PENGARUH BOARD SIZE, BOARD INDEPENDENCE, INSTITUTIONAL OWNERSHIP, DAN OWNERSHIP CONCENTRATION TERHADAP UNDERPRICING SAHAM (STUDI PADA PERUSAHAAN YANG MELAKUKAN IPO TAHUN 2013-2016)

MERI INDAH WAHYUNI, . (2017) PENGARUH BOARD SIZE, BOARD INDEPENDENCE, INSTITUTIONAL OWNERSHIP, DAN OWNERSHIP CONCENTRATION TERHADAP UNDERPRICING SAHAM (STUDI PADA PERUSAHAAN YANG MELAKUKAN IPO TAHUN 2013-2016). Sarjana thesis, UNIVERSITAS NEGERI JAKARTA.

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Abstract

Penelitian ini bertujuan untuk menguji pengaruh Pengaruh Board Size, Board Independence, Institutional Ownership, dan Ownership Concentration terhadap Underpricing Saham. Penelitian ini menggunakan data sekunder dengan populasi seluruh perusahaan yang melakukan IPO di BEI tahun 2013-2016. Berdasarkan uji hasil analisis regresi linear berganda yang dilakukan, maka dapat disimpulkan bahwa board size dan board independence berpengaruh negatif dan signifikan terhadap underpricing saham IPO, sedangkan institutional ownership, dan ownership concentration tidak berpengaruh terhadap underpricing saham IPO. Implikasi penelitian ini menjelaskan bahwa penerapan good corporate governance dalam perusahaan merupakan sinyal positif perusahaan untuk mengurangi penentuan harga rendah saat IPO kepada investor. This research aims to examine the effect of board size, board independence, institutional ownership, and ownership concentration. This research used secondary data with the population of all companies which doing IPO in the Indonesian Stock Exchange period 2013-2016. From the analysis performed in this research, it can be concluded that board size and board independence has a negative and significant influence towards underpricing. While institutional ownership, and ownership concentration have not influence towards underpricing. The implication of this study showed that the implementation of corporate governance can reduce the determination of discount rate that used by the company as signal of firm quality to investor an IPO.

Item Type: Thesis (Sarjana)
Additional Information: 1) Dr. I Gusti Ketut Agung Ulupui, M.Si, Ak, CA 2) Marsellisa Nindito, SE, Akt, M.Sc, CA
Subjects: Ilmu Sosial > Perdagangan > Akuntansi
Divisions: FE > S1 Akuntansi
Depositing User: sawung yudo
Date Deposited: 17 Mar 2022 01:47
Last Modified: 17 Mar 2022 01:47
URI: http://repository.unj.ac.id/id/eprint/24710

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