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

Atika Ulfah; Tri Joko  Prasetyo; Usep  Saipuddin

doi:10.31686/ijier.vol7.iss12.2042

Authors

Atika Ulfah

a:1:{s:5:"en_US";s:18:"Lampung University";}
Tri Joko Prasetyo

University of Lampung, Indonesia
Usep Saipuddin

University of Lampung, Indonesia

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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