Pengaruh Struktur Corporate Governance Terhadap Initial Public Offering (Ipo)Underpricing Di Indonesia

This research try to examine whether corporate governance when the company madean Initial Public Offering ( IPO) affect the level of underpricing shares of companies that go public by using the period 2002-2012. This study focuses on the influence of corporate governance structure on the level of underpricing by using control variables underwriter reputation , return on assets (ROA), firm size, financial leverage, and return on equity ( ROE). According to the results of previous studies , these variables generally tend to show a significant effect on underpricing in companies that go public . This research is ekspost facto (causal comparative). Sample selection method used was purposive sampling and sample used was 13 1 sample companies doing an Initial Public Offering on the Indonesia Stock Exchange in the period 2002- 20 12. This study uses regression testing models. Regression analysis showed that only the underwriter reputation significantly influence underpricin .