LAMPIRAN
Lampiran i
Daftar Populasi dan Sampel Penelitian
No Kode Perusahaan Kriteria
1 2 3 4 5 Sampel 1 INTP
Indocement Tunggal
2 SMCB Holcim Indonesia Tbk √ √ √ √ √ 2
3 SMGR Semen Gresik Tbk √ √ √ √ √ 3
4 AMFG Asahimas Flat Glass Tbk √ √ √ √ √ 4
5 ARNA Arwana Citra Mulia Tbk √ - √ - -
6 IKAI
Inti Keramik Alam Asri
Industri Tbk √ - √ - -
Alumindo Light Metal
Industry Tbk √ √ √ √ √ 7
12 BTON
Beton Jaya Manunggal
Tbk √ - √ - -
13 CTBN Citra Turbindo Tbk √ √ √ - -
14 GDST
Gunawan Dianjaya Steel
Tbk √ √ √ -
15 INAI
Indal Aluminium Industry
Tbk √ √ √ - √
16 ITMA Itamaraya Tbk √ - - - -
17 JKSW
Jakarta Kyoei Steel Work
LTD Tbk √ - √ - -
Pelat Timah Nusantara
Tbk √ √ √ √ -
24 PICO
Pelangi Indah Canindo
Tbk √ √ √ - √
25 TBMS
Tembaga Mulia Semanan
International Tbk √ 32 SOBI
Sorini Agro Asia
Corporindo √ - √ - -
Unggul Indah Cahaya
Tbk √ √ √ -
36 AKKU Alam Karya Unggul Tbk √ √ √ - √
37 AKPI
Argha Karya Prima
Industry Tbk √ √ √ √ √ 12
38 APLI Asiaplast Industries Tbk √ - √ - -
39 BRNA Berlina Tbk √ √ √ √ -
40 FPNI
Titan Kimia Nusantara
Tbk √ - - - -
Yana Prima Hasta
Persada Tbk √ √ √ -
47 CPIN
Charoen Pokphand
Indonesia Tbk √ √ √ √ √ 15
48 JPFA
Japfa Comfeed Indonesia
Tbk √ √ √ √ √ 16
Sumalindo Lestari Jaya
Tbk √ √ √ -
Indah Kiat Pulp&paper
Tbk √ √ √ - -
57 INRU Toba Pulp Lestari Tbk √ - √ - -
58 KBRI
Kertas Basuki Rachmat
59 SAIP
Surabaya Agung Industri
Pulp&Kertas Tbk √ - - - -
60 SPMA Suparma Tbk √ √ √ - √
61 TKIM
Pabrik Kertas Tjiwi
Kimia Tbk √ √ √ - -
Multi Prima Sejahtera
Tbk √ √ √ √ √
23
70 MASA
Multistrada Arah Sarana
Tbk √ √ √ √ -
71 NIPS Nippres Tbk √ √ √ √ √
72 PRAS
Prima alloy steel
Universal Tbk √ √ √ -
Ever Shine Textile
Industry Tbk √ √ √ - -
Pan Asia Filament Inti
Tbk √ - - - -
84 PBRX Pan Brothers Tbk √ √ √ √ -
85 POLY Asia Pasific Fibers Tbk √ √ √ - -
86 RICY
Ricky Putra Globalindo
Tbk √ - √ - -
87 SSTM
Sunson Textile
Manufacturer Tbk √ √ √ -
88 TFCO
Tifico Fiber Indonesia
89 TRIS Trisula International Tbk √ √ √ - √
90 UNIT
Nusantara Inti Corpora
Tbk √ √ √ -
Surya Intrindo Makmur
Tbk √ - - - -
95 IKBI Sumi Indo Kabel Tbk √ √ √ - -
96 JECC
Jembo Cable Company
Tbk √ √ √ √ -
Tiga Pilar Sejahtera Food
Tbk √ - - - -
Indofood CBP Sukses
Makmur Tbk √ √ √ √ √ 28
108 INDF
Indofood Sukses Makmur
Tbk √ √ √ √ √ 29
109 MLBI
Multi Bintang Indonesia
Tbk √ - √ √ √
110 MYOR Mayora Indah Tbk √ √ √ √ √ 30
111 PSDN Prashida Aneka Niaga √ √ √ √ √
112 ROTI
Nippon Indosari
119 WIIM
Wismilak Inti Makmur
Tbk √ - √ - -
120 DVLA
Darya Varia Laboratoria
Tbk √ - √ - -
121 INAF Indofarma Tbk √ √ √ √ √
122 KAEF Kimia Farma Tbk √ √ √ - √
123 KLBF Kalbe Farma Tbk √ √ √ √ √ 31
124 MERK Merck Indonesia Tbk √ √ √ - √
125 PYFA Pyridam Farma Tbk √ √ √ - √
126 SCPI
Merck Sharp Dohme
Pharma Tbk √ √ √ - √
127 SQBB
Taisho Pharmaceutical
Indonesia Tbk √ √ √ - √
128 TSPC Tempo Scan Pasific Tbk √ √ √ - √
129 MBTO Martina Bento Tbk √ √ √ - √
130 MRAT Mustika Ratu Tbk √ √ √ - √
131 TCID Mandom Indoenesia Tbk √ √ √ √ √
132 UNVR Unilever Indonesia Tbk √ √ √ √ √ 32
133 KDSI
Kedawung Setia
Industrial Tbk √ √ √ √ √
134 KICI Kedaung Indag Can Tbk √ √ √ √ √
135 LMPI
Langgeng Makmur
Industry Tbk √ √ √ - √
Kode Perusahaan Tahun
2012 2013 2014
1 INTP
Indocement Tunggal Prakasa Tbk
0.675653375 0.676653375 0.677653375
2 SMCB Holcim Indonesia Tbk
3 SMGR Semen Gresik Tbk
0.674737622 0.675737622 0.676737622
4 AMFG
Asahimas Flat Glass Tbk
0.685549386 0.686549386 0.687549386
5 MLIA Mulia Industrindo Tbk
0.635481688 0.636481688 0.637481688
6 TOTO
Surya Toto Indonesia Tbk
0.644025948 0.645025948 0.646025948
7 ALMI
Alumindo Light Metal Industry Tbk
0.676483349 0.677483349 0.678483349
8 JPRS Jaya Pari Steel Tbk
0.655750266 0.656750266 0.786565353
9 DPNS Duta Pertiwi Nusantara
0.778692703 0.779692703 0.780692703
10 ETWA
Eterindo Wahanatama Tbk
0.653964366 0.654964366 0.655964366
11 SRSN Indo Acitama Tbk
0.682545665 0.683545665 0.684545665
12 AKPI
Argha Karya Prima Industry Tbk
0.695684074 0.696684074 0.697684074
13 IGAR
Champion Pasific Indonesi Tbk
0.700847837 0.701847837 0.702847837
14 TRST Trias Sentosa Tbk
0.684417484 0.685417484 0.686417484
15 CPIN
Charoen Pokphand Indonesia Tbk
0.674062829 0.675062829 0.676062829
16 JPFA
Japfa Comfeed Indonesia Tbk
0.69234787 0.69334787 0.69434787
17 SIPD Sierad Produce Tbk
0.654670176 0.655670176 0.656670176
18 TIRT
Tirta Mahakam Resources Tbk
0.724958439 0.725958439 0.726958439
19 FASW Fajar Surya Wisesa Tbk
0.689335738 0.690335738 0.691335738
20 KBRI
Kertas Basuki Rachmat Indonesia Tbk
0.648776698 0.649776698 0.650776698
21 ASII Astra International Tbk
0.674506652 0.675506652 0.676506652
22 AUTO Astra Auto Part Tbk
0.66079863 0.66179863 0.66279863
23 LPIN
Multi Prima Sejahtera Tbk
0.76343534 0.76443534 0.76543534
24 SMSM Selamat Sempurna Tbk
0.661573182 0.662573182 0.663573182
25 ADES
Akasha Wira International Tbk
Lampiran ii
Data Diversifikasi Berhubungan tahun 2012-2014
Sumber : data olahan
26 ALTO Tri Banyan Tirta Tbk
0.714973568 0.715973568 0.716973568
27 DLTA Delta Jakarta Tbk
0.695683571 0.696683571 0.697683571
28 ICBP
Indofood CBP Sukses Makmur Tbk
0.688505094 0.689505094 0.690505094
29 INDF
Indofood Sukses Makmur Tbk
0.700230724 0.701230724 0.702230724
30 MYOR Mayora Indah Tbk
0.692265395 0.693265395 0.694265395
31 KLBF Kalbe Farma Tbk
0.699513041 0.700513041 0.701513041
32 UNVR Unilever Indonesia Tbk
Kode Perusahaan Tahun
2012 2013 2014
1 INTP
Indocement Tunggal Prakasa Tbk
0.690204095 0.691046203 0.692265395
2 SMCB Holcim Indonesia Tbk
0.691373893 0.696274064 0.699513041
3 SMGR Semen Gresik Tbk
0.699454348 0.700115019 0.700468374
4 AMFG
Asahimas Flat Glass Tbk
0.673989825 0.675653375 0.675059223
5 MLIA Mulia Industrindo Tbk
0.694872445 0.696072345 0.695893742
6 TOTO
Surya Toto Indonesia Tbk
0.67344705 0.674737622 0.675874751
7 ALMI
Alumindo Light Metal Industry Tbk
0.680730053 0.685549386 0.687599622
8 JPRS Jaya Pari Steel Tbk
0.648415006 0.635481688 0.636378931
9 DPNS Duta Pertiwi Nusantara
0.6427298 0.644025948 0.643980313
10 ETWA
Eterindo Wahanatama Tbk
0.671677344 0.676483349 0.678441923
11 SRSN Indo Acitama Tbk
0.657973899 0.655750266 0.658094013
12 AKPI
Argha Karya Prima Industry Tbk
0.676780492 0.678692703 0.679904692
13 IGAR
Champion Pasific Indonesi Tbk
0.651607262 0.653964366 0.653672521
14 TRST Trias Sentosa Tbk
0.676353511 0.682545665 0.682505235
15 CPIN
Charoen Pokphand Indonesia Tbk
0.692439452 0.695684074 0.701099778
16 JPFA
Japfa Comfeed Indonesia Tbk
0.697496571 0.700847837 0.701611974
17 SIPD Sierad Produce Tbk
0.685192915 0.684417484 0.682302049
18 TIRT
Tirta Mahakam Resources Tbk
0.672610064 0.674062829 0.673559498
19 FASW Fajar Surya Wisesa Tbk
Lampiran iii
Data Diversifikasi Tidak Berhubungan tahun 2012-2014
Sumber : data olahan 20 KBRI
Kertas Basuki Rachmat Indonesia Tbk
0.642852063 0.654670176 0.673411294
21 ASII Astra International Tbk
0.723422867 0.724958439 0.725665544
22 AUTO Astra Auto Part Tbk
0.690382687 0.689335738 0.692611037
23 LPIN
Multi Prima Sejahtera Tbk
0.76343534 0.683463605 0.647432428
24 SMSM Selamat Sempurna Tbk
0.661573182 0.683754051 0.673089392
25 ADES
Akasha Wira International Tbk
0.698951695 0.684044497 0.662501182
26 ALTO Tri Banyan Tirta Tbk
0.714973568 0.677748865 0.674679412
27 DLTA Delta Jakarta Tbk
0.695683571 0.661573182 0.663347912
28 ICBP
Indofood CBP Sukses Makmur Tbk
0.688505094 0.698951695 0.701050372
29 INDF
Indofood Sukses Makmur Tbk
0.700230724 0.714973568 0.716157191
30 MYOR Mayora Indah Tbk
0.692265395 0.695683571 0.69638535
31 KLBF Kalbe Farma Tbk
0.699513041 0.688505094 0.687739243
32 UNVR Unilever Indonesia Tbk
Kode Perusahaan Tahun
2012 2013 2014
1 INTP
Indocement Tunggal Prakasa Tbk
0.146622656 0.136412265 0.141948272
2 SMCB Holcim Indonesia Tbk
0.308210195 0.411013569 0.492212081
3 SMGR Semen Gresik Tbk
0.316573325 0.291915106 0.268481338
4 AMFG
Asahimas Flat Glass Tbk
0.21163496 0.21999987 0.187257729
5 MLIA Mulia Industrindo Tbk
0.811316284 0.834474448 0.816833796
6 TOTO
Surya Toto Indonesia Tbk
0.410135788 0.406904107 0.392689942
7 ALMI
Alumindo Light Metal Industry Tbk
0.687556502 0.761147395 0.800451931
8 JPRS Jaya Pari Steel Tbk
0.128191427 0.037231005 0.041337797
9 DPNS Duta Pertiwi Nusantara
0.156740831 0.369048953 0.121970269
10 ETWA
Eterindo Wahanatama Tbk
0.544465569 1.143987733 0.773147345
11 SRSN Indo Acitama Tbk
0.330519834 0.844546919 0.290302948
12 AKPI
Argha Karya Prima Industry Tbk
0.508252111 0.506211122 0.534878312
13 IGAR
Champion Pasific Indonesi Tbk
Lampiran iv
Data Struktur Modal Perusahaan tahun 2012-2014
Sumber : data olahan
14 TRST Trias Sentosa Tbk
0.381667169 0.475706856 0.473842531
15 CPIN
Charoen Pokphand Indonesia Tbk
0.337864525 0.36707955 0.475454955
16 JPFA
Japfa Comfeed Indonesia Tbk
0.631132575 0.64838677 0.663709618
17 SIPD Sierad Produce Tbk
0.612888115 0.592759722 0.540504799
18 TIRT
Tirta Mahakam Resources Tbk
0.845078857 0.918396188 0.884892429
19 FASW Fajar Surya Wisesa Tbk
0.676069952 0.726297333 0.705307704
20 KBRI
Kertas Basuki Rachmat Indonesia Tbk
0.039548945 0.12109429 0.478921586
21 ASII Astra International Tbk
0.507258303 0.591450234 0.490215185
22 AUTO Astra Auto Part Tbk
0.382422867 0.242431611 0.295138783
23 LPIN
Multi Prima Sejahtera Tbk
0.217177786 0.269767963 0.249552792
24 SMSM Selamat Sempurna Tbk
0.430803689 0.408149301 0.344437934
25 ADES
Akasha Wira International Tbk
0.462541185 0.399683493 0.413983936
26 ALTO Tri Banyan Tirta Tbk
0.418021071 0.639053483 0.570114781
27 DLTA Delta Jakarta Tbk
0.197361624 0.219693186 0.22932072
28 ICBP
Indofood CBP Sukses Makmur Tbk
0.32481981 0.376243107 0.396233657
29 INDF
Indofood Sukses Makmur Tbk
0.42447315 0.508621353 0.520259356
30 MYOR Mayora Indah Tbk
0.630491083 0.594346373 0.601543877
31 KLBF Kalbe Farma Tbk
0.217277909 0.248792561 0.209863202
32 UNVR Unilever Indonesia Tbk
Kode Perusahaan Tahun
2012 2013 2014
1 INTP
Indocement Tunggal Prakasa Tbk
1 1 1
2 SMCB Holcim Indonesia Tbk
0 0 0
3 SMGR Semen Gresik Tbk
0 0 0
4 AMFG
Asahimas Flat Glass Tbk
1 1 1
5 MLIA Mulia Industrindo Tbk
1 1 1
6 TOTO
Surya Toto Indonesia Tbk
7 ALMI
Alumindo Light Metal Industry Tbk
0 0 0
8 JPRS Jaya Pari Steel Tbk
1 1 1
9 DPNS Duta Pertiwi Nusantara
1 1 1
Argha Karya Prima Industry Tbk
Kertas Basuki Rachmat Indonesia Tbk
0 0 0
21 ASII Astra International Tbk
0 0 0
22 AUTO Astra Auto Part Tbk
1 1 1
23 LPIN
Multi Prima Sejahtera Tbk
1 1 1
24 SMSM Selamat Sempurna Tbk
1 1 1
Lampiran v
Data Kepemilikan Pemerintah tahun 2012-2014
Sumber : data olahan
Lampiran vi 30 MYOR Mayora Indah Tbk
0 0 0
31 KLBF Kalbe Farma Tbk
0 0 0
32 UNVR Unilever Indonesia Tbk
Hasil Output SPSS
Descriptive Statistics
N Minimum Maximum Mean Std. Deviation
Diversifikasi Berhubungan 96 .6355 .7866 .689059 .0316328
Diversifikasi Tidak Berhubungan
96 .6355 .7257 .680384 .0204370
Struktur Modal Perusahaan 96 11.3994 19.2795 15.009699 1.7909997
Struktur Modal Perusahaan 96 .0372 1.2149 .451348 .2397676
Kepemilikan Pemerintah 96 0 1 .62 .487
Valid N (listwise) 96
Descriptive Statistics
N Minimum Maximum Mean Std. Deviation
Diversifikasi Berhubungan 96 .6355 .7866 .689059 .0316328
Diversifikasi Tidak Berhubungan
96 .6355 .7257 .680384 .0204370
Struktur Modal Perusahaan 96 .0372 1.2149 .451348 .2397676
Valid N (listwise) 96
Kepemilikan Pemerintah
Frequency Percent Valid Percent
Cumulative Percent
Valid perusahaan dimiliki swasta 36 37.5 37.5 37.5
perusahaan dimiliki pemerintah
60 62.5 62.5 100.0
One-Sample Kolmogorov-Smirnov Test
Unstandardized Residual
N 96
Normal Parametersa,,b Mean .0000000
Std. Deviation .21896367
Most Extreme Differences Absolute .092
Positive .092
Negative -.070
Kolmogorov-Smirnov Z .902
Asymp. Sig. (2-tailed) .391
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
Collinearity Statistics
B Std. Error Beta Tolerance VIF
1 (Constant) -2.619 1.119 -2.340 .021
Diversifikasi Berhubungan
-.166 .770 -.022 -.215 .830 .868 1.152
Diversifikasi Tidak Berhubungan
4.681 1.192 .399 3.926 .000 .868 1.152
a. Dependent Variable: Struktur Modal Perusahaan
ANOVAb
Model Sum of Squares df Mean Square F Sig.
1 Regression .907 2 .453 9.256 .000a
Residual 4.555 93 .049
Total 5.461 95
a. Predictors: (Constant), Diversifikasi Tidak Berhubungan, Diversifikasi Berhubungan b. Dependent Variable: Struktur Modal Perusahaan
Model Summaryb
Model R R Square
Adjusted R Square
Std. Error of the
Estimate Durbin-Watson
1 .407a .166 .148 .2213056 1.825
a. Predictors: (Constant), Diversifikasi Tidak Berhubungan, Diversifikasi Berhubungan b. Dependent Variable: Struktur Modal Perusahaan
Uji Signifikansi Kepemilikan Pemerintah dalam Memoderasi Hubungan antara Diversifikasi Berhubungan terhadap Struktur Modal Perusahaan
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) .472 .027 17.171 .000
Struktur Modal Perusahaan
-.012 .054 -.023 -.223 .824
Uji Signifikansi Kepemilikan Pemerintah dalam Memoderasi Hubungan antara Diversifikasi Tidak Berhubungan terhadap Struktur Modal Perusahaan
Coefficientsa
Model
Unstandardized Coefficients
Standardized Coefficients
t Sig.
B Std. Error Beta
1 (Constant) .478 .027 17.757 .000
Struktur Modal Perusahaan -.022 .053 -.042 -.411 .682
a. Dependent Variable: abs_residual_x2z
Tabel Distribusi F
Tingkat Signifikansi df1 df2 F Tabel
0.05 2 91 3.096553
0.05 2 92 3.095433
0.05 2 93 3.094337
0.05 2 94 3.093266
0.05 2 95 3.092217
0.05 2 96 3.091191
0.05 2 97 3.090187
0.05 2 99 3.08824
0.05 2 100 3.087296
0.05 2 101 3.086371
0.05 2 102 3.085465
0.05 2 103 3.084577
0.05 2 104 3.083706
0.05 2 105 3.082852
0.05 2 106 3.082015
Tabel Distribusi T
Derajat Bebas Tingkat Signifikansi T Tabel
91 0.05 1.986377
92 0.05 1.986086
93 0.05 1.985802
94 0.05 1.985523
95 0.05 1.985251
96 0.05 1.984984
97 0.05 1.984723
98 0.05 1.984467
99 0.05 1.984217
100 0.05 1.983971
101 0.05 1.983731
102 0.05 1.983495
103 0.05 1.983264
104 0.05 1.983037
105 0.05 1.982815
106 0.05 1.982597