LAMPIRAN 1 DAFTAR PERUSAHAAN YANG MELAKUKAN STOCK SPLIT
No Nama Perusahaan
Tgl SS
PBV_sblm EPS_sblm Vol_sblm
1
Tigaraksa Satria Tbk
30/08/05
13.52
4
2.01
2
Prima Alloy Steel Tbk
20/09/05
0.75
102
31.56
3
Hexindo Adiperkasa
25/07/05
9.12
109
184.83
4
Intraco Penta Tbk
15/01/06
0.32
103
193.92
5
Pelayaran Tempuran Emas Tbk
16/03/06
1.79
255
172.53
6
Pembangunan Jaya Ancol Tbk
09/07/06
1.11
78
126.47
7
Jaya Real Property Tbk
13/08/06
1.05
122
66.13
8
Tempo Scan Pasific Tbk
13/09/06
1.42
66
6.79
9
Ekadharma International Tbk
18/10/06
1.39
23
17.30
10 Arpeni Pratama Ocean Tbk
23/11/06
1.11
113
519.18
11 Plaza Indonesia Realty Tbk
25/12/06
1.40
316
27.29
12 Global Mediacom Tbk
23/04/07
2.68
34
266.05
13 Davomas Abadi Tbk
27/05/07
3.75
16
25.97
14 Aneka Tambang (persero) Tbk
11/07/07
3.56
814
225.87
15 AKR Corporindo Tbk
26/07/07
1.64
205
207.26
16 Semen Gresik(persero) Tbk
06/08/07
3.92
2184
19.37
17 Sorini Agro Asia Corporindo Tbk
21/08/07
0.91
31
5.00
18 Humpuss Intermoda Transportasi Tbk 10/09/07
2.06
67
2.30
19 Pakuwon Jati Tbk
18/09/07
1.29
28
6.35
20 Charoen Pokphand Indonesia Tbk
31/10/07
1.03
112
144.91
21 Jaya Pari Steel Tbk
11/12/07
1.33
36
139.73
22 Lippo Karawaci Tbk
25/12/07
2.12
55
812.76
23 International Nickel Indonesia Tbk
14/01/08
7.32
1112
55.30
24 Panorama Sentrawisata Tbk
10/02/08
2.50
18
164.61
25 Suryainti Permata Tbk
11/03/08
2.88
104
64.53
26 Delta Dunia Petroindo Tbk
14/04/08
10.96
2
79.42
27 Mitra Rajasa Tbk
29/05/08
2.14
18
2536.78
28 Berlina Tbk
03/08/08
0.44
150
0.01
29 Timah Tbk
08/08/08
4.30
3546
280.93
30 Citra Tubindo Tbk
11/01/09
2.46
2687
0.15
LAMPIRAN 2 DAFTAR PERUSAHAAN YANG TIDAK MELAKUKAN STOCK SPLIT
No Nama Perusahaan
AVG PBV
AVG EPS
AVG VOL
1
Indofood Sukses Makmur Tbk
2.13
69.2
3484.916
2
Telekomunikasi Indonesia Tbk
5.63
487.4
3377.603
3
Indah kiat pulp & paper Tbk
0.23
175.4
3215.488
4
Bentoel Internaional Investama Tbk
1.55
24.4
3162.691
5
Medco Energi International Tbk
2.01
296.2
1913.617
6
Adhi Karya (Persero) Tbk
3.22
48.4
1834.008
7
HM Sampoerna Tbk
6.25
703.8
1361.599
8
Astra International Tbk
2.59
1496.2
1189.795
9
Ciputra Surya Tbk
1.57
67.4
1126.181
10 Rig Tenders Tbk
0.82
63.3
1045.578
11 Citra Marga Nusaphala Persada Tbk
1.98
48.2
886.811
12 Indocement Tunggal Prakasa Tbk
2.93
226.8
607.478
13 Indofarma Tbk
1.44
3.2
577.080
14 Mitra Adiperkasa Tbk
1.06
48.4
542.294
15 Astra Graphia Tbk
1.49
39.0
521.468
16 Enseval Putra Megatrading Tbk
1.62
95.6
484.543
17 Pabrik Kertas Tjiwi Kimia Tbk
0.45
274.2
475.690
18 Unilever Indonesia Tbk
17.15
235.8
385.561
19 Lippo E-NET Tbk
0.15
177.6
370.010
20 Kimia Farma Tbk
1.14
10.2
357.449
21 Lautan Luas Tbk
0.62
90.2
330.166
22 trias Sentosa Tbk
0.48
10.4
329.324
23 Kageo Igar Jaya Tbk
0.57
13.8
262.824
24 Kabelindo Murni Tbk
0.60
1.6
159.880
25 Anta Express Tour &Travel Sevice Tbk
1.00
18.3
158.256
26 Ricky Putra Globalindo Tbk
0.86
42.2
153.163
27 Gudang Garam Tbk
1.41
832.6
152.508
28 Cahaya Kalbar Tbk
0.85
14.8
133.673
29 Indorama Synthetics Tbk
0.16
57.0
112.039
30 Asiaplast Industries Tbk
0.45
-3.2
109.194
Lampiran 3 Daftar Tobin Q Sebelum Perusahaan yang Melakukan Stock Split
No Nama Perusahaan EMV BBV D Q Log Q
1 Tigaraksa Satria Tbk 323659000000 685838000000 435024000000 0.68 -0.17
2 Prima Alloy Steel Tbk 94080000000 438201000000 313246000000 0.54 -0.27
3 Hexindo Adiperkasa 5166000000000 636109000000 352999000000 5.58 0.75
4 Intraco Penta Tbk 100920000000 887664000000 57703000000 0.17 -0.78
5 Pelayaran Tempuran Emas Tbk 595320000000 669966000000 336653000000 0.93 -0.03 6 Pembangunan Jaya Ancol Tbk 720000000000 905996000000 259255000000 0.84 -0.08
7 Jaya Real Property Tbk 1039500000000 1448366000000 409464000000 0.78 -0.11
8 Tempo Scan Pasific Tbk 2542500000000 2345760000000 472473000000 1.07 0.03
9 Ekadharma International Tbk 76027000000 75164000000 20358000000 1.01 0.00
10 Arpeni Pratama Ocean Tbk 10328691478000 2669279000000 1543087000000 2.82 0.45 11 Plaza Indonesia Realty Tbk 2023500000000 1990023000000 525809000000 1.01 0.01
12 Global Mediacom Tbk 9235592000000 8792985000000 4649071000000 1.03 0.01
13 Davomas Abadi Tbk 3659095000000 2707801000000 1731850000000 1.21 0.08
14 Aneka Tambang (persero) Tbk 15261536000000 7290906000000 3009300000000 1.77 0.25
15 AKR Corporindo Tbk 1700400000000 2377340000000 1129611000000 0.81 -0.09
16 Semen Gresik(persero) Tbk 21531418000000 7496419000000 1915243000000 2.49 0.40 17 Sorini Agro Asia Corporindo Tbk 324000000000 642315000000 258060000000 0.65 -0.19 18 Humpuss Intermoda Transportasi Tbk 2272500000000 2014766000000 883868000000 1.09 0.04
19 Pakuwon Jati Tbk 1203990000000 2721500000000 1791775000000 0.66 -0.18
20 Charoen Pokphand Indonesia Tbk 802371000000 2902419000000 2124286000000 0.58 -0.23
21 Jaya Pari Steel Tbk 238500000000 189384000000 10337000000 1.25 0.10
22 Lippo Karawaci Tbk 6281857000000 8485854000000 5208254000000 0.84 -0.08
23 International Nickel Indonesia Tbk 95637260000000 17775499000000 4715792000000 4.46 0.65 24 Panorama Sentrawisata Tbk 356000000000 403298000000 233557000000 0.93 -0.03
25 Suryainti Permata Tbk 2103482000000 1570853000000 832713000000 1.22 0.09
26 Delta Dunia Petroindo Tbk 3972391000000 1209218000000 743726000000 2.41 0.38
27 Mitra Rajasa Tbk 1149120000000 1126907000000 558314000000 1.01 0.01
28 Berlina Tbk 68310000000 387273000000 210667000000 0.47 -0.33
29 Timah Tbk 14444767000000 5032712000000 1673393000000 2.40 0.38
30 Citra Tubindo Tbk 2480000000000 2088892000000 1066385000000 1.12 0.05
Lampiran 4 Daftar Tobin Q Setelah Perusahaan yang Melakukan Stock Split
NO Nama Perusahaan EMV BBV D Q Log Q
1 Tigaraksa Satria Tbk 252568000000 1067119000000 797399000000 0.56 -0.25
2 Prima Alloy Steel Tbk 52920000000 593160000000 466367000000 0.49 -0.31
3 Hexindo Adiperkasa 688800000000 1204104000000 858554000000 0.75 -0.12
4 Intraco Penta Tbk 237603000000 863818000000 5433728000000 0.90 -0.05
5 Pelayaran Tempuran Emas Tbk 484938000000 996390000000 649438000000 0.69 -0.16 6 Pembangunan Jaya Ancol Tbk 1760000000000 1277133000000 462618000000 1.28 0.11
7 Jaya Real Property Tbk 4207500000000 1907357000000 717504000000 1.88 0.27
8 Tempo Scan Pasific Tbk 3375000000000 2773135000000 558369000000 1.18 0.07
9 Ekadharma International Tbk 68759000000 84926000000 24030000000 0.85 -0.07
10 Arpeni Pratama Ocean Tbk 1949093000000 4930022000000 3417818000000 0.64 -0.19
11 Plaza Indonesia Realty Tbk 6390000000000 2964660000000 1258409000000 1.81 0.26
12 Global Mediacom Tbk 2476279000000 13720366000000 4465553000000 0.38 -0.42
13 Davomas Abadi Tbk 719415000000 3620074000000 2946319000000 0.56 -0.25
14 Aneka Tambang (persero) Tbk 10396921000000 10245041000000 2130970000000 1.01 0.01
15 AKR Corporindo Tbk 2250288000000 4874851000000 2918210000000 0.66 -0.18
16 Semen Gresik(persero) Tbk 4827627000000 10602964000000 2429249000000 0.56 -0.25 17 Sorini Agro Asia Corporindo Tbk 811827000000 1111100000000 516717000000 0.82 -0.09
18 Humpuss Intermoda Transportasi Tbk 2563651000000 2967702000000 1321856000000 0.91 -0.04
19 Pakuwon Jati Tbk 4063466000000 3562501000000 11787777000000 1.03 0.01
20 Charoen Pokphand Indonesia Tbk 1428784000000 5178540000000 3844198000000 0.58 -0.23
21 Jaya Pari Steel Tbk 124500000000 399344000000 129572000000 0.48 -0.32
22 Lippo Karawaci Tbk 13841721000000 11787777000000 6927811000000 1.11 0.05
23 International Nickel Indonesia Tbk 36267636000000 19157200000000 4292924000000 1.73 0.24
24 Panorama Sentrawisata Tbk 240000000000 485914000000 254842000000 0.67 -0.18
25 Suryainti Permata Tbk 420696000000 1637621000000 800128000000 0.50 -0.30
26 Delta Dunia Petroindo Tbk 11475796000000 6570729000000 6370341000000 1.38 0.14
27 Mitra Rajasa Tbk 1386491000000 9270084000000 10686557000000 0.60 -0.22
28 Berlina Tbk 82800000000 507226000000 305973000000 0.48 -0.32
29 Timah Tbk 10066040000000 4855712000000 1425361000000 1.83 0.26
30 Citra Tubindo Tbk 2000000000000 2457000000000 1443000000000 0.88 -0.05
Lampiran 5 Hasil Statistik Deskriptif Keseluruhan Data
Descriptive Statistics
N Minimum Maximum Mean Std. Deviation
PBV_SS 31 .32 13.52 2.9526 3.13180
EPS_SS 31 2.00 3546.00 405.4516 850.63423
VOL_SS 31 .01 2536.78 206.1248 465.41126
TobinQ_sebelum_SS 31 .17 5.58 1.3774 1.16404
TobinQ_Sesudah_SS 31 .38 1.88 .9013 .43354
PBV_NSS 31 .15 17.15 2.0365 3.14184
EPS_NSS 31 -7.00 1496.20 182.6258 316.69525
VOL_NSS 31 103.58 3484.92 933.0472 1047.68566
Lampiran 6 Hasil Uji Regresi Logistik
Case Processing Summary
Unweighted Casesa N Percent Selected Cases Included in Analysis 62 100.0
Missing Cases 0 .0
Total 62 100.0
Unselected Cases 0 .0
Total 62 100.0
a. If weight is in effect, see classification table for the total number of
cases.
Iteration Historya,b,c,d
Iteration -2 Log likelihood
Coefficients
Constant PBV EPS VOL
Step 1 1 71.162 .209 .079 .000 .000
2 68.700 .328 .096 .001 -.002
3 68.140 .428 .097 .001 -.002
4 68.108 .457 .097 .001 -.002
5 68.108 .458 .097 .001 -.002
6 68.108 .458 .097 .001 -.002
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 85.950
d. Estimation terminated at iteration number 6 because parameter estimates changed by less
Omnibus Tests of Model Coefficients
Chi-square df Sig.
Step 1 Step 17.842 3 .000
Block 17.842 3 .000
Model 17.842 3 .000
Model Summary
Step -2 Log likelihood
Cox & Snell R
Square
Nagelkerke R
Square
1 68.108a .250 .333
a. Estimation terminated at iteration number 6 because parameter
estimates changed by less than .001.
Hosmer and Lemeshow Test
Step Chi-square df Sig.
Contingency Table for Hosmer and Lemeshow Test
SS = 0 SS = 1
Total Observed Expected Observed Expected
Step 1 1 5 5.946 1 .054 6
2 5 4.957 1 1.043 6
3 5 3.819 1 2.181 6
4 6 3.346 0 2.654 6
5 4 2.769 2 3.231 6
6 4 2.570 2 3.430 6
7 0 2.383 6 3.617 6
8 0 2.135 6 3.865 6
9 1 1.902 5 4.098 6
10 1 1.173 7 6.827 8
Classification Tablea
Observed
Predicted
SS
Percentage
Correct
0 1
Step 1 SS 0 22 9 71.0
1 3 28 90.3
Overall Percentage 80.6
Variables in the Equation
B S.E. Wald df Sig. Exp(B)
95.0% C.I.for EXP(B)
Lower Upper
Step 1a PBV .097 .105 .863 1 .353 1.102 .898 1.354 EPS .001 .001 1.020 1 .312 1.001 .999 1.002
VOL -.002 .001 6.114 1 .013 .998 .996 1.000
Constant .458 .439 1.089 1 .297 1.582
Iteration -2 Log likelihood
Coefficients
Constant
Step 0 1 85.950 .000
a. Constant is included in the model.
b. Initial -2 Log Likelihood: 85.950
c. Estimation terminated at iteration number 1 because
parameter estimates changed by less than .001.
Classification Tablea,b
Observed
Predicted
SS
Percentage Correct
0 1
Step 0 SS 0 0 31 .0
1 0 31 100.0
Overall Percentage 50.0
a. Constant is included in the model.
b. The cut value is .500
Variables not in the Equation
Score df Sig.
Step 0 Variables PBV 1.337 1 .248
EPS 1.872 1 .171
VOL 10.664 1 .001
Overall Statistics 13.004 3 .005
Variables in the Equation
B S.E. Wald df Sig. Exp(B)
2
Step number: 1
Observed Groups and Predicted Probabilities
8 ┼
┼
│
│
│
│
F │
│
R 6 ┼
┼
E │
│
Q │1
│
U │1
│
E 4 ┼0 0
┼
N │0 0
│
C │0 0 011 11
│
Y │0 0 011 11
│
2 ┼0 1 0 0 1 011 11
1 1 ┼
│0 1 0 0 1 011 11
1 1 │
│0 00 0 0 0 0 1 0 0 0 0 00 00 0 100001 1 1111
11101 1 1 0 1 1 11 │
│0 00 0 0 0 0 1 0 0 0 0 00 00 0 100001 1 1111
11101 1 1 0 1 1 11 │
Predicted ─────────┼─────────┼─────────┼─────────┼─────────┼─────────┼──────
───┼─────────┼─────────┼──────────
Prob: 0 .1 .2 .3 .4 .5 .6 .7 .8 .9 1
Group: 000000000000000000000000000000000000000000000000001111111111111111 1111111111111111111111111111111111
Predicted Probability is of Membership for 1 The Cut Value is .50
Symbols: 0 - 0 1 - 1
Lampiran 7 Hasil Uji Normalitas Data
Descriptive Statistics
N Mean Std. Deviation Minimum Maximum
TQ_ssdh 31 -.0874 .19162 -.42 .27
TQ_sblm 31 .0339 .29844 -.78 .75
One-Sample Kolmogorov-Smirnov Test
TQ_ssdh TQ_sblm
N 31 31
Normal Parametersa Mean -.0874 .0339 Std. Deviation .19162 .29844
Most Extreme Differences Absolute .105 .187
Positive .105 .187
Negative -.085 -.098
Kolmogorov-Smirnov Z .584 1.038
Asymp. Sig. (2-tailed) .885 .231
Lampiran 8 Hasil Uji Paired T-Test
Paired Samples Statistics
Mean N Std. Deviation Std. Error Mean
Pair 1 Tobin_sebelum .0339 31 .29844 .05360
Tobin_sesudah -.0874 31 .19162 .03442
Paired Samples Correlations
N Correlation Sig.
Pair 1 Tobin_sebelum &
Tobin_sesudah 31 .217 .240
Paired Samples Test
Paired Differences
t df Sig. (2-tailed) Mean Std. Deviation Std. Error Mean
95% Confidence Interval of the
Difference
Lower Upper
Pair 1 Tobin_sebelum -
