Faktor-Faktor Yang Mempengaruhi Corporate Bond Underpricing

Irma Indra - Universitas Andalas
Elvira Luthan - Universitas Andalas
Amy Fontanella - Universitas Andalas

Abstract


This study aims to determine what factors influence corporate bond underpricing in companies listed on the IDX in 2017-2021. This research is a quantitative study, using secondary data collected through the official website of the IDX and the company's website. The population used in this study is all companies issuing bonds in 2017-2021 using a purposive sampling technique for the sample selection method. This study uses multiple linear analysis, which in this study shows that underwriter reputation has a significant effect on corporate bond underpricing. Meanwhile, Accrual Quality Family Involvement, firm age and profitability have no significant effect on corporate bond underpricing.

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References


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DOI: http://dx.doi.org/10.24036/jmpe.v5i4.14050