Pengaruh Pemilihan Metode Penyusutan Aktiva Tetap, Arus Biaya Persediaan Dan Penilaian Persediaan Terhadap Tingkat Underpricing Saham Perdana (Studi Kasus Pada Perusahaan Manufaktur Di Bursa Efek Indonesia Periode 2020-2024)

Underpricing is a common phenomenon in the capital market that reflects imperfect information or pricing strategies in IPOs. This study analyzes the effect of accounting methods-fixed asset depreciation, inventory cost flow, and inventory valuation-on the level of underpricing of initial shares in manufacturing companies on the IDX for the period 2020-2024. With purposive sampling technique, 120 samples from 24 companies were obtained. Analysis using multiple linear regression with SPSS 25 shows that the results show that the three independent variables have a positive and statistically significant effect on underpricing. Partially, the higher the value of fixed asset depreciation, inventory cost flow, and inventory valuation, the greater the level of underpricing. Simultaneously, the three variables are also proven to have a significant effect on the variation of underpricing, with an F-test significance value of 0.000.