Pengaruh Ketakutan Investor Akibat Covid-19 Terhadap Underpricing dan Performa Perusahaan yang Melakukan Initial Public Offering di Bursa Efek Indonesia pada Periode Pandemi COVID-19

Deskripsi

This study aims to analyze the effect of fear arising from the COVID-19 pandemic on the short-term and long-term performance of companies that have just conducted IPO. This study uses two types of data, cross-sectional and panel with a sample of 90 companies that have recently IPOs and 182 companies that have been listed on the Indonesia Stock Exchange starting from 2017. The research method in this study uses a baseline and random effect model. This study shows that the effect of fear of COVID-19 is negatively significant on underpricing and the stock movement of companies that have recently IPOs is quite sensitive to COVID-19.Ada Tabel