Pengaruh Informasi Akuntansi Dan Ekonomi Makro Terhadap Initial Return Pada Saat Penawaran Saham Perdana (IPO) Pada Perusahaan Non Manufaktur Di Bei
Initial Public Offering (IPO) happened into the company which earning up and selling its securitas to the public. There are two possibilities of prices offering in primary market, i.e overpricing dan underpricing. If it’s overpricing, the investor will not get any profit and if it’s underpricing, the investor will get profit (initial return). The examination has a purpose to examination the influence of accounting information and macroeconomic’s to the initial return at IPO on non manufacture company in BEI at 2004 – 2008.This kind of examination is the cause and affect (causal research) with using fact or empirical data, this examination used a hypotesis which described the ernnection between variabel, hypotesis examination is examined by using the significant degree 5% the population consists of 74 registered company in BEI. The method of taking sample using purposive sampling and it is obtained 33 sample of non manufacture company when doing IPO in BEI at 2004 – 2008. the examination trial was by multiple linear regression methode. The result of examination showed that accounting information ie current ratio, financial leverage and ROA which simultantly don’t influence significant to the initial return, In spite of only ROA parcialy influence to the initial return. The result of examination showed the variable of macroeconomic’s is interest, inflation and exchange rate US Dollar simultantly don’t influence significant to the initial return, in spite of the variabel of interest parcially and inflation influenced significant to the initial return, the result of examination showed that accounting information and macroeconomic’s simultantly influenced significant to the initial return, parcially ROA, interest and inflation influenced significant to the initial return.
Year of publication: |
2010-05-25
|
---|---|
Authors: | Muhammad, Fahmi |
Other Persons: | Moenaf Hamid, Regar (contributor) ; Arifin, Akhmad (contributor) |
Subject: | Initial return | current ratio | financial leverage | ROA | interest | inflation and exchange rate US$ |
Saved in:
freely available
Saved in favorites
Similar items by subject
-
Financial performance towards value of firms in basic and chemicals industry
Purwanto, (2017)
-
Impact of Corporate Governance on Performance of Firms: A Case Study of Cement Industry in Pakistan
Cheema, Khaliq Ur Rehman, (2013)
-
(2003)
- More ...