Pengaruh Managerial Ability Dan Growth Opportunity Terhadap Initial Return Di BEI

Alamsyah, Yudhistira Fajar (2018) Pengaruh Managerial Ability Dan Growth Opportunity Terhadap Initial Return Di BEI. Sarjana thesis, Universitas Brawijaya.

Abstract

Peneilitian ini bertujuan untuk menguji pengaruh mangerial ability dan growth opportunity terhadap initial return, dengan variabel kontrol umur perusahaan dan profitabilitas. Sampel dari penelitian ini adalah perusahaan sektor non keuangan yang melakukan IPO di BEI di tahun 2012-2017 sebanyak 73 perusahaan. Penelitian ini menggunakan Data Envelopment Analysis (DEA) untuk mengukur managerial ability, dan growth opportunity dikukur menggunakan rasio CAPBVA. Hasil penelitian ini menunjukkan bahwa managerial ability dan umur perusahaan tidak mempunyai pengaruh terhadap initial return. Sedangkan untuk growth opportunity dan profitabilitas memiliki pengaruh negatif terhadap initial return. Hal ini mengandung implikasi agar pihak perusahaan lebih memperhatikan aspek growth opportunity dan profitabilitas perusahaan saat akan melakukan IPO agar mendapatkan dana yang maksimal dari hasil penjualan saham.

English Abstract

This research aims to examine the effect of managerial ability and growth opportunity on initial return, with firm age and profitabilityas control variable. Research sample is nonfinancial company IPO on the Indonesia Stock Exchange in 2012-2017 as many as 73 companies. This research used Data Envelopment Analysis (DEA) to measure managerial ability, and Growth opportunity were measured by CAPBVA. The results of this research showed managerial ability and firm age has no effect on initial return. While Growth opportunity and Return on asset have a negatif effect to initial return. This has implications for the company more attention to the growth opportunity and profitability aspects when will launching an IPO in order to get maximum funds from the sale of stock.

Other obstract

-

Item Type:	Thesis (Sarjana)
Identification Number:	SKR/FE/2018/489/Yudhistira Fajar Alamsyah
Uncontrolled Keywords:	Managerial ability, Growth opportunity, initial return, underpricing, umur perusahaan, return on asset Managerial ability, Growth opportunity, initial return, underpricing, firm age, return on asset
Subjects:	600 Technology (Applied sciences) > 658 General management > 658.4 Executive management > 658.409 Personal aspects of executive management > 658.409 4 Personal characteristics of executives
Divisions:	Fakultas Ekonomi dan Bisnis > Akuntansi
Depositing User:	Budi Wahyono Wahyono
Date Deposited:	14 Apr 2020 14:11
Last Modified:	16 Oct 2021 06:55
URI:	http://repository.ub.ac.id/id/eprint/166699

Text Yudhistira Fajar Alamsyah.pdf Restricted to Registered users only Download (16MB)

Actions (login required)

View Item