Pengaruh Debt To Equity Ratio dan Return On Aset terhadap Underpricing dengan Ukuran Perusahaan sebagai Variabel Moderasi

Penulis

  • Bindaru Abudani Universitas Sarjanawiyata Tamansiswa

DOI:

https://doi.org/10.55587/jla.v4i1.115

Kata Kunci:

Debt to equity ratio, underpricing

Abstrak

Purpose: This research aims to prove the influence of debt to equity ratio and return on asset on underpricing with firm size as a moderation variable.

Method: This research uses quantitative methods by collecting data from the Indonesia Stock Exchange (idx.co.id) and financial reports of companies experiencing underpricing in 2016-2022. The sample was selected using purposive sampling, with the criteria of companies experiencing underpricing, publishing complete financial reports, using the rupiah currency, and making a profit during the 2016-2023 period. Data analysis includes descriptive analysis, classical assumption testing, and multiple linear regression analysis with hypothesis testing.

Finding: The research results show that the debt to equity ratio has a positive effect on underpricing, while the return on asset has a negative effect on underpricing. In addition, it was found that company size can strengthen the influence of debt to equity ratio and return on asset on underpricing.

Novelty: Researcher added firm size as a moderating variable to find out whether firm size can make other factors such as debt to equity ratio and return on asset have a stronger or weaker effect on underpricing.

Keywords:

Debt to equity ratio, return on asset, underpricing.

Referensi

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Unduhan

Diterbitkan

30-03-2024

Cara Mengutip

Abudani, B. (2024). Pengaruh Debt To Equity Ratio dan Return On Aset terhadap Underpricing dengan Ukuran Perusahaan sebagai Variabel Moderasi. Jurnal Literasi Akuntansi, 4(1), 263–275. https://doi.org/10.55587/jla.v4i1.115

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