Agustine, Ivana (2020) Analisis Faktor-Faktor Yang Mempengaruhi Underpricing Saham: Studi Pada Perusahaan Yang Melakukan Initial Public Offering Di Bursa Efek Indonesia Pada Tahun 2016 – 2019. Sarjana thesis, Universitas Brawijaya.
Abstract
Penelitian ini dilakukan untuk menganalisis faktor-faktor yang mempengaruhi underpricing saham, yaitu financial leverage, profitabilitas, reputasi underwriter, persentase penawaran saham, reputasi auditor. Objek dari penelitian ini ialah harga saham perusahaan yang melakukan Initial Public Offering pada tahun 2016 hingga 2019. Setelah melalui proses pengambilan sampel dengan teknik purposive sampling, diperoleh 81 data yang memenuhi kriteria. Data dianalisis menggunakan teknik analisis regresi linier berganda dengan bantuan aplikasi SPSS 25. Hasil pengujian yang dilakukan membuktikan bahwa profitabilitas dan reputasi underwriter secara parsial memiliki pengaruh negatif signifikan terhadap tingkat underpricing saham. Sedangkan variabel independent lainnya seperti financial leverage, persentase penawaran saham serta reputasi auditor tidak memiliki pengaruh signifikan terhadap underpricing saham. Hasil studi ini juga membuktikan bahwa terdapat pengaruh variabel independen secara simultan terhadap variabel dependen.
English Abstract
This study aims to analyze factors that influence stocks underpricing; they are financial leverage, profitability, underwriter reputation, stock offering percentage, and auditor reputation. The object of this study is the stock price of companies making IPO from 2016 to 2019. This research uses purposive sampling method to eliminate the population, resulting in qualified 81 data, which were then analyzed using multiple regression analysis in SPSS 25. This study finds that profitability (ROA) and underwriter’s reputation partially have negative and significant effects on the underpricing. The other independent variables, i.e. (Debt to Equity Ratio, stock offering percentage, and auditor’s reputation) do not have any significant effect on underpricing. This study also proves that all the independent variables simutaneously have a significant effect on underpricing.
Other obstract
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Item Type: | Thesis (Sarjana) |
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Identification Number: | 0520020118 |
Uncontrolled Keywords: | Debt to Equity Ratio, Return On Asset, reputasi underwriter, persentase penawaran saham, reputasi auditor, underpricing. debt to equity ratio, return on asset, underwriter reputation, stock offering percentage, auditor reputation, underpricing. |
Subjects: | 600 Technology (Applied sciences) > 658 General management > 658.1 Organization and financial management > 658.15 Financial management > 658.152 Management of financial operations |
Divisions: | Fakultas Ekonomi dan Bisnis > Akuntansi |
Depositing User: | Nur Cholis |
Date Deposited: | 18 Feb 2021 03:21 |
Last Modified: | 25 Sep 2024 03:19 |
URI: | http://repository.ub.ac.id/id/eprint/183073 |
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