Faktor – Faktor Yang Mempengaruhi Initial Public Offering Underpricing

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Published: Jul 31, 2022
DOI: https://doi.org/10.24912/jpa.v4i3.19738
Keywords:
Underpricing, Reputasi Auditor, Intellectual Capital Disclosure, Profitabilitas, Leverage.

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Adrian Hartadi Laurus
Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta
Herlin Tundjung Setijaningsih
Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

Abstract

This research was conducted to analyze the influence of the Auditor's Reputation, Intellectual Capital Disclosure, Profitability and Leverage on IPO Underpricing. The data used in this study were taken from the company's prospectus at the time of the initial public offering which was available on the Indonesia Stock Exchange website. There are 70 samples tested, consisting of companies that made initial public offerings in the 2017-2019 period. The sample data collection technique used purposive sampling. The data were processed using statistical analysis tools, Statistical Package for the Social Sciences (SPSS) ver 25.0. Multiple linear analysis is used to test the hypothesis. The results of this study found that only Auditor's Reputation and Profitability had a significant negative effect on IPO Underpricing, while Intellectual Capital Disclosure and Leverage had a positive and insignificant effect on IPO Underpricing.

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Vol. 4 No. 3 (2022): Juli 2022
Section
Articles
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Author Biographies

Adrian Hartadi Laurus, Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

adrianlaurus14@gmail.com

Herlin Tundjung Setijaningsih, Fakultas Ekonomi dan Bisnis Universitas Tarumanagara Jakarta

HerlinTundjungSetijaningsih@gmail.com

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