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Kualitas Audit Sebagai Variabel Pemoderasi. Simposium Nasional Akunasi VI. Surabaya

Astika, Ida Bagus Putra., 2008, Perilaku Oportunistik Eksekutif Perusahaan Menjelang Pengumuman Program Opsi Saham, Buletin Studi Ekonomi, Volume 13, Nomor 1

Astuti, 2007, Analisis Faktor-Faktor yang Mempengaruhi Motivasi Manajemen Laba di Seputar Right Issue, www.google.com

Darmadji, T., dan Hendy M. F., 2006, Pasar Modal Indonesia: Pendekatan Tanya Jawab, Edisi 2, Penerbit Salemba Empat

Gumanti, Tatang Ari., 2001, Earnings Management Dalam Penawaran Saham Perdana di Bursa Efek Jakarta, Jurnal Riset Akuntansi Indonesia, Vol 4, No. 2

Handayani, RR Sri dan Agustono Dwi Rachadi. 2009. Pengaruh Ukuran Perusahaan Terhadap Manajemen Laba. Jurnal Bisnis dan Akuntansi. Volume 11. Nomor 1

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Ihalaw, John J.O.I. dan Ummi Arifa Aini, 2002. Manajemen Earning dalam Penawaran Perdana Saham di Bursa Efek Jakarta Periode 1998-2000. Jurnal Ekonomi dan Bisnis (Dian Ekonomi). Vol VIII. No 2. hal.191-208 Joni dan Jogiyanto Hartono M. 2008. “Hubungan Manajemen Laba Sebelum IPO

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Kusumawardhani dan Siregar, 2009, Fenomena Manajemen Laba Menjelang IPO dan Kaitannya dengan Nilai Perusahaan Perdana serta Kinerja Perusahaan Pasca IPO: Studi Empiris pada Perusahaan yang IPO di Indonesia Tahun 2000 – 2003, Simposium Nasional Akuntansi 11

Mawarti, Yiluana., 2007, Pengaruh Income Smoothing (Perataan Laba) Terhadap Earnings Respone (Reaksi Pasar) pada Perusahaan Manufaktur di Bursa Efek Jakarta, Skripsi, Universitas Negeri Semarang

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Rahmawati, Yacob Suparno dan Nurul Qomariyah, 2006, Pengaruh Asimetri Informasi Terhadap Praktik Manajemen Laba Pada Perusahaan Perbankan Publik Yang Terdaftar, Simposium Nasional 9, Padang

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Setiawati, Lilis, 2001. Manajemen Laba dan IPO di Bursa Efek Jakarta. Kumpulan Makalah SNA V. hal.112-115

Setiawati, Lilis dan Ainun Na’im, 2000, Manajemen Laba, Jurnal Ekonomi dan Bisnis Indonesia, Vol. 15, No. 4

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Sulistyanto, Sri, 2008, Manajemen Laba: Teori dan Model Empiris, Penerbit PT Gramedia Widiasarana Indonesia, Jakarta.

Tarjo, 2008, Pengaruh Konsentrasi Kepemilikan Institusional dan Leverage terhadap Manajemen Laba, Nilai Pemegang Saham serta Cost of Equity Capital,Simposium Nasional Akuntansi 11

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No Perusahaan

t-3 t-2 t-1 t-3 t-2

1 PT Indofarma Tbk 59,914,279,514 107,363,222,528 113,609,741,316 142,443,596,431 475,684,102,001 2 PT Daeyu Orchid Indonesia Tbk 2,547,231,278 5,183,660,684 7,871,363,578 16,533,982,856 18,333,603,216 3 PT Kimia Farma Tbk 109,198,479,822 115,645,849,156 154,422,281,256 662,955,483,707 704,123,963,863 4 PT Arwana Citramulia Tbk 8,073,835,710 13,026,300,683 17,415,774,761 137,528,521,327 132,006,039,926 5 PT Lapindo Packaging Tbk 571,875,341 966,556,549 4,389,837,551 4,255,823,979 4,811,602,549 6 PT Betonjaya Manunggal Tbk 725,287,535 1,414,526,263 965,845,610 14,692,871,284 17,045,351,574 7 PT Pyridam Farma Tbk 3,918,125,322 2,929,243,389 7,647,885,029 37,426,978,295 41,275,064,156 8 PT Ryane Adibusana Tbk 20,415,184 41,097,620 280,025,934 2,377,294,354 20,609,156,982 9 PT Colopark Indonesia Tbk 4,641,360,713 6,260,304,062 7,381,634,948 11,453,206,723 14,148,325,622 10 PT Sugi Samapersada Tbk 3,946,265,350 14,064,707,988 15,860,755,793 26,437,320,251 55,568,310,629 11 PT Sanex Qianjiang Motor International 4,123,037,638 16,440,344,100 30,188,521,789 71,509,159,057 92,824,811,808 12 PT Multistrada Arah Sarana Tbk 7,889,197,462 8,265,395,145 12,728,205,217 490,329,440,703 473,174,965,930 13 PT Malindo Feedmill Tbk 30,579,814,000 20,837,663,000 44,915,240,000 212,769,910,000 192,720,860,000 14 PT Fatrapolindo Nusa Industri Tbk 10,593,699,056 23,219,364,996 30,047,266,192 157,826,217,792 168,686,589,252 15 PT Adhi Karya Tbk 412,062,417,205 527,715,544,904 333,383,126,000 1,110,158,377,764 1,089,579,565,269 16 PT Aneka Kemasindo Utama Tbk 300,397,000 931,274,128 1,258,495,006 11,410,973,320 12,022,321,833 17 PT Bumi Teknokultura Unggul Tbk 23,900,000 154,875,000 3,828,971,412 1,825,309,371 1,770,249,924 18 PT Indosiar Karya Media Tbk 333,302,351,466 297,612,900,888 286,990,520,616 980,127,986,920 1,165,851,051,275 19 PT Arpeni Pratama Ocean Line Tbk 238,797,719,673 260,122,049,857 291,826,299,118 1,174,644,634,638 1,362,788,275,380 20 PT Excelcomindo Pratama Tbk 143,708,956,000 118,845,430,000 147,733,011,000 5,514,138,849,000 6,474,459,432,000 21 PT Bakrie Telecom Tbk 23,350,492,922 27,104,434,251 39,034,068,288 1,107,347,630,403 1,051,585,812,939 22 PT Indonesia Air Transport Tbk 21,054,478,000 34,160,697,000 18,185,243,000 385,059,955,000 436,272,557,000 23 PT SAT Nusapersada Tbk 247,003,723,849 397,732,698,041 139,620,206,434 430,382,169,070 571,154,878,239 24 PT Kertas Basuki Rachmat Indonesia Tbk 15,586,622,580 19,074,295,426 15,453,447,829 1,215,559,990,268 1,231,543,320,977 25 PT Sekawan Intipratama Tbk 1,155,930,705 4,020,547,935 17,295,721,547 36,961,479,289 58,054,255,752 26 PT Nippon Indosari Corpindo Tbk 28,221,585,794 42,716,783,157 53,134,831,686 169,467,628,505 308,612,794,852 27 PT Indopoly Swakarsa Industry Tbk 272,925,937,325 303,946,318,992 203,199,587,909 1,018,873,872,203 1,710,415,021,435 28 PT Krakatau Steel Tbk 2,401,108,000,000 1,699,728,000,000 2,001,784,000,000 11,117,024,000,000 15,374,427,000,000 29 PT Berau Coal Energy 2,892,291,000,000 4,111,531,000,000 971,920,000,000 4,841,380,000,000 6,899,431,000,000

No Perusahaan

t-2 t-1 t-3 t-2 t-1

1 PT Indofarma Tbk 48,927,116,260 54,310,001,057 125,580,309,894 254,136,080,734 392,024,722,388 2 PT Daeyu Orchid Indonesia Tbk 4,131,359,395 3,867,084,409 72,906,076,513 44,847,926,800 53,450,004,646 3 PT Kimia Farma Tbk 83,792,337,839 290,391,780,728 783,684,799,161 1,059,114,594,753 1,517,153,295,051 4 PT Arwana Citramulia Tbk 100,450,885,694 105,548,215,615 48,890,250,020 76,669,180,211 92,170,052,301 5 PT Lapindo Packaging Tbk 2,072,870,140 3,902,208,744 11,539,042,171 11,085,805,195 14,278,167,329 6 PT Betonjaya Manunggal Tbk 13,242,382,443 21,123,434,666 25,181,232,580 17,925,141,643 16,494,277,777 7 PT Pyridam Farma Tbk 34,092,568,672 52,479,132,661 9,812,317,843 12,771,569,963 20,945,235,179 8 PT Ryane Adibusana Tbk 2,233,334,923 6,987,578,700 13,792,833,810 19,390,348,314 26,923,541,104 9 PT Colopark Indonesia Tbk 1,008,528,344 1,260,444,219 41,624,451,000 37,868,073,644 41,827,273,155 10 PT Sugi Samapersada Tbk 21,218,166,582 21,251,574,342 8,668,646,701 61,599,544,639 60,753,859,444 11 PT Sanex Qianjiang Motor International 92,824,811,808 92,730,400,624 19,601,565,600 40,374,406,277 35,486,778,705 12 PT Multistrada Arah Sarana Tbk 429,415,938,522 679,738,653,264 108,191,045,268 143,276,432,036 222,405,205,677 13 PT Malindo Feedmill Tbk 132,465,759,000 126,397,820,000 298,431,500,000 326,780,070,000 437,493,767,000 14 PT Fatrapolindo Nusa Industri Tbk 116,630,826,701 154,932,251,457 90,448,302,843 132,713,386,473 193,738,802,297 15 PT Adhi Karya Tbk 8,873,263,176 6,798,200,000 1,077,106,058,482 1,556,115,186,292 2,234,985,183,000 16 PT Aneka Kemasindo Utama Tbk 9,394,666,900 11,076,399,865 1,043,384,955 5,344,041,687 7,774,933,552 17 PT Bumi Teknokultura Unggul Tbk 653,809,751 73,367,573,298 84,922,500 1,034,158,500 5,926,340,090 18 PT Indosiar Karya Media Tbk 370,873,608,899 470,497,983,312 853,522,006,124 980,031,216,788 1,007,656,306,789 19 PT Arpeni Pratama Ocean Line Tbk 974,639,163,013 943,522,398,456 579,879,673,788 594,146,572,275 845,866,695,216 20 PT Excelcomindo Pratama Tbk 5,273,119,855,000 4,728,132,128,000 2,228,723,078,000 2,590,703,653,000 1,254,229,153,000 21 PT Bakrie Telecom Tbk 885,304,037,341 1,087,814,842,638 247,599,446,031 275,028,953,261 369,054,865,176 22 PT Indonesia Air Transport Tbk 302,254,044,000 289,250,463,000 155,961,431,000 203,798,110,000 231,052,980,000 23 PT SAT Nusapersada Tbk 122,149,697,332 361,659,350,483 1,456,981,434,226 2,028,152,137,819 1,443,191,077,994 24 PT Kertas Basuki Rachmat Indonesia Tbk 1,161,994,254,066 1,195,101,669,200 157,995,113,649 181,396,349,846 201,317,040,252 25 PT Sekawan Intipratama Tbk 39,856,460,900 48,357,334,044 10,398,462,388 17,370,249,442 56,683,039,460 26 PT Nippon Indosari Corpindo Tbk 201,430,865,600 204,680,869,234 250,512,653,862 383,553,101,828 485,919,837,348 27 PT Indopoly Swakarsa Industry Tbk 1,134,706,468,939 1,177,323,651,306 899,256,411,875 1,216,253,494,380 1,230,221,494,397 28 PT Krakatau Steel Tbk 3,162,273,000,000 3,378,928,000,000 14,836,019,000,000 20,631,431,000,000 16,913,535,000,000 29 PT Berau Coal Energy 348,145,000,000 369,589,000,000 3,445,023,000,000 6,110,247,000,000 8,318,616,000,000

No Perusahaan

t-2 t-1 t-2 t-1

1 PT Indofarma Tbk 41,065,195,412 117,008,903,459 43,603,417,763 9,415,145,472 2 PT Daeyu Orchid Indonesia Tbk 1,109,916,252 7,107,090,471 3,899,480,474 10,268,730,777 3 PT Kimia Farma Tbk 98,245,856,018 169,818,976,395 -60,759,953,016 138,843,956,525 4 PT Arwana Citramulia Tbk -981,841,164 4,251,500,718 16,244,659,759 14,892,978,524 5 PT Lapindo Packaging Tbk 557,033,801 394,061,317 890,037,375 -3,285,139,787 6 PT Betonjaya Manunggal Tbk 139,428,547 350,275,750 4,076,168,416 1,169,529,801 7 PT Pyridam Farma Tbk 725,409,030 1,448,218,192 575,640,414 3,053,804,083 8 PT Ryane Adibusana Tbk 794,298,678 1,726,914,851 -5,338,981,961 -4,233,080,909 9 PT Colopark Indonesia Tbk 2,641,947,467 4,839,342,611 4,132,882,535 3,533,480,707 10 PT Sugi Samapersada Tbk 552,645,600 781,837,870 3,781,702,222 -16,741,718,581 11 PT Sanex Qianjiang Motor International -3,172,867,153 1,892,858,978 360,153,439 2,079,369,471 12 PT Multistrada Arah Sarana Tbk -79,672,428,809 2,015,564,935,695 5,470,117,768 -6,842,574,854 13 PT Malindo Feedmill Tbk 6,218,731,000 4,860,064,000 47,240,013,000 -10,908,123,000 14 PT Fatrapolindo Nusa Industri Tbk 12,301,307,036 21,557,207,287 25,275,365,894 42,014,269,265 15 PT Adhi Karya Tbk 42,334,893,863 37,495,358,000 -24,880,810,493 5,734,681,000 16 PT Aneka Kemasindo Utama Tbk -118,678,292 848,904,591 971,855,071 -133,833,624 17 PT Bumi Teknokultura Unggul Tbk -326,077,794 446,483,208 -754,743,442 -4,223,737,546 18 PT Indosiar Karya Media Tbk 205,064,352,720 100,820,554,442 237,774,169,777 -972,949,790 19 PT Arpeni Pratama Ocean Line Tbk 22,033,878,332 77,316,707,303 91,505,751,576 194,562,268,094 20 PT Excelcomindo Pratama Tbk -45,302,622,000 -94,110,729,000 1,583,167,257,000 883,643,344,000 21 PT Bakrie Telecom Tbk -297,977,775,798 -144,324,289,011 18,229,457,694 -48,651,918,294 22 PT Indonesia Air Transport Tbk -10,339,650,000 15,120,989,000 11,053,657,000 48,454,493,000 23 PT SAT Nusapersada Tbk 5,101,521,034 20,549,744,957 53,248,676,051 219,316,239,370 24 PT Kertas Basuki Rachmat Indonesia Tbk 146,832,798,959 -57,778,802,346 -60,081,501,409 23,026,477,058 25 PT Sekawan Intipratama Tbk -2,040,555,160 320,738,236 -5,477,510,936 -10,972,643,193 26 PT Nippon Indosari Corpindo Tbk 42,411,992,431 57,114,858,132 83,853,996,208 56,084,131,253 27 PT Indopoly Swakarsa Industry Tbk 45,844,564,481 93,440,461,594 -12,857,899,832 -106,696,827,688 28 PT Krakatau Steel Tbk 459,571,000,000 494,672,000,000 607,123,000,000 883,379,000,000 29 PT Berau Coal Energy 170,097,000,000 853,713,000,000 1,048,545,000,000 2,372,433,000,000

No Perusahaan

t-2 t-1 t-2 t-1 t-2 t-1

1 PT Indofarma Tbk -2,538,222,351 107,593,757,987 -0.01782 0.22619 0.0000000000070 0.0000000000021 2 PT Daeyu Orchid Indonesia Tbk -2,789,564,222 -3,161,640,306 -0.16872 -0.17245 0.0000000000605 0.0000000000545 3 PT Kimia Farma Tbk 159,005,809,034 30,975,019,870 0.23984 0.04399 0.0000000000015 0.0000000000014 4 PT Arwana Citramulia Tbk -17,226,500,923 -10,641,477,806 -0.12526 -0.08061 0.0000000000073 0.0000000000076 5 PT Lapindo Packaging Tbk -333,003,574 3,679,201,104 -0.07825 0.76465 0.0000000002350 0.0000000002078 6 PT Betonjaya Manunggal Tbk -3,936,739,869 -819,254,051 -0.26794 -0.04806 0.0000000000681 0.0000000000587 7 PT Pyridam Farma Tbk 149,768,616 -1,605,585,891 0.00400 -0.03890 0.0000000000267 0.0000000000242 8 PT Ryane Adibusana Tbk 6,133,280,639 5,959,995,760 2.57994 0.28919 0.0000000004206 0.0000000000485 9 PT Colopark Indonesia Tbk -1,490,935,068 1,305,861,904 -0.13018 0.09230 0.0000000000873 0.0000000000707 10 PT Sugi Samapersada Tbk -3,229,056,622 17,523,556,451 -0.12214 0.31535 0.0000000000378 0.0000000000180 11 PT Sanex Qianjiang Motor International -3,533,020,592 -186,510,493 -0.04941 -0.00201 0.0000000000140 0.0000000000108 12 PT Multistrada Arah Sarana Tbk -85,142,546,577 2,022,407,510,549 -0.17364 4.27412 0.0000000000020 0.0000000000021 13 PT Malindo Feedmill Tbk -41,021,282,000 15,768,187,000 -0.19280 0.08182 0.0000000000047 0.0000000000052 14 PT Fatrapolindo Nusa Industri Tbk -12,974,058,858 -20,457,061,978 -0.08220 -0.12127 0.0000000000063 0.0000000000059 15 PT Adhi Karya Tbk 67,215,704,356 31,760,677,000 0.06055 0.02915 0.0000000000009 0.0000000000009 16 PT Aneka Kemasindo Utama Tbk -1,090,533,363 982,738,215 -0.09557 0.08174 0.0000000000876 0.0000000000832 17 PT Bumi Teknokultura Unggul Tbk 428,665,648 4,670,220,754 0.23485 2.63817 0.0000000005479 0.0000000005649 18 PT Indosiar Karya Media Tbk -32,709,817,057 101,793,504,232 -0.03337 0.08731 0.0000000000010 0.0000000000009 19 PT Arpeni Pratama Ocean Line Tbk -69,471,873,244 -117,245,560,791 -0.05914 -0.08603 0.0000000000009 0.0000000000007 20 PT Excelcomindo Pratama Tbk -1,628,469,879,000 -977,754,073,000 -0.29533 -0.15102 0.0000000000002 0.0000000000002 21 PT Bakrie Telecom Tbk -316,207,233,492 -95,672,370,717 -0.28555 -0.09098 0.0000000000009 0.0000000000010 22 PT Indonesia Air Transport Tbk -21,393,307,000 -33,333,504,000 -0.05556 -0.07641 0.0000000000026 0.0000000000023 23 PT SAT Nusapersada Tbk -48,147,155,017 -198,766,494,413 -0.11187 -0.34801 0.0000000000023 0.0000000000018 24 PT Kertas Basuki Rachmat Indonesia Tbk 206,914,300,368 -80,805,279,404 0.17022 -0.06561 0.0000000000008 0.0000000000008 25 PT Sekawan Intipratama Tbk 3,436,955,776 11,293,381,429 0.09299 0.19453 0.0000000000271 0.0000000000172 26 PT Nippon Indosari Corpindo Tbk -41,442,003,777 1,030,726,879 -0.24454 0.00334 0.0000000000059 0.0000000000032 27 PT Indopoly Swakarsa Industry Tbk 58,702,464,313 200,137,289,282 0.05762 0.11701 0.0000000000010 0.0000000000006 28 PT Krakatau Steel Tbk -147,552,000,000 -388,707,000,000 -0.01327 -0.02528 0.0000000000001 0.0000000000001 29 PT Berau Coal Energy -878,448,000,000 -1,518,720,000,000 -0.18145 -0.22012 0.0000000000002 0.0000000000001

No Perusahaan

t-2 t-1 t-2 t-1 t-2 t-1 t-2 t-1

1 PT Indofarma Tbk 0.56940 0.27674 0.34348 0.11417 0.47224 0.08231 0.46154 0.02574 2 PT Daeyu Orchid Indonesia Tbk -1.85645 0.32260 0.24987 0.21093 0.47224 0.08231 0.46154 0.02574 3 PT Kimia Farma Tbk 0.40573 0.59544 0.12639 0.41242 0.47224 0.08231 0.46154 0.02574 4 PT Arwana Citramulia Tbk 0.16598 0.08417 0.73040 0.79957 0.47224 0.08231 0.46154 0.02574 5 PT Lapindo Packaging Tbk -0.19924 -0.04799 0.48707 0.81100 0.47224 0.08231 0.46154 0.02574 6 PT Betonjaya Manunggal Tbk -0.54076 -0.05762 0.90128 1.23925 0.47224 0.08231 0.46154 0.02574 7 PT Pyridam Farma Tbk 0.10549 0.08371 0.91091 1.27145 0.47224 0.08231 0.46154 0.02574 8 PT Ryane Adibusana Tbk 2.34587 0.35393 0.93944 0.33905 0.47224 0.08231 0.46154 0.02574 9 PT Colopark Indonesia Tbk -0.46933 0.20058 0.08806 0.08909 0.47224 0.08231 0.46154 0.02574 10 PT Sugi Samapersada Tbk 1.61939 -0.04754 0.80258 0.38244 0.47224 0.08231 0.46154 0.02574 11 PT Sanex Qianjiang Motor International 0.11824 -0.20076 1.29808 0.99898 0.47224 0.08231 0.46154 0.02574 12 PT Multistrada Arah Sarana Tbk 0.07079 0.15780 0.87577 1.43655 0.47224 0.08231 0.46154 0.02574 13 PT Malindo Feedmill Tbk 0.17902 0.44954 0.62258 0.65586 0.47224 0.08231 0.46154 0.02574 14 PT Fatrapolindo Nusa Industri Tbk 0.18780 0.32129 0.73898 0.91846 0.47224 0.08231 0.46154 0.02574 15 PT Adhi Karya Tbk 0.32730 0.80141 0.00799 0.00624 0.47224 0.08231 0.46154 0.02574 16 PT Aneka Kemasindo Utama Tbk 0.32160 0.17498 0.82330 0.92132 0.47224 0.08231 0.46154 0.02574 17 PT Bumi Teknokultura Unggul Tbk 0.44829 0.68809 0.35819 41.44475 0.47224 0.08231 0.46154 0.02574 18 PT Indosiar Karya Media Tbk 0.16549 0.03281 0.37839 0.40357 0.47224 0.08231 0.46154 0.02574 19 PT Arpeni Pratama Ocean Line Tbk -0.00601 0.16145 0.82973 0.69235 0.47224 0.08231 0.46154 0.02574 20 PT Excelcomindo Pratama Tbk 0.07015 -0.21088 0.95629 0.73027 0.47224 0.08231 0.46154 0.02574 21 PT Bakrie Telecom Tbk 0.02138 0.07807 0.79948 1.03445 0.47224 0.08231 0.46154 0.02574 22 PT Indonesia Air Transport Tbk 0.09019 0.09909 0.78495 0.66300 0.47224 0.08231 0.46154 0.02574 23 PT SAT Nusapersada Tbk 0.97690 -0.57226 0.28382 0.63321 0.47224 0.08231 0.46154 0.02574 24 PT Kertas Basuki Rachmat Indonesia Tbk 0.01638 0.01912 0.95593 0.97041 0.47224 0.08231 0.46154 0.02574 25 PT Sekawan Intipratama Tbk 0.11112 0.44850 1.07832 0.83297 0.47224 0.08231 0.46154 0.02574 26 PT Nippon Indosari Corpindo Tbk 0.69952 0.29794 1.18861 0.66323 0.47224 0.08231 0.46154 0.02574 27 PT Indopoly Swakarsa Industry Tbk 0.28068 0.06707 1.11369 0.68833 0.47224 0.08231 0.46154 0.02574 28 PT Krakatau Steel Tbk 0.58440 -0.26147 0.28445 0.21978 0.47224 0.08231 0.46154 0.02574 29 PT Berau Coal Energy 0.29867 0.77513 0.07191 0.05357 0.47224 0.08231 0.46154 0.02574

:2

No Perusahaan

t-2 t-1 t-2 t-1 t-2 t-1

1 PT Indofarma Tbk 0.05550 0.42132 0.0000000000033 0.0000000000002 0.26280 0.00712

2 PT Daeyu Orchid Indonesia Tbk 0.05550 0.42132 0.0000000000286 0.0000000000045 -0.85683 0.00830

3 PT Kimia Farma Tbk 0.05550 0.42132 0.0000000000007 0.0000000000001 0.18726 0.01533 4 PT Arwana Citramulia Tbk 0.05550 0.42132 0.0000000000034 0.0000000000006 0.07660 0.00217 5 PT Lapindo Packaging Tbk 0.05550 0.42132 0.0000000001110 0.0000000000171 -0.09196 -0.00124 6 PT Betonjaya Manunggal Tbk 0.05550 0.42132 0.0000000000321 0.0000000000048 -0.24958 -0.00148 7 PT Pyridam Farma Tbk 0.05550 0.42132 0.0000000000126 0.0000000000020 0.04869 0.00215 8 PT Ryane Adibusana Tbk 0.05550 0.42132 0.0000000001986 0.0000000000040 1.08271 0.00911 9 PT Colopark Indonesia Tbk 0.05550 0.42132 0.0000000000412 0.0000000000058 -0.21661 0.00516 10 PT Sugi Samapersada Tbk 0.05550 0.42132 0.0000000000179 0.0000000000015 0.74741 -0.00122 11 PT Sanex Qianjiang Motor International 0.05550 0.42132 0.0000000000066 0.0000000000009 0.05457 -0.00517 12 PT Multistrada Arah Sarana Tbk 0.05550 0.42132 0.0000000000010 0.0000000000002 0.03267 0.00406 13 PT Malindo Feedmill Tbk 0.05550 0.42132 0.0000000000022 0.0000000000004 0.08263 0.01157 14 PT Fatrapolindo Nusa Industri Tbk 0.05550 0.42132 0.0000000000030 0.0000000000005 0.08668 0.00827

15 PT Adhi Karya Tbk 0.05550 0.42132 0.0000000000004 0.0000000000001 0.15106 0.02063

16 PT Aneka Kemasindo Utama Tbk 0.05550 0.42132 0.0000000000414 0.0000000000068 0.14843 0.00450 17 PT Bumi Teknokultura Unggul Tbk 0.05550 0.42132 0.0000000002587 0.0000000000465 0.20690 0.01771 18 PT Indosiar Karya Media Tbk 0.05550 0.42132 0.0000000000005 0.0000000000001 0.07638 0.00084 19 PT Arpeni Pratama Ocean Line Tbk 0.05550 0.42132 0.0000000000004 0.0000000000001 -0.00277 0.00416 20 PT Excelcomindo Pratama Tbk 0.05550 0.42132 0.0000000000001 0.0000000000000 0.03238 -0.00543 21 PT Bakrie Telecom Tbk 0.05550 0.42132 0.0000000000004 0.0000000000001 0.00987 0.00201 22 PT Indonesia Air Transport Tbk 0.05550 0.42132 0.0000000000012 0.0000000000002 0.04163 0.00255 23 PT SAT Nusapersada Tbk 0.05550 0.42132 0.0000000000011 0.0000000000001 0.45088 -0.01473 24 PT Kertas Basuki Rachmat Indonesia Tbk 0.05550 0.42132 0.0000000000004 0.0000000000001 0.00756 0.00049 25 PT Sekawan Intipratama Tbk 0.05550 0.42132 0.0000000000128 0.0000000000014 0.05129 0.01155 26 PT Nippon Indosari Corpindo Tbk 0.05550 0.42132 0.0000000000028 0.0000000000003 0.32285 0.00767 27 PT Indopoly Swakarsa Industry Tbk 0.05550 0.42132 0.0000000000005 0.0000000000000 0.12954 0.00173 28 PT Krakatau Steel Tbk 0.05550 0.42132 0.0000000000000 0.0000000000000 0.26972 -0.00673 29 PT Berau Coal Energy 0.05550 0.42132 0.0000000000001 0.0000000000000 0.13785 0.01995

No Perusahaan

t-2 t-1 t-2 t-1 t-2 t-1

1 PT Indofarma Tbk 0.01906 0.04810 0.28186 0.05523 -0.29968 0.17096 2 PT Daeyu Orchid Indonesia Tbk 0.01387 0.08887 -0.84296 0.09717 0.67424 -0.26962 3 PT Kimia Farma Tbk 0.00701 0.17376 0.19428 0.18909 0.04557 -0.14510 4 PT Arwana Citramulia Tbk 0.04054 0.33688 0.11714 0.33905 -0.24240 -0.41966 5 PT Lapindo Packaging Tbk 0.02703 0.34169 -0.06492 0.34046 -0.01332 0.42419 6 PT Betonjaya Manunggal Tbk 0.05002 0.52213 -0.19956 0.52064 -0.06837 -0.56871 7 PT Pyridam Farma Tbk 0.05055 0.53569 0.09924 0.53785 -0.09524 -0.57675 8 PT Ryane Adibusana Tbk 0.05214 0.14285 1.13485 0.15196 1.44509 0.13723 9 PT Colopark Indonesia Tbk 0.00489 0.03753 -0.21173 0.04270 0.08155 0.04960 10 PT Sugi Samapersada Tbk 0.04454 0.16113 0.79196 0.15991 -0.91410 0.15544 11 PT Sanex Qianjiang Motor International 0.07204 0.42090 0.12662 0.41573 -0.17602 -0.41774 12 PT Multistrada Arah Sarana Tbk 0.04860 0.60525 0.08127 0.60932 -0.25492 3.66481 13 PT Malindo Feedmill Tbk 0.03455 0.27633 0.11718 0.28790 -0.30997 -0.20608 14 PT Fatrapolindo Nusa Industri Tbk 0.04101 0.38697 0.12769 0.39524 -0.20989 -0.51651 15 PT Adhi Karya Tbk 0.00044 0.00263 0.15151 0.02326 -0.09096 0.00589 16 PT Aneka Kemasindo Utama Tbk 0.04569 0.38817 0.19412 0.39268 -0.28969 -0.31094 17 PT Bumi Teknokultura Unggul Tbk 0.01988 17.46170 0.22678 17.47941 0.00806 -14.84124 18 PT Indosiar Karya Media Tbk 0.02100 0.17003 0.09738 0.17088 -0.13075 -0.08356 19 PT Arpeni Pratama Ocean Line Tbk 0.04605 0.29170 0.04328 0.29586 -0.10242 -0.38189 20 PT Excelcomindo Pratama Tbk 0.05307 0.30768 0.08545 0.30225 -0.38078 -0.45327 21 PT Bakrie Telecom Tbk 0.04437 0.43584 0.05424 0.43785 -0.33979 -0.52883 22 PT Indonesia Air Transport Tbk 0.04356 0.27934 0.08519 0.28189 -0.14075 -0.35830 23 PT SAT Nusapersada Tbk 0.01575 0.26679 0.46663 0.25205 -0.57850 -0.60006 24 PT Kertas Basuki Rachmat Indonesia Tbk 0.05305 0.40886 0.06061 0.40935 0.10961 -0.47496 25 PT Sekawan Intipratama Tbk 0.05984 0.35095 0.11113 0.36250 -0.01814 -0.16796 26 PT Nippon Indosari Corpindo Tbk 0.06597 0.27943 0.38882 0.28710 -0.63336 -0.28376 27 PT Indopoly Swakarsa Industry Tbk 0.06181 0.29001 0.19135 0.29174 -0.13374 -0.17472 28 PT Krakatau Steel Tbk 0.01579 0.09260 0.28551 0.08587 -0.29878 -0.11115 29 PT Berau Coal Energy 0.00399 0.02257 0.14184 0.04252 -0.32329 -0.26265

DA

1 PT Indofarma Tbk INAF 0.08360

2 PT Daeyu Orchid Indonesia Tbk DOID 0.00242

3 PT Kimia Farma Tbk KAEF -0.04704

4 PT Arwana Citramulia Tbk ARNA -0.09648

5 PT Lapindo Packaging Tbk LAPD -0.37585

6 PT Betonjaya Manunggal Tbk BTON -0.54615

7 PT Pyridam Farma Tbk PYFA 0.44840

8 PT Ryane Adibusana Tbk RYAN 0.24820

9 PT Colopark Indonesia Tbk CLPI -0.13109

10 PT Sugi Samapersada Tbk SUGI 0.55955

11 PT Sanex Qianjiang Motor International SQMI -0.05733

12 PT Multistrada Arah Sarana Tbk MASA 0.02996

13 PT Malindo Feedmill Tbk MAIN -0.25309

14 PT Fatrapolindo Nusa Industri Tbk FPNI 0.01679

15 PT Adhi Karya Tbk ADHI -0.05238

16 PT Aneka Kemasindo Utama Tbk AKKU -0.13982

17 PT Bumi Teknokultura Unggul Tbk BTEK 0.32098

18 PT Indosiar Karya Media Tbk IDKM 0.07673

19 PT Arpeni Pratama Ocean Line Tbk APOL -0.02791

20 PT Excelcomindo Pratama Tbk EXCL 0.60062

21 PT Bakrie Telecom Tbk BTEL -0.06667

22 PT Indonesia Air Transport Tbk IATA 0.03922

23 PT SAT Nusapersada Tbk PTSN -0.01080

24 PT Kertas Basuki Rachmat Indonesia Tbk KBRI 0.04269

25 PT Sekawan Intipratama Tbk SIAP -0.04240

26 PT Nippon Indosari Corpindo Tbk ROTI 0.12503

27 PT Indopoly Swakarsa Industry Tbk IPOL -0.23729

28 PT Krakatau Steel Tbk KRAS 0.01846

No Nama Perusahaan Kode KAP

1 PT Indofarma Tbk INAF Hans Tuanakotta & Mustofa

2 PT Daeyu Orchid Indonesia Tbk DOID Riza, Andiek & Zainuddin

3 PT Kimia Farma Tbk KAEF Hans Tuanakotta & Mustofa

4 PT Arwana Citramulia Tbk ARNA Artur Andersen (Prasetio, Utomo & Co)

5 PT Lapindo Packaging Tbk LAPD Amir Abadi Jusuf & Aryanto

6 PT Betonjaya Manunggal Tbk BTON Hans Tuanakotta & Mustofa

7 PT Pyridam Farma Tbk PYFA Artur Andersen (Prasetio, Utomo & Co)

8 PT Ryane Adibusana Tbk RYAN Artur Andersen (Prasetio, Utomo & Co)

9 PT Colopark Indonesia Tbk CLPI Moris International (Doli, Bambang & Sudarmadji)

10 PT Sugi Samapersada Tbk SUGI Drs. Johan, Molanda & Rekan

11 PT Sanex Qianjiang Motor International SQMI Kosasih & Nurdiyaman

12 PT Multistrada Arah Sarana Tbk MASA Drs. Supardan & Mulyana

13 PT Malindo Feedmill Tbk MAIN Drs. Anwar BAP

14 PT Fatrapolindo Nusa Industri Tbk FPNI Artur Andersen (Prasetio, Utomo & Co)

15 PT Adhi Karya Tbk ADHI Soejatna, Mulyana & Rekan

16 PT Aneka Kemasindo Utama Tbk AKKU Drs. Joseph Susilo

17 PT Bumi Teknokultura Unggul Tbk BTEK Drs. Wirawan

18 PT Indosiar Karya Media Tbk IDKM Ernest & Young (Prasetio, Sarwoko & Sandjaja)

19 PT Arpeni Pratama Ocean Line Tbk APOL Ernest & Young (Prasetio, Sarwoko & Sandjaja)

20 PT Excelcomindo Pratama Tbk EXCL PWC (Haryanto Sahari & Rekan)

21 PT Bakrie Telecom Tbk BTEL Jimmy Budi & Rekan

22 PT Indonesia Air Transport Tbk IATA Osman Bing Satrio & Rekan

23 PT SAT Nusapersada Tbk PTSN Eddy Prakarsa Permana & Siddharta

24 PT Kertas Basuki Rachmat Indonesia Tbk KBRI Rama Wendra

25 PT Sekawan Intipratama Tbk SIAP Tjahjadi, Pradhono & Teramihardja

26 PT Nippon Indosari Corpindo Tbk ROTI Ernest & Young (Purwantono, Sarwoko & Sandjaja)

27 PT Indopoly Swakarsa Industry Tbk IPOL Aryanto, Amir Yusuf, Mawar & Saptoto

28 PT Krakatau Steel Tbk KRAS Ernest & Young (Purwantono, Suherman & Surja)

Dalam dokumen B E S L E B A I R A V (Halaman 91-103)

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