Pengaruh Persentase Penawaran Saham, Current Ratio,Ukuran Perusahaan, Reputasi Auditor, dan Debt To Equity terhadap Tingkat Underpricing Saat Initial Public Offering (IPO) pada Perusahaan yang Terdaftar dibursa Efek Indonesia Tahun 2020

Abstract

This study aims to analyze the effect of the percentage of stock offerings, current ratio, company size, auditor reputation, and debt to equity on the current level of underpricing (initial public offering) in companies listed on the Indonesia Stock Exchange in 2020. This study uses a sampe of companies that are currently conduting initial public offering (IPO) which is listed on the Indonesia Stock Exchange in the period of 2020. There are 51 initial public offering (IPO) companies listed on the Indonesia Stock Exchange in 2020. A total of 34 initial public offering (IPO) companies were sampled in this study. The sampling technique used in this research is purposive sampling method. The data used in this research is secondary data. Research data obtained from www.idx.co.id. The data obtained and collected were then processed using the SPSS version 25 application. The result showed that the current ratio, company size, auditor reputation, and debt to equity had no effect on stock underpricing. Meanwhile, percentage of stock offerings have a significant effect on stock underpricing