Analisis Faktor-Faktor yang Mempengaruhi Income Smoothing Dengan Ukuran Perusahaan sebagai Variabel Moderating (Studi Empiris pada Perusahaan Perkebunan yang Terdaftar di Bursa Efek Indonesia (BEI) dan Bursa Malaysia)

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96

Lampiran 1

Daftar Perhitungan Indeks Eckel

No Kode Perusahaan Tahun 2010, 2011, 2012, dan 2013

CV ∆I CV ∆S Indeks Eckel Kategori

1 AALI -7.65577 0.45298 -16.9009007 Income Smoothing

2 BWPT -4.12972 0.535872 -7.70654186 Income Smoothing

3 LSIP -7.53294 4.52256 -1.66563628 Income Smoothing

4 SGRO -1.57703 7.969333 -0.19788733 Income Smoothing

5 SMART -8.06063 7.216012 -1.11704775 Income Smoothing

6 TBLA -3.65225 1.856068 -1.96773502 Income Smoothing

7 1929 -13.0445 -10.2185 1.276557225 No Income Smoothing

9 5029 -2.23205 -11.1707 0.199812903 Income Smoothing

10 2291 1.563704 1.583886 0.987257921 Income Smoothing

16 2445 0.624071 0.221794 2.81374158 No Income Smoothing

17 2453 3 244.8133 0.012254236 Income Smoothing

23 5135 -103.976 115.3247 -0.9015935 Income Smoothing

24 9059 1.03634 -1.55991 -0.66435884 Income Smoothing

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Lampiran 2

Daftar Populasi dan Sampel Perusahaan Perkebunan di BEI

No Kode Nama Perusahaan Kriteria Sampel

1 2 3 4 5

1 AALI PT. Astra Agro Lestari Tbk. √ √ √ √ √ 1

2 ANJT PT. Austindo Nusantara Jaya

Tbk.

- - - -

3 BWPT PT. BW Plantation Tbk. √ √ √ √ √ 2

4 DSNG PT. Dharma Satya Nusantara

Tbk.

Plantation Tbk.

- - - -

9 PALM PT. Provident Agro Tbk. - - - -

10 SGRO PT. Sampoerna Agro Tbk. √ √ √ √ √ 4

11 SIMP PT. Salim Ivornas Pratama

Tbk.

- - - -

12 SMAR PT. Sinar Mas Agro Resources and Technology Tbk.

√ √ √ √ √ 5

13 SSMS PT. Sawit Sumbermas Sarana

Tbk.

- - - -

14 TBLA PT. Tunas Baru Lampung Tbk. √ √ √ √ √ 6

15 UNSP PT. Bakrie Sumatera Plantation Tbk.

√ √ - √ - -

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Lampiran 3

Daftar Populasi dan Sampel Perusahaan Perkebunan di Bursa Malaysia

1 2 3 4 5

1 7054 Astral Asia Berhad √ √ - - - -

2 1899 Batu Kawan Berhad - - - -

3 5069 BLD Plantation Phd √ √ - √ - -

4 5254 Boustead Plantation Berhad - - - -

5 1929 Chin Teck Plantations

Berhad

√ √ √ √ - -

6 4936 Cepatwawasan Holdings

Berhad

√ √ √ √ - -

7 3948 Dutaland Berhad √ - - - - -

8 5029 Far East Holdings Berhad √ √ √ √ √ 1

9 5222 Felda Global Ventures

Holdings Berhad

- - - -

10 2291 Genting Plantations Berhad √ √ √ √ √ 2

11 2135 Gopeng Berhad √ √ √ √ √ 3

12 7382 Golden Land Berhad √ √ √ √ - -

13 5138 Hap Seng Plantations

Holdings Berhad

√ √ √ √ √ 4

14 7501 Harlen Corporation BHD √ √ - - - -

15 2216 IJM Plantations Berhad √ - - - - -

16 2607 Inch Kenneth Kajang

Rubber Public Ltd Co.

√ √ - - - -

17 1961 IOI Corporation Berhad √ - - - - -

18 6262 Innoprise Plantations

Berhad

22 6572 Kwantas Corporation

Berhad

√ √ - - - -

23 5027 Kim Loong Resources

Berhad

√ - - - - -

24 2543 Kluang Rubber Company

(Malaysia) Berhad

√ - - - -

25 5026 MHC Plantations BHD √ √ √ √ - -

26 4936 Malpac Holdings Berhad √ √ - - - -

27 2038 Negri Sembilan Oil Palms

Berhad

√ √ √ √ - -

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1 2 3 4 5

29 5113 Rimbunan Sawit Berhad √ √ √ √ - -

30 2542 Riverview Rubber Estates

Berhad

√ √ √ √ - -

31 5126 Sarawak Oil Palms Berhad √ √ √ √ - -

32 5135 Sarawak Plantations Berhad √ √ √ √ √ 7

33 2569 Sungei Bagan Rubber

Company (Malaya) Berhad

√ √ - - - -

34 6327 Tradewinds Plantations

Berhad

39 5119 Unico Desa Plantation

Berhad

√ - - - - -

40 2593 United Malacca Berhad √ - - - - -

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100

Lampiran 4

Hasil Perhitungan Variabel Independen, Dependen, dan Moderating Pada Perusahaan Perkebunan di BEI dan Bursa Malaysia pada tahun 2010

No Kode ROE DAR NPM Indeks

Eckel Ukuran Perusahaan

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101

Lampiran 5

No Kode ROE DAR NPM Indeks

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102

Lampiran 6

No Kode ROE DAR NPM

Indeks

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103

Lampiran 7

No Kode ROE DAR NPM

Indeks

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104

Lampiran 8

Hasil Perhitungan Total Aset Pada Perusahaan Perkebunan di BEI dan Bursa Malaysia selama tahun 2010-2013

No Kode 2010 2011 2012 2013

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105

Lampiran 9

Nilai Kurs Tengah Bank Indonesia (BI) setiap akhir tahun selama tahun 2010-2013

Keterangan 2010 2011 2012 2013

Kurs Jual BI 2,931.86 2,868.43 3,176.86 3,727.94

Kurs Beli BI 2,899.84 2,837.42 3,142.39 3,687.44

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Lampiran 10

Hasil Ouput SPSS Sebelum Moderating Descriptive Statistics

Mean Std. Deviation N

Net profit margin

Model Summaryb

Model R R Square Adjusted R Square Std. Error of the Estimate

1 .529a .280 .235 .74360

a. Predictors: (Constant), Net profit margin, Return on equity, Debt to total assets b. Dependent Variable: Income Smoothing

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 10.317 3 3.439 6.219 .001a

Residual 26.541 48 .553

Total 36.857 51

a. Predictors: (Constant), Net profit margin, Return on equity, Debt to total assets b. Dependent Variable: Income Smoothing

Coefficientsa

Model Unstandardized

Coefficients

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107

Coefficient Correlationsa

Model Net profit margin Return on equity Debt to total assets

1 Correlations Net profit margin 1.000 -.330 .379

a. Dependent Variable: Income Smoothing

Collinearity Diagnosticsa Model Dimension

Eigenvalue Condition

Index

Variance Proportions

(Constant) Return on _equity Debt to total _assets Net profit _margin

1

a. Dependent Variable: Income Smoothing

Residuals Statisticsa

Minimum Maximum Mean Std. Deviation N

Predicted Value -1.1492 .6631 -.1505 .44976 52

Std. Predicted Value -2.221 1.809 .000 1.000 52

Standard Error of Predicted Value

.119 .677 .187 .088 52

Adjusted Predicted Value -1.6290 2.8344 -.1117 .61440 52

Residual -1.32052 1.81365 .00000 .72139 52

Std. Residual -1.776 2.439 .000 .970 52

Stud. Residual -1.946 2.743 -.015 1.036 52

Deleted Residual -2.62282 2.29337 -.03882 .87503 52

Stud. Deleted Residual -2.007 2.955 -.015 1.058 52

Mahal. Distance .319 41.240 2.942 5.821 52

Cook's Distance .000 2.575 .077 .361 52

Centered Leverage Value .006 .809 .058 .114 52

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One-Sample Kolmogorov-Smirnov Test res1

N 52

Normal Parametersa,b Mean .0000000

Std. Deviation .72139334

Most Extreme Differences

Absolute .084

Positive .084

Negative -.084

Kolmogorov-Smirnov Z .607

Asymp. Sig. (2-tailed) .855

a. Test distribution is Normal. b. Calculated from data.

Runs Test

Unstandardized Residual

Test Valuea ,06000

Cases < Test Value 26

Cases >= Test Value 26

Total Cases 52

Number of Runs 32

Z 1,401

Asymp. Sig. (2-tailed) ,161

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Lampiran 11

Hasil Ouput SPSS Setelah Moderating Descriptive Statistics

N Minimum Maximum Mean Std. Deviation

Net profit margin

Model Summary

Model R R Square Adjusted R Square Std. Error of the Estimate

1 ,535a ,286 ,226 ,74805

a. Predictors: (Constant), Ukuran Perusahaan, Return on equity, Net profit margin, Debt to total assets

ANOVAb

Model Sum of Squares df Mean Square F Sig.

1 Regression 10,557 4 2,639 4,716 ,003a

Residual 26,301 47 ,560

Total 36,857 51

a. Predictors: (Constant), Ukuran Perusahaan, Return on equity, Net profit margin, Debt to total assets

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Coefficientsa

Coefficients

a. Dependent Variable: Income smoothing

Collinearity Diagnosticsa Model Dimension

Eigenvalue

Condition Index

Variance Proportions

(Constant)

Return on equity

Debt to total assets

Net profit margin

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113

One-Sample Kolmogorov-Smirnov Test

N 52

Normal Parametersa,b Mean ,0000000

Std. Deviation ,71812051

Most Extreme Differences Absolute ,105

Positive ,079

Negative -,105

Kolmogorov-Smirnov Z ,754

a. Test distribution is Normal. b. Calculated from data.

Runs Test

Test Valuea ,02934

Cases < Test Value 26

Cases >= Test Value 26

Total Cases 52

Number of Runs 32

Z 1,401

a. Median

Coefficientsa

Coefficients

Zscore(Ukuran) Ukuran Perusahaan

-,089 ,108 -,105 -,827 ,412

ABS(ROE-Ukuran) ,467 ,154 ,391 3,028 ,004

a. Dependent Variable: Income smoothing Adjusted R2 = 0.200

Coefficientsa

Coefficients

Zscore(DAR) Debt to total assets

-,401 ,111 -,472 -3,601 ,001

-,025 ,116 -,030 -,219 ,828

ABS(DAR-Ukuran) ,354 ,173 ,262 2,050 ,046

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Coefficientsa

Coefficients

-,028 ,108 -,033 -,257 ,798

ABS(NPM-Ukuran) -,531 ,145 -,674 -3,664 ,001