Inten Palupi, 13.05.52.0180
Unknown Affiliation

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

FAKTOR-FAKTOR YANG MEMPENGARUHI UNDERPRICING SAHAM PADA PENAWARAN UMUM PERDANA DI BURSA EFEK INDONESIA TAHUN 2012-2015 Inten Palupi, 13.05.52.0180; Poerwati, Rr. Tjahjaning
Students' Journal of Accounting and Banking Vol 6 No 1 (2017): Vol. 6 No. 1 Edisi April 2017
Publisher : Students' Journal of Accounting and Banking

Show Abstract | Download Original | Original Source | Check in Google Scholar

Abstract

This study aimed to examine the effect of underwriter’s reputation, corporate profitability (ROA), financial leverage (DER), firm’s scale and firm’s age on the level of underpricing with the case study companies on the Stock Exchange Indonesia periode from 2012 to 2015. The research used purposive sampling method . Secondary datas were used and obtained from the Indonesian Stock Exchange by using Multiple Regression analysis testing to prove the research’s hypothesis. The results shows that the underwriter's reputation, corporate profitability (ROA), and financial leverage (DER) affected the underpricing negatively. The scale of companies affected on the level of underpricing positively and the firm’s age do not significantly affected the level of underpricing.Keywords: Underpricing, Underwriter’s Reputation, Corporate Profitability (ROA), Financial Leverage (DER), Firm’s Scale and Firm’s Age