LAMPIRAN
Lampiran 1
Tingkat
Underpricing
Perusahaan Sampel
Pada Tahun 2011-2015
A.
Perusahaan Non Keuangan
No. Tahun
IPO Kode Nama Perusahaan
Harga
1. 2011 MBSS Mitrabahtera Segara
Sejati Tbk 1600 1700 6.25
14. 2012 BEST Bekasi Fajar Industrial
Estate Tbk 170 285 67.6471
15. 2012 RANC Supra Boga Lestari
Tbk 500 670 34
16. 2012 KOBX Kobexindo Tractors
Tbk 400 520 30
17. 2012 MSKY MNC Sky Vision Tbk 1520 1540 1.32
IPO IPO Price
International Hospitals Tbk
IPO Kode Nama Perusahaan
38. 2013 IMJS PT Indo Mobil Multi
Jasa Tbk 500 540 8
39. 2013 SSMS PT Sawit Sumbermas
Sarana Tbk 670 720 7.46
40. 2013 SIDO
PT Industri Jamu dan Farmasi Sido Muncul Tbk
Karyasehat Tbk 19000 21200 11.58
B. Perusahaan Keuangan
No. Tahun
IPO Kode Nama Perusahaan
Lampiran 2
Data Current Ratio, Size of Firm, DAR dan ROE
Perusahaan Sampel
No. Assets Ratio
Lampiran 3
Hasil Output EViews 7
Hasil Uji Statistik Deskriptif
Y X1 X2 X3 X4
Mean 24.82592 264.7296 27.61075 47.73995 17.47621
Median 14.21000 166.9100 27.74500 47.96500 11.85000
Maximum 95.08200 1273.090 30.68000 89.30664 201.1700
Minimum 1.080000 33.40000 20.31000 7.560000 0.160000
Std. Dev. 22.30132 267.3955 1.404158 23.81435 29.71917
Skewness 1.038351 2.251006 -2.170410 -0.077012 4.758924
Kurtosis 3.194818 8.042378 13.14326 1.856645 27.38371
Jarque-Bera 11.23917 118.0420 314.4651 3.438376 1769.984 Probability 0.003626 0.000000 0.000000 0.179212 0.000000
Sum 1539.207 16413.23 1711.866 2959.877 1083.525
Sum Sq. Dev. 30338.29 4361522. 120.2713 34594.52 53876.97
Lampiran 4
Hasil Output EViews 7
Uji Asumsi Klasik
Hasil Uji Normallitas
Lampiran 5
Hasil Output EViews 7
Uji Asumsi Klasik
Hasil Uji Heterokedastisitas
Heteroskedasticity Test: White
F-statistic 0.753021 Prob. F(14,47) 0.7114
Obs*R-squared 11.35899 Prob. Chi-Square(14) 0.6576
Scaled explained SS 12.95163 Prob. Chi-Square(14) 0.5303
0 Sample 1 62 Observations 62
Mean -1.033759 Median -7.086172 Maximum 45.75091 Minimum -33.28597 Std. Dev. 18.04672 Skewness 0.725204 Kurtosis 2.607891
Lampiran 6
Hasil Output EViews 7
Uji Asumsi Klasik
Hasil Uji Autokorelasi
Breusch-Godfrey Serial Correlation LM Test:
F-statistic 0.106243 Prob. F(2,55) 0.8994
Obs*R-squared 0.238608 Prob. Chi-Square(2) 0.8875
Lampiran 7
Hasil Output EViews 7
Uji Asumsi Klasik
Hasil Uji Multikolinearitas
Y X1 X2 X3 X4
X1 -0.006877 1.000000 -0.102192 -0.675986 -0.099900
X2 -0.377682 -0.102192 1.000000 0.230044 -0.081804
X3 -0.124534 -0.675986 0.230044 1.000000 0.063183
Lampiran 8
Hasil Output EViews 7
Hasil Uji Chow
Redundant Fixed Effects Tests Equation: Untitled
Test cross-section fixed effects
Effects Test Statistic d.f. Prob.
Cross-section F 0.723306 (12,45) 0.7212
Cross-section Chi-square 10.935059 12 0.5345
Lampiran 9
Hasil Output EViews 7
Hasil Regresi Linier Berganda Model Data Panel
Dependent Variable: UNDERPRICING Method: Panel Least Squares
Date: 09/23/16 Time: 12:17 Sample: 2011 2015
Periods included: 5
Cross-sections included: 13
Total panel (unbalanced) observations: 62
Variable Coefficient Std. Error t-Statistic Prob.
C 199.3077 54.04526 3.687792 0.0005
CURRENT_RATIO -0.012084 0.013725 -0.880375 0.3824
SIZE_OF_FIRM -5.933296 1.982199 -2.993291 0.0041
DEBT_TO_TOTAL_ASSETS_RAT -0.120135 0.157140 -0.764511 0.4477
ROE -0.098769 0.091387 -1.080778 0.2843
R-squared 0.170525 Mean dependent var 24.82592
Adjusted R-squared 0.112316 S.D. dependent var 22.30132
S.E. of regression 21.01163 Akaike info criterion 9.005237
Sum squared resid 25164.85 Schwarz criterion 9.176780
Log likelihood -274.1623 Hannan-Quinn criter. 9.072589
F-statistic 2.929539 Durbin-Watson stat 1.795680
