KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009
Underperformance is often found during long term performance of Initial Public Offerings. Earlier studies suggest that underperformance happens in Indonesia. This research shows that the interpretation of performance depends on methods used. I�m using data from 2006 until 2012, with samples of com...
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| Format: | Thesis |
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[Yogyakarta] : Universitas Gadjah Mada
2013
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| _version_ | 1797034759567704064 |
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| author | , HIMAWAN INDRA PUTRA SUNARYO , Agus Setiawan, Dr., M.Soc.Sc.,CMA. |
| author_facet | , HIMAWAN INDRA PUTRA SUNARYO , Agus Setiawan, Dr., M.Soc.Sc.,CMA. |
| author_sort | , HIMAWAN INDRA PUTRA SUNARYO |
| collection | UGM |
| description | Underperformance is often found during long term performance of Initial
Public Offerings. Earlier studies suggest that underperformance happens in Indonesia.
This research shows that the interpretation of performance depends on methods used.
I�m using data from 2006 until 2012, with samples of companies in Indonesia
which launched their Initial Public Offering, then I classify those samples in
categories based on their industrial sector. Method used are Wealth Relatives,
Cumulative Abnormal Return, and Buy and Hold Abnormal Return. Using Wealth
Relative, during the research period it is fund that outperformance happened in all of
industrial sector except communication. While there are no significant
underperformance nor outperformance found if Cumulative Abnormal Return and
Buy and Hold Abnormal Return is used as interpretation method. |
| first_indexed | 2024-03-13T23:16:52Z |
| format | Thesis |
| id | oai:generic.eprints.org:127341 |
| institution | Universiti Gadjah Mada |
| last_indexed | 2024-03-13T23:16:52Z |
| publishDate | 2013 |
| publisher | [Yogyakarta] : Universitas Gadjah Mada |
| record_format | dspace |
| spelling | oai:generic.eprints.org:1273412016-03-04T08:38:37Z https://repository.ugm.ac.id/127341/ KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 , HIMAWAN INDRA PUTRA SUNARYO , Agus Setiawan, Dr., M.Soc.Sc.,CMA. ETD Underperformance is often found during long term performance of Initial Public Offerings. Earlier studies suggest that underperformance happens in Indonesia. This research shows that the interpretation of performance depends on methods used. I�m using data from 2006 until 2012, with samples of companies in Indonesia which launched their Initial Public Offering, then I classify those samples in categories based on their industrial sector. Method used are Wealth Relatives, Cumulative Abnormal Return, and Buy and Hold Abnormal Return. Using Wealth Relative, during the research period it is fund that outperformance happened in all of industrial sector except communication. While there are no significant underperformance nor outperformance found if Cumulative Abnormal Return and Buy and Hold Abnormal Return is used as interpretation method. [Yogyakarta] : Universitas Gadjah Mada 2013 Thesis NonPeerReviewed , HIMAWAN INDRA PUTRA SUNARYO and , Agus Setiawan, Dr., M.Soc.Sc.,CMA. (2013) KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009. UNSPECIFIED thesis, UNSPECIFIED. http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=67591 |
| spellingShingle | ETD , HIMAWAN INDRA PUTRA SUNARYO , Agus Setiawan, Dr., M.Soc.Sc.,CMA. KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title | KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title_full | KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title_fullStr | KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title_full_unstemmed | KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title_short | KINERJA JANGKA PANJANG INITIAL PUBLIC OFFERING DI INDONESIA UNTUK PERIODE TAHUN 2006-2009 |
| title_sort | kinerja jangka panjang initial public offering di indonesia untuk periode tahun 2006 2009 |
| topic | ETD |
| work_keys_str_mv | AT himawanindraputrasunaryo kinerjajangkapanjanginitialpublicofferingdiindonesiauntukperiodetahun20062009 AT agussetiawandrmsocsccma kinerjajangkapanjanginitialpublicofferingdiindonesiauntukperiodetahun20062009 |