The Influence of Profitability, Capital Structure, Company Age and Company Size on Stock Underpricing

Authors

  • Dona Alfa Yanti Universitas Islam Negeri Sultan Syarif Kasim Riau, Pekanbaru, Indonesia
  • Jasmina Syafei Universitas Islam Negeri Sultan Syarif Kasim Riau, Pekanbaru, Indonesia

Keywords:

Stock Underpricing, Profitability, Capital Structure, Company Age, Company Size

Abstract

This study aims to analyze the effect of profitability, capital structure, company age, and company size on stock underpricing in companies conducting Initial Public Offerings (IPOs) on the Indonesia Stock Exchange for the period 2021–2023. The research method uses panel data regression analysis with a quantitative approach. The independent variables in this study include profitability, capital structure, company age, and company size. With a sample size of 26 companies for the period 2021-2023. With the dependent variable underpricing. The results show that profitability and capital structure have a significant effect on underpricing. Company age and company size also has a effectt on underpricing.

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Author Biographies

Dona Alfa Yanti, Universitas Islam Negeri Sultan Syarif Kasim Riau, Pekanbaru, Indonesia

 

 

Jasmina Syafei, Universitas Islam Negeri Sultan Syarif Kasim Riau, Pekanbaru, Indonesia

 

 

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Published

2025-02-07

How to Cite

Yanti, D. A., & Syafei, J. (2025). The Influence of Profitability, Capital Structure, Company Age and Company Size on Stock Underpricing . IJARAA : International Journal of Integrated Accounting, 1(2), 91–104. Retrieved from https://icess.uin-suska.ac.id/index.php/ijaraa/article/view/252

Issue

Vol. 1 No. 2 (2024): IJARAA (Dec)

Section

Articles

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Copyright (c) 2024 Dona Alfa Yanti, Jasmina Syafei

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