Ukuran Dewan Direksi
No.
Kode Perusahaan
2011
2010
2009
2008
1.
BUDI
7
6
6
6
2.
ETWA
4
4
4
4
3.
FASW
5
5
5
5
4.
KBLI
5
5
5
5
5.
KBLM
3
3
3
3
6.
PYFA
3
3
3
3
7.
SIPD
5
7
7
7
8.
SMCB
8
8
8
8
9.
VOKS
6
6
6
6
10.
INAI
5
5
5
5
11.
PICO
2
2
2
2
12.
SRSN
5
5
4
4
13.
PBRX
6
6
6
6
14.
SIAP
2
2
2
2
15.
GJTL
7
7
8
8
16.
KDSI
3
3
3
3
17.
ADMG
4
4
4
4
18.
RICY
3
3
3
3
19.
INDR
3
3
3
3
20.
ADES
2
2
2
2
21.
PSDN
6
6
6
6
22.
BRPT
5
5
5
5
23.
PTSN
3
3
3
3
24.
AISA
3
3
3
3
Proporsi Komite Audit
No
Kode Perusahaan
2011
2010
2009
2008
1.
BUDI
0,67
0,67
0,67
0,67
2.
ETWA
0,67
0,67
0,67
0,67
3.
FASW
0,67
0,67
0,67
0,67
4.
KBLI
0,67
0,67
0,67
0,67
5.
KBLM
0,67
0,67
0,67
0,67
6.
PYFA
0,67
0,67
0,67
0,67
7.
SIPD
0,67
0,67
0,75
0,67
8.
SMCB
0,67
0,67
0,67
0,67
9.
VOKS
0,67
0,50
0,67
0,67
10.
INAI
0,67
0,67
0,67
0,67
11.
PICO
0,67
0,67
0,67
0,67
12.
SRSN
0,67
0,50
0,50
0,50
13.
PBRX
0,67
0,67
0,67
0,67
14.
SIAP
0,67
0,67
0,67
0,67
15.
GJTL
0,67
0,67
0,67
0,67
16.
KDSI
0,67
0,67
0,67
0,67
17.
ADMG
0,67
0,67
0,67
0,67
18.
RICY
0,67
0,67
0,67
0,67
19.
INDR
0,67
0,67
0,67
0,67
20.
ADES
0,67
0,67
0,67
0,67
21.
PSDN
0,67
0,67
0,67
0,67
22.
BRPT
0,67
0,67
0,67
0,67
23.
PTSN
0,67
0,67
0,67
0,67
24.
AISA
0,67
0,67
0,67
0,67
No
Kode Perusahaan
2011
2010
2009
2008
1.
BUDI
0,618
0,592
0,510
0,618
2.
ETWA
0,394
0,432
0,506
0,403
3.
FASW
0,635
0,597
0,568
0,648
4.
KBLI
0,296
0,271
0,532
0,657
5.
KBLM
0,678
0,315
0,369
0,509
6.
PYFA
0,302
0,232
0,269
0,298
7.
SIPD
0,519
0,395
0,282
0,254
8.
SMCB
0,313
0,415
0,544
0,704
9.
VOKS
0,684
0,657
0,697
0,729
10.
INAI
0,805
0,795
0,864
0,877
11.
PICO
0,666
0,692
0,699
0,744
12.
SRSN
0,302
0,373
0,472
0,509
13.
PBRX
0,548
0,811
0,839
0,896
14.
SIAP
0,373
0,343
0,364
0,372
15.
GJTL
0,617
0,660
0,699
0,811
16.
KDSI
0,373
0,430
0,567
0,530
17.
ADMG
0,510
0,668
0,707
0,738
18.
RICY
0,455
0,449
0,454
0,498
19.
INDR
0,561
0,490
0,532
0,600
20.
ADES
0,602
0,692
0,617
0,719
21.
PSDN
0,510
0,533
0,509
0,529
22.
BRPT
0,489
0,509
0,470
0,482
23.
PTSN
0,391
0,433
0,481
0,465
24.
AISA
0,490
0,695
0,590
0,615
Nilai Perusahaan
No
Kode Perusahaan
2011
2010
2009
2008
1.
BUDI
0.841
0.832
0.804
0.895
2.
ETWA
1.174
1.340
1.409
1.562
3.
FASW
0.886
0.873
0.906
0.982
4.
KBLI
1.170
1.269
2.215
2.017
5.
KBLM
0.949
0.960
0.965
0.970
6.
PYFA
0.755
0.764
0.805
0.840
7.
SIPD
0.955
0.961
1.958
2.553
8.
SMCB
0.663
0.383
1.071
1.125
9.
VOKS
0.985
1.026
1.032
1.086
10.
INAI
0.951
0.999
1.033
1.004
11.
PICO
0.898
0.921
0.940
0.966
12.
SRSN
1.135
1.200
1.200
1.275
13.
PBRX
0.599
0.861
0.893
0.943
14.
SIAP
0.740
0.741
0.771
0.794
15.
GJTL
0.767
0.828
0.895
1.011
16.
KDSI
0.870
0.905
0.934
0.947
17.
ADMG
0.547
0.720
0.759
0.788
18.
RICY
0.954
0.972
0.989
0.995
19.
INDR
0.799
0.773
0.826
0.863
20.
ADES
2.469
2.510
3.926
3.908
21.
PSDN
2.219
2.270
2.545
3.038
22.
BRPT
0.859
0.945
0.891
0.887
23.
PTSN
0.742
0.755
0.776
0.741
24.
AISA
0.594
0.890
0.829
0.984
Statistik Deskriptif Variabel Penelitian
Q? UDD? PKA? LEV?
Mean 1.188078 4.370000 0.663000 0.532320
Median 0.948000 4.000000 0.670000 0.510000
Maximum 3.926000 8.000000 0.750000 0.877000
Minimum 0.383000 2.000000 0.500000 0.232000
Std. Dev. 0.695848 1.721257 0.035831 0.157293
Observations 100 100 100 100
Lampiran iii
Hasil Regresi dengan Menggunakan Model Pooled Least Square
Dependent Variable: Q? Method: Pooled Least Squares Date: 03/15/13 Time: 01:19 Sample: 2008 2011
Included observations: 4 Cross-sections included: 25
Total pool (balanced) observations: 100
Variable Coefficient Std. Error t-Statistic Prob.
C 0.298282 1.331816 0.223967 0.8233
UDD? -0.029530 0.040262 -0.733455 0.4651
PKA? 0.766660 1.933575 0.396499 0.6926
LEV? 0.959101 0.439892 2.180307 0.0317
R-squared 0.052645 Mean dependent var 1.188078
Adjusted R-squared 0.023040 S.D. dependent var 0.695848
S.E. of regression 0.687785 Akaike info criterion 2.128497
Sum squared resid 45.41261 Schwarz criterion 2.232704
Log likelihood -102.4248 Hannan-Quinn criter. 2.170671
F-statistic 1.778242 Durbin-Watson stat 0.206072
Hasil Regresi dengan Menggunakan Model Fixed Effect
Dependent Variable: Q? Method: Pooled Least Squares Date: 03/15/13 Time: 01:23 Sample: 2008 2011
Included observations: 4 Cross-sections included: 25
Total pool (balanced) observations: 100
Variable Coefficient Std. Error t-Statistic Prob.
C 1.195609 0.896064 1.334290 0.1867
UDD? 0.252551 0.094457 2.673707 0.0094
PKA? 1.050986 1.040074 1.010491 0.3160
LEV? 0.777054 0.326338 2.381131 0.0202
Fixed Effects (Cross)
_BUDI--C -0.698234
_ETWA--C 0.515447
_FASW--C -0.335114
_KBLI--C 0.555316
_KBLM--C 0.331328
_PYFA--C 0.310911
_SIPD--C 0.153915
_SMCB--C -1.102325
_VOKS--C -0.467194
_INAI--C -0.423591
_PICO--C 0.373464
_SRSN--C 0.369769
_PBRX—C -0.481929
_SIAP—C 0.465776
_GJTL—C -1.068847
_KDSI—C 0.277944
_ADMG—C -0.324809
_RICY—C 0.350742
_INDR—C 0.124968
_PSDN—C 1.089880
_BRPT—C -0.254621
_PTSN—C 0.143449
_AISA—C 0.093755
Effects Specification
Cross-section fixed (dummy variables)
R-squared 0.824590 Mean dependent var 1.042530
Adjusted R-squared 0.758147 S.D. dependent var 0.453083
S.E. of regression 0.222820 Akaike info criterion 0.068178
Sum squared resid 3.276815 Schwarz criterion 0.780857
Log likelihood 22.86381 Hannan-Quinn criter. 0.355821
F-statistic 12.41046 Durbin-Watson stat 1.525683
Lampiran v
Hasil Regresi dengan Menggunakan Model Random Effect
Dependent Variable: Q?
Method: Pooled EGLS (Two-way random effects) Date: 03/15/13 Time: 01:41
Sample: 2008 2011 Included observations: 4 Cross-sections included: 25
Total pool (balanced) observations: 100
Swamy and Arora estimator of component variances
Variable Coefficient Std. Error t-Statistic Prob.
C 0.499841 1.033451 0.483662 0.6297
UDD? 0.010645 0.063044 0.168842 0.8663
PKA? 0.547813 1.236709 0.442961 0.6588
LEV? 0.523220 0.366238 1.428632 0.1564
Random Effects (Cross)
_BUDI--C -0.379510
_ETWA--C 0.224913
_FASW--C -0.314658
_KBLI--C 0.496044
_KBLM--C -0.174822
_PYFA--C -0.241171
_SIPD--C 0.450174
_SMCB--C -0.383079
_VOKS--C -0.222618
_INAI--C -0.345121
_PICO--C -0.309621
_SRSN--C 0.134993
_PBRX--C -0.284120
_SIAP--C -0.303199
_GJTL--C -0.417566
_KDSI--C -0.224185
_ADMG--C -0.525825
_RICY--C -0.157141
_INDR--C -0.353490
_ADES--C 1.887675
_PSDN--C 1.259414
_BRPT--C -0.267836
_PTSN--C -0.360891
_AISA--C -0.370802
_KIAS--C 1.182442
Random Effects (Period)
2008--C 0.173126
2009--C 0.081655
2010--C -0.085727
2011--C -0.169054
Effects Specification
Period random 0.858599 0.5888
Idiosyncratic random 0.278067 0.0618
Weighted Statistics
R-squared 0.021480 Mean dependent var 0.073401
Adjusted R-squared -0.009098 S.D. dependent var 0.269499
S.E. of regression 0.270722 Sum squared resid 7.035869
F-statistic 0.702464 Durbin-Watson stat 1.114510
Prob(F-statistic) 0.552847
Unweighted Statistics
R-squared 0.033564 Mean dependent var 1.188078
Lampiran vi
Hasil Regresi dengan Chow Test
Redundant Fixed Effects Tests Pool: Untitled
Test cross-section and period fixed effects
Effects Test Statistic d.f. Prob.
Cross-section F 20.772962 (24,69) 0.0000
Cross-section Chi-square 210.722427 24 0.0000
Period F 6.413668 (3,69) 0.0007
Period Chi-square 24.596526 3 0.0000
Cross-Section/Period F 19.197223 (27,69) 0.0000
Cross-Section/Period Chi-square 214.147184 27 0.0000
Hasil Regresi dengan Haussman Test
Correlated Random Effects - Hausman Test Pool: Untitled
Test cross-section and period random effects
Test Summary Chi-Sq. Statistic Chi-Sq. d.f. Prob.
Cross-section random 1266.084282 3 0.0000
Period random 0.001465 3 1.0000
Cross-section and period random 0.841078 3 0.8396
Cross-section random effects test comparisons:
Variable Fixed Random Var(Diff.) Prob.
UDD? 0.136207 0.010645 0.008410 0.1710
PKA? 1.158967 0.547813 0.152689 0.1178
Uji Heteroskedastisitas dan Multikolinearitas
Hasil regresi model Fixed Effect menggunakan White Test
Dependent Variable: Q? Method: Pooled Least Squares Date: 03/15/13 Time: 01:38 Sample: 2008 2011
Included observations: 4 Cross-sections included: 25
Total pool (balanced) observations: 100
White cross-section standard errors & covariance (d.f. corrected)
Variable Coefficient Std. Error t-Statistic Prob.
C 1.195609 0.958745 1.247056 0.2168
UDD? 0.252551 0.150762 1.675167 0.0986
PKA? 1.050986 0.696415 1.509137 0.1360
LEV? 0.777054 0.051867 14.98180 0.0000
Fixed Effects (Cross)
_BUDI—C -0.698234
_ETWA—C 0.515447
_FASW—C -0.335114
_KBLI—C 0.555316
_KBLM—C 0.331328
_PYFA—C 0.310911
_SIPD—C 0.153915
_SMCB—C -1.102325
_VOKS—C -0.467194
_INAI—C -0.423591
_PICO—C 0.373464
_SRSN—C 0.369769
_PBRX—C -0.481929
_SIAP—C 0.465776
_GJTL—C -1.068847
_KDSI—C 0.277944
_ADMG—C -0.324809
_RICY—C 0.350742
_INDR—C 0.124968
_PSDN—C 1.089880
_BRPT—C -0.254621
_PTSN—C 0.143449
_AISA—C 0.093755
Effects Specification
Cross-section fixed (dummy variables)
R-squared 0.824590 Mean dependent var 1.042530
Adjusted R-squared 0.758147 S.D. dependent var 0.453083
Sum squared resid 3.276815 Schwarz criterion 0.780857
Log likelihood 22.86381 Hannan-Quinn criter. 0.355821
F-statistic 12.41046 Durbin-Watson stat 1.525683
