DAFTAR ISI
ABSTRAK ........................................................................................................
i
KATA PENGANTAR ......................................................................................
ii
UCAPAN TERIMA KASIH ............................................................................ iii DAFTAR ISI ..................................................................................................... vi DAFTAR TABEL ............................................................................................. xi DAFTAR GAMBAR ........................................................................................ xiii DAFTAR GRAFIK ........................................................................................... xiv DAFTAR LAMPIRAN .................................................................................... xv
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II
PENDAHULUAN 1.1
Latar Belakang Penelitian
...............................................
1
1.2
Identifikasi Masalah
...............................................
4
1.3
Maksud dan Tujuan Penelitian ............................................
5
1.4
Kegunaan Penelitian
...............................................
6
1.5
Kerangka Pemikiran
...............................................
6
1.6
Metode Penelitian
...............................................
9
1.7
Waktu dan Tempat
............................................... 10
TINJAUAN PUSTAKA 2.1
Manajemen .......................................................................... 11
2.2
Ruang Lingkup Manajemen Keuangan .............................. 11
2.3
2.2.1
Pengertian Manajemen Keuangan .......................... 11
2.2.2
Fungsi-Fungsi Manajemen Keuangan .................... 12
2.2.3
Tujuan Manajemen Keuangan ............................... 13
Laporan Keuangan .............................................................. 14 2.3.1
Pengertian Laporan Keuangan ............................... 14
2.3.2
Tujuan dan Manfaat Laporan Keuangan ................ 15 2.3.2.1 Tujuan Laporan Keuangan ......................... 15
2.3.2.2 Manfaat Laporan Keuangan ....................... 16
2.4
2.5
2.6
2.3.3
Jenis-Jenis Laporan Keuangan ............................... 16
2.3.4
Sifat dan Keterbatasan Laporan Keuangan ............ 17
Analisis Laporan Keuangan ................................................ 18 2.4.1
Pengertian Analisis Laporan Keuangan ................. 18
2.4.2
Tujuan Analisis Laporan Keuangan ....................... 19
2.4.3
Teknik Analisa Laporan Keuangan ........................ 20
Analisis Rasio Keuangan .................................................... 21 2.5.1
Pengertian Analisis Rasio Keuangan ..................... 21
2.5.2
Manfaat Analisis Rasio Keuangan ......................... 22
2.5.3
Jenis-Jenis Rasio Keuangan ................................... 23
Rasio Likuiditas .................................................................. 24 2.6.1
Pengertian Analisis Rasio Likuiditas ..................... 24
2.6.2
Ukuran Rasio Likuiditas ......................................... 24
2.7 Rasio Leverage .................................................................... 25 2.7.1
Pengertian Analisis Rasio Leverage ....................... 25
2.7.2
Ukuran Rasio Leverage ......................................... 26
2.8 Rasio Aktivitas .................................................................... 27
2.9
2.8.1
Pengertian Analisis Rasio Aktivitas ....................... 27
2.8.2
Ukuran Rasio Aktivitas .......................................... 28
Rasio Profitabilitas ............................................................... 28 2.9.1
Pengertian Analisis Rasio Profitabilitas .................. 28
2.9.2
Ukuran Rasio Profitabilitas .................................... 29
2.10 Hubungan antara Current Ratio terhadap Net Profit Margin ................................................................................. 30 2.11 Hubungan antara Total Debt to Total Assets terhadap Net Profit Margin ...................................................................... 30
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OBJEK DAN METODE PENELITIAN 3.1 Objek Penelitian .................................................................. 31 3.1.1
Sejarah Bursa Efek Indonesia ................................ 31
3.1.2 3.2
3.3
Gambaran Umum Perusahaan ................................ 33
Metode Penelitian ............................................................... 35 3.2.1
Operasionalisasi Variabel ....................................... 36
3.2.2
Jenis dan Sumber Data ........................................... 39
3.2.3
Populasi dan Sampel .............................................. 39
3.2.4
Teknik Pengumpulan Data ..................................... 41
Teknik Analisis Data ........................................................... 42 3.3.1
Uji Asumsi Klasik ................................................... 42 1. Uji Normalitas .................................................... 42 2. Uji Autokorelasi ................................................. 43 3. Uji Multikolinieritas ........................................... 44 4. Uji Heteroskedastisitas ....................................... 45
3.3.2
Uji Analisis Regresi ............................................... 46 3.3.2.1 Analisis Regresi Sederhana ........................ 46 3.3.2.2 Analisis Regresi Berganda ......................... 47
3.3.3
Uji Analisis Korelasi .............................................. 48 3.3.3.1 Analisis Korelasi Sederhana ...................... 48 3.3.3.2 Analisis Korelasi Berganda ........................ 49 3.3.3.3 Pengujian Koefisien Determinasi (Uji R Square) ............................................ 51
3.3.4
Pengujian Hipotesis ................................................ 51 3.3.4.1 Pengujian Hipotesis Parsial ........................ 52 3.3.4.2 Pengujian Hipotesis Simultan .................... 54
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HASIL PENELITIAN DAN PEMBAHASAN 4.1
Perkembangan Current Ratio, Total Debt to Total Assets Ratio dan Net Profit Margin pada Perusahaan Food and Beverage Periode 2008-2012 ............................. 57 4.1.1 Perkembangan Current Ratio pada Perusahaan Food and Beverage Periode 2008-2012 ................... 58 4.1.2 Perkembangan Total Debt to Total Assets pada
Perusahaan Food and Beverage Periode 2008-2012 .................................................................. 61 4.1.3 Perkembangan Net Profit Margin pada perusahaan Food and Beverage periode 2008-2012 .................... 65 4.2 Pengaruh Current Ratio, Total Debt To Total Assets terhadap Net Profit Margin pada Perusahaan Food and Beverage Periode 2008-2012 secara Parsial ................ 69 4.2.1 Uji Asumsi Klasik ..................................................... 69 4.2.2 Analisis Regresi Sederhana ....................................... 74 4.2.2.1 Analisis Regresi Current Ratio terhadap Net Profit Margin secara parsial .................. 74 4.2.2.2 Analisis Regresi Total Debt to Total Assets terhadap Net Profit Margin secara parsial ............................................... 75 4.2.3 Analisis Korelasi ....................................................... 76 4.2.3.1 Analisis Koefisien Korelasi Parsial .............. 77 4.2.3.2 Analisis Koefisien Determinasi Parsial ........ 79 4.2.4 Pengujian Hipotesis ................................................... 81 4.2.4.1 Hubungan Current Ratio terhadap Net Profit Margin Secara Parsial ........................ 81
4.2.4.2 Hubungan Total Debt to Total Assets terhadap Net Profit Margin secara Parsial ... 83 4.3
Pengaruh Current Ratio, Total Debt to Total Assets terhadap Net Profit Margin pada Perusahaan Food and Beverage Periode 2008-2012 Secara Simultan ...................................... ............................ 85 4.3.1 Analisis Regresi Linier Simultan ............................. 85 4.3.2 Analisis Korelasi Simutan .......................................
87
4.3.3 Analisis Koefisien Determinasi ................................. 88
4.3.4 Pengujian Hipotesis ................................................... 88
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V
KESIMPULAN DAN SARAN 5.1
Kesimpulan ......................................................................... 91
5.2
Saran ................................................................................... 94
DAFTAR PUSTAKA LAMPIRAN-LAMPIRAN
DAFTAR TABEL
TABEL 3.1
Operasional Variabel .................................................................. 38
TABEL 3.2
Perusahaan Sampel Sektor Food and Beverage ......................... 41
TABEL 3.3
Interpretasi Korelasi ................................................................... 50
TABEL 4.1
Perusahaan Sampel Food and Beverage yang akan Diteliti ...... 57
TABEL 4.2
Perkembangan Current Ratio Perusahaan Food and Beverage periode 2008-2012 ..................................... 58
TABEL 4.3
Perkembangan Total Debt to Total Asset Ratio Perusahaan Food and Beverage periode 2008-2012 .................. 62
TABEL 4.4
Perkembangan Net Profit Margin Perusahaan Food and Beverage periode 2008-2012 ..................................... 66
TABEL 4.5
Uji Normalitas Current Ratio, Total Debt to Total Asset Ratio dan Net Profit Margin Perusahaan Food and Beverage periode 2008-2012 .................................................................................. 70
TABEL 4.6
Uji Autokorelasi Current Ratio, Total Debt to Total Asset Ratio dan Net Profit Margin Perusahaan Food and Beverage periode 2008-2012 .................................................................................. 71
TABEL 4.7
Uji Multikolineritas Current Ratio, Total Debt to Total Asset Ratio dan Net Profit Margin Perusahaan Food and Beverage Periode 2008-2012 ..................................................................... 72
TABEL 4.8
Analisis Regresi Linier Sederhana Current Ratio terhadap Net Profit Margin ....................................................................... 75
TABEL 4.9
Analisis Regresi Linier Sederhana Current Ratio terhadap Total Debt to Total Asset Ratio .................................................. 76
TABEL 4.10 Interpretasi Koefisien Korelasi ................................................... 77 TABEL 4.11 Analisis Korelasi Parsial Current Ratio terhadap Net Profit Margin ............................................................................. 78 TABEL 4.12 Analisis Korelasi Parsial Total Debt to Total Asset Ratio terhadap Net Profit Margin ....................................................... 79
TABEL 4.13 Analisis Koefisien Determinsi Parsial Current Ratio terhadap Net Profit Margin ........................................................ 80 TABEL 4.14 Analisis Koefisien Determinsi Parsial Total Debt to Total Asset Ratio terhadap Net Profit Margin .............................................. 80 TABEL 4.15 Uji Signifikansi Hubungan Current Ratio terhadap Net Profit Margin secara parsial ................................................................ 82 TABEL 4.16 Uji Signifikansi Hubungan Total Debt to Total Asset Ratio terhadap Net Profit Margin secara parsial ...................... 84 TABEL 4.17 Analisis Regresi linier Berganda Current Ratio, Total Debt to Total Assets Ratio terhadap Net Profit Margin secara simultan .. 86 TABEL 4.18 Analisis Korelasi Current Ratio, Total Debt to Total Assets Ratio terhadap Net Profit Margin secara simultan .................... 87 TABEL 4.19 Analisis Koefisien Determinasi Current Ratio, Total Debt to Total Assets Ratio terhadap Net Profit Margin secara simultan... 88 TABEL 4.20 Uji Signifikansi Current Ratio, Total Debt to Total Assets Ratio terhadap Net Profit Margin secara simultan .................... 89
DAFTAR GAMBAR
Gambar 1.1 Skema Kerangka Pemikiran ...........................................................
8
Gambar 3.1 Daerah Penerimaan dan Penolakan H0 (Uji T) ............................... 54 Gambar 3.2 Daerah Penerimaan dan Penolakan H0 (Uji F) ............................... 56 Gambar 4.1 Hasil Uji Heterokedastisitas Current Ratio, Total Debt to Total Assets Ratio dan Net Profit Margin perusahaan Food and Beverage Periode 2008-2012 ......................................................................... 73 Gambar 4.2 Daerah Hasil Penerimaan dan Penolakan Uji t X1 ......................... 82 Gambar 4.3 Daerah Hasil Penerimaan dan Penolakan Uji t X2 ......................... 84 Gambar 4.4 Daerah Hasil Uji Statistik Uji F ..................................................... 90
DAFTAR GRAFIK
Grafik 4.1 Perkembangan Current Ratio pada perusahaan Food and Beverage periode 2008-2012 ............................................................................ 60 Grafik 4.2 Perkembangan Total Debt to Total Assets Ratio pada perusahaan Food and Beverage periode 2008-2012 ........................................... 64 Grafik 4.2 Perkembangan Net Profit Margin pada perusahaan Food and Beverage periode 2008-2012 ............................................................................ 68
DAFTAR LAMPIRAN
Lampiran 1 Laporan Keuangan Tahunan Perusahaan Food and Beverage Periode 2008-2012 Lampiran 2 Data Awal Lampiran 3 Hasil Output SPSS Lampiran 4 Tabel Distribusi t Lampiran 5 Tabel Distribusi F Lampiran 6 Kartu Bimbingan Skripsi Lampiran 7 Riwayat Hidup
