Abstract
Seasoned Equity Offerings (SEO) is the number of shares offer by one or more shareholders where share ownership is released generally in large quantities, which is not a public offer to increase the number of shares outstanding. Offers SEO is done because the issuer as the company went public in need of additional funds to finance its operations and or to repay maturing debt, by the way: first, sell the rights (right) to the existing shareholders to buy new shares at a certain price (usually known as a rights issue) and secondly, to sell to any investor who wants to buy new securities offerings through the second, third and so on offerings. The purpose of this offer is to protect the interests of shareholders of the company, especially in implementing preemptive rights. This right is implemented so that existing shareholders can maintain the same proportion as their shareholding prior to the SEO, thus indirectly the performance of the company can be maintained and even increased. This study uses the whole company went public on the Islamic securities exchanges and just doing SEO in 2011-2013 with a sample of purposive sampling method which will then be processed by means of multiple linear regression analysis. The results showed that the improved performance of the company through Seasoned Equity Offerings (SEO) proved positive and significant influence. That is Seasoned Equity Offerings (SEO) is one alternative that can be done by the company went public in meeting the needs of additional funds without having to owe to a third party.
Keywords: seasoned equity offerings, performance, rights issue, islamic securities exchange, and multiple linear regression