PENGARUH REPUTASI UNDERWRITER, UKURAN PERUSAHAAN, JENIS INDUSTRI, DAN GOOD CORPORATE GOVERNANCE TERHADAP UNDERPRICING PADA PERUSAHAAN IPO DI BURSA EFEK INDONESIA

Abstract

This study aims to understand the effects of underwriter reputation, firm size, type of industry, good corporate governance on underpricing. It"™s kind of quantitative research. The population in this study is company do initial public offering in Indonesia Stock Exchange. Based on purposive sampling techniques, 190 companies or 190 research samples were obtained. The data was collected from the Indonesian Stock Exchange, yahoo finance, and idn financial websites. The analysis techniques used are multiple linear regression, descriptive analysis, classical assumption test, coefficient of determination test, simultaneous test (F test), and partial test (T test). Based on the results of data analysis, underwriter reputation and number of commissioners is significant negative effect on underpricing, type of industry is significant positive effect on underpricing, while firm size, and number of independent commissioners have no effect on underpricing.

Keywords: Underwriter Reputation, Firm Size, Type of Industry, Good Corporate Governance, and Underpricing.