ASIMETRI INFORMASI DAN UNDERPRICING
The aim of this research is to examine the effect of assymetric information on underpricing. This research used a sample of 63 companies that make initial public offering on the Indonesia Stock Exchange in the period of 2005-2010. The data analysis is using multiple linear regression, which is testi...
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| Format: | Article |
| Language: | English |
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Universitas Negeri Semarang
2013-03-01
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| Series: | Jurnal Dinamika Manajemen |
| Subjects: | |
| Online Access: | http://journal.unnes.ac.id/nju/index.php/jdm/article/view/2419/2472 |
| _version_ | 1818952033927954432 |
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| author | Tety Anggita Safitri |
| author_facet | Tety Anggita Safitri |
| author_sort | Tety Anggita Safitri |
| collection | DOAJ |
| description | The aim of this research is to examine the effect of assymetric information on underpricing. This research used a sample of 63 companies that make initial public offering on the Indonesia Stock Exchange in the period of 2005-2010. The data analysis is using multiple linear regression, which is testing the proxy of asymmetric information which consists of the firm size, the firm age, the proportion of shares offered to the public, underwriter reputation and auditor reputation on underpricing. This research indicates that underwriter reputation and auditor reputation have a significant effect on underpricing. The firm size, the firm age and the proportion of shares offered to the public have no significant effect on underpricing. |
| first_indexed | 2024-12-20T09:43:57Z |
| format | Article |
| id | doaj.art-3d6a235a04d541d2805dc8b77f148173 |
| institution | Directory Open Access Journal |
| issn | 2086-0668 2337-5434 |
| language | English |
| last_indexed | 2024-12-20T09:43:57Z |
| publishDate | 2013-03-01 |
| publisher | Universitas Negeri Semarang |
| record_format | Article |
| series | Jurnal Dinamika Manajemen |
| spelling | doaj.art-3d6a235a04d541d2805dc8b77f1481732022-12-21T19:44:48ZengUniversitas Negeri SemarangJurnal Dinamika Manajemen2086-06682337-54342013-03-014119ASIMETRI INFORMASI DAN UNDERPRICINGTety Anggita SafitriThe aim of this research is to examine the effect of assymetric information on underpricing. This research used a sample of 63 companies that make initial public offering on the Indonesia Stock Exchange in the period of 2005-2010. The data analysis is using multiple linear regression, which is testing the proxy of asymmetric information which consists of the firm size, the firm age, the proportion of shares offered to the public, underwriter reputation and auditor reputation on underpricing. This research indicates that underwriter reputation and auditor reputation have a significant effect on underpricing. The firm size, the firm age and the proportion of shares offered to the public have no significant effect on underpricing.http://journal.unnes.ac.id/nju/index.php/jdm/article/view/2419/2472Initial Public Offering (IPO)Asymmetric InformationUnderpricing |
| spellingShingle | Tety Anggita Safitri ASIMETRI INFORMASI DAN UNDERPRICING Jurnal Dinamika Manajemen Initial Public Offering (IPO) Asymmetric Information Underpricing |
| title | ASIMETRI INFORMASI DAN UNDERPRICING |
| title_full | ASIMETRI INFORMASI DAN UNDERPRICING |
| title_fullStr | ASIMETRI INFORMASI DAN UNDERPRICING |
| title_full_unstemmed | ASIMETRI INFORMASI DAN UNDERPRICING |
| title_short | ASIMETRI INFORMASI DAN UNDERPRICING |
| title_sort | asimetri informasi dan underpricing |
| topic | Initial Public Offering (IPO) Asymmetric Information Underpricing |
| url | http://journal.unnes.ac.id/nju/index.php/jdm/article/view/2419/2472 |
| work_keys_str_mv | AT tetyanggitasafitri asimetriinformasidanunderpricing |