The Size of Asset of Private Company’s and it’s IPO’s Underpricing, A Study in Indonesia for Period 2010-2016. Dwi Armaya (a*), Dr Buddi Wibowo (b*)
a) Graduate Student of Magister Management University of Indonesia
b) Economic Lecturer of University of Indonesia
Abstract
This research empirically examines the influence of size of company (Assets) on IPO’s stock underpricing in Indonesia. The study was conducted on 111 data samples of private company which conduct initial public offering in 2010 - 2016. The used data is combine of time series and cross section data, so the analysis must be carried out by conducting data panel regression. The results of the research is there is no influence of size of company on underpricing.
Keywords: size of company, assets and underpricing
