The Influence of Earning Per Share and Proceed To Initial Return On Companies That Listed At Indonesian Stock Exchange That Make IPO of 2010-2013.

Abstract

The purpose of this research was to study the significant effect of Earning Per Share and Proceed to Initial Return on Listed Companies in Indonesia Stock Exchange in 2010-2013. The method used is quantitative descriptive survey method with a descriptive and statistical analysis and regression approach. This research using the secondary data obtained from the reference center Indonesia Stock Exchange in 2009-2012, Elektronik Bursa and IPOT Indonesia. Variable X as the independent variabel is Earning Per Share and Proceed. Meanwhile variable Y isInitial Return. The sampling technique was conducted by random sampling. The attainable population in this research were all companies listed on the Indonesia Stock Exchange conducting IPO in 2010-2013 and the sample used by the table Isaac and Michael is 78 companies. The multiple linier regression and resulted Ŷ = 0.296 – 0.001X₁ – 8.550X_2. The result of this research concluded that Earning Per Share has negative significant where T_hitung of Earning Per Share is -2.782 greater than T_tabel amounted to -1.665 and Proceed has negative and significant effect on Proceed where T_hitung is -2.402 and T_tabel amounted to -1.665. In Simultan, The Influence Between Earning Per Share and Proceed with Initial Return is significantly related. The ability of Earning Per Share and Proceed explain Initial Return is 37,5%.