Studi Empiris Tingkat Underpricing pada Initial Public Offering
At Initial Public Offering (IPO), underpricing still happened. This is due to asymmetric information between firms and underwriters. This research to analyze accounting factors and non-accounting factors which affect the level of underpricing. This research is quantitative research with regression...
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| Format: | Article |
| Language: | English |
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University of Brawijaya
2015-12-01
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| Series: | Jurnal Akuntansi Multiparadigma |
| Subjects: | |
| Online Access: | http://jamal.ub.ac.id/index.php/jamal/article/view/428/pdf |
| _version_ | 1818620803672965120 |
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| author | Daniel Sugama Stephanus |
| author_facet | Daniel Sugama Stephanus |
| author_sort | Daniel Sugama Stephanus |
| collection | DOAJ |
| description | At Initial Public Offering (IPO), underpricing still happened. This
is due to asymmetric information between firms and underwriters. This research to analyze accounting factors and non-accounting factors which affect the level of underpricing. This research is quantitative research with regression analysis. The datas of this research are companies which did an IPO in 2010 – 2014. Accounting factors are ROA, DER, CR, and SIZE. Non-accounting factors are OFFER, AGE, auditor’s reputation, and underwriter’s reputation. Results showed that only underwriter’s reputation affects underpricing. This indicates that underwriter’s reputation is very important for firms to reduce underpricing in an IPO. |
| first_indexed | 2024-12-16T17:59:11Z |
| format | Article |
| id | doaj.art-49b23363753b4437abdf9ee9e0700ab5 |
| institution | Directory Open Access Journal |
| issn | 2086-7603 2089-5879 |
| language | English |
| last_indexed | 2024-12-16T17:59:11Z |
| publishDate | 2015-12-01 |
| publisher | University of Brawijaya |
| record_format | Article |
| series | Jurnal Akuntansi Multiparadigma |
| spelling | doaj.art-49b23363753b4437abdf9ee9e0700ab52022-12-21T22:22:05ZengUniversity of BrawijayaJurnal Akuntansi Multiparadigma2086-76032089-58792015-12-0163493503Studi Empiris Tingkat Underpricing pada Initial Public OfferingDaniel Sugama Stephanus0Universitas Ma ChungAt Initial Public Offering (IPO), underpricing still happened. This is due to asymmetric information between firms and underwriters. This research to analyze accounting factors and non-accounting factors which affect the level of underpricing. This research is quantitative research with regression analysis. The datas of this research are companies which did an IPO in 2010 – 2014. Accounting factors are ROA, DER, CR, and SIZE. Non-accounting factors are OFFER, AGE, auditor’s reputation, and underwriter’s reputation. Results showed that only underwriter’s reputation affects underpricing. This indicates that underwriter’s reputation is very important for firms to reduce underpricing in an IPO.http://jamal.ub.ac.id/index.php/jamal/article/view/428/pdfInformasi AsimetrisInitial Public OfferingUnderpricingfaktor akuntansifaktor non akuntansi |
| spellingShingle | Daniel Sugama Stephanus Studi Empiris Tingkat Underpricing pada Initial Public Offering Jurnal Akuntansi Multiparadigma Informasi Asimetris Initial Public Offering Underpricing faktor akuntansi faktor non akuntansi |
| title | Studi Empiris Tingkat Underpricing pada Initial Public Offering |
| title_full | Studi Empiris Tingkat Underpricing pada Initial Public Offering |
| title_fullStr | Studi Empiris Tingkat Underpricing pada Initial Public Offering |
| title_full_unstemmed | Studi Empiris Tingkat Underpricing pada Initial Public Offering |
| title_short | Studi Empiris Tingkat Underpricing pada Initial Public Offering |
| title_sort | studi empiris tingkat underpricing pada initial public offering |
| topic | Informasi Asimetris Initial Public Offering Underpricing faktor akuntansi faktor non akuntansi |
| url | http://jamal.ub.ac.id/index.php/jamal/article/view/428/pdf |
| work_keys_str_mv | AT danielsugamastephanus studiempiristingkatunderpricingpadainitialpublicoffering |