THE EFFECT OF RETURN ON ASSETS, COMPANY SIZE, AND UNDERWRITER REPUTATION ON UNDERPRICING IN RAW GOODS SECTOR COMPANIES THAT CONDUCTED INITIAL PUBLIC OFFERINGS (IPOS) FOR THE 2016-2021 PERIOD

Abstract

The motivation behind this study was to decide and investigate how much impact the free factors Return On Assets, Company Size and Reputation of the Underwriter somewhat or at the same time influence the underprincing of organizations directing IPO (Initial Public Offering). The populace in this study is the crude products area recorded on the Indonesia Stock Exchange for the 2016- 2021 period, adding up to 93 organizations. The example of this study added up to 22 organizations chose in light of purposive testing. The information investigation method utilized numerous straight
relapse examination. The consequences of the review can be reasoned that to some degree return on resources affects underprincing, while organization size and guarantor notoriety to some degree affect underprincing. At the same time, the factors of return on resources, organization size and financier notoriety meaningfully affect underprincing all the while.