DAFTAR PUSTAKA Alsa, Yustra Iwata, 2004, Pengaruh Kualitas Asset dan Liabilitas terhadap Kinerja Perbankan Syariah, Skripsi tidak dipublikasikan, Semarang : Universitas Diponegoro Semarang. Anas, Januar, 2012, Kasus Bank Century Indonesia, didownload dari www.blogspot.com, diakses tanggal 10 Oktober 2012. Anwari, Ahza, 2010, Pengertian Asset & Liability Management, didownload dari www.bankirnews.com, diakses tanggal 16 November 2012. Anwari, Ahza, 2010, Permodalan Bank, didownload dari www.bankirnews.com, diakses tanggal 16 November 2012. Bank Indonesia, 2011, Surat Edaran Bank Indonesia No. 13/24/DPNP, Jakarta : Bank Indonesia. Bank Indonesia, 2012, Booklet Perbankan Indonesia, Edisi 2012, Jakarta : Bank Indonesia. D’Lase, Aprilia Norma, 2011, Perbandingan Kinerja Keuangan pada Bank Hasil Merger, Skripsi tidak dipublikasikan, Surabaya : STIE. Ghozali, H. Imam, 2009, Aplikasi Analisis Multivariate dengan Program SPSS, Semarang : Badan Penerbit Universitas Diponegoro. Jogiyanto H. M., 2004, Metodologi Penelitian Bisnis: Salah Kaprah dan Pengalaman-Pengalaman, Edisi 2004/2005, Yogyakarta: BPFEYogyakarta. Joshua, Okpanachi, 2011, Comparative Analysis of The Impact of Mergers and Acquisitions on Financial Efficiency of Banks in Nigeria, Journal of Accounting and Taxation, Vol. 3, No. 1, hal. 5-6. Kusumaningsih, Yeni, 2010, Analisis Perbedaan Kinerja Keuangan Sebelum dan Sesudah Merger pada PD BPR BKK Kabupaten Kendal, di-download dari www.academia.edu, diakses tanggal 3 November 2012. Moin, Abdul, 2007, Merger, Akuisisi, & Divestasi, Edisi 2, Yogyakarta : Ekonisia. Mulyaningsih, Tri dan Anne Daly, 2011, Competitive Conditions in Banking Industry : an Empirical Analysis of The Consolidation, Competition and Concentration in The Indonesia Banking Industry between 2001 and 2009, Buletin Ekonomi, Moneter dan Perbankan, Jakarta : Bank Indonesia. 58
Nur, Dhani Ichsanuddin, 2010, Dampak Keputusan Merger pada Perbankan di Bursa Efek Indonesia, Jurnal Aplikasi Manajemen, Vol. 8, No. 2, hal. 529. Prawihatmi, Yekti dan Yohanes Sugiharto, 2008, Teori Ekonomi, Semarang : UPT. Penerbit dan Desain Univeritas Katolik Soegijapranata. Suad Husnan, Suad, 2011, Manajemen Keuangan Teori dan Penerapan, Edisi 4, Yogyakarta : BPFE. Suparno, dan Edi Wibowo, 2009, Analisis Tingkat Kesehatan Bank Sebelum dan Setelah Merger pada PD. BPR BKK Malang Kabupaten Sragen, Jurnal Manajemen Sumberdaya Manusia, Vol. 3, No. 1, hal. 32. Syamsuddin, Lukman, 1987, Manajemen Keuangan Perusahaan, Yogyakarta: PT. Hanindita. Weston, J. Fred dan Eugene F. Brigham, 1986, Dasar – Dasar Manajemen Keuangan, Jakarta : Erlangga. Weston, J. Fred dan Thomas E. Copeland, 1997, Manajemen Keuangan, Jakarta : Binarupa Aksara. Wibowo, Fairuz Anger, Analisis Perbandingan Kinerja Keuangan Perusahaan Sebelum dan Sesudah Merger dan Akuisisi, Skripsi tidak dipublikasikan, Semarang : Universitas Diponegoro. Wijayanti, Fitri, 2011, Perbandingan Kinerja Keuangan pada Bank Umum Swasta Setelah Merger, Skripsi tidak dipublikasikan, Surabaya : STIE.
59
LAMPIRAN
60
LAMPIRAN 1 RISIKO KREDIT, RISIKO LIKUIDITAS, RENTABILITAS, PERMODALAN
LAMPIRAN 2 STATISTIK DESKRIPTIF
Descriptives Sebelum Merger Descriptive Statistics N
Minimum
Maximum
Mean
Std. Deviation
NPL sebelum
4
.50
3.79
1.9500
1.39411
likuiditas a sebelum
4
7.48
20.86
15.3818
5.66501
likuiditas b sebelum
4
9.63
25.45
19.5053
6.84577
likuiditas c sebelum
4
8.90
23.58
18.0320
6.35030
likuiditas d sebelum
4
87.59
100.84
93.9108
6.12150
ROA Sebelum
4
1.31
2.90
2.0050
.66596
Core ROA Sebelum
4
1.49
2.95
2.1793
.62430
CAR Sebelum
4
15.43
20.60
17.5450
2.30646
Valid N (listwise)
4
Descriptives Sesudah Merger Descriptive Statistics N
Minimum
Maximum
Mean
Std. Deviation
NPL Sesudah
4
.59
1.39
1.0150
.32787
likuiditas a sesudah
4
12.98
25.20
17.1000
5.76096
likuiditas b sesudah
4
16.16
31.97
21.3963
7.45346
likuiditas c sesudah
4
15.50
31.43
20.4595
7.54406
likuiditas d sesudah
4
83.99
97.09
87.9823
6.21968
ROA Sesudah
4
1.79
2.10
1.9750
.15242
Core ROA Sesudah
4
1.60
2.53
2.1453
.46075
CAR Sesudah
4
13.59
18.00
14.7325
2.17964
Valid N (listwise)
4
LAMPIRAN 3 UJI NORMALITAS Explore Case Processing Summary Cases Valid N NPL Likuiditas A Likuiditas B Likuiditas C Likuiditas D ROA Core ROA CAR
Missing Percent
8 8 8 8 8 8 8 8
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
N
Total
Percent 0 0 0 0 0 0 0 0
.0% .0% .0% .0% .0% .0% .0% .0%
N
Percent 8 8 8 8 8 8 8 8
100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Descriptives Statistic NPL
Mean 95% Confidence Interval for Mean
1.4825 Lower Bound
.5943
Upper Bound
2.3707
5% Trimmed Mean
1.4089
Median
1.2150
Variance
1.129
Std. Deviation
Likuiditas A
.37563
1.06245
Minimum
.50
Maximum
3.79
Range
3.29
Interquartile Range
1.23
Skewness
1.701
.752
Kurtosis
3.215
1.481
16.2409
1.89806
Mean 95% Confidence Interval for Mean
Lower Bound
11.7527
Upper Bound
20.7291
5% Trimmed Mean
16.2301
Median
16.5920
Variance
28.821
Std. Deviation
5.36853
Minimum
7.48
Maximum
25.20
Range
17.72
Interquartile Range
6.98
Skewness
.095
Kurtosis Likuiditas B
Std. Error
Mean 95% Confidence Interval for Mean
.469
1.481
20.4508
2.36948
Lower Bound
14.8478
Upper Bound
26.0537
5% Trimmed Mean
20.4118
Median
21.2930
Variance
44.915
Std. Deviation Minimum
.752
6.70189 9.63
Likuiditas C
Maximum
31.97
Range
22.34
Interquartile Range
8.34
Skewness
.147
.752
Kurtosis
.644
1.481
19.2458
2.32802
Mean 95% Confidence Interval for Mean
Lower Bound
13.7408
Upper Bound
24.7507
5% Trimmed Mean
19.1436
Median
19.4070
Variance
43.358
Std. Deviation
6.58465
Minimum
8.90
Maximum
31.43
Range
22.54
Interquartile Range
7.24
Skewness
.453
Kurtosis Likuiditas D
Mean 95% Confidence Interval for Mean
1.481 2.30978
85.4847
Upper Bound
96.4083
5% Trimmed Mean
90.7834
Median
88.8575
Variance
42.681 6.53306
Minimum
83.99
Maximum
100.84
Range
16.86
Interquartile Range
12.38
Skewness Kurtosis ROA
1.352 90.9465 Lower Bound
Std. Deviation
Mean 95% Confidence Interval for Mean
.445
.752
-1.601
1.481
1.9900
.15823
Lower Bound
1.6159
Upper Bound
2.3641
5% Trimmed Mean
1.9772
Median
1.9650
Variance
.752
.200
Std. Deviation
.44753
Minimum
1.31
Maximum
2.90
Range
1.59
Interquartile Range
Core ROA
.31
Skewness
.904
.752
Kurtosis
2.819
1.481
2.1623
.17970
Mean 95% Confidence Interval for Mean
Lower Bound
1.7373
Upper Bound
2.5872
5% Trimmed Mean
2.1556
Median
2.1360
Variance
.258
Std. Deviation
.50828
Minimum
1.49
Maximum
2.95
Range
1.46
Interquartile Range
.85
Skewness
.139
Kurtosis CAR
Mean 95% Confidence Interval for Mean
-1.112
1.481
16.1388
.90664
Lower Bound
13.9949
Upper Bound
18.2826
5% Trimmed Mean
16.0325
Median
15.7900
Variance Std. Deviation
.752
6.576 2.56437
Minimum
13.59
Maximum
20.60
Range
7.01
Interquartile Range
4.37
Skewness
.617
.752
Kurtosis
-.640
1.481
M-Estimators Huber's MEstimatora NPL Likuiditas A Likuiditas B Likuiditas C Likuiditas D ROA Core ROA CAR
1.2150 16.2176 20.3377 18.9478 90.2722 1.9518 2.1421 15.9214
Tukey's Biweightb 1.1046 16.1582 20.3238 18.6272 90.3539 1.9470 2.1521 15.9718
a. The weighting constant is 1,339. b. The weighting constant is 4,685. c. The weighting constants are 1,700, 3,400, and 8,500 d. The weighting constant is 1,340*pi.
Hampel's MEstimatorc 1.1475 16.2220 20.3407 18.9521 90.6987 1.9335 2.1435 16.0332
Andrews' Waved 1.1053 16.1585 20.3259 18.6285 90.3543 1.9517 2.1523 15.9723
Percentiles Percentiles 5 Weighted Average(Definition 1) NPL
25
50
75
90
95
.5000
.5000
.7025
1.2150
1.9375
.
.
Likuiditas A
7.4800
7.4800
12.9770
16.5920
19.9598
.
.
Likuiditas B
9.6310
9.6310
16.1603
21.2930
24.4973
.
.
Likuiditas C
8.8970
8.8970
15.4990
19.4070
22.7435
.
.
Likuiditas D
83.9860
83.9860
84.7073
88.8575
97.0860
.
.
ROA
1.3100
1.3100
1.7900
1.9650
2.1000
.
.
Core ROA
1.4910
1.4910
1.6828
2.1360
2.5280
.
.
13.5900
13.5900
13.6300
15.7900
18.0000
.
.
.8150
1.2150
1.7550
Likuiditas A
12.9770
16.5920
19.0565
Likuiditas B
16.1605
21.2930
23.5485
Likuiditas C
15.4990
19.4070
21.9120
Likuiditas D
85.4285
88.8575
97.0860
ROA
1.7900
1.9650
2.1000
Core ROA
1.7625
2.1360
2.5280
13.6700
15.7900
18.0000
CAR Tukey's Hinges
10
NPL
CAR
Extreme Valuese Case Number NPL
Highest
Lowest
Likuiditas A
Highest
Lowest
Likuiditas B
Highest
Lowest
Likuiditas C
Highest
Lowest
Likuiditas D
Highest
Lowest
ROA
Highest
Value
1
1
3.79
2
3
2.12
3
4
1.39
4
7
1.39
1
2
.50
2
8
.59
3
6
1.04
4
5
1.04
1
8
25.20
2
1
20.86
3
4
17.25
4
7
17.25
1
2
7.48
2
6
12.98
3
5
12.98
4
3
15.93
1
8
31.97
2
1
25.45
3
3
21.65
4
4
21.29a
1
2
9.63
2
6
16.16
3
5
16.16
4
7
21.29b
1
8
31.43
2
1
23.58
3
3
20.25
4
4
19.41c
1
2
8.90
2
6
15.50
3
5
15.50
4
7
19.41d
1
2
100.84
2
4
97.09
3
7
97.09
4
1
90.13
1
6
83.99
2
5
83.99
3
8
86.87
4
3
87.59
1
2
2.90
Lowest
Core ROA
Highest
Lowest
CAR
Highest
Lowest
2
5
2.10
3
6
2.10
4
1
2.02
1
3
1.31
2
7
1.79
3
4
1.79
4
8
1.91
1
2
2.95
2
5
2.53
3
6
2.53
4
1
2.35
1
3
1.49
2
8
1.60
3
7
1.92
4
4
1.92
1
2
20.60
2
4
18.00
3
7
18.00
4
3
16.15
1
6
13.59
2
5
13.59
3
8
13.75
4
1
15.43
a. Only a partial list of cases with the value 21,29 are shown in the table of upper extremes. b. Only a partial list of cases with the value 21,29 are shown in the table of lower extremes. c. Only a partial list of cases with the value 19,41 are shown in the table of upper extremes. d. Only a partial list of cases with the value 19,41 are shown in the table of lower extremes. e. The requested number of extreme values exceeds the number of data points. A smaller number of extremes is displayed.
Tests of Normality Kolmogorov-Smirnova Statistic
df
Shapiro-Wilk Sig.
Statistic
df
Sig.
NPL
.285
8
.055
.827
8
.055
Likuiditas A
.175
8
.200*
.977
8
.944
8
.200
*
.965
8
.853
.200
*
.955
8
.758
.200
*
Likuiditas B Likuiditas C
.179 .189
8
Likuiditas D
.201
8
.887
8
.217
ROA
.278
8
.069
.896
8
.264
8
.200
*
.946
8
.672
.200
*
.896
8
.264
Core ROA CAR
.182 .199
8
a. Lilliefors Significance Correction *. This is a lower bound of the true significance.
LAMPIRAN 4 UJI BEDA
T-Test Paired Samples Statistics Mean Pair 1
Pair 2
Pair 3
Pair 4
Pair 5
Pair 6
Pair 7
Pair 8
N
Std. Deviation
Std. Error Mean
NPL sebelum
1.9500
4
1.39411
.69705
NPL Sesudah
1.0150
4
.32787
.16394
likuiditas a sebelum
15.3818
4
5.66501
2.83251
likuiditas a sesudah
17.1000
4
5.76096
2.88048
likuiditas b sebelum
19.5052
4
6.84577
3.42288
likuiditas b sesudah
21.3963
4
7.45346
3.72673
likuiditas c sebelum
18.0320
4
6.35030
3.17515
likuiditas c sesudah
20.4595
4
7.54406
3.77203
likuiditas d sebelum
93.9108
4
6.12150
3.06075
likuiditas d sesudah
87.9823
4
6.21968
3.10984
ROA Sebelum
2.0050
4
.66596
.33298
ROA Sesudah
1.9750
4
.15242
.07621
Core ROA Sebelum
2.1793
4
.62430
.31215
Core ROA Sesudah
2.1453
4
.46075
.23037
CAR Sebelum
17.5450
4
2.30646
1.15323
CAR Sesudah
14.7325
4
2.17964
1.08982
Paired Samples Test Paired Differences 95% Confidence Interval of the Difference Mean Pair 1
NPL sebelum - NPL Sesudah
Pair 2
likuiditas a sebelum - likuiditas
Std. Deviation
Std. Error Mean
Lower
Upper
t
df
Sig. (2-tailed)
.93500
1.35771
.67885
-1.22541
3.09541
1.377
3
.262
-1.71825
6.96341
3.48171
-12.79859
9.36209
-.494
3
.656
-1.89100
8.73085
4.36543
-15.78374
12.00174
-.433
3
.694
-2.42750
8.76681
4.38340
-16.37745
11.52245
-.554
3
.618
5.92850
11.19235
5.59618
-11.88103
23.73803
1.059
3
.367
a sesudah Pair 3
likuiditas b sebelum - likuiditas b sesudah
Pair 4
likuiditas c sebelum - likuiditas c sesudah
Pair 5
likuiditas d sebelum - likuiditas d sesudah
Pair 6
ROA Sebelum - ROA Sesudah
.03000
.54394
.27197
-.83552
.89552
.110
3
.919
Pair 7
Core ROA Sebelum - Core
.03400
.40664
.20332
-.61305
.68105
.167
3
.878
2.81250
3.75811
1.87905
-3.16748
8.79248
1.497
3
.231
ROA Sesudah Pair 8
CAR Sebelum - CAR Sesudah
LAMPIRAN 5 RASIO – RASIO SEBELUM DAN SESUDAH MERGER MASING-MASING BANK BANK NIAGA SEBELUM DAN SESUDAH MERGER DENGAN BANK LIPPO MENJADI BANK CIMB NIAGA
Rasio
Sebelum
Sesudah
Merger
Merger
Risiko Kredit - NPL
3,79%
1,04%
20,863%
12,977%
25,446%
16,161%
23,575%
15,499%
90,127%
83,986%
2,02%
2,10%
2,350%
2,528%
15,43%
13,59%
Risiko Likuiditas - Ketersediaan Likuiditas Bank terhadap Total Asset - Ketersediaan Likuiditas Bank terhadap Pendanaan Jangka Pendek - Ketersediaan Likuiditas Bank terhadap Pendanaan Non – Inti - Ketergantungan Bank pada Pendanaan Non – Inti Rentabilitas - ROA - Core ROA Permodalan - CAR
BANK LIPPO SEBELUM DAN SESUDAH MERGER DENGAN BANK NIAGA MENJADI BANK CIMB NIAGA
Rasio
Sebelum
Sesudah
Merger
Merger
Risiko Kredit - NPL
0,50%
1,04%
7,480%
12,977%
9,631%
16,161%
8,897%
15,499%
100,842%
83,986%
2,90%
2,10%
2,954%
2,528%
20,60%
13,59%
Risiko Likuiditas - Ketersediaan Likuiditas Bank terhadap Total Asset - Ketersediaan Likuiditas Bank terhadap Pendanaan Jangka Pendek - Ketersediaan Likuiditas Bank terhadap Pendanaan Non – Inti - Ketergantungan Bank pada Pendanaan Non – Inti Rentabilitas - ROA - Core ROA Permodalan - CAR
BANK NISP SEBELUM DAN SESUDAH MERGER DENGAN BANK OCBC INDONESIA MENJADI BANK OCBC NISP
Rasio
Sebelum
Sesudah
Merger
Merger
Risiko Kredit - NPL
2,12%
1,39%
15,934%
17,250%
21,651%
21,293%
20,249%
19,407%
87,588%
97,086%
1,31%
1,79%
1,491%
1,922%
16,15%
18,00%
Risiko Likuiditas - Ketersediaan Likuiditas Bank terhadap Total Asset - Ketersediaan Likuiditas Bank terhadap Pendanaan Jangka Pendek - Ketersediaan Likuiditas Bank terhadap Pendanaan Non – Inti - Ketergantungan Bank pada Pendanaan Non – Inti Rentabilitas - ROA - Core ROA Permodalan - CAR
BANK OCBC NISP SEBELUM DAN SESUDAH MERGER DENGAN BANK OCBC SINGAPURA MENJADI BANK OCBC NISP INDONESIA
Rasio
Sebelum
Sesudah
Merger
Merger
Risiko Kredit - NPL
1,39%
0,59%
17,250%
25,196%
21,293%
31,971%
19,407%
31,433%
97,086%
86,871%
1,79%
1,91%
1,922%
1,603%
18,00%
13,75%
Risiko Likuiditas - Ketersediaan Likuiditas Bank terhadap Total Asset - Ketersediaan Likuiditas Bank terhadap Pendanaan Jangka Pendek - Ketersediaan Likuiditas Bank terhadap Pendanaan Non – Inti - Ketergantungan Bank pada Pendanaan Non – Inti Rentabilitas - ROA - Core ROA Permodalan - CAR
