DETERMINANTS OF IPO UNDERPRICING ON THE INDONESIA STOCK EXCHANGE: A QUANTILE REGRESSION APPROACH FOR THE PERIOD 2021-2025
Background: Underpricing is a global phenomenon that occurs in every country, including Indonesia. The underpricing phenomenon indicates that the efficient conditions of the capital market are not fully met under the EMH. This phenomenon also made the company can't get the full amount of money and left money on the ta...