Jurnal Riset Manajemen dan Bisnis
Vol 7, No 1 (2012): Jurnal Riset Manjemen dan Bisnis

RISIKO KEBANGKRUTAN, PROPORSI HUTANG DAN FENOMENA UNDERPRICINGPADA IPO: STUDI EMPIRIS DI BURSA EFEK INDONESIA

Andreas Arif Kristanto (Unknown)



Article Info

Publish Date
01 Jun 2012

Abstract

The purpose of this study is to examine the effect of bankruptcy risk and debt proportion to undepricing phenomenon in Initial Public Offering. This study analyzes a sample of initial public offfering made of indonesian stock exchange-listed non finance firms over the periode 2001-2010. Date analysis uses multiple regression model. The results show that debt proportion have negative effect on underpricing, while bankruptcy risk shows no such effect. This result consistent with signaling equilibrium phenomenom.Keyswords: underpricing, debt, and bankruptcy risk.

Copyrights © 2012






Journal Info

Abbrev

jrmb

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Focus and Scope Jurnal Riset Manajemen dan Bisnis (p-ISSN: 1907-7343; e-ISSN: 2714-7312) adalah jurnal yang dipublikasikan oleh Fakultas Bisnis Universitas Kristen Duta Wacana yang terbit dua kali setahun (Juli dan Desember). Jurnal ini didedikasikan sebagai sarana untuk berbagi dan diseminasi ...