(1)Lampiran 1
PERUSAHAAN-PERUSAHAAN YANG TERDAFTAR DALAM INDEKS LQ-45 PERIODE 2005-2010 (Populasi)
Agt04-Jan05
Feb-
Jul05
Agt05-Jan06
Feb-Jul06
Agt06-Jan07
Feb-Jul07
Agt07-Jan08
Feb-Jul08
Agt08-Jan09
Feb-Jul09
Agt09-Jan10
Feb-Jul10
Agt10-Jan
11
1 Astra Agro Lestari Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
2 Aneka Tambang (Persero) Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
3 Astra International Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
4 Astra Otoparts Tbk √ - - - - -
5 Bank Central Asia Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
6 Bank Danamon Indonesia Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
7 Berlian Laju Tanker Tbk √ - √ √ √ √ √ √ √ √ √ √ √
8 Bakrie & Brothers Tbk √ √ √ √ √ √ √ √ √ - √ √ √
9 Bank Niaga Tbk √ √ √ √ √ √ √ √ √ √ - - -
10 Bank International Indonesia Tbk √ √ √ √ √ √ √ √ √ √ - - -
11 Barito Pacific Timber Tbk √ √ √ - √ - √ √ - √ √ √ √
12 Bumi Resources Tbk √ √ √ √ √ √ √ √ √ - √ √ √
13 Ciputra Surya Tbk √ √ - √ √ √ √ - - - -
14 Ciputra Development Tbk Baru √ - - - - √ √ √ √ √ - - -
15 Dankos Laboratories Tbk √ - - - -
16 Enseval Putra Megatrading Tbk √ √ - - - √ - - - -
17 Gudang Garam Tbk √ √ √ √ √ √ - - - - √ √ √
18 Gajah Tunggal Tbk √ √ √ √ √ √ - - - -
19 HM Sampoerna Tbk √ √ - - - -
20 International Nickel Ind .Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
21 Indofood Sukses Makmur Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
22 Indah Kiat Pulp & Paper Tbk √ √ √ √ √ √ √ √ √ √ √ √ -
23 Indocement Tunggal Prakasa Tbk √ √ √ √ √ √ - - - √ √ √ √
24 Indosat Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
25 Jakarta Int'l Hotel & Dev. Tbk √ √ √ √ - - - -
26 Kawasan Industri Jababeka Tbk √ √ √ √ √ √ √ √ √ - - - -
27 Kalbe Farma Tbk √ √ √ √ √ √ √ √ - √ √ √ √
28 Limas Stokhomindo Tbk √ - - - -
29 Bank Lippo Tbk √ - √ √ - - - -
30 Matahari Putra Prima Tbk √ - - - √ - - - -
31 Bank NISP Tbk √ - - - -
Agt04-Jan05
Feb-
Jul05 Agt05-Jan06 Feb-Jul06 Agt06-Jan07 Feb-Jul07 Agt07-Jan08
Feb-Jul08
Agt08-Jan09 Feb-Jul09
Agt09-Jan10
Feb-Jul10
Agt10-Jan 11
32 Bank Pan Indonesia Tbk √ √ √ √ √ √ √ - - - -
33 Panin Insurance Tbk √ - - - -
34 Tambang Batubara Bukit Asam Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
35 Ramayana Lestari Sentosa Tbk √ - √ - √ - - - -
36 Bentoel International Investama Tbk √ √ - - - -
37 Semen Cibinong Tbk (Holcim) √ √ √ √ √ √ √ √ √ √ √ √ √
38 Semen Gresik (Persero) Tbk √ - - - √ √ √ √ √
39 Summarecon Agung Tbk √ - √ √ √ - - - -
40 Timah Tbk √ √ √ - - - √ √ √ √ √ √ √
41 Pabrik Kertas Tjiwi Kimia Tbk √ √ √ √ √ - - - -
42 Telekomunikasi Indonesia Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
43 Tempo Scan Pacific Tbk √ - - - - √ √ - - - -
44 United Tractors Tbk √ √ √ √ √ √ √ √ √ √ √ √ √
45 Unilever Indonesia Tbk √ √ √ √ √ √ - √ - √ √ √ √
46 Adhi Karya (Persero) Tbk - √ √ √ √ √ √ √ - - - - -
47 Bank Rakyat Indonesia (Persero) Tbk - √ √ √ √ √ √ √ √ √ √ √ √
48 BFI Finance Indonesia Tbk - √ - - - -
49 Bank Mandiri (Persero) Tbk - √ √ √ √ √ √ √ √ √ √ √ √
50 Bakrieland Development Tbk - √ - - - - √ √ √ - √ √ √
51 Energi Mega Persada Tbk - √ √ √ √ √ √ √ √ - √ √ √
52 PP London Sumatera Tbk - √ √ √ √ √ √ - √ √ √ √ √
53 Medco Energi International Tbk - √ √ √ √ √ √ √ √ √ √ √ √
54 Perusahaan Gas Negara (Persero) Tbk - √ √ √ √ √ √ √ √ √ √ √ √
55 Palm Asia Corpora Tbk - √ √ √ - - - -
56 Trimegah Securities Tbk - √ - - - -
57 Bakrie Sumatra Plantations Tbk - √ √ √ √ √ √ √ √ - √ √ √
58 GT Petrochem Industries Tbk - - √ √ √ - - - -
59 Bank Permata Tbk - - √ √ - - - -
60 Citra Marga Nusaphala Persada Tbk - - √ √ √ √ √ - - - -
61 Panin Life Tbk - - √ √ √ √ √ √ - - - - -
62 Multipolar Tbk - - - √ - - - -
63 Arpeni Pratama Ocean Line Tbk - - - - √ √ - - - -
64 Bakrie Telecom Tbk - - - - √ √ √ √ √ - √ √ √
Agt04-Jan05
Feb-
Jul05 Agt05-Jan06 Feb-Jul06 Agt06-Jan07 Feb-Jul07 Agt07-Jan08
Feb-Jul08
Agt08-Jan09 Feb-Jul09
Agt09-Jan10
Feb-Jul10
Agt10-Jan 11
65 Lippo Karawaci Tbk - - - - √ √ - - √ √ √ √ √
66 Apexindo Pratama Duta Tbk - - - √ - - - -
67 Sumalindo Lestari Jaya Tbk - - - √ √ √ - - - - -
68 Total Bangun Persada Tbk - - - √ √ √ - - - - -
69 Bank Bukopin Tbk - - - √ - - - -
70 Bhakti Investama Tbk - - - √ √ - - - - -
71 Global Mediacom Tbk - - - √ √ - - - - √
72 Central Proteinaprima Tbk - - - √ √ √ √ - - -
73 Truba Alam Manunggal Engineering - - - √ √ √ - √ √ √
74 Bank Negara Indonesia Tbk - - - √ √ √ √ √ √
75 Sentul City Tbk - - - √ - - - - -
76 Charoen Pokphand Indonesia Tbk - - - √ √ √ - - -
77 Mobile-8 Telecom Tbk - - - √ - - - - -
78 Tunas Baru Lampung Tbk - - - √ √ √ - - -
79 AKR Corporindo Tbk - - - √ √ - - -
80 Bisi International Tbk - - - √ √ √ √ -
81 Darma Henwa Tbk - - - √ - √ √ √
82 Indo Tambangraya Megah Tbk - - - √ √ √ √ √
83 Mitra Rajasa Tbk - - - √ √ √ √ -
84 Media Nusantara Citra Tbk - - - √ - - - -
85 Sampoerna Agro Tbk - - - √ √ √ √ -
86 Adaro Energy Tbk - - - √ √ √ √
87 Bayan Resources Tbk - - - √ - - -
88 Elnusa Tbk - - - √ √ √ √
89 Indika Energy Tbk - - - √ √ √ √
90 Jasa Marga Tbk - - - √ √ √ √
91 Wijaya Karya (Persero) Tbk - - - √ - - -
92 Hexindo Adiperkasa Tbk - - - √ -
93 Alam Sutera Realty Tbk - - - √
94 Bank Tabungan Negara (persero) Tbk - - - √
95 Benakat Petroleum Energy Tbk - - - √
96 Delta Dunia Makmur Tbk - - - √
97 Bumi Serpong Damai Tbk - - - √
Lampiran 2 Data Manajemen Laba
Astra Agro TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Lestari / Ait-1
2005 -9105000000
-0.002691541 2.95611E-13 -0.030030557 0.9536381 6.84E+10 0.02858316 -0.101
-0.039645905
-0.076855144 0.074163604
2006 -241904000000
-0.075791228 3.13311E-13 0.121267406 1.18524868 6.84E+10 0.02858316 -0.101 0.144361574
-0.093685873 0.017894645
2007 -622985000000
-0.178150705 2.85963E-13 0.629967214 1.28874063 6.84E+10 0.02858316 -0.101 0.604044662 -0.09282865 -0.08532206
2008 543590000000 0.10154893 1.86812E-13 0.411034701 1.02588256 6.84E+10 0.02858316 -0.101 0.428841211
-0.078173204 0.179722134
2009 -324245000000
-0.049732422 1.53379E-13 -0.11303031 1.05701947 6.84E+10 0.02858316 -0.101
-0.133544005
-0.099666888 0.049934466
2010 -929877000000
-0.122814423 1.32076E-13 0.187473676 1.05050599 6.84E+10 0.02858316 -0.101 0.200605067
-0.090917514 -0.03189691
Aneka TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Tambang / Ait-1
2005 51283271000 0.00848689 1.6549E-13 0.064987817 0.81146584 6.84E+10 0.02858316 -0.101 0.034205905
-0.069340302 0.077827192
2006 -158522946000
-0.024758711 1.56184E-13 0.371430851 0.75386517 6.84E+10 0.02858316 -0.101 0.303829058 -0.0564753 0.03171659
2007 296553070000 0.040667483 1.37134E-13 0.874749949 0.67387926 6.84E+10 0.02858316 -0.101 0.767891535
-0.036466927 0.07713441
2008 230822972000 0.019174661 8.30709E-14 -0.200717564 0.43708039 6.84E+10 0.02858316 -0.101
-0.110576602
-0.041451018 0.060625679
2009 -391102606000
-0.038174822 9.76082E-14 -0.085954844 0.57700271 6.84E+10 0.02858316 -0.101
-0.107735796
-0.054452226 0.016277404
2010 -321173539000
-0.032311233 1.00604E-13 0.003312875 0.64760287 6.84E+10 0.02858316 -0.101
-0.073325662
-0.060366412 0.028055179
Astra TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
International / Ait-1
2005 7679243000000 0.196174035 2.5546E-14 0.429370373 0.45989014 6.84E+10 0.02858316 -0.101 0.397320484
-0.033162612 0.229336647
2006 -5307970000000
-0.086778802 1.63488E-14 -0.101746595 0.34015689 6.84E+10 0.02858316 -0.101
-0.094271288 -0.03579732 -0.05098148
2007 -4725000000000
-0.081564956 1.72624E-14 0.25332375 0.41319339 6.84E+10 0.02858316 -0.101 0.224777483
-0.033963116 -0.04760184
2008 -1394000000000
-0.021945844 1.57431E-14 0.423189547 0.5135233 6.84E+10 0.02858316 -0.101 0.416120907 -0.03869133 0.016745486
2009 -1295000000000
-0.016039138 1.23854E-14 0.018107506 0.47283874 6.84E+10 0.02858316 -0.101 0.000619272
-0.046704315 0.030665177
2010 11459000000000 0.128842564 1.12438E-14 0.353785783 0.51869842 6.84E+10 0.02858316 -0.101 0.33341204
-0.041883753 0.170726317
International TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Nikel / Ait-1
2005 -123002790000
-0.008177887 6.64854E-14 0.089483636 1.37388695 6.84E+10 0.02858316 -0.101 0.074239895
-0.131548357 0.12337047
2006 113554839000 0.007002552 6.16667E-14 0.206165536 1.2048071 6.84E+10 0.02858316 -0.101 0.103197032
-0.114040259 0.121042811
2007 -2141087385000 -0.11203455 5.2326E-14 0.512959995 1.12296273 6.84E+10 0.02858316 -0.101 0.564667645
-0.093254987 -0.01877956
2008 759021500000 0.042818628 5.64129E-14 -0.425631446 1.50162872 6.84E+10 0.02858316 -0.101
-0.380272851
-0.158079851 0.200898479
2009 -338558220000
-0.016856972 4.97905E-14 -0.356136939 1.20175486 6.84E+10 0.02858316 -0.101
-0.367365219
-0.127995572 0.1111386
2010 -1833363810000
-0.096245185 5.24965E-14 0.228387402 1.29966309 6.84E+10 0.02858316 -0.101 0.217919098
-0.120931106 0.024685921
Indofood TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Sukses / Ait-1
2005 -676660958941
-0.043172692 6.38025E-14 0.053984731 0.62578637 6.84E+10 0.02858316 -0.101 0.041327095
-0.057411318 0.014238626
2006 -953721000000
-0.064501256 6.76312E-14 0.214857945 0.72653387 6.84E+10 0.02858316 -0.101 0.220213584
-0.062171852 -0.0023294
2007 -1633402000000
-0.099813176 6.11075E-14 0.361557785 1.11117832 6.84E+10 0.02858316 -0.101 0.319501805
-0.098476477 -0.0013367
2008 -1650417000000
-0.055556698 3.36622E-14 0.368297495 0.71297801 6.84E+10 0.02858316 -0.101 0.364134118
-0.059017545 0.003460847
2009 -238646000000
-0.006027737 2.52581E-14 -0.041889219 0.59994351 6.84E+10 0.02858316 -0.101
-0.034212887 -0.0596067 0.053578963
2010 -3957092000000
-0.097989169 2.47629E-14 0.031263935 0.63901818 6.84E+10 0.02858316 -0.101 0.020260851
-0.062014566 -0.0359746
Indosat TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
/ Ait-1
2005 -3692551000000
-0.132480236 3.58777E-14 0.04160683 1.25834315 6.84E+10 0.02858316 -0.101 0.047055325
-0.122794588 -0.00968565
2006 -4259530000000
-0.129914683 3.04998E-14 0.019813138 1.27819431 6.84E+10 0.02858316 -0.101 0.016370995
-0.126036533 -0.00387815
2007 -6231886000000
-0.182066326 2.92153E-14 0.124138317 1.49479617 6.84E+10 0.02858316 -0.101 0.131168683
-0.144633927 -0.0374324
2008 -4634713000000 -0.10230006 2.20726E-14 0.047911574 1.40113212 6.84E+10 0.02858316 -0.101 0.041074859
-0.138274689 0.035974629
2009 -2552964000000
-0.049386726 1.93449E-14 -0.005147996 1.44735234 6.84E+10 0.02858316 -0.101
-0.006007275
-0.144456895 0.095070169
2010 -6191710000000
-0.112491692 1.81681E-14 0.02549893 1.41895087 6.84E+10 0.02858316 -0.101 0.022532058
-0.140864353 0.028372661
Tambang TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Batubara / Ait-1
2005 125998000000 0.052826227 4.19262E-13 0.161086493 0.52715248 6.84E+10 0.02858316 -0.101 0.094614113
-0.021655189 0.074481416
2006 148173000000 0.052179287 3.52151E-13 0.188328303 0.45352134 6.84E+10 0.02858316 -0.101 0.123004976
-0.018025951 0.070205238
2007 -607594000000
-0.195510298 3.21778E-13 -0.429596935 0.42277878 6.84E+10 0.02858316 -0.101
-0.360848773
-0.030840469 -0.16466983
2008 98194000000 0.024998021 2.54578E-13 1.277426248 0.35264459 6.84E+10 0.02858316 -0.101 1.069661164 0.012507891 0.01249013
2009 -32476000000
-0.005318361 1.63763E-13 0.283575964 0.24584927 6.84E+10 0.02858316 -0.101 0.262477581
-0.006030922 0.000712561
2010 -480903000000
-0.059528174 1.23784E-13 -0.128574608 0.24877249 6.84E+10 0.02858316 -0.101
-0.065657471
-0.018438311 -0.04108986
Telkom TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
/ Ait-1
2005 -13109114000000
-0.233344652 1.78002E-14 0.139899093 1.49065058 6.84E+10 0.02858316 -0.101 0.135292298
-0.144879688 -0.08846496
2006 -15689611000000
-0.252362032 1.60847E-14 0.152592323 1.62084222 6.84E+10 0.02858316 -0.101 0.150350636
-0.157664287 -0.09469774
2007 -14870254000000
-0.197911846 1.33092E-14 0.108417146 1.53441343 6.84E+10 0.02858316 -0.101 0.113152428
-0.150222334 -0.04768951
2008 -13882139000000
-0.169173151 1.21864E-14 0.05759797 1.62363267 6.84E+10 0.02858316 -0.101 0.05579096
-0.160914435 -0.00825872
2009 -18412778000000
-0.201770049 1.09582E-14 0.038475052 1.63425493 6.84E+10 0.02858316 -0.101 0.035407701
-0.162649685 -0.03912036
2010 -16221764000000
-0.165842696 1.02235E-14 0.009729297 1.63110112 6.84E+10 0.02858316 -0.101 0.00406525
-0.163278514 -0.00256418
United TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
Tractors / Ait-1
2005 2211000000 0.000326618 1.47724E-13 0.647810792 0.98277919 6.84E+10 0.02858316 -0.101 0.508932224
-0.074220823 0.074547441
2006 -693401000000
-0.065207024 9.40394E-14 0.04121945 0.77933557 6.84E+10 0.02858316 -0.101 0.071079222
-0.069940522 0.004733497
2007 -1164741000000 -0.10355236 8.89059E-14 0.395278438 0.86033664 6.84E+10 0.02858316 -0.101 0.310498739
-0.071597202 -0.03195516
2008 -1593153000000
-0.122525547 7.69076E-14 0.748895126 1.15398582 6.84E+10 0.02858316 -0.101 0.712736872
-0.090462571 -0.03206298
2009 -1283481000000 -0.05617545 4.3768E-14 0.058591708 0.84100265 6.84E+10 0.02858316 -0.101 0.015171316
-0.081180542 0.025005092
2010 1449050000000 0.059375547 4.09755E-14 0.33116353 0.95405024 6.84E+10 0.02858316 -0.101 0.300338687
-0.084593484 0.143969031
Holcim TAC TAC/Ait-1 1/Ait-1 Δ Revt/Ait-1 PPET/Ait-1 ALPA 1 ALPA 2
ALPA
3
(Δ Revt
-Rect) NDAit Dait
/ Ait-1
2005 -544519000000
-0.072405561 1.32972E-13 0.086313194 1.23246653 6.84E+10 0.02858316 -0.101 0.082412871
-0.112540372 0.04013481
2006 -276877000000
-0.037802985 1.36533E-13 -0.00333169 1.2922363 6.84E+10 0.02858316 -0.101
-0.008600108
-0.120911235 0.083108251
2007 -695078000000
-0.098371518 1.41526E-13 0.107801529 1.34890514 6.84E+10 0.02858316 -0.101 0.097390461
-0.123241323 0.024869804
2008 -896161000000
-0.124324351 1.3873E-13 0.220046197 1.36436014 6.84E+10 0.02858316 -0.101 0.198110776
-0.122108456 -0.00221589
2009 -647114000000
-0.078829965 1.21818E-13 0.073435023 1.25358202 6.84E+10 0.02858316 -0.101 0.076458174 -0.11559768 0.036767715
2010 -233304000000
-0.032111803 1.37639E-13 0.002299678 1.76743457 6.84E+10 0.02858316 -0.101 0.004018655
-0.168281364 0.136169561
Keterangan :
Dait
: Discretionary Accrual perusahaan i pada periode
ke t
NDAit
: Non Discretionary Accrual perusahaan i pada periode ke t
Tait
: Total Akrual perusahaan i pada periode ke t
Nit
: Laba bersih perusahaan i pada periode ke t
CFOit
: Aliran kas dari aktivitas operasi perusahaan i pada periode ke
t
Ait-1
: Total aktiva perusahaan i pada periode ke t-1
Δ Revt
: Perubahan pendapatan perusahaan i pada periode ke t
PPET
:Aktiva tetap perusahaan pada periode ke t
∆Rect
: Perubahan piutang perusahaan i pada periode ke
t
Lampiran 3 Data Hipotesis
Pertama
2005
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164 0.000705194
0.375
8
3
1
2.94
Aneka Tambang (Persero) Tbk
0.748697765
0.0001663
0.4
5
5
1
2.25
Astra International Tbk
0.501148083 0.000508602
0.3
10
3
1
2.02
International Nickel Ind .Tbk
0.820699776 0.000459268
0.3
10
3
1
1.03
Indofood Sukses Makmur Tbk
0.515279075 0.000479657
0.3
10
4
1
1.99
Indosat Tbk
0.550369485 0.000181566 0.333333333
9
5
1
2.08
Tambang Batubara Bukit Asam
Tbk
0.650174381 0.013653299 0.333333333
6
4
1
2.02
Telekomunikasi Indonesia Tbk
0.674792047 3.88552E-06
0.4
5
7
1
5.11
United Tractors Tbk
0.581336104 0.000404943 0.428571429
7
3
1
2.55
Holcim
0.896620415
0
0.5
6
3
1
1.98
2006
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164 0.000134625
0.5
6
3
1
7.22
Aneka Tambang (Persero) Tbk
0.738056581 0.000119123
0.4
5
3
1
3.56
Astra International Tbk
0.501148083 0.000287524
0.5
10
3
1
2.84
International Nickel Ind .Tbk
0.820699776 0.000417115
0.3
10
2
1
2.03
Indofood Sukses Makmur Tbk
0.515279075 0.000451224
0.3
10
4
1
2.59
Indosat Tbk
0.551021649 0.000276043 0.333333333
9
5
1
2.41
Tambang Batubara Bukit Asam
Tbk
0.650174381 0.003548191 0.333333333
6
4
1
3.54
Telekomunikasi Indonesia Tbk
0.672850448 2.80873E-06
0.4
5
7
1
7.25
United Tractors Tbk
0.58453763 1.19231E-07 0.333333333
6
3
1
4.07
Holcim
0.921617297
0
0.5
6
3
1
2.45
2007
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164 5.96922E-05
0.375
8
3
1
10.86
Aneka Tambang (Persero) Tbk
0.748697765
0.0001663
0.25
4
5
1
4.87
Astra International Tbk
0.501148083 0.000275173
0.5
10
3
1
4.10
International Nickel Ind .Tbk
0.820699776 0.000340628
0.3
10
3
1
7.32
Indofood Sukses Makmur Tbk
0.515279075 0.000457086
0.3
10
4
1
3.41
Tambang Batubara Bukit Asam
Tbk
0.870921374 0.002389837 0.333333333
6
4
0
9.88
Telekomunikasi Indonesia Tbk
0.690201434 1.16052E-06
0.4
5
7
1
6.06
United Tractors Tbk
0.58453763 7.65883E-06
0.375
8
3
1
5.42
Holcim
0.890798669
0 0.428571429
7
3
1
5.94
2008
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164 2.54009E-06 0.428571429
7
3
1
2.99
Aneka Tambang (Persero) Tbk
0.651053032 5.28981E-05
0.4
5
5
1
1.29
Astra International Tbk
0.501148083 0.000396581
0.5
10
3
1
1.29
International Nickel Ind .Tbk
0.820699776 0.000113181
0.3
10
3
1
1.15
Indofood Sukses Makmur Tbk
0.500499998 0.000489578
0.3
10
4
1
0.96
Indosat Tbk
0.883249577 9.01741E-05
0.4
10
5
1
1.79
Tambang Batubara Bukit Asam
Tbk
0.870921374 0.002389837
0.4
5
3
1
3.98
Telekomunikasi Indonesia Tbk
0.692590786 1.17502E-06
0.4
5
7
1
4.35
United Tractors Tbk
0.594969694 4.31035E-06
0.375
8
3
1
1.32
Holcim
0.877457177
0 0.428571429
7
3
1
1.90
2009
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164
0 0.428571429
7
3
1
6.10
Aneka Tambang (Persero) Tbk
0.651053032 5.36856E-05
0.4
5
5
1
2.59
Astra International Tbk
0.501148083 0.000365951
0.5
10
3
1
3.82
International Nickel Ind .Tbk
0.798589169 2.09333E-07
0.3
10
3
1
2.25
Indofood Sukses Makmur Tbk
0.500499998 0.000443976
0.3
10
4
1
3.28
Indosat Tbk
0.792921297 1.84029E-06
0.4
10
5
1
1.70
Tambang Batubara Bukit Asam
Tbk
0.890623469 0.001664401
0.4
5
3
1
7.40
Telekomunikasi Indonesia Tbk
0.615635734 1.17502E-06
0.4
5
8
1
5.03
United Tractors Tbk
0.594969694 6.11384E-06
0.375
8
3
1
4.18
Holcim
0.909637199
0 0.428571429
7
3
1
4.16
2010
KI
KM
KDK
JDK
KA
KuA
PBV
Astra Agro Lestari Tbk
0.796847164
0 0.428571429
7
3
1
5.72
Astra International Tbk
0.501148083 0.000366322 0.454545455
11
3
1
4.48
International Nickel Ind .Tbk
0.798589169 2.09333E-07
0.3
10
3
1
3.21
Indofood Sukses Makmur Tbk
0.500499998 0.000443976
0.3
10
4
1
2.55
Indosat Tbk
0.792921297 1.84029E-06
0.4
10
5
1
1.64
Tambang Batubara Bukit Asam
Tbk
0.901542222 0.000173167
0.4
5
3
1
8.31
Telekomunikasi Indonesia Tbk
0.646457205 1.17502E-06
0.4
5
5
1
3.61
United Tractors Tbk
0.594969694
0
0.5
6
3
1
4.91
Holcim
0.92575426
0 0.428571429
7
3
1
2.53
Keterangan :
KI : Kepemilikan Institusional
KM : Kepemilikan Manajerial
KDK : Komposisi Dewan
Komisaris
JDK : Jumlah Dewan Komisaris
KA : Komite Audit
KuA : Kualitas Audit
PBV : Price to Book Value
Lampiran 4 Data Hipotesis Kedua (Moderating)
2005
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
0.074163604
0.017345725
Aneka Tambang (Persero) Tbk
0.077827192
0.070949429
Astra International Tbk
0.229336647
0.182392612
International Nickel Ind .Tbk
0.12337047
0.053283504
Indofood Sukses Makmur Tbk
0.014238626 -0.017357064
Indosat Tbk
-0.009685648 -0.020599499
Tambang Batubara Bukit Asam Tbk
0.074481416
0.001303495
Telekomunikasi Indonesia Tbk
-0.088464964 -0.056811694
United Tractors Tbk
0.074547441
0.041982955
Holcim
0.04013481 -0.005168717
2006
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
0.017894645 -0.020614138
Aneka Tambang (Persero) Tbk
0.03171659 -0.006763897
Astra International Tbk
-0.050981482
-0.08181372
International Nickel Ind .Tbk
0.121042811
0.034833314
Indofood Sukses Makmur Tbk
-0.002329404
-0.03382227
Indosat Tbk
-0.003878151 -0.015181259
Tambang Batubara Bukit Asam Tbk
0.070205238
0.033570917
Telekomunikasi Indonesia Tbk
-0.094697745
-0.06289888
United Tractors Tbk
0.004733497 -0.030554464
Holcim
0.083108251
0.035980416
2007
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
-0.085322055 -0.139805574
Aneka Tambang (Persero) Tbk
0.07713441
0.062110185
Astra International Tbk
-0.04760184 -0.078389413
International Nickel Ind .Tbk
-0.018779563 -0.088437486
Indofood Sukses Makmur Tbk
-0.001336699 -0.032850764
Indosat Tbk
-0.037432399 -0.058189225
Tambang Batubara Bukit Asam Tbk
-0.164669829
-3.14E-16
Telekomunikasi Indonesia Tbk
-0.047689512 -0.017150986
United Tractors Tbk
-0.031955159 -0.070755854
Holcim
0.024869804 -0.028815288
2008
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
0.179722134
0.132884572
Aneka Tambang (Persero) Tbk
0.060625679
0.061284269
Astra International Tbk
0.016745486
-0.01448114
International Nickel Ind .Tbk
0.200898479
0.132063084
Indofood Sukses Makmur Tbk
0.003460847 -0.027092122
Indosat Tbk
0.035974629
0.002863553
Tambang Batubara Bukit Asam Tbk
0.01249013 -0.043898715
Telekomunikasi Indonesia Tbk
-0.008258716
0.022105379
United Tractors Tbk
-0.032062976 -0.071612908
Holcim
-0.002215894 -0.054927305
2009
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
0.049934466
0.003106089
Aneka Tambang (Persero) Tbk
0.016277404
0.016933146
Astra International Tbk
0.030665177
-4.51E-04
International Nickel Ind .Tbk
0.1111386
0.044325414
Indofood Sukses Makmur Tbk
0.053578963
0.023190907
Indosat Tbk
0.095070169
0.068870826
Tambang Batubara Bukit Asam Tbk
0.000712561 -0.054490741
Telekomunikasi Indonesia Tbk
-0.039120364
0.013134991
United Tractors Tbk
0.025005092 -0.014551362
Holcim
0.036767715
-0.01829224
2010
Manajemen
Laba
Residual_1
Astra Agro Lestari Tbk
-0.031896909 -0.078725286
Aneka Tambang (Persero) Tbk
0.028055179
0.055979808
Astra International Tbk
0.170726317
0.132791284
International Nickel Ind .Tbk
0.024685921 -0.042127265
Indofood Sukses Makmur Tbk
-0.035974603 -0.066362659
Indosat Tbk
0.028372661
0.002173318
Tambang Batubara Bukit Asam Tbk
-0.041089863 -0.091697208
Telekomunikasi Indonesia Tbk
-0.002564182 -0.001383133
United Tractors Tbk
0.143969031
0.120680406
Holcim
0.136169561
0.07993336
Lampiran 5 Tabel Median Variabel Independen, Dependen dan Moderating
Tabel 5.1.1. Nilai Tengah Data Kepemilikan Institusional
Perusahaan
Rata-rata KI periode 2005-2010
Astra International Tbk
0.501148083
Indofood Sukses Makmur Tbk
0.507889537
United Tractors Tbk
0.589220074
Telekomunikasi Indonesia Tbk
0.665421276
Indosat Tbk
0.696386167
Aneka Tambang (Persero) Tbk
0.698101868
Astra Agro Lestari Tbk
0.796847164
Tambang Batubara Bukit Asam Tbk
0.8057262
International Nickel Ind .Tbk
0.813329574
Holcim
0.903647503
Median Kepemilikan Institusional
0.697244018
Tabel 5.1.2. Nilai Tengah Data Kepemilikan Manajerial
Perusahaan
Rata-rata KM periode 2005-2010
Holcim
0
Tambang Batubara Bukit Asam Tbk
1.89664E-06
International Nickel Ind .Tbk
7.05243E-05
Indofood Sukses Makmur Tbk
0.000101999
Aneka Tambang (Persero) Tbk
0.00011108
Astra International Tbk
0.000150342
Telekomunikasi Indonesia Tbk
0.000221768
United Tractors Tbk
0.000366692
Indosat Tbk
0.000460916
Astra Agro Lestari Tbk
0.003969789
Median Kepemilikan Manajerial
0.000130711
Tabel 5.1.3. Nilai Tengah Data Komposisi Dewan Komisaris
Perusahaan
Rata-rata KDK periode
2005-2010
International Nickel Ind .Tbk
0.3
Indofood Sukses Makmur Tbk
0.3
Indosat Tbk
0.361111111
Tambang Batubara Bukit Asam Tbk
0.366666667
Aneka Tambang (Persero) Tbk
0.391666667
United Tractors Tbk
0.39781746
Telekomunikasi Indonesia Tbk
0.4
Astra Agro Lestari Tbk
0.422619048
Holcim
0.452380952
Astra International Tbk
0.459090909
Median Komposisi Dewan Komisaris
0.394742063
Tabel 5.1.4. Nilai Tengah Data Jumlah Dewan Komisaris
Perusahaan
Rata-rata JDK periode 2005-2010
Aneka Tambang (Persero) Tbk
4.666666667
Telekomunikasi Indonesia Tbk
5
Tambang Batubara Bukit Asam Tbk
5.5
Holcim
6.666666667
Astra Agro Lestari Tbk
7.166666667
United Tractors Tbk
7.166666667
Indosat Tbk
9.666666667
International Nickel Ind .Tbk
10
Indofood Sukses Makmur Tbk
10
Astra International Tbk
10.16666667
Median Jumlah Dewan Komisaris
7.166666667
Tabel 5.1.5. Nilai Tengah Data Komite Audit
Perusahaan
Rata-rata KA periode 2005-2010
International Nickel Ind .Tbk
2.833333333
Astra Agro Lestari Tbk
3
Astra International Tbk
3
United Tractors Tbk
3
Holcim
3
Tambang Batubara Bukit Asam Tbk
3.5
Indofood Sukses Makmur Tbk
4
Aneka Tambang (Persero) Tbk
4.833333333
Indosat Tbk
5
Telekomunikasi Indonesia Tbk
6.833333333
Median Komite Audit
3.25
Tabel 5.1.6. Nilai Tengah Data Kualitas Audit
Perusahaan
Rata-rata KuA periode 2005-2010
Tambang Batubara Bukit Asam Tbk
0.833333333
Astra Agro Lestari Tbk
1
Aneka Tambang (Persero) Tbk
1
Astra International Tbk
1
International Nickel Ind .Tbk
1
Indofood Sukses Makmur Tbk
1
Indosat Tbk
1
Telekomunikasi Indonesia Tbk
1
United Tractors Tbk
1
Holcim
1
Median Kualitas Audit
1
Tabel 5.1.7. Nilai Tengah Data Manajemen Laba
Perusahaan
Rata-rata ML periode 2005-2010
Telekomunikasi Indonesia Tbk
-0.046799247
Tambang Batubara Bukit Asam Tbk
-0.007978391
Indofood Sukses Makmur Tbk
0.005272955
Indosat Tbk
0.01807021
United Tractors Tbk
0.030706154
Astra Agro Lestari Tbk
0.034082647
Aneka Tambang (Persero) Tbk
0.048606076
Holcim
0.053139041
Astra International Tbk
0.058148384
International Nickel Ind .Tbk
0.09372612
Median Manajemen Laba
0.032394401
Tabel 5.1.8. Nilai Tengah Data Nilai Perusahaan
Perusahaan
Rata-rata PBV periode
2005-2010
Indosat Tbk
2.076666667
Indofood Sukses Makmur Tbk
2.463333333
International Nickel Ind .Tbk
2.831666667
Aneka Tambang (Persero) Tbk
2.833333333
Astra International Tbk
3.091666667
Holcim
3.16
United Tractors Tbk
3.741666667
Telekomunikasi Indonesia Tbk
5.235
Tambang Batubara Bukit Asam Tbk
5.855
Astra Agro Lestari Tbk
5.971666667
Median PBV
3.125833333
Lampiran 6 Hasil Olah Data untuk Hipotesis Pertama
Descriptive Statistics
Mean
Std. Deviation
N
Y
3.7260
2.19166
60
KI
.6978
.14180
60
KM
.0005
.00184
60
KDK
.3851
.06871
60
JDK
7.6000
2.15658
60
KA
3.9000
1.32384
60
KuA
.9833
.12910
60
Correlations
PBV
KI
KM
KDK
JDK
KA
KuA
Pearson Correlation
PBV
1.000
.259
-.039
.109
-.361
.027
-.369
KI
.259
1.000
-.028
.116
-.336
-.188
-.160
KM
-.039
-.028
1.000
-.159
-.119
-.036
-.132
KDK
.109
.116
-.159
1.000
-.300
-.068
.099
JDK
-.361
-.336
-.119
-.300
1.000
-.365
.097
KA
.027
-.188
-.036
-.068
-.365
1.000
-.010
KuA
-.369
-.160
-.132
.099
.097
-.010
1.000
Sig. (1-tailed)
PBV
.
.023
.382
.203
.002
.418
.002
KI
.023
.
.415
.188
.004
.075
.111
KM
.382
.415
.
.112
.183
.394
.158
KDK
.203
.188
.112
.
.010
.303
.226
JDK
.002
.004
.183
.010
.
.002
.230
KA
.418
.075
.394
.303
.002
.
.470
KuA
.002
.111
.158
.226
.230
.470
.
N
PBV
60
60
60
60
60
60
60
KI
60
60
60
60
60
60
60
KM
60
60
60
60
60
60
60
KDK
60
60
60
60
60
60
60
JDK
60
60
60
60
60
60
60
KA
60
60
60
60
60
60
60
KuA
60
60
60
60
60
60
60
Model Summary
b
Model
R
R Square
Adjusted R
Square
Std. Error of the
Estimate
Durbin-Watson
1
.523
a
.274
.192
1.97055
2.082
a. Predictors: (Constant), X6, X5, X3, X2, X1, X4
b. Dependent Variable: Y
ANOVA
b
Model
Sum of Squares
Df
Mean Square
F
Sig.
1
Regression
77.598
6
12.933
3.331
.007
a
Residual
205.802
53
3.883
Total
283.399
59
a. Predictors: (Constant), KuA, KA, KDK, KM, KI, JDK
b. Dependent Variable: Y
Coefficients
a
Model
Unstandardized Coefficients
Standardized
Coefficients
t
Sig.
Collinearity Statistics
B
Std. Error
Beta
Tolerance
VIF
1
(Constant)
12.243
4.149
2.951
.005
KI
.952
2.096
.062
.454
.652
.745
1.342
KM
-153.486
147.110
-.129
-1.043
.302
.902
1.109
KDK
.050
4.142
.002
.012
.990
.813
1.231
JDK
-.364
.156
-.358
-2.325
.024
.578
1.730
KA
-.165
.231
-.099
-.714
.479
.705
1.418
KuA
-5.806
2.047
-.342
-2.836
.006
.942
1.061
a. Dependent Variable: Y
Collinearity Diagnostics
a
Model Dimension
Eigenvalue
Condition
Index
Variance Proportions
(Constant)
KI
KM
KDK
JDK
KA
KuA
1
1
5.845
1.000
.00
.00
.00
.00
.00
.00
.00
2
.913
2.530
.00
.00
.89
.00
.00
.00
.00
3
.121
6.959
.00
.00
.00
.00
.13
.36
.00
4
.072
8.993
.00
.14
.00
.04
.20
.18
.00
5
.030
13.892
.00
.41
.01
.38
.03
.04
.03
6
.016
19.356
.00
.01
.00
.31
.18
.07
.72
7
.003
43.436
1.00
.44
.10
.26
.45
.34
.25
a. Dependent Variable: Y
Residuals Statistics
a
Minimum
Maximum
Mean
Std. Deviation
N
Predicted Value
2.1351
9.8800
3.7260
1.14683
60
Std. Predicted Value
-1.387
5.366
.000
1.000
60
Standard Error of Predicted
Value
.357
1.971
.616
.274
60
Adjusted Predicted Value
2.1018
4.9431
3.6409
.81294
59
Residual
-3.13591
7.05972
.00000
1.86766
60
Std. Residual
-1.591
3.583
.000
.948
60
Stud. Residual
-1.638
3.645
-.002
.993
59
Deleted Residual
-3.32414
7.30701
-.01921
2.03820
59
Stud. Deleted Residual
-1.666
4.171
.009
1.035
59
Mahal. Distance
.955
58.017
5.900
9.530
60
Cook's Distance
.000
.068
.012
.016
59
Centered Leverage Value
.016
.983
.100
.162
60
a. Dependent Variable: Y
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N
60
Normal Parameters
a
Mean
.0000000
Std. Deviation
1.86766354
Most Extreme Differences
Absolute
.106
Positive
.106
Negative
-.071
Kolmogorov-Smirnov Z
.822
Asymp. Sig. (2-tailed)
.509
a. Test distribution is Normal.
Lampiran 7a Hasil Olah Data untuk Hipotesis Kedua (Moderating); Persamaan pertama
moderating dengan uji residual.
Model Summary
b
Model
R
R Square
Adjusted R
Square
Std. Error of the
Estimate
Durbin-Watson
1
.520
a
.270
.187
.06678
1.797
a. Predictors: (Constant), KI, KM, KDK, JDK, KA, KuA
b. Dependent Variable: M
ANOVA
b
Model
Sum of
Squares
Df
Mean
Square
F
Sig.
1
Regression
.087
6 .015 3.269 .008
a
Residual
.236
53 .004
Total
.324
59
a. Predictors: (Constant), KI, KM, KDK, JDK,
KA, KuA
b. Dependent Variable: M
Coefficients
a
Model
Unstandardized Coefficients
Standardized
Coefficients
t
Sig.
Collinearity Statistics
B
Std. Error
Beta
Tolerance
VIF
1
(Constant)
-.166
.141
-1.183
.242
KI
.073
.071
.140
1.028
.309
.745
1.342
KM
3.616
4.985
.090
.725
.471
.902
1.109
KDK
-.077
.140
-.071
-.545
.588
.813
1.231
JDK
.003
.005
.097
.629
.532
.578
1.730
KA
-.016
.008
-.291 -2.081
.042
.705
1.418
KuA
.213
.069
.372
3.074
.003
.942
1.061
Collinearity Diagnostics
a
Model Dimension
Eigenvalue Condition Index
Variance Proportions
(Constant)
X1
X2
X3
X4
X5
X6
1
1
5.845
1.000
.00
.00
.00
.00
.00
.00
.00
2
.913
2.530
.00
.00
.89
.00
.00
.00
.00
3
.121
6.959
.00
.00
.00
.00
.13
.36
.00
4
.072
8.993
.00
.14
.00
.04
.20
.18
.00
5
.030
13.892
.00
.41
.01
.38
.03
.04
.03
6
.016
19.356
.00
.01
.00
.31
.18
.07
.72
7
.003
43.436
1.00
.44
.10
.26
.45
.34
.25
a. Dependent Variable: M
Residuals Statistics
a
Minimum
Maximum
Mean
Std. Deviation
N
Predicted Value
-.1647
.0862
.0287
.03850
60
Std. Predicted Value
-5.023
1.494
.000
1.000
60
Standard Error of Predicted
Value
.012
.067
.021
.009
60
Adjusted Predicted Value
-.0552
.0824
.0314
.02956
59
Residual
-.13981
.18239
.00000
.06329
60
Std. Residual
-2.094
2.731
.000
.948
60
Stud. Residual
-2.130
2.861
.004
.999
59
Deleted Residual
-.14470
.20010
.00061
.06983
59
Stud. Deleted Residual
-2.206
3.082
.010
1.023
59
Mahal. Distance
.955
58.017
5.900
9.530
60
Cook's Distance
.000
.114
.013
.022
59
Centered Leverage Value
.016
.983
.100
.162
60
a. Dependent Variable: M
Lampiran 7b Hasil Olah Data untuk Hipotesis Kedua (Moderating); Persamaan kedua
moderating dengan uji residual.
Descriptive Statistics
Mean
Std. Deviation
N
Unstandardized Residual
-2.9201179E-17
.06328893
60
M
3.7260
2.19166
60
Correlations
Unstandardized
Residual
PBV
Pearson Correlation
Unstandardized Residual
1.000
-.414
M
-.414
1.000
Sig. (1-tailed)
Unstandardized Residual
.
.001
M
.001
.
N
Unstandardized Residual
60
60
M
60
60
Variables Entered/Removed
b
Model
Variables
Entered
Variables
Removed
Method
1
Y
a
. Enter
a. All requested variables entered.
b. Dependent Variable: Unstandardized Residual
Model Summary
b
Model
R
R Square
Adjusted R
Square
Std. Error of the
Estimate
Durbin-Watson
1
.414
a
.171
.157
.05810645
1.868
Model Summary
b
Model
R
R Square
Adjusted R
Square
Std. Error of the
Estimate
Durbin-Watson
1
.414
a
.171
.157
.05810645
1.868
a. Predictors: (Constant), M
b. Dependent Variable: Unstandardized Residual
ANOVA
b
Model
Sum of Squares
df
Mean Square
F
Sig.
1
Regression
.040
1
.040
11.994
.001
a
Residual
.196
58
.003
Total
.236
59
a. Predictors: (Constant), M
b. Dependent Variable: Unstandardized Residual
Coefficients
a
Model
Unstandardized Coefficients
Standardized
Coefficients
t
Sig.
Collinearity Statistics
B
Std. Error
Beta
Tolerance
VIF
1
(Constant)
.045
.015
2.991
.004
Y
-.012
.003
-.414
-3.463
.001
1.000
1.000
a. Dependent Variable: Unstandardized Residual
Collinearity Diagnostics
a
Model
Dimension
Eigenvalue Condition Index
Variance Proportions
(Constant)
ML
1
1
1.864
1.000
.07
.07
2
.136
3.699
.93
.93
a. Dependent Variable: Unstandardized Residual
Residuals Statistics
a
Minimum
Maximum
Mean
Std. Deviation
N
Predicted Value
-8.5277468E-2
.0330638
-2.9895068E-17
.02619840
60
Std. Predicted Value
-3.255
1.262
.000
1.000
60
Standard Error of Predicted
Value
.008
.026
.010
.003
60
Adjusted Predicted Value
-8.6575150E-2
.0358104
.0001123
.02607538
60
Residual
-1.00373432E-1
.16199966
.00000000
.05761191
60
Std. Residual
-1.727
2.788
.000
.991
60
Stud. Residual
-1.760
2.826
.000
1.008
60
Deleted Residual
-1.04240015E-1
.16648413
-1.12251769E-4
.05961837
60
Stud. Deleted Residual
-1.794
3.017
.007
1.032
60
Mahal. Distance
.002
10.595
.983
1.777
60
Cook's Distance
.000
.167
.018
.032
60
Centered Leverage Value
.000
.180
.017
.030
60
a. Dependent Variable: Unstandardized Residual
Keterangan
:
R
: Nilai hasil uji korelasi pearson
R
2
Adj R : Nilai hasil uji koefisien determinasi yang disesuaikan dengan adanya derajat
bebas
: Nilai hasil uji koefisien determinasi
t
: Nilai hasil uji parsial
F
: Nilai hasil uji pengaruh simultan
KI
: Kepemilikan Institusional
KM
: Kepemilikan Manajerial
KDK : Komposisi Dewan Komisaris
JDK
: Jumlah Dewan Komisaris
KA
: Komite Audit
KuA : Kualitas Audit
Y
: Price to Book Value
M
: Manajemen Laba
