PENGARUH EARNING PER SHARE (EPS), RETURN ON ASSET (ROA), DAN DEBT EQUITY RATIO (DER) TERHADAP TINGKAT UNDERPRICING
Kata Kunci:
Underpricing, Initial Public Offering, Earning Per Share, Return On Asset, Debt Equity RatioAbstrak
Companies that carry out Initial Public Offerings (IPO) on the Indonesian Stock Exchange have mostly experienced the underpricing phenomenon. The level of underpricing that occurred in the 2013-2018 period showed a fairly high level of underpricing, namely 86.90%. This study aims to examine the factors that affect the level of underpricing, namely Earning Per Share (EPS), Return On Asset (ROA), and Debt Equity Ratio (DER) in companies conducting Initial Public Offering (IPO) on the Indonesia Stock Exchange (BEI). ) period 2013 - 2018. The method used in this study is multiple regression with the help of the SPSS version 20 application. After conducting the research, it was found that there was no effect on Earning Per Share (EPS), Return On Asset (ROA), and Debt Equity. Ratio (DER) to the level of underpricing.
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