Business, Management and Accounting
7 years ago

Inflation and interest rates impact stock underpricing during IPOs in Indonesia.

ANALISIS PENGARUH INFORMASI NON – KEUANGAN DAN EKONOMIMAKRO TERHADAP UNDERPRICING SAHAM PADA PERUSAHAANKETIKA INITIAL PUBLIC OFFERING (IPO) TAHUN 2011-2014
Eduardus Anggoro

Paper Summary

The study looked at factors influencing underpricing of stocks during Initial Public Offerings (IPOs) in the Indonesian Stock Exchange from 2011 to 2014. They analyzed the impact of KAP and underwriter reputation, inflation rate, and interest rate on underpricing. The results showed that inflation rate and interest rate significantly affect underpricing, while KAP and underwriter reputation do not.