DETERMINAN UNDERPRICING PADA PERUSAHAAN YANG MELAKUKAN INITIAL PUBLIC OFFERING (IPO)
Keywords:Current Ratio, Earning Per Share, Auditor Reputation, Underpricing
This study aims to examine the determinants of underpricing in companies listed on the Indonesia Stock Exchange (IDX) for the period 2014 - 2019. Auditor reputation, earnings per share (EPS), and current ratio (CR) are the factors tested in this study. The research population is companies listed on the Indonesia
Stock Exchange (IDX) for the period 2014 - 2019. Based on the sampling technique using purposive sampling, 189 companies were observed and analyzed using the multiple linear regression method. The results showed that the reputation of auditors, EPS and CR had an effect on underpricing simultaneously, while partially only EPS had a significant negative effect on underpricing.