IDEAS home Printed from https://ideas.repec.org/a/uii/jsbuii/v14y2010i1id2030.html
   My bibliography  Save this article

Potret IPO di Bursa Efek Indonesia

Author

Listed:
  • Zaenal Arifin

Abstract

This study analysed the IPO (Initial Public Offering) of Indonesia Stock Exchange (ISE) during 1990-2008. In line with developed countries, the study found phenomena of under pricing as well as hot and cold IPO. The magnitude of under pricing phenomena was not related to the number of companies which did the IPO. The hot IPO condition emerged after the economic crisis that was in the period of 1999-2002 and in 2006-2007, whereas cold IPO condition took place before the economic crisis that was year of 1990, 1992 and 1994-1996. In the cold period, average value of under pricing was 5.7%, while in the condition of hot IPO, the average value became 44.6%Keywords: IPO, under pricing, hot IPO, cold IPO, Indonesian capital market

Suggested Citation

  • Zaenal Arifin, 2010. "Potret IPO di Bursa Efek Indonesia," Jurnal Siasat Bisnis, Management Development Centre (MDC) Department of Management, Faculty of Business and Economics Universitas Islam Indonesia, vol. 14(1).
    • Handle: RePEc:uii:jsbuii:v:14:y:2010:i:1:id:2030
    as

    Download full text from publisher

    File URL: https://journal.uii.ac.id/JSB/article/view/2030/1784
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uii:jsbuii:v:14:y:2010:i:1:id:2030. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ana Yuliani (email available below). General contact details of provider: https://journal.uii.ac.id/JSB/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.