Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri

One of the most phenomena at Initial Public Offering is underpricing. Many theory have explained it, and many reseacher have examined the theory of underpricing. One of the most theory that have explained the phenomena of underpricing is asymmetry information. In this thesis, asymmetry information w...

תיאור מלא

מידע ביבליוגרפי
Main Authors: , Bayu Sindhu Raharja, , Dr. Suad Husnan, MBA
פורמט: Thesis
יצא לאור: [Yogyakarta] : Universitas Gadjah Mada 2012
נושאים:
ETD
_version_ 1826045743762243584
author , Bayu Sindhu Raharja
, Dr. Suad Husnan, MBA
author_facet , Bayu Sindhu Raharja
, Dr. Suad Husnan, MBA
author_sort , Bayu Sindhu Raharja
collection UGM
description One of the most phenomena at Initial Public Offering is underpricing. Many theory have explained it, and many reseacher have examined the theory of underpricing. One of the most theory that have explained the phenomena of underpricing is asymmetry information. In this thesis, asymmetry information will be examined by signals that emerged due to the existing of asymmetry information condition. Several signals that used in this research, only financial leverage that affected underpricing consistenly, either in standardized underpricing model or unstandardized underpricing model. Thereafter, the second phenomena at Initial Public Offering is the declining performance of underpriced stocks. In this thesis found that in the longtime, three years later, the performance of underpriced stocks will be decline sistematically. Longterm performace examined by CAR and BHAR methods.
first_indexed 2024-03-13T22:42:05Z
format Thesis
id oai:generic.eprints.org:100306
institution Universiti Gadjah Mada
last_indexed 2024-03-13T22:42:05Z
publishDate 2012
publisher [Yogyakarta] : Universitas Gadjah Mada
record_format dspace
spelling oai:generic.eprints.org:1003062016-03-04T08:45:52Z https://repository.ugm.ac.id/100306/ Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri , Bayu Sindhu Raharja , Dr. Suad Husnan, MBA ETD One of the most phenomena at Initial Public Offering is underpricing. Many theory have explained it, and many reseacher have examined the theory of underpricing. One of the most theory that have explained the phenomena of underpricing is asymmetry information. In this thesis, asymmetry information will be examined by signals that emerged due to the existing of asymmetry information condition. Several signals that used in this research, only financial leverage that affected underpricing consistenly, either in standardized underpricing model or unstandardized underpricing model. Thereafter, the second phenomena at Initial Public Offering is the declining performance of underpriced stocks. In this thesis found that in the longtime, three years later, the performance of underpriced stocks will be decline sistematically. Longterm performace examined by CAR and BHAR methods. [Yogyakarta] : Universitas Gadjah Mada 2012 Thesis NonPeerReviewed , Bayu Sindhu Raharja and , Dr. Suad Husnan, MBA (2012) Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=56240
spellingShingle ETD
, Bayu Sindhu Raharja
, Dr. Suad Husnan, MBA
Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title_full Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title_fullStr Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title_full_unstemmed Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title_short Fenomena Underpricing dan Kinerja Jangka Panjang Pada Saat IPO: Pengujian Informasi Asimetri
title_sort fenomena underpricing dan kinerja jangka panjang pada saat ipo pengujian informasi asimetri
topic ETD
work_keys_str_mv AT bayusindhuraharja fenomenaunderpricingdankinerjajangkapanjangpadasaatipopengujianinformasiasimetri
AT drsuadhusnanmba fenomenaunderpricingdankinerjajangkapanjangpadasaatipopengujianinformasiasimetri