Electronic Theses and Dissertation

Penelitian ini bertujuan untuk mengetahui dan menganalisis pengaruh financial leverage, ukuran perusahaan, dan kepemilikan institusional terhadap underpricing saham syariah saat initial public offering (ipo) pada masa pandemi covid-19 di bursa efek indonesia. populasi dalam penelitian ini adalah seluruh perusahaan yang melakukan penawaran umum perdana pada masa pandemic covid-19 di indonesia yaitu tahun 2020-2021. pemilihan sampel menggunakan teknik purposive sampling dengan kriteria-kireteria yang telah ditentukan sehingga mendapatkan sampel sebanyak 50 perusahaan. penelitian yang dilakukan yaitu penelitian kuantitatif dengan jenis data penelitian yaitu data sekunder. analisis data menggunakan analisis regresi linier berganda dengan bantuan aplikasi olah data spss 23. hasil penelitian ini menunjukkan bahwabaik secara simultan maupun secara parsial variabel financial leverage, ukuran perusahaan, dan kepemilikan institusional tidak berpengaruh tehadap underpricing saham syariah. kata kunci: financial leverage, ukuran perusahaan, kepemilikan institusional, underpricing, ipo

This study aims to determine and analyze the effect of financial leverage, company size, and institutional ownership on the underpricing of sharia shares during the Initial Public Offering (IPO) during the Covid-19 pandemic on the Indonesia Stock Exchange. The population in this study were all companies that made initial public offerings during the Covid-19 pandemic in Indonesia, namely 2020-2021. The sample selection used purposive sampling technique with predetermined criteria so as to get a sample of 50 companies. The research conducted is quantitative research with the type of research data, namely secondary data. Data analysis used multiple linear regression analysis with the help of SPSS 23 data processing application. The results of this study indicate that either simultaneously or partially financial leverage, company size, and institutional ownership variables have no effect on underpricing of sharia shares. Keywords: Financial Leverage, Company Size, Institutional Ownership, Underpricing, Initial Public Offering