Peran Environmental Performance Terhadap Environmental Disclosure Dan Economic Performance Bagi Perusahaan Yang Ada Di Bursa Efek Indonesia

62

LAMPIRAN

Lampiran 1.

Data deviden untuk menghitung economic performance tahun 2011-2013

No

Kode

2011

2012

2013

Div

Div

Div

1

SMCB

23

32

48

2

UNVR

250

300

300

3

AMFG

80

80

80

4

INTP

263

293

450

5

ICBP

116

169

186

6

KAEF

4.995

6.185

5.5401

7

KLBF

70

95

19

8

GGRM

800

1000

680

9

KBLM

2

3

3

10

CPIN

39.799999

42

46

Sumber: yahoo finance

Lampiran 2.

Data variabel Environmental Performance pada tahun 2011-2013

No

Nama Perusahaan

Kode

Peringkat

PROPER

2011

skor

1

PT Holcim Indonesia Tbk

SMCB

EMAS

5

2

PT Unilever Indonesia Tbk

UNVR

HIJAU

4

3

PT Asahimas Flat Glass Tbk

AMFG

HIJAU

4

4

PT Indocement Tunggal Prakarsa Tbk

INTP

HIJAU

4

5

PT Indofood CBP Sukses Makmur Tbk

ICBP

BIRU

3

6

PT Kimia Farma Tbk

KAEF

BIRU

3

7

PT Kalbe Farma Tbk

KLBF

BIRU

3

8

PT Gudang Garam Tbk

GGRM

MERAH 2

63

Sumber: kementrian lingkungan hidup, PROPER

No

Nama Perusahaan

Kode

Peringkat

PROPER

2012

skor

1

PT Holcim Indonesia Tbk

SMCB EMAS

5

2

PT Unilever Indonesia Tbk

UNVR EMAS

5

3

PT Asahimas Flat Glass Tbk

AMFG BIRU

3

4

PT Indocement Tunggal Prakarsa Tbk

INTP

EMAS

5

5

PT Indofood CBP Sukses Makmur Tbk

ICBP

BIRU

3

6

PT Kimia Farma Tbk

KAEF

BIRU

3

7

PT Kalbe Farma Tbk

KLBF

BIRU

3

8

PT Gudang Garam Tbk

GGRM MERAH 2

9

PT Kabelindo Murni Tbk

KBLM HITAM

1

10 PT Charoen Phokpan Tbk

CPIN

BIRU

3

Sumber: kementrian lingkungan hidup, PROPER

No

Nama Perusahaan

Kode

Peringkat

PROPER

2013

skor

1

PT Holcim Indonesia Tbk

SMCB

EMAS

5

2

PT Unilever Indonesia Tbk

UNVR

EMAS

5

3

PT Asahimas Flat Glass Tbk

AMFG

BIRU

3

4

PT Indocement Tunggal Prakarsa Tbk

INTP

EMAS

5

5

PT Indofood CBP Sukses Makmur Tbk

ICBP

BIRU

3

6

PT Kimia Farma Tbk

KAEF

BIRU

3

7

PT Kalbe Farma Tbk

KLBF

BIRU

3

8

PT Gudang Garam Tbk

GGRM

MERAH 2

64

Lampiran 3.

Data variabel Environmental Disclosure pada tahun 2011-2013

No

Kode

2011

Yg dilaporkan

wajib

ED

%

1

SMCB

5

6 0,833333 83,33333

2

UNVR

4

6 0,666667 66,66667

3

AMFG

4

6 0,666667 66,66667

4

INTP

4

6 0,666667 66,66667

5

ICBP

3

6

0,5

50

6

KAEF

3

6

0,5

50

7

KLBF

3

6

0,5

50

8

GGRM

2

6 0,333333 33,33333

9

KBLM

1

6 0,166667 16,66667

10

CPIN

1

6 0,166667 16,66667

Sumber: data sekunder yang diolah

No

Kode

2012

Yg dilaporkan

wajib

ED

%

1

SMCB

5

6 0,833333 83,33333

2

UNVR

5

6 0,833333 83,33333

3

AMFG

3

6

0,5

50

4

INTP

5

6 0,833333 83,33333

5

ICBP

3

6

0,5

50

6

KAEF

3

6

0,5

50

7

KLBF

3

6

0,5

50

8

GGRM

2

6 0,333333 33,33333

9

KBLM

1

6 0,166667 16,66667

10

CPIN

3

6

0,5

50

Sumber: data sekunder yang diolah

No

Kode

2013

Yg dilaporkan

wajib

ED

%

1

SMCB

5

6 0,833333 83,33333

2

UNVR

5

6 0,833333 83,33333

65

Data untuk menghitung economic performance pada tahun 2011-2013

No

Kode

2011

Sumber: data sekunderyang diolah

No

Kode

2012

Sumber: data sekunder yang diolah

No

Kode

2013

P1

Po

div

MeRI

1

SMCB

2275

3100

48 -0,133064516

2

UNVR

26000

22050

300

0,089569161

66

4

INTP

20000

21750

450 -0,040229885

5

ICBP

10200

8000

186

0,1375

6

KAEF

590

1030

5.540 -0,213592233

7

KLBF

1250

1090

19

0,073394495

8

GGRM

42000

51850

680 -0,094985535

9

KBLM

158

120

3

0,158333333

10

CPIN

3375

3875

46 -0,064516129

Data Variabel Economic Performance

No

Kode

2011

2012

2013

67

Lampiran 5.

Hasil Estimasi Dengan Metode Fixed Effect Model (FEM)

Dependent Variable: EVP? Method: Pooled Least Squares Date: 04/16/15 Time: 09:19 Sample: 2011 2013

Included observations: 3 Cross-sections included: 10

Total pool (balanced) observations: 30

Variable Coefficient Std. Error t-Statistic Prob.

C -5.49E-07 8.39E-07 -0.653711 0.5216 EVD? 0.060000 1.52E-08 3949616. 0.0000 EP? 4.47E-12 1.68E-11 0.265609 0.7936 Fixed Effects (Cross)

_SMCB--C -2.19E-07 _UNVR--C -2.89E-07 _AMFG--C -1.64E-07 _INTP--C -2.90E-07 _ICBP--C -3.27E-08 _KAEF--C -5.70E-08 _KLBF--C -3.23E-08 _GGRM--C 9.58E-07 _KBLM--C 1.55E-07 _CPIN--C -2.91E-08

Effects Specification

Cross-section fixed (dummy variables)

68

Redundant Fixed Effects Tests Pool: POOL1

Test cross-section fixed effects

Effects Test Statistic d.f. Prob.

Cross-section F 1.761714 (9,18) 0.1465 Cross-section Chi-square 18.951823 9 0.0256

Lampiran 6.

Hasil Estimasi Dengan Metode Random Effects Model

Dependent Variable: EVP?

Method: Pooled EGLS (Cross-section random effects) Date: 04/16/15 Time: 09:21

Sample: 2011 2013 Included observations: 3 Cross-sections included: 10

Total pool (balanced) observations: 30

Swamy and Arora estimator of component variances

Variable Coefficient Std. Error t-Statistic Prob.

C 3.95E-08 2.77E-07 0.142494 0.8877 EVD? 0.060000 4.69E-09 12799871 0.0000 EP? -5.39E-12 1.09E-11 -0.494470 0.6250 Random Effects (Cross)

_SMCB--C 4.31E-08 _UNVR--C -2.51E-08 _AMFG--C -8.60E-08 _INTP--C -2.50E-08 _ICBP--C -4.69E-08 _KAEF--C -3.12E-08 _KLBF--C -4.72E-08 _GGRM--C 3.95E-07 _KBLM--C -1.38E-07 _CPIN--C -3.89E-08

Effects Specification

S.D. Rho

Cross-section random 2.24E-07 0.2806 Idiosyncratic random 3.59E-07 0.7194

Weighted Statistics

69

Unweighted Statistics

R-squared 1.000000 Mean dependent var 3.200000 Sum squared resid 4.37E-12 Durbin-Watson stat 1.168760

Correlated Random Effects - Hausman Test Pool: POOL1

Test cross-section random effects

Test Summary

Chi-Sq.

Statistic Chi-Sq. d.f. Prob.

Cross-section random 0.593562 2 0.7432

Lampiran 7.

Hasil Estimasi Dengan Metode Ordinary Least Square (OLS)

Dependent Variable: EVP? Method: Pooled Least Squares Date: 04/16/15 Time: 09:19 Sample: 2011 2013

Included observations: 3 Cross-sections included: 10

Total pool (balanced) observations: 30

Variable Coefficient Std. Error t-Statistic Prob.

C -5.49E-07 8.39E-07 -0.653711 0.5216 EVD? 0.060000 1.52E-08 3949616. 0.0000 EP? 4.47E-12 1.68E-11 0.265609 0.7936 Fixed Effects (Cross)

_SMCB--C -2.19E-07 _UNVR--C -2.89E-07 _AMFG--C -1.64E-07 _INTP--C -2.90E-07 _ICBP--C -3.27E-08 _KAEF--C -5.70E-08 _KLBF--C -3.23E-08 _GGRM--C 9.58E-07 _KBLM--C 1.55E-07 _CPIN--C -2.91E-08

Effects Specification

Cross-section fixed (dummy variables)

70

Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression 3.59E-07 Akaike info criterion -26.55177 Sum squared resid 2.32E-12 Schwarz criterion -25.99129 Log likelihood 410.2766 Hannan-Quinn criter. -26.37247 F-statistic 3.44E+13 Durbin-Watson stat 2.143945 Prob(F-statistic) 0.000000

Lampiran 8.

Hasil Estimasi dengan Metode Hausman Test

Correlated Random Effects - Hausman Test Pool: POOL1

Test cross-section random effects

Test Summary

Chi-Sq.

Statistic Chi-Sq. d.f. Prob.

Cross-section random 0.593562 2 0.7432

Cross-section random effects test comparisons:

Variable Fixed Random Var(Diff.) Prob.

EVD? 0.060000 0.060000 0.000000 0.4613 EP? 0.000000 -0.000000 0.000000 0.4423

Cross-section random effects test equation: Dependent Variable: EVP?

Method: Panel Least Squares Date: 04/16/15 Time: 09:22 Sample: 2011 2013

Included observations: 3 Cross-sections included: 10

Total pool (balanced) observations: 30

Variable Coefficient Std. Error t-Statistic Prob.

C -5.49E-07 8.39E-07 -0.653711 0.5216 EVD? 0.060000 1.52E-08 3949616. 0.0000 EP? 4.47E-12 1.68E-11 0.265609 0.7936

Effects Specification

Cross-section fixed (dummy variables)

71

Log likelihood 410.2766 Hannan-Quinn criter. -26.37247 F-statistic 3.44E+13 Durbin-Watson stat 2.143945 Prob(F-statistic) 0.000000

Lampiran 9.

Statistic Deskriptif

EVP

EVD

EP

Mean

3.200000

53.33300

2065.057

Median

3.000000

50.00000

142.6800

Maximum

5.000000

83.33000

39799.22

Minimum

1.000000

16.67000

2.020000

Std. Dev.

1.297212

21.61883

7317.359

Skewness

-0.088689

-0.088714

4.806165

Kurtosis

2.200215

2.199992

25.23643

Jarque-Bera

0.838899

0.839367

733.5694

Probability

0.657409

0.657255

0.000000

Sum

96.00000

1599.990

61951.70

Sum Sq. Dev. 48.80000

13553.84

1.55E+09

Observations

30

30

30

Lampiran 10.

Uji Autokorelasi

Dependent Variable: EVP Method: Panel Least Squares Date: 04/19/15 Time: 10:12 Sample: 2011 2013

Periods included: 3

Cross-sections included: 10

Total panel (balanced) observations: 30

Variable Coefficient Std. Error t-Statistic Prob.

C -0.000631 0.000220 -2.864012 0.0103 EVD 0.060012 3.99E-06 15053.27 0.0000 EP 5.05E-09 4.42E-09 1.143112 0.2680

72

Cross-section fixed (dummy variables)

R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression 9.42E-05 Akaike info criterion -15.41221 Sum squared resid 1.60E-07 Schwarz criterion -14.85174 Log likelihood 243.1832 Hannan-Quinn criter. -15.23291 F-statistic 4.99E+08 Durbin-Watson stat 2.144459 Prob(F-statistic) 0.000000

Lampiran 11.

Hasil Estimasi Regresi

Dependent Variable: EVP Method: Panel Least Squares Date: 04/19/15 Time: 12:27 Sample: 2011 2013

Cross-sections included: 10

Total panel (balanced) observations: 30

Variable Coefficient Std. Error t-Statistic Prob.

C -0.000166 7.09E-05 -2.338185 0.0270

EVD 0.060004 1.20E-06 50075.36 0.0000

EP -2.02E-09 3.54E-09 -0.570121 0.5733

R-squared 1.000000 Mean dependent var 3.200000

Adjusted R-squared 1.000000 S.D. dependent var 1.297212

S.E. of regression 0.000132 Akaike info criterion -14.93805

Sum squared resid 4.68E-07 Schwarz criterion -14.79793

Log likelihood 227.0707 F-statistic 1.41E+09