UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY
The purpose of the research was to analyze and fi nd empirical evidence of underpricing onIPO aftermarket liquidity in the listed companies in Indonesian Stock Exchange. Independent samplet-test and multiple linier regression were used for instrument analysis. Results showed that IPO aftermarketliqu...
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| Format: | Article |
| Language: | English |
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Universitas Merdeka Malang
2017-03-01
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| Series: | Jurnal Keuangan dan Perbankan |
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| Online Access: | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1094 |
| _version_ | 1818559987594559488 |
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| author | Nilmawati Nilmawati |
| author_facet | Nilmawati Nilmawati |
| author_sort | Nilmawati Nilmawati |
| collection | DOAJ |
| description | The purpose of the research was to analyze and fi nd empirical evidence of underpricing onIPO aftermarket liquidity in the listed companies in Indonesian Stock Exchange. Independent samplet-test and multiple linier regression were used for instrument analysis. Results showed that IPO aftermarketliquidity between fi rm with high underpricing and low underpricing were not different.The results also indicated that initial return was positively related to turnover ratio and negativelyrelated to percentage spread (weak effect) by controlling variables such as: size,volume,and risk inshort time. |
| first_indexed | 2024-12-14T00:32:40Z |
| format | Article |
| id | doaj.art-2b59ac622553492589302bacd84a9473 |
| institution | Directory Open Access Journal |
| issn | 1410-8089 2443-2687 |
| language | English |
| last_indexed | 2024-12-14T00:32:40Z |
| publishDate | 2017-03-01 |
| publisher | Universitas Merdeka Malang |
| record_format | Article |
| series | Jurnal Keuangan dan Perbankan |
| spelling | doaj.art-2b59ac622553492589302bacd84a94732022-12-21T23:24:47ZengUniversitas Merdeka MalangJurnal Keuangan dan Perbankan1410-80892443-26872017-03-01133807UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITYNilmawati Nilmawati0Jurusan Manajemen Fakultas Ekonomi UPN “Veteran” Yogyakarta Jl. SWK (Ringroad Utara) Condong Catur Yogyakarta, 55283The purpose of the research was to analyze and fi nd empirical evidence of underpricing onIPO aftermarket liquidity in the listed companies in Indonesian Stock Exchange. Independent samplet-test and multiple linier regression were used for instrument analysis. Results showed that IPO aftermarketliquidity between fi rm with high underpricing and low underpricing were not different.The results also indicated that initial return was positively related to turnover ratio and negativelyrelated to percentage spread (weak effect) by controlling variables such as: size,volume,and risk inshort time.http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1094IPO, underpricing, aftermarket liquidity |
| spellingShingle | Nilmawati Nilmawati UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY Jurnal Keuangan dan Perbankan IPO, underpricing, aftermarket liquidity |
| title | UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY |
| title_full | UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY |
| title_fullStr | UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY |
| title_full_unstemmed | UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY |
| title_short | UNDERPRICING PENGARUHNYA TERHADAP IPO AFTERMARKET LIQUIDITY |
| title_sort | underpricing pengaruhnya terhadap ipo aftermarket liquidity |
| topic | IPO, underpricing, aftermarket liquidity |
| url | http://jurnal.unmer.ac.id/index.php/jkdp/article/view/1094 |
| work_keys_str_mv | AT nilmawatinilmawati underpricingpengaruhnyaterhadapipoaftermarketliquidity |