LAMPIRAN
Lampiran 1 : Data Ukuran Perusahaan pada Perusahaan Property & Real
Estate yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2011-2013
NO KODE
11 LPKR 18,259,171 24,869,295 31,300,362
12 MKPI 2,138,597 2,553,203 2,838,815
Lampiran 2 : Data Profitabilitas Berdasarkan ROA pada Perusahaan
Property & Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI)
6 CTRS 0.056482 0.061856 0.075064
Lampiran 3 : Data Financial Leverage Berdasarkan DAR pada Perusahaan
Property & Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI)
Lampiran 4 : Data Kebijakan Dividen Berdasarkan DPR pada Perusahaan
Property & Real Estate yang Terdaftar di Bursa Efek Indonesia (BEI)
Periode 2011-2013
Lampiran 5 : Nilai CV Earnings pada Perusahaan Property & Real Estate
yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2011-2013
NO KODE EARNINGS STANDAR
DEVIASI MEAN
CV EARNINGS
2011 2012 2013
1 APLN 684,908 841,290 930,240 124200.9277 818,813 0.15168418
2 ASRI 602,736 1,216,091 889,576 306891.291 902,801 0.339932378
3 BSDE 1,012,033 1,478,858 2,905,648 986528.6829 1,798,846 0.548422989
4 CTRA 494,011 849,382 1,413,388 463617.1883 918,927 0.50452015
5 CTRP 168,558 319,151 442,124 137015.1857 309,944 0.442063851
6 CTRS 199,327 273,913 412,809 108343.3851 295,350 0.366830904
8 GMTD 49,084 64,373 91,845 21667.8234 68,434 0.316623658
9 GPRA 44,854 56,281 106,511 32800.4443 69,215 0.473889855
10 JRPT 346,698 427,924 546,269 100359.1767 440,297 0.227935182
11 LPKR 814,094 1,322,847 1,592,491 395271.9299 1,243,144 0.317961499
12 MKPI 323,002 363,050 365,563 23880.24356 350,538 0.068124485
13 MTLA 156,607 203,895 240,967 42282.97082 200,490 0.210898504
14 PLIN 82,969 234,725 33,342 104918.8856 117,012 0.896650648
15 PUDP 21,020 21,137 26,378 3060.226952 22,845 0.133956093
16 PWON 378,531 766,495 1,136,547 379043.2702 760,524 0.498397295
17 SMRA 388,706 792,085 1,095,888 354757.4903 758,893 0.467467074
Lampiran 6 : Nilai CV Sales pada Perusahaan Property & Real Estate yang
Terdaftar di Bursa Efek Indonesia (BEI) Periode 2011-2013
NO KODE SALES STANDAR
DEVIASI MEAN
CV SALES
2011 2012 2013
1 APLN 3,824,099 4,689,429 4,901,191 570637.9953 4,471,573 0.127614599
2 ASRI 1,381,046 2,446,413 3,684,239 1152672.116 2,503,899 0.460350822
3 BSDE 2,806,339 3,727,811 5,741,264 1500937.95 4,091,805 0.366815641
4 CTRA 2,178,331 3,322,669 5,077,062 1460025.437 3,526,021 0.414071719
5 CTRP 439,841 826,474 1,447,736 508478.7574 904,684 0.56205144
6 CTRS 804,768 1,048,459 1,261,563 228568.1118 1,038,263 0.220144644
7 DILD 939,161 1,262,035 1,510,005 286239.8799 1,237,067 0.231385915
8 GMTD 189,240 239,910 301,085 56004.66283 243,412 0.230082081
9 GPRA 389,474 356,609 518,770 85726.06932 421,618 0.203326559
10 JRPT 893,170 1,101,821 1,315,680 211260.3496 1,103,557 0.191435829
11 LPKR 4,189,580 6,160,214 6,666,214 1308507.441 5,672,003 0.230695844
12 MKPI 826,143 888,505 999,232 87663.45637 904,627 0.096905673
13 MTLA 541,780 678,729 854,973 157006.8106 691,827 0.226945082
14 PLIN 909,589 1,709,975 1,393,191 403079.9644 1,337,585 0.301349047
15 PUDP 88,907 93,530 95,023 3188.694456 92,487 0.034477342
16 PWON 1,478,104 2,165,396 3,029,797 777529.2651 2,224,432 0.349540534
Lampiran 7 : Nilai Index Smoothing pada Perusahaan Property & Real Estate
yang Terdaftar di Bursa Efek Indonesia (BEI) Periode 2011-2013
NO KODE CV
EARNINGS
CV SALES
INDEX
SMOOTHING STATUS
1 APLN 0.15168418 0.127614599 1.188611498 Bukan Perata
2 ASRI 0.339932378 0.460350822 0.73842027 Perata
3 BSDE 0.548422989 0.366815641 1.495091616 Bukan Perata
4 CTRA 0.50452015 0.414071719 1.218436633 Bukan Perata
5 CTRP 0.442063851 0.56205144 0.786518493 Perata
6 CTRS 0.366830904 0.220144644 1.66631764 Bukan Perata
7 DILD 0.415011523 0.231385915 1.793590255 Bukan Perata
8 GMTD 0.316623658 0.230082081 1.376133493 Bukan Perata
9 GPRA 0.473889855 0.203326559 2.330683498 Bukan Perata
10 JRPT 0.227935182 0.191435829 1.19066103 Bukan Perata
11 LPKR 0.317961499 0.230695844 1.378271468 Bukan Perata
12 MKPI 0.068124485 0.096905673 0.702997904 Perata
13 MTLA 0.210898504 0.226945082 0.929293126 Perata
14 PLIN 0.896650648 0.301349047 2.975455401 Bukan Perata
15 PUDP 0.133956093 0.034477342 3.885337 Bukan Perata
16 PWON 0.498397295 0.349540534 1.425864089 Bukan Perata
Lampiran 8 : Statistik Deskriptif
Descriptive Statistics
N Minimum Maximum Mean Std. Deviation
TA 17 356183 24809609 7951510.76 6867926.392
ROA 17 .029034 .140667 .07116006 .027779728
DAR 17 .274915 .691919 .46737657 .132807839
DPR 17 .070917 2.549108 .37868874 .567595699
Valid N (listwise) 17
Lampiran 9 : Uji Normalitas
NPar Tests
One-Sample Kolmogorov-Smirnov Test
TA ROA DAR DPR
N 17 17 17 17
Normal Parametersa,b Mean 7951510.76 .07116006 .46737657 .37868874 Std. Deviation 6867926.392 .027779728 .132807839 .567595699
Most Extreme Differences
Absolute .176 .148 .109 .396
Positive .176 .148 .103 .396
Negative -.134 -.101 -.109 -.294
Kolmogorov-Smirnov Z .724 .608 .449 1.632
Asymp. Sig. (2-tailed) .672 .853 .988 .010
a. Test distribution is Normal.
Lampiran 10 : Pengujian Univariate
T-Test
Group Statistics
IS N Mean Std. Deviation Std. Error Mean
TA
Bukan Perata 13 8772613.08 7488510.085 2076939.007
Perata 4 5282928.25 3851889.561 1925944.780
ROA Bukan Perata 13 .06427615 .021645467 .006003372 Perata 4 .09353275 .036999559 .018499780
DAR
Bukan Perata 13 .49806014 .119075985 .033025736
Perata 4 .36765497 .141469457 .070734729
Independent Samples Test
assumed 2.492 .135 .883 15 .391 3489684.827 3954315.641 -4938739.448 11918109.102
Equal variances
not assumed 1.232 10.489 .245 3489684.827 2832479.291 -2781841.499 9761211.153
ROA
Equal variances
assumed .563 .465 -2.009 15 .063 -.029256596 .014561835 -.060294413 .001781220
Equal variances
not assumed -1.504 3.655 .213 -.029256596 .019449481 -.085328026 .026814833
DAR
Equal variances
assumed .060 .810 1.841 15 .085 .130405169 .070830498 -.020566464 .281376802
Equal variances
NPar Tests
Mann-Whitney Test
Ranks
IS N Mean Rank Sum of Ranks
DPR
Bukan Perata 13 8.69 113.00
Perata 4 10.00 40.00
Total 17
Test Statisticsa
DPR
Mann-Whitney U 22.000
Wilcoxon W 113.000
Z -.453
Asymp. Sig. (2-tailed) .651
Exact Sig. [2*(1-tailed Sig.)] .703b
a. Grouping Variable: IS
Lampiran 11 : Pengujian Multivariate
Logistic Regression
Iteration Historya,b,c,d
Iteration -2 Log likelihood Coefficients
Constant TA ROA DAR DPR
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 18.550
d. Estimation terminated at iteration number 6 because parameter estimates changed by less
than .001.
a. Estimation terminated at iteration number 6 because parameter
estimates changed by less than .001.
Step number: 1
Tahap Ketiga
Variables in the Equation
B S.E. Wald df Sig. Exp(B) 95% C.I.for EXP(B)
Lower Upper
Step 1a ROA 44.658 31.756 1.978 1 .160 2.482E+19 .000 2.664E+046
DAR -8.880 5.951 2.227 1 .136 .000 .000 16.164
Constant -.668 3.336 .040 1 .841 .513
a. Variable(s) entered on step 1: ROA, DAR.
Tahap Keempat
Variables in the Equation
B S.E. Wald df Sig. Exp(B) 95% C.I.for EXP(B)
Lower Upper
Step 1a DAR -9.674 6.031 2.573 1 .109 .000 .000 8.550
Constant 2.967 2.470 1.442 1 .230 19.430
