Record Details

Kondisi Pasar yang Mengalami Underpricing Saham pada Bursa Efek Indonesia

Jihbiz : Journal of Islamic Economy, Finance, and Banking

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Field Value
 
Title Kondisi Pasar yang Mengalami Underpricing Saham pada Bursa Efek Indonesia
Market Conditions Experiencing Underpricing of Shares on the Indonesia Stock Exchange
 
Creator Farida, Nasyiatul
 
Subject Market condition
underwriter reputation
auditor reputation
the company ages
stock underpricing
Kondisi pasar
reputasi underwriter
reputasi auditor
usia perusahaan
underpricing saham
 
Description Tujuan penelitian ini adalah untuk memberikan pembuktian empiris mengenai faktor-faktor kondisi pasar, reputasi penjamin emisi, reputasi auditor, dan umur perusahaan terhadap underpricing saham perusahaan pada saat penawaran umum perdana dilakukan, serta untuk mengetahui faktor-faktor dominan yang mempengaruhi underpricing saham. Sampel penelitian ini adalah 16 perusahaan yang mengalami underpricing saham pada saat penawaran umum perdana saham di Bursa Efek Indonesia tahun 2014-2017. Metode sampel yang digunakan adalah metode purposive sampling. Analisis data yang digunakan dalam penelitian ini adalah metode analisis regresi linier berganda. Hasil regresi linier berganda menyimpulkan bahwa variabel dominan yang mempengaruhi underpricing adalah reputasi underwriter. Hasil penelitian ini menyimpulkan bahwa: secara simultan faktor-faktor yang meliputi kondisi pasar, reputasi underwriter, reputasi auditor, dan pengaruh umur perusahaan terhadap underpricing saham terjadi. Secara parsial, kondisi pasar berpengaruh signifikan terhadap underpricing saham yang terjadi pada perusahaan yang listing di Bursa Efek Indonesia tahun 2014-2017. Sedangkan reputasi underwriter, reputasi auditor, dan umur perusahaan tidak berpengaruh terhadap underpricing saham yang terjadi pada perusahaan yang listing di Bursa Efek Indonesia tahun 2014-2017.
The objective of the research is to give empirical prove on market condition factors, underwriter reputation, auditor reputation, and the company ages toward company stock underpricing when the initial public offering is done, also to knowing the dominant factors in stock underpricing influences. The sample of this research is 16 companies that realize stock underpricing when the initial public offering was done in the Indonesia stock exchange in 2014-2017. The sampling method used is the purposive sampling method. The data analysis that is used in this research is the multiple regression linear analysis method. The result of multiple regression linear concludes that the dominant variable that influences underpricing is underwriter reputation. The result of this research concludes that: a simultaneous factor that contains a market condition, underwriter reputation, auditor reputation, and the influence of company ages toward stock underpricing occur. In a partial, market condition is significant influential toward stock underpricing occur in a listing company at Indonesia stock exchange in 2014-2017. Whereas underwriter reputation, auditor reputation, and the company ages are not influential toward stock underpricing occur in a listing company at Indonesia stock exchange in 2014-2017.
 
Publisher Universitas Islam Raden Rahmat
 
Date 2018-07-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://ejournal.uniramalang.ac.id/index.php/jihbiz/article/view/774
10.33379/jihbiz.v2i2.774
 
Source Jihbiz : Journal of Islamic Economy, Finance, and Banking; Vol. 2 No. 2 (2018); 171-185
Jihbiz : Jurnal Ekonomi, Keuangan dan Perbankan Syariah; Vol 2 No 2 (2018); 171-185
2807-6028
2549-0397
10.33379/jihbiz.v2i2
 
Language ind
 
Relation https://ejournal.uniramalang.ac.id/index.php/jihbiz/article/view/774/534
 
Rights Copyright (c) 2018 Jihbiz : jurnal ekonomi, keuangan dan perbankan syariah
https://creativecommons.org/licenses/by-nc/4.0