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...
Main Authors: | , |
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פורמט: | Thesis |
יצא לאור: |
[Yogyakarta] : Universitas Gadjah Mada
2012
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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 |