PENGARUH UKURAN PERUSAHAAN, PERSENTASE PENAWARAN SAHAM, DAN DEBT TO EQUITY RATIO (DER) TERHADAP UNDERPRICING PADA PERUSAHAAN IPO DI BURSA EFEK INDONESIA PERIODE 2013-2017 (Studi Pada Perusahaan Non Perbankan)

RAYANDRA ANANDIKA. 8335153613. Effect Of Firm Size, Share Offer Percentage, and Debt To Equity Ratio (DER) to Underpricing In IPO Companies Approved In The Indonesian Stock Exchange For Period 2013-2017. Script, Jakarta: Faculty of Economics, State University Of Jakarta. 2019. This study was conducted to find empirical evidence of the influence firm size, share offer percentage, and debt to equity ratio (DER) to underpricing. Factors tested in this research are firm size, share offer percentage, and debt to equity ratio as independent variable while underpricing as dependent variable. This study uses secondary data with a sample of non-banking companies conducting IPOs listed on the Indonesia Stock Exchange in the 2013-2017 period. The sample selection in this study used a purposive sampling method and 81 samples were obtained. This study uses multiple linear regression analysis methods to test hypotheses at a significance level of 5%. Based on the results of the analysis that has been done, it can be concluded that firm size affects underpricing. These results explain that companies that have high total assets can provide a low level of underpricing. Meanwhile, the share offer percentage and debt to equity ratio has no effect on underpricing. This explains that the percentage of stock offer and debt to equity ratio cannot influence the level of underpricing. In addition, simultaneous company size, share offer percentage, and debt to equity ratio influence underpricing. Keywords: Firm Size, Share Offer Percentage, Debt to Equity Ratio, Underpricin