PENGARUH STRUKTUR KEPEMILIKAN DAN STRUKTUR DEWAN TERHADAP TINGKAT UNDERPRICING (Studi Empiris pada Perusahaan yang Initial Public Offerings di Bursa Efek Indonesia Tahun 2013-2017)

HERMAWAN, Fauzan Dicky and SRI , Handayani (2018) PENGARUH STRUKTUR KEPEMILIKAN DAN STRUKTUR DEWAN TERHADAP TINGKAT UNDERPRICING (Studi Empiris pada Perusahaan yang Initial Public Offerings di Bursa Efek Indonesia Tahun 2013-2017). Undergraduate thesis, Fakultas Ekonomika dan Bisnis.

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Abstract

The aim of this study is to examine the effect of corporate governance attributes like ownership concentration, institutional ownership, board size of commissioner, and board independence of commissioner, as independent variable toward the level of underpricing IPOs firm as dependent variable. This study used firm size, ROA, firm age, and auditor reputation as control variable. This study uses secondary data obtained from the Indonesia Stock Exchange (IDX). The population in this study consists of all IPO firm in Indonesia Stock Exchange for the period 2013 - 2017. Sample determined with purposive sampling method. Total sample of this research is 83 companies. This study used multiple regression analysis for hypotheses testing. The results of this study show that the size of the board of commissioners and board independence of commissioner have significant negative effect on the level of underpricing IPOs firm. This research also shows that the ownership concentration and institutional ownership do not have significant effect on the level of underpricing IPOs firm.

Item Type:Thesis (Undergraduate)
Additional Information:Underpricing, IPO, Board Structure, Ownership Structure, Ownership, Corporate Governance, Indonesia
Uncontrolled Keywords:Underpricing, IPO, Board Structure, Ownership Structure, Ownership, Corporate Governance, Indonesia
Subjects:H Social Sciences > H Social Sciences (General)
Divisions:Faculty of Economics and Business > Department of Accounting
ID Code:65945
Deposited By:Mr. Perpustakaan Fakultas Ekonomi
Deposited On:18 Oct 2018 15:29
Last Modified:18 Oct 2018 15:29

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