The effect of company size, financial leverage, and profitability of share overpricing at the initial public offering (IPO)

Authors

  • Atika Ulfah a:1:{s:5:"en_US";s:18:"Lampung University";} Author
    • Tri Joko Prasetyo University of Lampung, Indonesia Author
      • Usep Saipuddin University of Lampung, Indonesia Author

        DOI:

        https://doi.org/10.31686/ijier.vol7.iss12.2042

        Keywords:

        Company Size, Financial Leverage, Profitability, Overpricing

        Abstract

        This study aimed to prove the effect of company size, financial leverage, and profitability on stock overpricing. The population of this research was the companies which conducted initial public offering (IPO) which were listed on the Indonesia Stock Exchange (BEI) in 2009 - 2018. This research used purposive sampling technique and the number of samples obtained was 31 companies. The results of this study indicate that the variable company size and financial leverage have no effect on overpricing. In contrary, the profitability variable has a positive effect toward overpricing.

        Author Biographies

        • Tri Joko Prasetyo, University of Lampung, Indonesia

          Faculty of Economics and Business,

        • Usep Saipuddin, University of Lampung, Indonesia

          Faculty of Economics and Business

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        Published

        2019-12-01

        Issue

        Vol. 7 No. 12 (2019): International Journal for Innovation Education and Research

        Section

        Journal Articles

        License

        Copyright (c) 2019 Atika Ulfah, Tri Joko Prasetyo, Usep Saipuddin

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        This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License.

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        How to Cite

        Ulfah, A., Prasetyo, T. J., & Saipuddin, U. (2019). The effect of company size, financial leverage, and profitability of share overpricing at the initial public offering (IPO). International Journal for Innovation Education and Research, 7(12), 225-235. https://doi.org/10.31686/ijier.vol7.iss12.2042