CD Skripsi
Faktor-Faktor Yang Mempengaruhi Underpricing Dengan Reputasi Underwriter Sebagai Variabel Moderating (Studi Empiris Pada Perusahaan Yang Melakukan Ipo Di Bursa Efek Indonesia Tahun 2016 – 2018)
ABSTRACT
This study conducted aims to examine the effect of proceeds, earning per share, return on equity, financial leverage, and firm size on underpricing with underwriter reputation as a moderating variable in companies conduct initial public offering (IPO) on the Indonesia Stock Exchange.
The population in this study was 108 companies conduct initial public offering (IPO) on the Indonesia Stock Exchange in 2016-2018 so that from this population the amounts of samples are 95 companies that were taken by using purposive sampling method. Data analysis technique used in this study is the Moderated Regression Analysis (MRA) interaction test.
The results showed that proceeds, return on equity, financial leverage, and firm size have a negative effect to underpricing, earning per share does not affect underpricing, underwriter reputation can moderate the effect of proceeds on underpricing, and cannot moderate the effect of earning per share, return on equity, financial leverage, and firm size on underpricing.
Keywords: Underpricing, Proceeds, Earning Per Share, Return on Equity, Financial Leverage, Firm Size, Underwriter Reputation
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