FAKTOR-FAKTOR YANG MEMPENGARUHI UNDERPRICING SAHAM PADA PERUSAHAAN IPO DI BEI PERIODE 2007-2011
Abstract: This
research tries to
examine the influence
of financial variables (DER,
ROE, and firm’s
size) and non-financial
variables (firm’s age, underwriter’s reputations, auditor’s reputations and
the use of IPO
funds for investment)
on underpricing. Underpricing
is measured using the method of
initial return (IR). The sample
for this research are 78
companies that listed
in Indonesia Stock
Exchange from 2007-2011 as the sample for this research. Purposisve
sampling method were used topic the samples of this research. The analytical methods used
in this research
were multiple regression.
The results of this
study showed variable
auditor’s reputations have negative effect on
underpricing. Variables DER, ROE, firm’s size, firm’s age, underwriter’s
reputations and the use of IPO funds for investment do not affect the
underpricing.
Penulis: SHOVIYAH NUR AINI
Kode Jurnal: jpmanajemendd130938
