Lampiran 1.Jadwal dan Waktu Penelitian
No Kegiatan 2014 - 2015
Januari Februari Maret April Mei Juni Juli
1
Penyusunan &Pengajuan Proposal
2 Bimbingan
proposal
3 Kolokium 4 Bimbingan
Tesis
5 Seminar
Hasil
6 Bimbingan
Akhir Tesis
7 Sidang
Akhir Tesis
Lampiran 2. Tabel List Populasi dan Sampel
No Nama Emiten Kode
Emiten Sektor
Kriteria
Sampel Ket
1 2 3 4
1 Astra Agro Lestari, Tbk AALI Perkebunan V V V V S1
2 Austindo Nusantara Jaya ANJT Perkebunan X X X X
3 BW Plantation Tbk BWPT Perkebunan V V V V S2
4 Dharma Satya Nusantara, Tbk DNSG Perkebunan X X X X
5 Golden Plantation, Tbk GOLL Perkebunan X X X X
6 Gozco Plantation, Tbk GZCO Perkebunan V V X X
7 Jaya Agra Waltie, Tbk JAWA Perkebunan X X X X
8 PP London Sumatera
Indonesia, Tbk LSIP Perkebunan V V V V S3
9 Multi Agro Gemilang
Plantation, Tbk MAGP Perkebunan X X X X
10 Provident Agro, Tbk PALM Perkebunan X X X X
11 Sampoerna Agro, Tbk SGRO Perkebunan V V V V S4
12 Salim Ivomas Pratama, Tbk SIMP Perkebunan X X X X
13 Sinar Mas Agro Resources
dan Technology, Tbk SMAR Perkebunan V V V V S5
14 Sawit Sumbermas Sarana,
Tbk SSMS Perkebunan X X X X
15 Tunas Baru Lampung, Tbk TBLA Perkebunan V V V V S6
16 Bakrie Sumatera Plantation,
Tbk UNSP Perkebunan V V X X
17 Adro Energy Tbk ADRO Pertambangan V V V V S7
18 Atlas Resources Tbk ARII Pertambangan X X X X
19 ATPK Recources Tbk ATPK Pertambangan V V X X
20 Borneo Lumbung Energy dan
Metal Tbk BORN Pertambangan X X X X
21 Berau Coal Energy Tbk BRAU Pertambangan X X X X
22 Baramulti Sukses Sarana Tbk BSSR Pertambangan X X X X
23 Bumi Resources Tbk BUMI Pertambangan V V X X
24 Bayan Resources Tbk BYAN Pertambangan V V X X
25 Darma Henwa Tbk DEWA Pertambangan V V X X
No Nama Emiten Kode
Emiten Sektor
Kriteria
Sampel Ket
1 2 3 4
26 Delta Dunia Makmur, Tbk DOID Pertambangan V V X X
27 Golden Energy Mines Tbk GEMS Pertambangan X X X X
28 Garda Tujuh Buana Tbk GTBO Pertambangan V V X X
29 Harum Energy Tbk HRUM Pertambangan X X X X
30 Indo Tambang Raya Megah Tbk ITMG Pertambangan V V V V S8 31 Resources Alam Indonesia Tbk KKGI Pertambangan V V V V S9
32 Mitrabara Adiperdana TBk MBAP Pertambangan X X X X
33 Samindo Resources Tbk MYOH Pertambangan V V X X
34 Perdana Karya Perkasa Tbk PKPK Pertambangan V V X X
35 Tambang Batubara Bukit
Asam (Persero) Tbk PTBA Pertambangan V V V V S10
36 Petrosea Tbk PTRO Pertambangan V V V X
37 Golden Eagle Energy Tbk SMMT Pertambangan V V X X
38 Toba Bara Sejahtera Tbk TOBA Pertambangan X X X X
39 Ratu Prabu Energi Tbk ARTI Pertambangan V V X X
40 Benakat Petroleum Energy Tbk BIPI Pertambangan X X X X
41 Elnusa Tbk ELSA Pertambangan V V V X
42 Energi Mega Persada Tbk ENRG Pertambangan V V X X
43 Surya Esa Perkasa Tbk ESSA Pertambangan X X X X
44 Medco Energi Internasional Tbk MEDC Pertambangan V V V V S11
45 Radiant Utama Internsco Tbk RUIS Pertambangan V V V V S12
46 Aneka Tambang (Persero) Tbk ANTM Pertambangan V V V V S13
47 Cita Mineral Investindo TBk CITA Pertambangan V V V V S14
48 Citra Kebun Raya Agri Tbk CKRA Pertambangan V V X X
49 Central Omega Resources Tbk DKFT Pertambangan V V X X
50 Vale Indonesia TBk INCO Pertambangan V V V V S15
51 J Resources Asia Pasific Tbk PSAB Pertambangan V V X X
No Nama Emiten Kode
57 PT. Tiga Pilar Sejahtera Food,
Tbk AISA
61 PT. Indofood CBP Sukses
Makmur, Tbk ICBP
63 PT. Multi Bintang Indonesia,
Tbk MLBI
Makanan dan
Minuman V V V V S21
64 PT. Mayora Indah, Tbk MYOR Makanan dan
Minuman V V V V S22
65 PT. Prashida Aneka Niaga,
Tbk PSDN
70 PT. Ultra Jaya Milk Industri
dan Trading Company, Tbk ULTJ
Makanan dan
Minuman V V V V S26
Lampiran 3 . Data Pertumbuhan Laba Kotor (
Gross Profit Growth
)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Gross Profit (in billion) 3.803 3.102 3.609 3.935 4.357 4.082 Growth (%) -18,45% 16,36% 9,02% 10,74% -6,32%
2 BWPT Gross Profit (in billion) 306,0 365,0 467,2 614,0 571,2 541,2 Growth (%) 19,27% 27,99% 31,43% -6,98% -5,24%
3 LSIP Gross Profit (in billion) 1.861 1.390 1.771 2.362 1.681 1.253 Growth (%) -25,27% 27,39% 33,36% -28,84% -25,44%
4 SGRO Gross Profit (in billion) 773,8 599,4 842,6 1.061 793,0 498,1 Growth (%) -22,53% 40,57% 25,89% -25,25% -37,18%
5 SMAR Gross Profit (in billion) 3.776 1.717 3.137 7.522 6.525 4.121 Growth (%) -54,54% 82,77% 139,74% -13,25% -36,84%
6 TBLA Gross Profit (in billion) 812,7 447,2 641,0 1.243 1.028 949,6 Growth (%) -44,97% 43,33% 93,90% -17,31% -7,60%
7 ADRO Gross Profit (in billion) 4.943 11.038 7.732 12.953 10.082 9.010 Growth (%) 123,29% -29,95% 67,52% -22,16% -10,63%
8 ITMG Gross Profit (in billion) 5.232 5.381 4.862 8.089 7.167 6.207 Growth (%) 2,84% -9,63% 66,36% -11,40% -13,40%
9 KKGI Gross Profit (in billion) 120,5 143,1 340,8 869,8 668,8 655,2 Growth (%) 18,77% 138,18% 155,19% -23,10% -2,04%
10 PTBA Gross Profit (in billion) 3.530 4.844 3.650 5.279 5.088 3.464 Growth (%) 37,21% -24,64% 44,62% -3,62% -31,93%
11 MEDC Gross Profit (in billion) 5.586 2.161 2.584 3.402 3.887 4.476 Growth (%) -61,31% 19,54% 31,68% 14,25% 15,16%
12 RIUS Gross Profit (in billion) 126,0 125,3 121,6 150,5 235,3 293,8 Growth (%) -0,60% -2,97% 23,80% 56,33% 24,88%
13 ANTM Gross Profit (in billion) 2.651 1.198 2.937 3.028 2.023 1.616 Growth (%) -54,81% 145,17% 3,09% -33,19% -20,12%
14 CITA Gross Profit (in billion) 680,2 186,1 768,8 1.250 1.152 2.212 Growth (%) -72,64% 313,14% 62,61% -7,86% 92,06%
15 INCO Gross Profit (in billion) 5.515 2.310 5.603 4.660 1.612 1.705 Growth (%) -58,11% 142,54% -16,83% -65,41% 5,78%
16 TINS Gross Profit (in billion) 2.719 1.153 1.924 1.973 1.275 1.444 Growth (%) -57,59% 66,88% 2,55% -35,37% 13,20%
17 AISA Gross Profit (in billion) 152,9 153,0 183,8 422,3 605,2 913,5 Growth (%) 0,06% 20,16% 129,76% 43,31% 50,93%
18 CEKA Gross Profit (in billion) 223 139 83 197 168 225 Growth (%) -37,90% -39,77% 136,43% -14,95% 34,06%
19 DLTA Gross Profit (in billion) 284,3 339,2 359,6 392,9 202,6 261,8
Growth (%) 19,28% 6,04% 9,25% -48,44% 29,24%
20 INDF Gross Profit (in billion) 8.977 10.122 12.470 12.583 13.591 14.330
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
21 MLBI Gross Profit (in billion) 639,1 849,3 1.028 1.080 959,6 2.284 Growth (%) 32,90% 21,06% 5,07% -11,17% 137,97%
22 MYOH Gross Profit (in billion) 753,9 1.134 1.706 1.658 2.346 2.922 Growth (%) 50,38% 50,50% -2,81% 41,44% 24,56%
23 PSDN Gross Profit (in billion) 106,0 88,0 101,3 126,5 159,9 176,2 Growth (%) -17,04% 15,15% 24,85% 26,47% 10,17%
24 SKLT Gross Profit (in billion) 56,9 52,4 62,1 72,5 90,8 124,1 Growth (%) -7,88% 18,41% 16,77% 25,34% 36,59%
25 STTP Gross Profit (in billion) 90,6 102,1 132,9 178,3 247,1 310,0 Growth (%) 12,62% 30,24% 34,12% 38,61% 25,45%
26 ULTJ Gross Profit (in billion) 260,7 421,9 592,2 625,7 901,7 1.014 Growth (%) 61,81% 40,38% 5,65% 44,12% 12,42%
Lampiran 4. Data Pertumbuhan Penjualan (
Sales Growth
)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Sales (in billion) 8.161 7.424 8.844 10.773 11.564 12.675 Growth (%) -9,03% 19,12% 21,81% 7,35% 9,60%
2 BWPT Sales (in billion) 513,7 584,1 712,2 888,3 944,3 1.144 Growth (%) 13,71% 21,92% 24,73% 6,30% 21,18%
3 LSIP Sales (in billion) 3.846 3.200 3.593 4.686 4.212 4.134 Growth (%) -16,81% 12,28% 30,45% -10,13% -1,85%
4 SGRO Sales (in billion) 2.288 1.816 2.312 3.142 2.986 2.561 Growth (%) -20,65% 27,33% 35,93% -4,97% -14,25%
5 SMAR Sales (in billion) 16.094 14.201 20.265 31.676 27.526 23.935 Growth (%) -11,76% 42,70% 56,31% -13,10% -13,05%
6 TBLA Sales (in billion) 3.956 2.784 2.951 3.732 3.806 3.705 Growth (%) -29,63% 6,02% 26,45% 1,99% -2,64%
7 ADRO Sales (in billion) 18.093 26.938 24.689 36.158 35.996 40.043 Growth (%) 48,89% -8,35% 46,45% -0,45% 11,24%
8 ITMG Sales (in billion) 14.421 14.228 14.977 21.599 23.585 26.557 Growth (%) -1,34% 5,26% 44,21% 9,19% 12,60%
9 KKGI Sales (in billion) 338,4 406,6 970,4 2.128 2.078 2.358 Growth (%) 20,17% 138,64% 119,26% -2,33% 13,48%
10 PTBA Sales (in billion) 7.216 8.948 7.909 10.582 11.594 11.209 Growth (%) 24,00% -11,61% 33,79% 9,57% -3,32%
11 MEDC Sales (in billion) 14.085 6.299 8.348 10.367 8.745 10.835 Growth (%) -55,28% 32,52% 24,19% -15,65% 23,90%
12 RIUS Sales (in billion) 1.179 1.038 1.048 1.164 1.602 1.797 Growth (%) -11,96% 1,02% 11,05% 37,67% 12,11%
13 ANTM Sales (in billion) 9.592 8.711 8.744 10.346 10.450 11.298 Growth (%) -9,18% 0,38% 18,32% 1,00% 8,12%
14 CITA Sales (in billion) 1.325 577,9 1.806 2.915 2.609 4.125 Growth (%) -56,38% 212,58% 61,38% -10,50% 58,11%
15 INCO Sales (in billion) 14.367 7.178 11.459 11.267 9.354 11.234 Growth (%) -50,04% 59,64% -1,67% -16,98% 20,10%
16 TINS Sales (in billion) 9.053 7.710 8.339 8.750 7.363 5.852 Growth (%) -14,84% 8,16% 4,92% -15,85% -20,52%
17 AISA Sales (in billion) 489,2 533,2 705,2 1.753 2.748 4.057 Growth (%) 9,00% 32,26% 148,55% 56,76% 47,65%
18 CEKA Sales (in billion) 1.964 1.195 718 1.238 1.124 2.532 Growth (%) -39,17% -39,88% 72,40% -9,26% 125,35%
19 DLTA Sales (in billion) 0,0 0,0 0,0 0,0 0 0
Growth (%) 0,71% -2,23% 0,22% 8,42% 1,06%
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
21 MLBI Sales (in billion) 1.326 1.616 1.790 1.859 1.567 3.562 Growth (%) 21,92% 10,76% 3,83% -15,70% 127,31%
22 MYOH Sales (in billion) 3.908 4.777 7.224 9.454 10.511 12.018 Growth (%) 22,25% 51,22% 30,86% 11,18% 14,34%
23 PSDN Sales (in billion) 713,1 592,4 928,5 1.246 1.305 1.280 Growth (%) -16,93% 56,75% 34,22% 4,72% -1,96%
24 SKLT Sales (in billion) 313,1 276,3 314,1 344,4 401,7 567,0 Growth (%) -11,76% 13,69% 9,64% 16,63% 41,15%
25 STTP Sales (in billion) 624,4 627,1 762,6 1.028 1.284 1.695 Growth (%) 0,43% 21,61% 34,76% 24,92% 32,03%
26 ULTJ Sales (in billion) 1.363 1.614 1.880 2.102 2.810 3.460 Growth (%) 18,44% 16,51% 11,80% 33,65% 23,15%
Lampiran 5. Data Pertumbuhan Rasio Lancar (Current Ratio Growth
)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Current Ratio 194,4% 182,6% 193,2% 131,0% 68,5% 45,0% Growth (%) -6,09% 5,80% -32,20% -47,73% -34,27%
2 BWPT Current Ratio 31,1% 118,6% 127,4% 85,3% 65,1% 44,6% Growth (%) 281,63% 7,48% -33,05% -23,67% -31,49%
3 LSIP Current Ratio 170,1% 140,5% 239,3% 483,3% 327,3% 248,5% Growth (%) -17,36% 70,25% 101,97% -32,27% -24,07%
4 SGRO Current Ratio 227,0% 261,2% 189,2% 158,9% 111,0% 105,1% Growth (%) 15,08% -27,57% -15,99% -30,16% -5,35%
5 SMAR Current Ratio 172,2% 158,0% 152,7% 186,4% 210,0% 104,7% Growth (%) -8,28% -3,35% 22,11% 12,62% -50,13%
6 TBLA Current Ratio 110,3% 112,0% 111,1% 137,8% 158,8% 112,0% Growth (%) 1,50% -0,80% 24,06% 15,21% -29,45%
7 ADRO Current Ratio 116,9% 198,1% 176,1% 166,5% 157,2% 177,2% Growth (%) 69,44% -11,11% -5,42% -5,58% 12,69%
8 ITMG Current Ratio 149,1% 197,8% 183,4% 236,6% 221,7% 199,2% Growth (%) 32,65% -7,25% 28,97% -6,29% -10,16%
9 KKGI Current Ratio 237,0% 205,7% 232,2% 282,4% 194,8% 173,5% Growth (%) -13,19% 12,88% 21,61% -31,03% -10,91%
10 PTBA Current Ratio 365,7% 491,2% 579,1% 463,2% 492,4% 286,6% Growth (%) 34,31% 17,88% -20,00% 6,29% -41,79%
11 MEDC Current Ratio 222,5% 155,4% 204,2% 160,5% 264,9% 200,3% Growth (%) -30,16% 31,43% -21,41% 65,00% -24,37%
12 RIUS Current Ratio 198,5% 217,4% 149,5% 107,7% 108,5% 111,8% Growth (%) 9,53% -31,21% -27,98% 0,75% 3,04%
13 ANTM Current Ratio 801,7% 727,3% 381,8% 1064,2% 251,4% 183,6% Growth (%) -9,27% -47,51% 178,76% -76,38% -26,96%
14 CITA Current Ratio 109,9% 80,8% 68,6% 89,2% 98,5% 191,0% Growth (%) -26,51% -15,14% 30,15% 10,36% 93,96%
15 INCO Current Ratio 489,1% 723,6% 450,2% 435,7% 341,0% 330,1% Growth (%) 47,95% -37,79% -3,22% -21,74% -3,20%
16 TINS Current Ratio 262,4% 294,1% 323,7% 325,7% 400,3% 219,7% Growth (%) 12,09% 10,04% 0,63% 22,89% -45,10%
17 AISA Current Ratio 88,5% 117,3% 128,5% 189,4% 126,9% 175,0% Growth (%) 32,44% 9,58% 47,36% -32,96% 37,87%
18 CEKA Current Ratio 735,1% 489,4% 167,2% 168,7% 102,7% 163,2% Growth (%) -33,41% -65,83% 0,87% -39,11% 58,91%
19 DLTA Current Ratio 378,9% 470,4% 633,1% 600,9% 526,5% 470,5% Growth (%) 24,13% 34,59% -5,08% -12,39% -10,62%
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
21 MLBI Current Ratio 93,5% 65,9% 94,5% 99,4% 58,0% 97,7% Growth (%) -29,55% 43,42% 5,21% -41,61% 68,38%
22 MYOH Current Ratio 218,9% 229,0% 258,1% 221,9% 276,1% 240,2% Growth (%) 4,65% 12,68% -14,03% 24,45% -13,00%
23 PSDN Current Ratio 278,3% 156,3% 138,2% 155,0% 160,7% 167,6% Growth (%) -43,85% -11,56% 12,15% 3,65% 4,29%
24 SKLT Current Ratio 170,5% 189,0% 192,5% 169,7% 141,5% 123,4% Growth (%) 10,85% 1,85% -11,83% -16,65% -12,79%
25 STTP Current Ratio 122,4% 168,8% 170,9% 103,5% 99,7% 114,2% Growth (%) 37,91% 1,23% -39,46% -3,61% 14,53%
26 ULTJ Current Ratio 185,4% 211,6% 200,1% 152,1% 201,8% 247,0% Growth (%) 14,15% -5,46% -23,98% 32,70% 22,39%
Lampiran 6. Data Pertumbuhan Rasio Hutang Terhadap Total Aset (
Debt To
Total Asset Ratio Growth)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Debt to Total Asset Ratio 18,1% 15,1% 15,2% 17,4% 24,6% 31,4% Growth (%) -16,69% 0,39% 14,81% 41,12% 27,59%
2 BWPT Debt to Total Asset Ratio 73,1% 44,2% 57,5% 60,3% 66,1% 64,8%
Growth (%) -39,55% 30,03% 4,86% 9,63% -1,98%
3 LSIP Debt to Total Asset Ratio 35,0% 21,4% 18,1% 14,0% 16,8% 17,1% Growth (%) -38,90% -15,40% -22,58% 20,12% 1,31%
4 SGRO Debt to Total Asset Ratio 26,8% 21,0% 24,9% 26,7% 35,5% 40,2% Growth (%) -21,66% 18,66% 7,25% 33,02% 13,09%
5 SMAR Debt to Total Asset Ratio 53,9% 53,0% 53,2% 50,2% 45,0% 64,7% Growth (%) -1,72% 0,47% -5,77% -10,35% 43,89%
6 TBLA Debt to Total Asset Ratio 68,1% 64,2% 66,0% 62,1% 66,1% 71,1%
Growth (%) -5,81% 2,86% -5,85% 6,46% 7,42%
7 ADRO Debt to Total Asset Ratio 58,4% 58,8% 54,1% 56,8% 55,2% 52,6%
Growth (%) 0,62% -7,91% 5,05% -2,81% -4,88%
8 ITMG Debt to Total Asset Ratio 37,7% 34,3% 33,8% 31,5% 32,8% 30,8%
Growth (%) -8,92% -1,36% -6,81% 3,97% -6,15%
9 KKGI Debt to Total Asset Ratio 45,0% 44,7% 74,1% 59,9% 29,4% 8,1% Growth (%) -0,60% 65,56% -19,13% -50,95% -72,57%
10 PTBA Debt to Total Asset Ratio 33,2% 28,4% 26,2% 29,0% 33,2% 79,4% Growth (%) -14,59% -7,84% 11,04% 14,25% 139,22%
11 MEDC Debt to Total Asset Ratio 62,4% 64,3% 64,2% 66,9% 68,3% 64,5%
Growth (%) 3,17% -0,17% 4,22% 1,95% -5,49%
12 RIUS Debt to Total Asset Ratio 67,4% 62,5% 64,0% 78,5% 79,7% 79,5%
Growth (%) -7,21% 2,36% 22,62% 1,50% -0,22%
13 ANTM Debt to Total Asset Ratio 20,8% 17,6% 22,0% 29,1% 34,9% 41,5% Growth (%) -15,45% 25,16% 32,37% 19,74% 18,92%
14 CITA Debt to Total Asset Ratio 42,9% 36,5% 43,8% 44,8% 42,4% 44,4%
Growth (%) -14,83% 19,94% 2,30% -5,52% 4,80%
15 INCO Debt to Total Asset Ratio 17,5% 22,4% 23,3% 26,9% 26,2% 24,8%
Growth (%) 28,35% 3,99% 15,58% -2,67% -5,21%
16 TINS Debt to Total Asset Ratio 34,0% 29,4% 28,5% 30,0% 25,6% 37,9% Growth (%) -13,54% -2,80% 5,20% -14,56% 47,96%
17 AISA Debt to Total Asset Ratio 61,5% 68,2% 69,5% 49,0% 47,4% 53,1% Growth (%) 10,75% 2,02% -29,60% -3,12% 11,89%
18 CEKA Debt to Total Asset Ratio 59,2% 47,0% 63,7% 50,8% 54,9% 50,6% Growth (%) -20,64% 35,66% -20,24% 8,09% -7,84%
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
20 INDF Debt to Total Asset Ratio 66,8% 61,6% 47,4% 41,0% 42,5% 50,9% Growth (%) -7,70% -23,04% -13,54% 3,67% 19,63%
21 MLBI Debt to Total Asset Ratio 63,4% 89,4% 58,5% 56,6% 71,4% 44,6% Growth (%) 40,94% -34,51% -3,38% 26,17% -37,52%
22 MYOH Debt to Total Asset Ratio 56,3% 50,0% 53,6% 63,3% 63,0% 59,9% Growth (%) -11,25% 7,24% 17,97% -0,34% -5,00%
23 PSDN Debt to Total Asset Ratio 52,9% 51,1% 53,5% 51,0% 40,0% 38,8% Growth (%) -3,51% 4,67% -4,53% -21,64% -3,11%
24 SKLT Debt to Total Asset Ratio 49,9% 42,2% 40,7% 42,6% 48,2% 53,8% Growth (%) -15,54% -3,56% 4,85% 12,95% 11,63%
25 STTP Debt to Total Asset Ratio 42,0% 26,3% 31,1% 47,6% 53,6% 52,8% Growth (%) -37,44% 18,34% 52,96% 12,71% -1,56%
26 ULTJ Debt to Total Asset Ratio 34,7% 31,1% 35,2% 35,6% 60,8% 63,9%
Growth (%) -10,49% 13,20% 1,38% 70,55% 5,15%
Lampiran 7. Data Pertumbuhan Rasio Tingat Pengembalian Ekuitas (
Return
On Equity Growth)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Return On Equity 51,0% 26,7% 28,0% 29,7% 26,2% 18,9% Growth (%) -47,73% 4,85% 6,03% -11,65% -28,02%
2 BWPT Return On Equity 43,9% 18,5% 21,6% 22,5% 15,7% 8,3% Growth (%) -57,83% 16,68% 4,12% -29,97% -47,12%
3 LSIP Return On Equity 29,0% 18,6% 22,7% 35,8% 17,9% 11,9% Growth (%) -36,05% 22,30% 57,78% -50,07% -33,35%
4 SGRO Return On Equity 28,3% 16,0% 21,2% 22,0% 12,8% 4,5% Growth (%) -43,61% 32,75% 3,78% -41,91% -64,64%
5 SMAR Return On Equity 22,7% 15,6% 21,6% 25,6% 24,1% 13,8% Growth (%) -31,16% 38,54% 18,24% -5,83% -42,82%
6 TBLA Return On Equity 7,1% 13,9% 20,0% 27,4% 13,9% 4,8% Growth (%) 95,23% 43,65% 37,13% -49,45% -65,26%
7 ADRO Return On Equity 6,3% 25,1% 11,9% 22,9% 14,1% 8,8% Growth (%) 296,12% -52,63% 92,80% -38,39% -37,59%
8 ITMG Return On Equity 38,5% 42,6% 28,3% 51,0% 42,6% 16,6% Growth (%) 10,71% -33,55% 80,15% -16,57% -61,09%
9 KKGI Return On Equity 18,0% 11,7% 54,7% 69,2% 16,5% 10,8% Growth (%) -34,77% 366,30% 26,48% -76,21% -34,56%
10 PTBA Return On Equity 42,7% 47,8% 31,6% 37,8% 26,7% 31,1% Growth (%) 12,01% -34,05% 19,78% -29,41% 16,71%
11 MEDC Return On Equity 38,2% 2,7% 10,6% 56,9% 4,9% 4,4% Growth (%) -92,90% 289,42% 438,13% -91,38% -9,23%
12 RIUS Return On Equity 14,9% 8,8% 6,0% 1,9% 12,3% 11,4% Growth (%) -40,87% -32,07% -68,43% 547,51% -7,33%
13 ANTM Return On Equity 17,0% 7,4% 17,6% 17,9% 23,3% 3,2% Growth (%) -56,30% 136,95% 1,68% 30,54% -86,26%
14 CITA Return On Equity 46,3% 10,8% 15,7% 25,6% 20,8% 32,7% Growth (%) -76,56% 44,72% 63,37% -18,75% 57,13%
15 INCO Return On Equity 23,6% 10,8% 26,0% 18,9% 3,9% 2,3% Growth (%) -54,38% 141,59% -27,54% -79,22% -42,49%
16 TINS Return On Equity 35,1% 9,1% 22,6% 19,5% 9,6% 11,2% Growth (%) -73,97% 146,58% -13,49% -51,01% 17,54%
17 AISA Return On Equity 7,3% 8,8% 13,1% 8,2% 12,5% 14,7% Growth (%) 20,08% 48,16% -37,39% 52,47% 17,94%
18 CEKA Return On Equity 11,3% 16,4% 9,6% 23,8% 12,6% 12,3% Growth (%) 45,35% -41,64% 148,32% -47,05% -2,47%
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
20 INDF Return On Equity 12,2% 20,4% 17,6% 15,9% 14,0% 8,9% Growth (%) 67,95% -13,93% -9,78% -11,80% -36,40%
21 MLBI Return On Equity 64,6% 323,6% 94,0% 95,7% 137,5% 118,6% Growth (%) 400,99% -70,95% 1,80% 43,66% -13,72%
22 MYOH Return On Equity 15,8% 23,5% 24,3% 20,0% 24,3% 26,0% Growth (%) 49,29% 3,32% -17,92% 21,61% 7,27%
23 PSDN Return On Equity 10,2% 25,9% 9,3% 11,6% 6,3% 5,1% Growth (%) 154,60% -63,91% 23,85% -45,91% -18,38%
24 SKLT Return On Equity 4,2% 11,3% 4,1% 4,9% 6,1% 8,2% Growth (%) 165,94% -63,79% 19,02% 26,45% 33,21%
25 STTP Return On Equity 1,3% 10,2% 9,5% 8,7% 12,9% 16,5% Growth (%) 666,23% -6,10% -8,66% 47,83% 28,07%
26 ULTJ Return On Equity 26,8% 5,1% 8,3% 7,2% 21,1% 16,1% Growth (%) -80,82% 60,82% -12,46% 191,79% -23,47%
Lampiran 8. Data Pertumbuhan Ukuran Perusahaan (
Size Growth
)
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
1 AALI Size (LN Total Aktiva) 15,69 15,84 15,99 16,14 16,33 16,52
Growth (%) 0,95% 0,94% 0,93% 1,22% 1,14%
2 BWPT Size (LN Total Aktiva) 13,83 14,30 14,79 15,09 15,41 15,64
Growth (%) 3,38% 3,44% 2,04% 2,08% 1,51%
3 LSIP Size (LN Total Aktiva) 15,41 15,39 15,53 15,73 15,84 15,89
Growth (%) -0,09% 0,89% 1,29% 0,67% 0,34%
4 SGRO Size (LN Total Aktiva) 14,58 14,63 14,87 15,04 15,24 15,32
Growth (%) 0,33% 1,64% 1,15% 1,28% 0,57%
5 SMAR Size (LN Total Aktiva) 16,12 16,14 16,34 16,50 16,60 16,73
Growth (%) 0,11% 1,24% 1,01% 0,60% 0,74%
6 TBLA Size (LN Total Aktiva) 14,85 14,84 15,11 15,26 15,46 15,64
Growth (%) -0,04% 1,82% 1,00% 1,33% 1,15%
7 ADRO Size (LN Total Aktiva) 17,33 17,56 17,52 17,75 17,99 18,22
Growth (%) 1,33% -0,26% 1,34% 1,31% 1,32%
8 ITMG Size (LN Total Aktiva) 16,19 16,24 16,10 16,48 16,48 16,65
Growth (%) 0,33% -0,89% 2,36% 0,05% 0,99%
9 KKGI Size (LN Total Aktiva) 26,14 26,33 26,99 27,61 27,63 29,23
Growth (%) 0,74% 2,50% 2,29% 0,09% 5,77%
10 PTBA Size (LN Total Aktiva) 15,62 15,90 15,98 16,26 16,36 15,46
Growth (%) 1,79% 0,48% 1,73% 0,62% -5,48%
11 MEDC Size (LN Total Aktiva) 16,89 16,77 16,83 16,97 17,06 17,25
Growth (%) -0,71% 0,36% 0,82% 0,53% 1,08%
12 RIUS Size (LN Total Aktiva) 13,34 13,24 13,30 13,80 13,97 14,06
Growth (%) -0,70% 0,41% 3,80% 1,25% 0,62%
13 ANTM Size (LN Total Aktiva) 16,14 16,11 16,33 16,54 16,80 16,90
Growth (%) -0,19% 1,33% 1,29% 1,57% 0,62%
14 CITA Size (LN Total Aktiva) 13,49 13,52 14,17 14,43 14,49 15,14
Growth (%) 0,25% 4,79% 1,84% 0,43% 4,49%
15 INCO Size (LN Total Aktiva) 16,82 16,77 16,79 16,90 16,93 17,14
Growth (%) -0,29% 0,13% 0,66% 0,16% 1,23%
16 TINS Size (LN Total Aktiva) 15,57 15,40 15,59 15,70 15,63 15,88
Growth (%) -1,12% 1,24% 0,71% -0,44% 1,61%
17 AISA Size (LN Total Aktiva) 13,83 14,11 14,48 15,09 15,17 15,43
Growth (%) 2,03% 2,57% 4,26% 0,49% 1,72%
18 CEKA Size (LN Total Aktiva) 13,31 13,25 13,65 13,62 13,84 13,88
Growth (%) -0,46% 3,04% -0,24% 1,63% 0,29%
19 DLTA Size (LN Total Aktiva) 13,46 13,54 13,47 13,45 13,52 13,67
No Kode
Emiten Deskripsi
Tahun
2008 2009 2010 2011 2012 2013
20 INDF Size (LN Total Aktiva) 17,49 17,51 17,67 17,80 17,90 18,17
Growth (%) 0,11% 0,90% 0,71% 0,58% 1,53%
21 MLBI Size (LN Total Aktiva) 13,76 13,81 13,94 14,02 13,96 14,39
Growth (%) 0,39% 0,98% 0,51% -0,41% 3,13%
22 MYOH Size (LN Total Aktiva) 14,89 14,99 15,30 15,70 15,93 16,09
Growth (%) 0,71% 2,03% 2,65% 1,46% 0,98%
23 PSDN Size (LN Total Aktiva) 12,57 12,78 12,94 12,95 13,43 13,43
Growth (%) 1,66% 1,25% 0,12% 3,72% -0,01%
24 SKLT Size (LN Total Aktiva) 12,21 12,19 12,20 12,27 12,43 12,62
Growth (%) -0,20% 0,13% 0,59% 1,25% 1,53%
25 STTP Size (LN Total Aktiva) 13,35 13,22 13,38 13,75 14,04 14,20
Growth (%) -1,00% 1,27% 2,72% 2,11% 1,16%
26 ULTJ Size (LN Total Aktiva) 14,37 14,37 14,51 14,59 14,02 14,04
Growth (%) -0,03% 1,02% 0,57% -3,95% 0,13%
Lampiran 10. Hasil SPPS - Statistik Deskriptif
Descriptive Statistics
N Min Max Sum Mean
Std.
Deviation
Skewness Kurtosis
Statistic Statistic Statistic Statistic Statistic Statistic Statistic Std.
Error
Statistic Std.
Error
GP_Gro 130 -72,64 313,14 2434,99 18,7307 53,42163 1,883 ,212 6,885 ,422
Sales_Gro 130 -56,38 212,58 2359,09 18,1468 40,95060 2,244 ,212 7,593 ,422
CR_Gro 130 -76,38 281,63 427,70 3,2900 42,62214 2,863 ,212 15,094 ,422
DAR_Gro 130 -72,57 139,22 370,97 2,8536 24,01555 1,457 ,212 8,277 ,422
ROE_Gro 130 -92,90 666,23 2981,44 22,9342 115,64717 3,106 ,212 11,737 ,422
Size_Gro 130 -5,48 5,77 128,08 ,9852 1,37217 -,288 ,212 5,445 ,422
GCG 130 35,63 97,20 9214,53 70,8810 14,75920 ,066 ,212 -,665 ,422
Valid N
(listwise)
Lampiran 11. Hasil SPSS - Statistik Deskriptif Setelah Tranformasi Data
Descriptive Statistics
N Min Max Sum Mean
Std.
Deviation
Skewness Kurtosis
Statistic Statistic Statistic Statistic Statistic Statistic Statistic Std.
Error
Statistic Std.
Error
GP_Gro 130 4,61 6,19 678,74 5,2211 ,25214 ,507 ,212 1,419 ,422
Sales_Gro 130 4,61 5,91 668,15 5,1396 ,20524 ,959 ,212 3,224 ,422
CR_Gro 130 4,61 6,13 671,95 5,1689 ,20339 1,029 ,212 4,039 ,422
DAR_Gro 130 4,61 5,74 670,59 5,1584 ,13234 ,098 ,212 4,732 ,422
ROE_Gro 130 4,61 6,76 687,13 5,2856 ,38668 1,316 ,212 2,660 ,422
Size_Gro 130 4,61 4,71 606,81 4,6677 ,01292 -,430 ,212 5,821 ,422
GCG 130 4,61 5,08 637,15 4,9012 ,10998 -,161 ,212 -,530 ,422
Valid N
(listwise)
130
Lampiran 12. Hasil SPSS – Analisis Regresi Bergadan (Model Regresi I)
a. Predictors: (Constant), GCG, Size_Gro, CR_Gro, ROE_Gro, DAR_Gro
b. Dependent Variable: GP_Gro
Lampiran 13. Hasil SPSS – Uji Glejser Model Regresi I
Coefficientsa
Model
Unstandardized
Coefficients
Standardized
Coefficients
t Sig.
Correlations Collinearity
Statistics
B Std.
Error Beta
Zero-order Parti
al Part
Tolera
nce VIF
1 (Constant) ,308 4,312 ,071 ,943
CR_Gro -,022 ,060 -,036 -,371 ,711 ,023 -,033 -,033 ,845 1,184
DAR_Gro -,116 ,094 -,120 -1,229 ,221 -,086 -,110 -,108 ,810 1,234
ROE_Gro ,056 ,030 ,170 1,839 ,068 ,145 ,163 ,162 ,911 1,098
Size_Gro ,023 ,889 ,002 ,026 ,979 ,019 ,002 ,002 ,956 1,046
GCG ,028 ,105 ,024 ,265 ,792 -,010 ,024 ,023 ,941 1,063
Lampiran 14. Hasil SPSS – Analisis Regresi Moderasi (Model Regresi II)
a. Predictors: (Constant), GCG, Size_Gro, CR_Gro, ROE_Gro, DAR_Gro
b. Dependent Variable: Sales_Gro
Lampiran 15. Hasil SPSS – Uji Glesjer Model Regresi II
Coefficientsa
Model
Unstandardized
Coefficients
Standardized
Coefficients
t Sig.
Correlations Collinearity
Statistics
B Std.
Error Beta
Zero-order Parti
al Part
Toler
ance VIF
1 (Constant) -2,873 4,139 -,694 ,489
CR_Gro ,041 ,058 ,069 ,712 ,478 ,086 ,064 ,063 ,845 1,184
DAR_Gro -,005 ,091 -,005 -,053 ,958 -,029 -,005 -,005 ,810 1,234
ROE_Gro ,034 ,029 ,107 1,147 ,253 ,103 ,103 ,102 ,911 1,098
Size_Gro ,532 ,854 ,057 ,623 ,535 ,062 ,056 ,055 ,956 1,046
GCG ,029 ,101 ,027 ,291 ,772 ,008 ,026 ,026 ,941 1,063
a. Dependent Variable: Abs_Ut1
Lampiran 16. Hasil SPSS – Analisis Regresi Moderasi – Uji Residual
Coefficientsa
Model
Unstandardize
d Coefficients
Standardized
Coefficients
t Sig.
Correlations Collinearity
Statistics
B Std.
Error Beta
Zero-order Parti
al Part
Toler
ance VIF
1 (Constant) -,209 ,221 -,950 ,344
GP_Gro ,063 ,042 ,130 1,483 ,140 ,130 ,130 ,130 1,000 1,000
