Testing the hypothesis in this study using simple regression analysis and that the results be obtained, there is no influence to underpricing of information asymmetry. With such results, the company may consider other factor for registering in the capital market .
Keywords: Underpricing, information asymmetry, initial return, bid ask spread.