ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI UNDERPRICING PADA PENAWARAN UMUM PERDANA (Studi Kasus Pada Perusahaan Non Keuangan yang Go Publik di Bursa Efek Indonesia Tahun 2006-2010)

Main Authors: SARI, Ardhini Yuma, ARFINTO , Erman Denny
Format: Thesis NonPeerReviewed application/pdf
Terbitan: , 2011
Subjects:
Online Access: http://eprints.undip.ac.id/29160/1/Skripsi017.pdf
http://eprints.undip.ac.id/29160/
Daftar Isi:
  • Initial Public Offering (IPO) is activity company in order to public offer of primary share sale. These shares enthused investor because can give initial return. This return indication the happening of share underpricing at primary market when coming on secondary market. Underpricing is conditions which show that stocks price at primary market was more low than secondary market. Intention of this research is to analyse influence variabel-variabel which have an impact to underpricing at non financial companies in Indonesia stock exchange during 2006-2010. the factors were Company Age, Company Size, Offer Size, Earning per Share (EPS), Return On Investment (ROI), and Current Ratio (CR). There were 59 issuer used in study. Analysis was done by using multiple regression. The objective of this research to test the impact of variabel such as Company Age,Company Size, Offer Size, Earning per Share (EPS), Return On Investment (ROI), and Current Ratio (CR) to underpricing. Result of parsial regression analysis for financial sector indicate that Company Size, Return On Investment (ROI), and Current Ratio (CR) having a significant effect to underpricing. While by simultan obtained result of Company Age,Company Size, Offer Size, Earning per Share (EPS), Return On Investment (ROI), and Current Ratio (CR ) have significant effect to underpricing