Jurnal Riset Inspirasi Manajemen dan Kewirausahaan
Vol 2, No 2 (2018): Jurnal Riset Inspirasi Manajemen dan Kewirausahaan

Beberapa Faktor yang Mempengaruhi Underpricing Saham Pada Perusahaan Yang Melakukan Initial Public Offering (IPO) Di Bursa Efek Indonesia

Sri Winarsih Ramadana (Politeknik Kutaraja)



Article Info

Publish Date
01 Sep 2018

Abstract

The purpose of this study is to examine the effect; financial leverage, profitability, underwriter reputation, company age and company size against underpricing of company shares that carried out an initial public offering on the Indonesia Stock Exchange from 2007 to 2013. The data used in this study is cross sectional data, namely prospectus data in the form of annual financial reports company, underwriter data, company age and size issued by the Indonesia Stock Exchange for the period 2007-2013. The data analysis method used is multiple linear regression. Data analysis begins with variable descriptive statistics, classic assumption tests, and hypothesis testing. The results of the research partially show that financial leverage has a positive effect on underpricing, while profitability, the reputation of the underwriter, the age of the company and the size of the company negatively affect underpricing. The results of the study indicate that together (simultaneous) financial leverage, profitability, underwriter reputation, company age and company size influence underpricing.

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Journal Info

Abbrev

JRIMK

Publisher

Subject

Decision Sciences, Operations Research & Management

Description

Jurnal Riset Inspirasi Manajemen dan Kewirausahaan terbit 2 (dua) kali dalam setahun yakni bulan Maret dan bulan September. Jurnal ini diterbitkan oleh Sekolah Tinggi Ilmu Manajemen Indonesia (STIMI) Banjarmasin yang penerbitannya dimulai pada bulan Maret 2017. Tujuan penerbitan Jurnal Riset ...