E-JURNAL AKUNTANSI
Vol 15 No 2 (2016)

PENGARUH UMUR PERUSAHAAN, UKURAN PERUSAHAAN, RETURN ON ASSETS DAN FINANCIAL LEVERAGE PADA UNDERPRICING PENAWARAN UMUM PERDANA

Anom Cahaya Saputra (Fakultas Ekonomi dan Bisnis Universitas Udayana)
I G. N. Suaryana (Fakultas Ekonomi dan Bisnis Universitas Udayana)



Article Info

Publish Date
27 May 2016

Abstract

This study is an empirical study to test the effect of variable age of the firm, company size, return on assets and financial leverage to underpricing of initial public offering on the Indonesian Stock Exchange with the observation period 2010-2013. The samples using purposive sampling technique through certain criteria in order to obtain a sample of 57 companies observations. The analysis technique used in this research is multiple linear regression and hypothesis testing using t-statistic to test the partial regression coefficient and f-statistic to test the feasibility of the research model with a level of significance of 5%. It also made the classic assumption test including normality test, multicollinearity, heteroscedasticity test and autocorrelation test. The analysis showed that the age of the company no effect on underpricing, while the size of the company and the return on assets negative effect on underpricing, and financial leverage positive effect on underpricing.

Copyrights © 2016






Journal Info

Abbrev

akuntansi

Publisher

Subject

Economics, Econometrics & Finance

Description

E-Jurnal Akuntansi covered various research approaches, namely: quantitative, qualitative and mixed-method. E-Jurnal Akuntansi focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Managerial ...