FAKTOR-FAKTOR YANG MEMPENGARUHI UNDERPRICING: PENDEKATAN METODA REGRESI LOGISTIK
Abstract: This study aimed to
analyze the factors
opportunities that compared to its reference to underpricing of firms
that do an initial public offering (IPO) on the Jakarta Stock Exchange. Factors
that are analyzed is: the use of the auditor that does not include the group
Big Four auditors, the use of underwriters that are not prestigious, the use of
double declining balance depreciation methods, the total percentage of shares
still held by former stockholders of more than 70%, and the age of company that
under 120 months. The sample companies used in this study are companies that do
an IPO on the Indonesia Stock Exchange in the year 1997 till 2002. Statistical
testing technique used is logistic regression. The results showed that there was
no difference between groups or
individual variable, have
the same opportunities
on the occurrence of underpricing
when compared with its reference.
Keywords: IPO, underpricing,
logistic regression
Penulis: INDRA ARIFIN DJASHAN
dan ARYA PRADIPTA
Kode Jurnal: jpakuntansidd120111
