ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT UNDERPRICING PADA PENAWARAN UMUM PERDANA (IPO) (Studi Kasus Pada Perusahaan Go Publik Yang Terdaftar di Bursa Efek Indonesia Tahun 2006-2010)

WULANDARI, Afifah and HARYANTO, Mulyo (2011) ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI TINGKAT UNDERPRICING PADA PENAWARAN UMUM PERDANA (IPO) (Studi Kasus Pada Perusahaan Go Publik Yang Terdaftar di Bursa Efek Indonesia Tahun 2006-2010). Undergraduate thesis, Universitas Diponegoro.

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Abstract

The underpricing phenomenon often occurs in the companies that made an Initial Public Offering (IPO). Data from the Indonesia Stock Exchange, during the period 2006 through 2010, shows that there were 77 companies from 88 companies were undervalue in initial public offering. Therefore, the problem in this research is: "What are the factors that can affect the underpricing phenomenon in most of the stock prices of companies that do an IPO?". There are five variables which as Debt to Equity Ratio, Return On Assets, company size, company age, and number of shares offered that selected in this study. Basically, the purpose of this study is to determine what factors are affecting underpricing at the company that made IPO in Indonesia Stock Exchange. This research was conducted with a purposive sampling method against 70 companies that made an initial public offering (IPO) on the Indonesian Stock Exchange in the period 2006-2010. Analysis of data obtained with quantitative analysis. This study using multiple linear regression analysis. The results of this study indicate that the DER and Offer has a positive effect on Underpricing, while ROA, Age, and Size has a negative effect on underpricing.

Item Type:Thesis (Undergraduate)
Additional Information:Underpricing, Debt to Equity Ratio, Return On Assets, company size, company age, number of shares offered
Uncontrolled Keywords:Underpricing, Debt to Equity Ratio, Return On Assets, company size, company age, number of shares offered
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Management
ID Code:28957
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:08 Aug 2011 08:34
Last Modified:08 Aug 2011 08:34

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