Analisis Perbandingan Tingkat Nilai Sales Growth, Earning Per Share, Price Earning Ratio Perusahaan Yang Mengadakan Employee Stock Ownership Program (Esop) Dan Tidak Mengadakan Esop: Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di BEI

(1)

53 LAMPIRAN 1

Proses Seleksi Sampel Berdasarkan Kriteria

No Kode Populasi Penelitian Kriteria Sampel

(2)

(3)

55

106 SCCO PT. Supreme Cable Manufacturing & Commerce Tbk.

(4)

56 LAMPIRAN 2

Perusahaan yang Menjadi Sampel Penelitian

No

Kode

Sampel penelitian

Keterangan

(5)

57 LAMPIRAN 3

Jumlah Karyawan Perusahaan yang Menjadi Sampel Penelitian

Tahun 2009

Tahun 2010

Tahun 2011

ESOP

AKRA

2132

2229

1710

INDF

66267

66736

67581

MTDL

1427

1653

1807

SOBI

448

482

782 TIRA

948

720

745 UNTR

15656

18786

23219

NON-ESOP

ULTJ

1300

1500

1400

INTP

5858

5982

6316

UNIC

759

702

695 GJTL

10988

11724

12423

GGRM

43799

46189

44669

(6)

58 LAMPIRAN 4

Sales Growth, Earning Per Share,

dan

Price Earning Ratio

Tahun 2009-2011

Sales Growth

Tahun 2009

Tahun 2010

Tahun 2011

ESOP

AKRA

- 5.06

-4.07

6.13 INDF

-4.27

-23.78

-48.96

MTDL

-0.73

-22.58

10.04 SOBI

-0.02

-8.97

-46.38

TIRA

-6.67

-23.11

7.10 UNTR

4.80 -4.88

42.92 NON-ESOP

ULTJ

18.42 -12.95

7.76 INTP

-62.24

119.55

20.62 UNIC

-29.35

-11.40

26.88 GJTL

-0.34

-10.51

22.81 GGRM

8.99 -16.49

11.02 FASW

-9.71

-10.39

24.21 Earning Per Share

Tahun 2009

Tahun 2010

Tahun 2011

ESOP

AKRA

88

79

961 INDF

236

341

578 MTDL

5

16

27 SOBI

174

98

93 TIRA

37

99

62 UNTR

1,147

1,186

1,555

NON-ESOP

ULTJ

21

44

50 INTP

746

863

938 UNIC

103

143

160 GJTL

260

254

322 GGRM

1,796

2,085

2,659

(7)

59 Price Earning Ratio

Tahun 2009

Tahun 2010

Tahun 2011

ESOP

AKRA

13.37

21.84

3.59 INDF

15.02

14.28

13.84 MTDL

17.65

7.86

4.55 SOBI

9.42

34.21

24.31 TIRA

46.45

17.54

28.28 UNTR

13.51

20.06

18.08 NON-ESOP

ULTJ

27.39

27.26

22.89 INTP

13.46

18.48

19.02 UNIC

23.41

12.83

12.49 GJTL

1.64

9.05

9.17 GGRM

12.00

19.18

21.63 FASW

14.33

20.83

41.30

(8)

60 LAMPIRAN 5

Hasil Perhitungan Statistik Deskriptif

Group Statistik

Prinsip

N

Minimum Maximum

Mean

Std.

Deviation

Std.

Error

Mean

Sales

Growth

ESOP

18 -48,96

42,92 -7,1383 21,00987 4,95207

NON

ESOP

18 -62,24

119,55

5,3822 36,17305 8,52607

EPS

ESOP

18 5,00

1555,00

437,89

642,427 151,421

NON

ESOP

18 21,00

2659,00

599,50

793,109 186,938

PER

ESOP

18 3,59

46,45 17,9922 10,52615 2,48104

NON

(9)

61 LAMPIRAN 6

Output SPSS atas Uji Normalitas

1. Histogram

Sales Growth

,

Earning Per Share

, dan

Price Earning Ratio

Sales Growth

(10)

62

PER

45,0 40,0 35,0 30,0 25,0 20,0 15,0 10,0 5,0 0,0 12

10

8

6

4

2

0

Std. Dev = 9,61

Mean = 18,1

N = 36,00

2. Hasil Uji Kolmogorov-Smirnov

One-Sample Kolmogorov-Smirnov Test

Sales Growth EPS PER

N 36 36 36

Normal Parametersa,b Mean -,8592 488,1389 18,0617

Std. Deviation 29,83786 659,71570 9,60683

Most Extreme Differences

Absolute

,151 ,283 ,097

Positive ,151 ,283 ,097

Negative -,120 -,232 -,070

Kolmogorov-Smirnov Z ,905 1,696 ,582

Asymp. Sig. (2-tailed) ,386 ,006 ,887

(11)

63

3. Histogram EPS setelah Transformasi Data

SQRTEPS

50,0 45,0 40,0 35,0 30,0 25,0 20,0 15,0 10,0 5,0 0,0 12

10

8

6

4

2

0

Std. Dev = 13,11

Mean = 17,9

N = 36,00

4. Hasil Uji Kolmogorov-Smirnov EPS setelah Transformasi Data

5. One-Sample Kolmogorov-Smirnov Test

EPS

N 36

Normal Parametersa,b Mean 17,9195

Std.

Deviation 13,10731

Most Extreme Differences Absolute ,196

Positive ,196

Negative -,116

Kolmogorov-Smirnov Z 1,179

Asymp. Sig. (2-tailed) ,124

(12)

64 LAMPIRAN 7

Hasil Uji

Independent Sample T-Test

1. Statistik Deskriptif

Group Statistic

Prinsip N Mean Std.

Deviation

Std. Error Mean

Sales Growth _ESOP ₁₈ _-7,1383 _21,00987 _4,95207

NON ESOP 18 5,4200 36,16708 8,52466

Trans_EPS ESOP 18 15,7195 11,71762 2,76187

NON ESOP 18 20,1195 14,35817 3,38425

PER ESOP 18 17,9922 10,52615 2,48104

(13)

65

2. Lavene’s Test dan Independent Sample t-test

Independent Samples Test Levene’s

Test for Equality of

variance

t-test for Equality of Means

F Sig. t Df

Sig. (2-tailed)

Mean Difference

Std. Error Differen

ce

95% Confidence Interval of the

Difference

Lower Upper

Sales Growth

Equal variance assumed

1,532 ,224 -1,274 34 ,211 -12,5583 9,85865 -32,59351 7,47685

Equal variance not assumed

-1,274 27,301 ,213 -12,5583 9,85865 -32,77619 7,65952

EPS

,849 ,363 -1,007 34 ,321 -4,4000 4,36819 -13,27726 4,47720

-1,007 32,686 ,321 -4,4000 4,36819 -13,29042 4,49036

PER

,138 ,713 -,043 34 ,966 -,1389 3,24894 -6,74153 6,46375