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Journal : Jurnal Ekonomi

FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT UNDERPRICED SAHAM PERDANA PADA PERUSAHAAN GO PUBLIC YANG TERDAFTAR DI BURSA EFEK INDONESIA Yusbardini, Yusbardini; Christine, Christine
Jurnal Ekonomi Vol 15, No 3 (2010): November 2010
Publisher : Fakultas Ekonom dan Bisnis, Universitas Tarumanagara

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.24912/je.v15i3.177

Abstract

actions by the company in conducting an initial public offering or initial public offering (IPO) is an attempt to obtain new funding sources to finance the company’s activities, expansion or other investment activities. Price IPO at the IPO is determined upon agreement between the issuer with an underwriter. But in setting the IPO price and information asymmetry sometimes arise between the interests of both parties. From the side of the underwiters, they have information that is more diverse than the issuer so that the underwriter is a big chance. This study aimed to identify factors that predicted the factors influencing the level of underpriced in the IPO pricing at the time of initial public offering (IPO), either partially or in companies that go public in Indonesia Stock Exchange (IDX) during the period 2004-2007. The sample taken is a company listed on the Stock Exchange from 2004-2007 and had underpriced. The number of sample that meet the criteria there are 34 companies. To obtain the information needed to process data collection through the documentation. The hypotesis was tested with multiple linear regression model. From the results of a study of 34 sample companies, indicating that the four factors above, there is no single factor effecting the level of underpriced IPO firms go public during the period 2004-2007 is partially or simultaneously. Suggested authors for future research should increase research time so that samples taken will be more and add another variable to be tested in the can from the company’s prospectus.
Co-Authors Agustin Dwi Syalfina Al Faruq, Muhammad Ariq Albar, Husnul Fuad Andi Fatmawati Syamsu Andri Irfan Rifai Anna Veronica Pont Ardhiawan, Nicolas Raditya Azmi Harahap, Taufiq Beby Karina Fawzeea Sembiring Beraya, Fransiska Millenia A L B Christanto, Henoch Juli Darius Andana Haris Dessy Agustiany Dian Tauriana, Dian Djaja, Benny Drastyana, Serlly Frida Ellen Fajrillah Kolomboy Fanny Fanny Fitri, Geyzka Syalwa Gema Florencia, Carla Fransiska Fransiska Govanny, Jocelyn Listo Hamdi, Tasrif Hamid, Mey Lina Hana, Gressia Hananta, Juninho Yudistira Handayani, Susanty Hanum Sasmita hasyim, hasyim Hiuredhy, Davin Kurnia Hutasoit, Apren Halomoan I Gede Agus Widyadana I Nyoman Sutapa I Wayan Supetran, I Wayan Incharisma, Maria Jamhari Jamhari Jeanny Pragantha Jimmy, So Yohanes Junaidi Junaidi Kadar Ramadhan Kartika, Ria Chandra Kristiawanto, Kristiawanto Kusumatriawan, Ardhiel Junico A L. Lisnawati Linda Santioso Luh Putu Ratna Sundari Masyfufah, Lilis Mercy Joice Kaparang, Mercy Joice Muchtaridi Muchtaridi Muda Situmorang, Iskandar Mustafa Ndama, Metrys Nizwan Zukhri Novianti, Siti Nudji, Bambang Nur Aini Nuradji, Sugeng Nurfatimah Nurfatimah Nuryanah, Siti Pangestuti, Patricia Aurelia U Patricia, Rachael Pebriani, Fathia Politon, Fellysca Politon, Fellysca V. M. Prihartanti, Niken Grah Prio Utomo Putri, Ahir Diana Respito, Andi Saputra, Darman Simbolon, Angelita Rogabe T Situmorang, Syafrizal Helmi Sri Hartini Stephen Aprius Sutresno, Stephen Aprius Subagyo, Indro Sunuh, Herlina Sutha, Diah Wijayanti Syafrizal Helmi Situmorang Tabita, Skolastika Gadis Tahjoo, Anastina Teepapal, Tanawat Tiadoraria br. Ginting, Litka Titin Wahyuni Ulya Firza, Syafira Utin, utin Kasma Widiastiani, Nindry Sulistya Yovie Ernanda yusbardini, yusbardini Zainul, Zainul Zainumi, Cut Meliza Zulkifli, Nathratul Ayeshah Binti