TY  - GEN
CY  - UNIVERSITAS LAMPUNG
ID  - eprints31974
UR  - http://digilib.unila.ac.id/31974/
A1  - RIYANTI ARINTIA DIVA, 1311011133
Y1  - 2018/05/18/
N2  - Underpricing merupakan fenomena yang umum terjadi di pasar modal, hal ini telah dibuktikan oleh berbagai penelitian di seluruh dunia. Penelitian ini bertujuan untuk mengetahui faktor-faktor apa saja yang mempengaruhi underpricing pada perusahaan yang melakukan IPO pada periode waktu 2010 -2015. Variabel-variabel yang digunakan dalam penelitian ini adalah reputasi auditor, reputasi underwriter, ukuran perusahaan, umur perusahaan, financial leverage, earning per share, return on assets dan listing delay. Data yang digunakan adalah data sekunder yang diunduh dari situs Bursa Efek Indonesia. Populasi dalam penelitian ini adalah perusahaan yang IPO di Bursa Efek Indonesia tahun 2010-2015. Metode pengambilan sampel yang digunakan adalah purposive sampling, dan diperoleh sebesar 88 sampel perusahaan berdasarkan kriteria. Analisis regresi berganda dengan metode stepwise digunakan untuk menguji hipotesis.

Berdasarkan hasil pengujian variabel ukuran perusahaan, financial leverage, earning per share, return on assets dan listing delay berpengaruh terhadap underpricing. Sedangkan variabel reputasi auditor, reputasi underwriter dan umur perusahaan  tidak  berpengaruh terhadap underpricing. 

Kata kunci: Underpricing, reputasi auditor, reputasi underwriter, ukuran perusahaan, umur perusahaan, financial leverage, earning per share, return on assets dan listing delay

ANALYSIS OF FACTORS AFFECTING UNDERPRICING 
OF INITIAL PUBLIC OFFERING (IPO) IN INDONESIA STOCK EXCHANGE 2013-2015 PERIOD

Underpricing is phenomenon of IPO which often happened in capital market and have been proved by researchers in many countries. This study aims to analyze the things that influence underpricing of companies that conduct an IPO in the period 2010-2015. The variables used in this research are auditors, underwriters, company size, company age, financial leverage, earnings per share, return on assets and delay listings. The data used are secondary data downloaded from the Indonesia Stock Exchange website. Population in this research is company that IPO at Indonesia Stock Exchange year 2010-2015. Sampling method used is purposive sampling, and obtained 88 samples of companies based on criteria. Multiple regression analysis with stepwise method to test hypothesis.

The result of simultaneous research of company size variable, financial leverage, earnings per share, return on asset and listing delay on underpricing. Auditor reputation variables, underwriter reputation and firm age have no effect on underpricing.

                         Keywords :  Underpricing, auditors reputation, underwriter reputation, firm size,  firm age, financial leverage, earning per share, return on assets and listing delay



PB  - FAKULTAS EKONOMI DAN BISNIS
TI  - ANALISIS FAKTOR ? FAKTOR YANG MEMPENGARUHI
 UNDERPRICING SAHAM PADA SAAT INITIAL PUBLIC OFFERING (IPO) DI BURSA EFEK INDONESIA TAHUN 2010 ? 2015


AV  - restricted
ER  -