PENGARUH UMUR PERUSAHAAN, UKURAN PERUSAHAAN, PERSENTASE SAHAM YANG DITAWARKAN DAN EARNING PER SHARE TERHADAP UNDERPRICING SAHAM PADA SAAT INITIAL PUBLIC OFFERING DI BURSA EFEK INDONESIA TAHUN 2014-2018
| Main Author: | Asnaini, Hafizatun |
|---|---|
| Format: | Naskah Publikasi NonPeerReviewed Book |
| Bahasa: | eng |
| Terbitan: |
, 2020
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| Subjects: | |
| Online Access: |
http://eprints.uad.ac.id/17643/1/JURNAL%20PUBLIKASI%20HAFIZA-dikonversi%20%281%29.pdf http://eprints.uad.ac.id/17643/ |
Daftar Isi:
- The purpose of this research was to determine: (1) the effect of company age on underpricing, (2) the effect of company size on underpricing, (3) the effect of percentage of share on underpricing, (4) the effect of earning per share on underpricing, (5) the effect of company age, company size, percentage of share, and earning per share on underpricing of the stock at the time of the initial public offering in Indonesian stock exchange on 2014-2018. This research is a quantitative study with a purposive sampling method. The population used in this study is companies that conduct of the initial public offering in Indonesian stock exchange on 2014-2018. The total population obtained is 142 companies. After passing through the purposive sampling stage, 84 research samples were obtained. Data analysis methods used are descriptive statistics, classic asumption tests and multiple linear regression analysis. Based on the results of this study indicate that (1) the effect of company age has no significant effect on underpricing, indicated by a regression coefficient of 0,002, a value of t count 0,042 with a significance value of 0,159>0,05. (2) the effect of company size has no significant effect on underpricing, indicated by a regression coefficient of -0,201, a value of t count -1,143 with a significance value of 0,257>0,05. (3) the effect of percentage of share has a significant positive effect on underpricing, indicated by a regression coefficient of 0,049, a value of t count 2,695 with a significance value of 0,009>0,05. (4) the effect earning per share has no significant effect on underpricing, indicated by a regression coefficient of -0,074, a value of t count -0,516 with a significance value of 0,607>0,05. (5) the effect of company age, company size, percentage of share, and earning per share together have a significant effect on underpricing of share as inicated by the calculated F value of 3,310, a significance level of 0,015<0,05.