FAKTOR-FAKTOR YANG MEMPENGARUHI UNDERPRICING SAHAM PADA IPO DI BURSA EFEK INDONESIA (BEI) TAHUN 2018-2022
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Abstract
Share, and Company Size on Underpricing of Shares in Initial Public Offerings (IPO) with DER as a Moderating
Variable on the Indonesia Stock Exchange (BEI) 2018-2022. This type of research is quantitative research. The type
of data in this research is secondary data. The samples in this study were companies that experienced share
underpricing during the Initial Public Offering (IPO) on the Indonesia Stock Exchange during 2018-2022. The
sampling technique uses purposive sampling. Data analysis in this research is multiple linear regression analysis,
which is processed using SPSS version 26 software. The results obtained in this study indicate that Auditor
Reputation has a negative and significant effect on Stock Underpricing, Earning per Share has a negative and
significant effect on Stock Underpricing, Company Size has a negative and significant effect on Stock Underpricing,
DER is unable to moderate the influence of Auditor Reputation on Stock Underpricing, DER is unable to moderate
the influence of Earning per Share on Share Underpricing, and DER is unable to moderate the influence of
Company Size on Share Underpricing.
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