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Analisis variabel-variabel yang mempengaruhi tingkat underpricing pada perusahaan-perusahaan sektor non-keuangan yang melakukan IPO di Bursa Efek Indonesia periode 2003 -2009
This thesis is aim to obtain the level of underpricing happened in Indonesia?s stock market for period 2003-2009 and analyze which variables effecting underpricing. This thesis uses non-financial firms as a sample. Independent variables used in this thesis are ROA, reputation of underwriter, reputation of auditor, industrial type, and rate of foreign currency. Multiple regressions model is used to test relationship between dependent and independent variables. The result of this thesis proves that underpricing phenomenon happened at rate 36.15% in Indonesia for period 2003-2009. This rate shows the average of stock closing price at secondary market is 36.15% higher than offering price at non-financial firms did IPO for period 2003-2009. Reputation of underwriter, reputation of auditor, and industrial type are the only variables that significantly correlated to underpricingAda tabel
Call Number | Location | Available |
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7033 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok Progran Studi Departemen Ilmu Manajemen Fakultas Ekonomi Universitas Indonesia., 2010 |
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Edisi | - |
Subjek | Share valuation Multiple regression analysis Share prices IPO Underpricing Initial publik offerings |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xv, 90 p. :il. ; 30 cm & lamp |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |