Daftar Isi:
  • Companies in developing the sustainability of his life need additional capital. Companies acquire capital in two ways namely externally and internally, internally fund companies can come from profits on hold while the company's external funding sources can come from bank debt, spending on debt (bonds), and with funding that is inclusion in the form of shares (equity). Additional funding comes from the capital through the mechanism of participation is generally performed with the company sold shares to the public or often called as go public. The purpose of this research is to know us influence profitability, underwriter reputation, auditor reputation, price earning ratio, and the percentage of shareholders. Type of this research is quantitative secondary data. The sample used, namely the company IPO in 2010 up to 2015 by as much as 74 companies. Results of the study concluded that the profitability, underwriter reputation, auditor reputation, and the prencentage of shareholders have no effect against underpricing, while price earning ratio to underpricing. Key words : Underpricing, Profitability, Underwriter Reputation, Auditor Reputation, Price Earning Ratio, Precentage of Shareholders.