{"id":"https://openalex.org/W4386123714","doi":"https://doi.org/10.53402/ajebm.v2i1.285","title":"Analysis of the influence of profitability, company size, company age, and underwriter's reputation on the underpricing of stocks during the IPO on IDX 2010\u20132020 period","display_name":"Analysis of the influence of profitability, company size, company age, and underwriter's reputation on the underpricing of stocks during the IPO on IDX 2010\u20132020 period","publication_year":2023,"publication_date":"2023-04-12","ids":{"openalex":"https://openalex.org/W4386123714","doi":"https://doi.org/10.53402/ajebm.v2i1.285"},"language":"en","primary_location":{"id":"doi:10.53402/ajebm.v2i1.285","doi":"https://doi.org/10.53402/ajebm.v2i1.285","is_oa":true,"landing_page_url":"https://doi.org/10.53402/ajebm.v2i1.285","pdf_url":null,"source":{"id":"https://openalex.org/S4387285146","display_name":"Asian Journal of Economics and Business Management","issn_l":"2961-7006","issn":["2961-7006"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asian Journal of Economics and Business Management","raw_type":"journal-article"},"parent_works":[],"lineage":["https://openalex.org/W4386123714"],"child_works_count":0,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.53402/ajebm.v2i1.285","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5104160190","display_name":"Andre Agusti Wijaya","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I12833781","display_name":"Lampung University","ror":"https://ror.org/05wtz9f44","country_code":"ID","type":"education","lineage":["https://openalex.org/I12833781"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Andre Agusti Wijaya","raw_affiliation_strings":["Management Department, Economic and Business Faculty, University of Lampung, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Management Department, Economic and Business Faculty, University of Lampung, Indonesia","institution_ids":["https://openalex.org/I12833781"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5078475358","display_name":"Mahatma Kufepaksi","orcid":"https://orcid.org/0000-0001-8370-6153","observed_orcids":["https://orcid.org/0000-0001-8370-6153"]},"institutions":[{"id":"https://openalex.org/I12833781","display_name":"Lampung University","ror":"https://ror.org/05wtz9f44","country_code":"ID","type":"education","lineage":["https://openalex.org/I12833781"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Mahatma Kufepaksi","raw_affiliation_strings":["Management Department, Economic and Business Faculty, University of Lampung, Indonesia"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Management Department, Economic and Business Faculty, University of Lampung, Indonesia","institution_ids":["https://openalex.org/I12833781"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I12833781"],"apc_list":null,"apc_paid":null,"fwci":1.3168,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.79376012,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":91,"max":96},"biblio":{"volume":"2","issue":"1","first_page":"438","last_page":"445"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.4133000075817108,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T12123","display_name":"Financial Analysis and Corporate Governance","score":0.4133000075817108,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10047","display_name":"Financial Markets and Investment Strategies","score":0.32280001044273376,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.23890000581741333,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/ipo-underpricing","display_name":"IPO underpricing","score":0.9350000023841858},{"id":"https://openalex.org/keywords/initial-public-offerings","display_name":"initial public offerings","score":0.8820000290870667},{"id":"https://openalex.org/keywords/underwriter-reputation","display_name":"underwriter reputation","score":0.9300000071525574},{"id":"https://openalex.org/keywords/firm-profitability","display_name":"firm profitability","score":0.6919999718666077},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.8999999761581421},{"id":"https://openalex.org/keywords/firm-age","display_name":"firm age","score":0.921999990940094},{"id":"https://openalex.org/keywords/indonesia-stock-exchange","display_name":"Indonesia Stock Exchange","score":0.8650000095367432},{"id":"https://openalex.org/keywords/ipo-pricing-determinants","display_name":"IPO pricing determinants","score":0.5350000262260437}],"concepts":[{"id":"https://openalex.org/C12559387","wikidata":"https://www.wikidata.org/wiki/Q185142","display_name":"Initial public offering","level":2,"score":0.9362500309944153},{"id":"https://openalex.org/C26503482","wikidata":"https://www.wikidata.org/wiki/Q1898080","display_name":"Underwriting","level":2,"score":0.9229202270507812},{"id":"https://openalex.org/C48798503","wikidata":"https://www.wikidata.org/wiki/Q877546","display_name":"Reputation","level":2,"score":0.8408046960830688},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.7646018266677856},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6971635222434998},{"id":"https://openalex.org/C15241564","wikidata":"https://www.wikidata.org/wiki/Q319845","display_name":"Investment banking","level":2,"score":0.5428107380867004},{"id":"https://openalex.org/C102177615","wikidata":"https://www.wikidata.org/wiki/Q1627483","display_name":"Public offering","level":3,"score":0.4778706431388855},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.4319431185722351},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.4214901924133301},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.4165398180484772},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3829116225242615},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.3517976403236389},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.34450507164001465},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.22069129347801208},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C2780762169","wikidata":"https://www.wikidata.org/wiki/Q5905368","display_name":"Horse","level":2,"score":0.0},{"id":"https://openalex.org/C78519656","wikidata":"https://www.wikidata.org/wiki/Q101333","display_name":"Mechanical engineering","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.53402/ajebm.v2i1.285","doi":"https://doi.org/10.53402/ajebm.v2i1.285","is_oa":true,"landing_page_url":"https://doi.org/10.53402/ajebm.v2i1.285","pdf_url":null,"source":{"id":"https://openalex.org/S4387285146","display_name":"Asian Journal of Economics and Business Management","issn_l":"2961-7006","issn":["2961-7006"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asian Journal of Economics and Business Management","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.53402/ajebm.v2i1.285","doi":"https://doi.org/10.53402/ajebm.v2i1.285","is_oa":true,"landing_page_url":"https://doi.org/10.53402/ajebm.v2i1.285","pdf_url":null,"source":{"id":"https://openalex.org/S4387285146","display_name":"Asian Journal of Economics and Business Management","issn_l":"2961-7006","issn":["2961-7006"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-nc-sa","license_id":"https://openalex.org/licenses/cc-by-nc-sa","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Asian Journal of Economics and Business Management","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W2948487595","https://openalex.org/W2116813033","https://openalex.org/W4398773797","https://openalex.org/W2605419032","https://openalex.org/W2968515792","https://openalex.org/W4412763060","https://openalex.org/W2999382579","https://openalex.org/W4411843955","https://openalex.org/W3198159197","https://openalex.org/W3162324625"],"abstract_inverted_index":{"The":[0,74,118,139],"capital":[1,18],"market":[2],"is":[3,121,185,197],"one":[4],"of":[5,17,72,96,107,116,124,131,141,158,169,203,209],"the":[6,11,25,29,59,62,78,94,105,108,114,122,129,132,136,146,152,156,159,167,170,173,183,189,201,204,207,210],"most":[7],"important":[8],"means":[9],"for":[10,22,24,50,188],"business":[12,63],"world":[13,64],"as":[14,102,104],"a":[15,20,51,69],"source":[16],"and":[19,39,57,82,100,149,172,187,206],"place":[21],"investment":[23],"community.":[26],"Research":[27],"on":[28,110,135],"variables":[30,134],"influencing":[31],"underpricing":[32,112,153],"still":[33],"needs":[34],"to":[35,92,127,166,193,199],"produce":[36],"different":[37],"findings":[38],"consistent":[40],"research":[41],"results.":[42],"Investors":[43],"value":[44],"companies":[45],"that":[46,66,145],"have":[47,68],"been":[48],"established":[49],"long":[52],"time":[53,115,157],"better":[54],"than":[55],"experience":[56],"stand":[58],"test":[60],"in":[61,86],"so":[65],"they":[67],"low":[70],"level":[71],"risk.":[73],"underwriter's":[75,147,174],"reputation":[76,106,150,175,208],"influences":[77],"initial":[79],"share":[80],"price":[81],"has":[83],"special":[84],"expertise":[85],"corporate":[87],"securities.":[88],"This":[89],"study":[90,143],"aims":[91],"see":[93,128],"effect":[95,130],"profitability,":[97],"company":[98,162,171,205],"size":[99,168,202],"age,":[101],"well":[103],"underwriter":[109],"stock":[111,184],"at":[113,155],"IPO.":[117,160],"method":[119,123],"used":[120],"regression":[125],"analysis":[126],"independent":[133],"dependent":[137],"variable.":[138],"results":[140],"this":[142],"indicate":[144],"profitability":[148],"influence":[151],"conditions":[154],"Public":[161],"should":[163],"pay":[164],"attention":[165],"since":[176],"these":[177],"two":[178],"things":[179],"affect":[180],"how":[181],"much":[182],"underpriced":[186],"investors":[190],"who":[191],"want":[192],"buy":[194],"IPOs,":[195],"it":[196],"expected":[198],"consider":[200],"underwriter.":[211]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":3}],"updated_date":"2026-11-08T12:12:28.789561","created_date":"2023-08-25T00:00:00"}
