KINERJA JANGKA PANJANG DAN LIKUIDITAS PASCA IPO DI PAPAN UTAMA DAN PENGEMBANGAN BURSA EFEK INDONESIA

Suherman Suherman

Abstract


The purposes of this study were to examine and to compare the long-term performance of IPO firms on main
and development boards and to determine and to compare the liquidity of IPO firms on main and development
boards. The sample of this study covered 59 IPO firms consisting of 32 firms listed on main board and 27 firms
listed on development board between 2010 and 2012. The results showed that one, two and three-years after
IPO, the long-term performance of IPO firms on the main and development boards were not statistically
different, and one year after IPO, the liquidity of IPO firms on the main and development boards were not
statistically different.

Keywords


development board,firm performance, IPO,liquidity, main board

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DOI: https://doi.org/10.26905/jkdp.v19i1.830

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Jurnal Keuangan dan Perbankan (Journal of Finance and Banking)

Diploma Program of Banking and Finance, Faculty of Economics and Business, University of Merdeka Malang

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