FAKTOR-FAKTOR PENENTU KINERJA SAHAM PERUSAHAAN SETELAH PENAWARAN UMUM PERDANA
Abstract: This study
was conducted with
the objective of
identifying and analyze factors
that affect the
stock performance one
year after carrying out
Initial Public Offering.
Stock performance is
measured using the method
of buy and
hold abnormal return
(BHAR). Based research gap, the
independent variables studied were price
earnings ratio, underwriter reputation, firm
size, firm age, book
to market ratio and percentage
of shares offered.
Samples taken in
this study consisted of 95
companies that carry out initial public offerings in the 2007-2011 in
Indonesia Stock Exchange.
Data is analyzed
using multiple regression analysis
techniques. The results
of this study showed
variables price earnings
ratio and percentage
of shares offered have
negative effect on
stock performance. Variables underwriter reputation,
firm size, firm
age and book
to market ratio does not affect the stock performance
one year after implementing the IPO.
Penulis: KHARISMA DITA
Kode Jurnal: jpmanajemendd130935
