FAKTOR-FAKTOR YANG MEMENGARUHI KINERJA SAHAM SETELAHPENAWARAN UMUM PERDANA

Abstract

A company is required to be able to survive in thecompetitivebusinessworld by doing expansion and publish thecompany’s shares by doing IPO. The purpose of this study is toanalyze the influence of independent variables (firm age, firm age,firm size, profitability, leverage, and underwriter reputation) to stockperformance. In this research, researcher used MER to measurestock performance, AGE to measure firm age, LogAssets to measurefirm size, ROE to measure profitability, DER to measure leverage,Dummy to measure underwriter reputation. Object used in thisresearch were the companies that carrying out IPO on IndonesiaStock Exchange on 2007-2011. Data used from financial statementscompany. Analysis technique used the multiple linear regression. Thet test result indicate that the variable firm age, underwriter reputationsignificant effect on stock performance, and variable firm size,profitability, leverage did not affect significantly on stock performance.Keywords: stock performance, firm age, firm size, profitability, leverage.