Lampiran 1
Kode dan Nama Perusahaan Sampel
No Nama Perusahaan Kode
1 Astra Argo Lestari Tbk AALI
2 PP London Sumatra Indonesia LSIP
3 Sampoerna Agro Tbk SGRO
4 Adaro Energy Tbk ADRO
5 Indika Energy Tbk INDY
6 Medco Energi International Tbk MEDC
7 Perusahaan Gas Negara (persero) Tbk PGAS
8 Duta Graha Indah Tbk DGIK
9 Jaya Kontruksi Manggala Pratama Tbk JKON
10 Petrosa Tbk PTRO
11 Wijaya Karya (persero) Tbk WIKA
12 Delta Jakarta DLTA
13 Fast Food Indonesia Tbk FAST
14 Indofood Sukses Makmur Tbk INDF
15 Mayora Indah MYOR
16 Multi Bintang Indonesia MLBI
17 Sinarmas Agro Resources and Technology (SMART) Tbk SMAR
18 Tunas Baru Lampung Tbk TBLA
19 Gudang Garam Tbk GGRM
20 Sepatu Bata Tbk BATA
21 AKR Corporindo Tbk AKRA
22 Budi Acid Jaya Tbk BUDI
23 Colorpak Indonesia Tbk CLPI
24 Sorini Agro Asia Corporindo Tbk SOBI
25 Tripolyta Indonesia TPIA
26 Ekadharma International Tbk EKAD
27 Resource Alam Indonesia Tbk KKGI
28 Asahimas Flat Glass Tbk AMFG
29 Trias Sentosa Tbk TRST
30 Yanaprima Tbk YPAS
31 Indocement Tunggal Prakarsa Tbk INTP
32 Semen Gresik (persero) Tbk SMGR
33 Lion Metal Works Tbk LION
34 Lion mesh Prima Tbk LMSH
36 Surya Toto Indonesia Tbk TOTO
37 Sumi Indo Kabel Tbk IKBI
38 Supreme Cable Manufacturing & Commerce Tbk SCCO
29 Astra Graphia Tbk ASGR
40 Metrodata Electronics Tbk MTDL
41 Astra Internasional Tbk ASII
42 Astra Otoparts Tbk AUTO
43 Goodyear Indonesia Tbk GDYR
44 Indospring Tbk INDS
45 Indo Kordsa BRAM
46 Intraco Penta Tbk INTA
47 Selamat Sempurna Tbk SMSM
48 Tunas Ridean Tbk TURI
49 United Tractor Tbk UNTR
50 Darya-Varia Laboratoria Tbk DVLA
51 Kalbe Farma Tbk KLBF
52 Merck Tbk MERK
53 Taisho Pharmaceutical Indonesia Tbk SQBI
54 Tempo Scan Pacific Tbk TSPC
55 mandom Indonesia Tbk TCID
56 Mustika Ratu Tbk MRAT
57 Unilever Indonesia Tbk UNVR
58 Telekomunikasi Indonesia (Persero) Tbk TLKM
59 XL Axiata Tbk EXCL
60 Ancora Indonesia Resources Tbk OKAS
61 Enseval Putera Megatrading Tbk EPMT
62 Ramayana Lestari Sentosa Tbk RALS
63 Alam Sutra Realty Tbk ASRI
64 Jaya Real Property Tbk JRPT
65 Metropolitan Kentjana Tbk MKPI
66 International Nickel Indonesia INCO
67 Pembangunan Jaya Ancol Tbk PJAA
68 Summarecon Agung Tbk SMRA
69 plaza Indonesia Realty Tbk PLIN
Lampiran 2 Data yang diolah:
No Tahun Kode DAR ROA CR MBVA Jenis DPR
1 2009 AALI 0.151 0.219 1.826 4.909 1 0.356 1 2010 AALI 0.149 0.229 1.932 4.074 1 0.511 2 2009 LSIP 0.213 0.146 1.419 11.955 1 0.394 2 2010 LSIP 0.181 0.186 2.393 2.573 1 0.276 3 2009 SGRO 0.317 0.125 2.612 2.476 1 0.390 3 2010 SGRO 0.009 0.157 1.892 2.345 1 0.300 3 2009 ADRO 0.588 0.054 1.420 1.892 2 0.177 4 2010 ADRO 0.541 0.103 1.810 2.551 2 0.389 5 2009 INDY 0.154 0.115 13.188 1.039 2 0.500 5 2010 INDY 0.313 0.108 0.995 3.688 2 0.323 6 2009 MEDC 0.643 0.094 1.550 1.078 2 0.413 6 2010 MEDC 0.642 0.037 2.040 1.204 2 0.234 7 2009 PGAS 0.626 0.267 2.752 18.511 2 0.161 7 2010 PGAS 0.510 0.221 3.910 4.336 2 0.560 8 2009 DGIK 0.386 0.045 0.175 0.709 6 0.182 8 2010 DGIK 0.402 0.036 1.912 0.918 6 0.196 9 2009 JKON 0.562 0.082 1.509 1.961 6 0.245 9 2010 JKON 0.611 0.059 1.350 1.822 6 0.356 10 2009 PTRO 0.589 0.820 1.340 1.174 6 0.964 10 2010 PTRO 0.458 0.190 1.040 1.768 6 0.318 11 2009 WIKA 0.713 0.033 1.444 1.064 6 0.024 11 2010 WIKA 0.695 0.045 1.407 1.358 6 0.020 12 2009 DLTA 0.211 0.166 4.531 1.529 5 0.443 12 2010 DLTA 0.163 0.197 6.331 2.897 5 1.090 13 2009 FAST 0.386 0.175 1.586 2.615 5 0.139 13 2010 FAST 0.351 0.161 1.708 3.673 5 0.186 14 2009 INDF 0.616 0.051 1.159 1.520 5 0.199 14 2010 INDF 0.474 0.062 2.036 1.550 5 0.277 15 2009 MYOR 0.500 0.115 2.290 1.063 5 0.210 15 2010 MYOR 0.536 0.110 2.581 1.873 5 0.599 16 2009 MLBI 0.894 0.343 0.659 4.648 5 0.225 16 2010 MLBI 0.585 0.390 0.943 5.680 5 0.001 17 2009 SMAR 0.530 0.073 1.661 1.248 5 0.691 17 2010 SMAR 0.521 0.101 1.527 1.683 5 0.171 18 2009 TBLA 0.680 0.091 1.012 1.191 5 0.131
18 2010 TBLA 0.667 0.068 1.111 1.196 5 0.186 19 2009 GGRM 0.325 0.127 2.455 1.851 5 0.195 19 2010 GGRM 0.058 0.135 27.209 2.814 5 0.302 20 2009 BATA 0.277 0.127 2.352 1.400 4 0.412 20 2010 BATA 0.315 0.045 2.085 2.127 4 0.462 21 2009 AKRA 0.632 0.035 0.959 1.319 3 0.015 21 2010 AKRA 0.627 0.041 1.048 1.545 3 0.670 22 2009 BUDI 0.511 0.092 1.142 1.063 3 0.152 22 2010 BUDI 0.084 0.023 1.029 1.044 3 0.779 23 2009 CLPI 0.474 0.141 1.913 2.808 3 0.194 23 2010 CLPI 0.512 0.103 1.845 0.384 3 0.325 24 2009 SOBI 0.414 0.125 1.535 1.643 3 0.271 24 2010 SOBI 0.543 0.038 1.179 2.428 3 1.185 25 2009 TPIA 0.350 0.176 3.148 0.930 3 0.226 25 2010 TPIA 0.317 0.116 3.209 1.143 3 0.418 26 2009 EKAD 0.462 0.100 1.407 1.002 3 0.102 26 2010 EKAD 0.388 0.120 1.763 1.176 3 0.068 27 2009 KKGI 0.450 0.117 2.457 2.463 3 0.150 27 2010 KKGI 0.418 0.315 2.561 7.436 3 0.057 28 2009 AMFG 0.225 0.034 3.783 0.632 3 0.258 28 2010 AMFG 0.172 0.139 6.296 1.284 3 0.052 29 2009 TRST 0.404 0.075 1.111 0.652 3 0.084 29 2010 TRST 0.390 0.067 1.235 0.677 3 0.308 30 2009 YPAS 0.353 0.097 1.455 2.310 3 0.721 30 2010 YPAS 0.345 0.105 1.467 2.607 3 0.631 31 2009 INTP 0.194 0.207 3.002 3.994 3 0.201 31 2010 INTP 0.146 0.210 5.554 3.974 3 0.257 32 2009 SMGR 0.203 0.257 3.582 3.670 3 0.483 32 2010 SMGR 0.156 0.233 2.917 4.601 3 0.504 33 2009 LION 0.161 0.124 8.001 0.563 3 0.209 33 2010 LION 0.145 0.127 9.441 0.795 3 0.168 34 2009 LMSH 0.455 0.033 2.125 3.086 3 0.240 34 2010 LMSH 0.402 0.094 2.444 5.304 3 0.039 35 2009 ARNA 0.577 0.078 0.792 0.916 3 0.072 35 2010 ARNA 0.525 0.091 0.972 1.141 3 0.163 36 2009 TOTO 0.477 0.181 2.063 0.892 3 0.095 36 2010 TOTO 0.422 0.178 2.097 2.192 3 0.306 37 2009 IKBI 0.124 0.051 7.183 1.006 4 1.332 37 2010 IKBI 0.180 0.008 5.007 0.791 4 0.931 38 2009 SCCO 0.637 0.018 1.203 0.899 4 0.328
38 2010 SCCO 0.634 0.052 1.265 0.980 4 0.098 39 2009 ASGR 0.391 0.107 1.237 1.070 4 0.566 29 2010 ASGR 0.384 0.156 1.463 1.612 4 0.273 40 2009 MTDL 0.617 0.010 1.493 0.865 4 0.203 40 2010 MTDL 0.618 0.032 1.610 0.907 4 0.067 41 2009 ASII 0.450 0.113 1.373 2.131 4 0.426 41 2010 ASII 0.480 0.127 1.262 2.520 4 0.445 42 2009 AUTO 0.272 0.165 2.174 1.264 4 0.307 42 2010 AUTO 0.265 0.204 1.757 2.235 4 0.444 43 2009 GDYR 0.656 0.101 0.770 1.018 4 1.514 43 2010 GDYR 0.638 0.058 0.860 1.084 4 1.321 44 2009 INDS 0.733 0.095 1.272 0.809 4 0.031 44 2010 INDS 0.705 0.092 1.287 1.216 4 0.127 45 2009 BRAM 0.167 0.053 3.454 0.756 4 0.780 45 2010 BRAM 0.190 0.090 4.018 1.005 4 0.419 46 2009 INTA 0.679 0.032 14.339 0.944 4 0.103 46 2010 INTA 0.733 0.051 1.226 1.395 4 0.086 47 2009 SMSM 0.422 0.141 1.587 12.399 4 1.355 47 2010 SMSM 0.467 0.141 2.174 15.530 4 0.861 48 2009 TURI 0.435 0.175 1.354 1.806 4 1.079 48 2010 TURI 0.427 0.128 1.512 1.963 4 0.187 49 2009 UNTR 0.428 0.156 9.525 2.545 4 0.305 49 2010 UNTR 0.456 0.130 1.566 3.223 4 0.421 50 2009 DVLA 0.292 0.092 3.050 1.385 5 0.349 50 2010 DVLA 0.250 0.130 3.717 1.784 5 0.227 51 2009 KLBF 0.261 0.143 2.987 2.372 5 0.137 51 2010 KLBF 0.179 0.180 4.394 4.929 5 0.201 52 2009 MERK 0.161 0.338 5.038 4.129 5 0.814 52 2010 MERK 0.165 0.273 6.228 4.972 5 0.924 53 2009 SQBI 0.174 0.412 5.453 3.593 5 0.624 53 2010 SQBI 0.159 0.289 5.689 3.597 5 0.940 54 2009 TSPC 0.251 0.121 3.468 1.268 5 0.455 54 2010 TSPC 0.263 0.136 3.368 2.418 5 0.598 55 2009 TCID 0.114 0.125 7.263 1.752 5 0.484 55 2010 TCID 0.094 0.126 10.684 1.477 5 0.489 56 2009 MRAT 0.135 0.057 7.179 0.597 5 0.265 56 2010 MRAT 0.126 0.063 7.473 0.846 5 0.172 57 2009 UNVR 0.505 0.407 1.003 11.769 5 0.800 57 2010 UNVR 0.535 0.389 0.851 15.004 5 0.897 58 2009 TLKM 0.488 0.117 0.602 1.577 7 0.550
58 2010 TLKM 0.443 0.118 0.915 1.365 7 0.692 59 2009 EXCL 0.678 0.062 0.330 1.278 7 0.533 59 2010 EXCL 0.570 0.106 0.490 2.225 7 0.315 60 2009 OKAS 0.591 0.019 1.797 1.529 8 0.050 60 2010 OKAS 0.646 0.014 1.410 1.385 8 0.268 61 2009 EPMT 0.463 0.110 1.923 1.074 8 0.191 61 2010 EPMT 0.447 0.079 1.935 1.253 8 0.244 62 2009 RALS 0.230 0.104 2.809 0.512 8 0.654 62 2010 RALS 0.231 0.102 2.850 0.596 8 0.498 63 2009 ASRI 0.456 0.026 1.688 0.985 6 0.024 63 2010 ASRI 0.517 0.063 1.439 1.667 6 0.033 64 2009 JRPT 0.453 0.074 1.120 1.328 6 0.239 64 2010 JRPT 0.507 0.080 1.160 1.506 6 0.239 65 2009 MKPI 0.323 0.142 0.247 1.891 6 0.973 65 2010 MKPI 0.294 0.145 0.398 1.809 6 0.397 66 2009 INCO 0.626 0.267 2.752 18.511 2 0.161 66 2010 INCO 0.510 0.221 3.910 4.336 2 0.560 67 2009 PJAA 0.236 0.090 1.971 0.901 6 0.435 67 2010 PJAA 0.313 0.090 2.000 1.190 6 0.451 68 2009 SMRA 0.613 0.038 0.890 1.481 6 0.117 68 2010 SMRA 0.649 0.038 0.990 1.625 6 0.234 69 2009 PLIN 0.598 0.066 0.864 2.616 8 0.019 69 2010 PLIN 0.876 0.117 3.517 2.093 8 0.009 70 2009 SCMA 0.409 0.121 3.435 0.891 8 0.870 70 2010 SCMA 0.409 0.211 3.547 3.042 8 0.833 Lampiran 3
Kode Jenis Industri
Kode Jenis Jenis Industri
1 Pertanian
2 Pertambangan
3 Industri Dasar dan Kimia
4 Aneka Industri
5 Industri Barang Konsumsi
6 Properti, Real Estate dan Konstruksi Bangunan
7 Infrastruktur, Utilitas, dan Transportasi
Lampiran 4
Hasil Regresi Panel Data, Hausman Tes, dan Statistik Deskriptif
Descriptive Statistics
All results based on nonmissing observations.
=============================================================================== Variable Mean Std.Dev. Minimum Maximum Cases =============================================================================== --- All observations in current sample
--- DPR .389855165 .315360973 .100000000E-02 1.51400000 140 DAR .413587760 .189123883 .939479743E-02 .893964055 140 ROA .129788254 .101689402 .765620319E-02 .820000000 140 CR 2.79636488 3.15213914 .175058883 27.2091639 140 MBVA 2.58699760 3.13106245 .383769295 18.5113934 140 JENIS 4.42857143 1.87809354 1.00000000 8.00000000 140 Hausman Test
| Random Effects Model: v(i,t) = e(i,t) + u(i) | | Estimates: Var[e] = .430512D-01 | | Var[u] = .473969D-01 | | Corr[v(i,t),v(i,s)] = .524023 | | Lagrange Multiplier Test vs. Model (3) = 16.03 | | ( 1 df, prob value = .000062) | | (High values of LM favor FEM/REM over CR model.) | | Fixed vs. Random Effects (Hausman) = 7.86 | | ( 5 df, prob value = .163906) | | (High (low) values of H favor FEM (REM).) | | Reestimated using GLS coefficients: | | Estimates: Var[e] = .456263D-01 | | Var[u] = .489115D-01 | | Sum of Squares .123029D+02 |
Random Effect
+---+---+---+---+---+---+ |Variable | Coefficient | Standard Error |b/St.Er.|P[|Z|>z] | Mean of X| +---+---+---+---+---+---+ DAR -.3911243800 .16896221 -2.315 .0206 .41358776 ROA .5479706126 .27875097 1.966 .0493 .12978825 CR -.3308453013E-02 .80230685E-02 -.412 .6801 2.7963649 MBVA .3765901191E-03 .90258797E-02 .042 .9667 2.5869976 JENIS .1389798327E-01 .17432216E-01 .797 .4253 4.4285714 Constant .4282395621 .11613510 3.687 .0002
Lampiran 5
Lampiran 6
Lampiran 7
DAFTAR RIWAYAT HIDUP
Nama : Ivan Widhyasmoro
Nim : 232008248
Alamat Asal : JL. Cilepuk No. 10, Jatimakmur, Pondok Gede, Bekasi
Judul Skripsi : ANALISIS PENGARUH KEBIJAKAN UTANG,
PROFITABILITAS, LIKUIDITAS, KESEMPATAN
INVESTASI, DAN JENIS INDUSTRI TERHADAP
KEBIJAKAN DIVIDEN
Riwayat Pendidikan : SD Negeri Jatiwaringin XII, Bekasi, Lulus tahun 2002
SMP Negeri 157, Jakarta Timur, Lulus Tahun 2005 SMA Negeri 67, Jakarta Timur, Lulus Tahun 2008
Riwayat Seminar : Seminar Enterprenership 2009, 10 November 2009, , Fakultas
Ekonomika dan Bisnis UKSW, Balairung Utama UKSW
Seminar Nasional Akuntansi “ Arsitektur Standar Keuangan
di Indonesia dan Workshop Implementasi International
Financial Reporting Standard”, 1 April 2009, Fakultas
Ekonomika dan Bisnis UKSW, Balairung Utama UKSW
Seminar Kerohanian, “Keluargaku penting nggak sih?”, 14
April 2009, Campus Ministry, Balairung Utama UKSW
National Seminar On Accounting 2011, “Peran Akuntansi
dalam Pemberantasan Korupsi”, 28 April 2010, Fakultas Ekonomika dan Bisnis UKSW, Balairung Utama UKSW
Seminar Redenominasi Rupiah, 19 Januari 2011, Fakultas
Seminar BRI, 5 Oktober 2011, Fakultas Ekonomika dan Bisnis UKSW, Balairung Utama UKSW
Seminar Kesatuan Gereja Internasional (SKGI), ”One Body of
Christ”, 24-27 Juli 2012, Graha Bethany Nginden Surabaya
Riwayat Berorganisasi : Kepengurusan Lembaga Kemahasiswaan, Ascarya
Journalistic Club FEB UKSW periode 2009-2010, Sebagai
Divisi Layout Majalah e-time
Panitia Workshop Akutansi 2010, “Pengembangan Aplikasi
Sistem Informasi Akuntansi”, 8 Mei 2010, Ruang Multimedia Perpustakaan Pusat UKSW, sebagai Koordinator Sie
Perlengkapan
Anggota Student Development Task Force (Tim Promosi)
FEB UKSW, periode 2010-2011, sebagai Koordinator Tim Kreatif
Panitia acara National Seminar On Accounting 2011,
“Penyusunan Laporan Keuangan Bedasarkan SAK ETAP” 5-6 April 201, Fakultas Ekonomika dan Bisnis UKSW,
Balairiung Utama UKSW, sebagai Sie Publikasi dan Dokumentasi
Panitia acara “Retreat Giving with Love FEB UKSW” 9-11
Maret 2011, Villa Taman Eden Kaliurang, Sebagai Koodinator Sie Musik
Asisten Dosen FEB UKSW matakuliah Manajemen Keuangan, pada semester ganjil tahun 2011
Koordinator Asisten Dosen FEB UKSW untuk matakuliah Manajemen Keuangan, pada semester genap tahun 2012
Asisten Dosen FEB UKSW matakuliah Laboratorium Pengantar Akuntansi, pada semester genap tahun 2012
