LEVERAGE, COMPANY SIZE AND RETURN ON ASSETS (ROA) ON UNDERPRICING IN INITIAL PUBLIC OFFERING (IPO) COMPANIES
DOI:
https://doi.org/10.31000/combis.v5i2.8412Abstrak
Tujuan dari penelitian ini adalah untuk mengetahui pengaruh leverage, ukuran perusahaan serta return on assets (ROA) terhadap underpricing secara parsial dan bersama – sama pada Perusahaan Non Perbankan yang melakukan initial public offering (IPO) di Bursa Efek Indonesia (BEI). Periode penelitian yang digunakan adalah 5 tahun yaitu periode 2012 – 2016. Populasi penelitian meliputi semua perusahaan yang melakukaninitial public offering(IPO) di Bursa Efek Indonesia periode 2012 – 2016. Teknik pengambilan sampel menggunakan teknik purposive sampling. Berdasarkan kriteria yang telah ditetapkan diperoleh jumlah sampel41 perusahaan. Jenis data yang digunakanadalah data sekunder yang diperoleh dari situs Bursa Efek Indonesia. Metode analisis data yang digunakan adalah analisis regresi linear berganda. Hasil penelitian menunjukkan bahwa leverage berpengaruh positif terhadap underpricing dengan nilai signifikan 0.0157, ukuran perusahaan tidak berpengaruh terhadap underpricing dengan nilai signifikan 0.1883 dan ROA memiliki pengaruh negatif terhadap underpricing dengan nilai signifikan 0.0136.
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Kata Kunci: Leverage, Ukuran Perusahaan, Return On Assets, Underpricing, IPO
Referensi
Sugiyono, 2015. Metode Penelitian Kualitatif, Kuantitatif dan R&D. Bandung: Alfabeta.
Wulandari, Afifah 2012. Analisis Faktor – Faktor yang Mempengaruhi Tingkat Underpricing Pada Penawaran Umum Perdana (IPO), Jurnal Akuntansi Universitas Diponegoro (2012)
Evelina, Nela, dkk. 2012. Pengaruh Citra Merek, Kualitas Produk, Harga, dan Promosi terhadap Keputusan Pembelian Kartu Perdana Telkom Flexi. Diponegoro Journal of Social and Politic. Hal. 1-11.
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