DAFTAR PUSTAKA Afzal, Arie, Abdul Rohman, (2012) “Pengaruh Keputusan Investasi, Keputusan Pendanaan, Dan Kebijakan Dividen Terhadap Nilai Perusahaan”, Diponegoro Journal Of Accounting Volume 1, Nomor 2, Tahun 2012 Arieska, Metha, Barbara Gunawan, (2011) “Pengaruh Aliran Kas Bebas dan Keputusan Pendanaan Terhadap Nilai Pemegang Saham dengan Set Kesempatan Investasi dan Dividen Sebagai Variabel Moderasi”, Jurnal Akuntansi Dan Keuangan, Vol. 13, No. 1, 2011 Astuti, Leni dan Erma, Setiawati (2014) “Analisis Pengaruh Profitabilitas, Kebijakan Dividen , Kebijakaan Hutang, Dan Kepemilikan Manajerial Terhadap Nilai Perusahaan (Studi Empiris Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia Tahun 2010 – 2012). Seminar Nasional Dan Call For Paper ISBN : 978602-70429-2-6.Hlm. 241-336. Brigham, Eugene F, Joel F.Houston, “Manajemen Keuangan”, Buku II (Alih Bahasa : Herman Wibowo) Erlangga, Jakarta, 2001. Christiawan Y, Jogi dan Josua, Tarigan (2007) “Kepemilikan Manajeerial, Kebijakan hutang , Kinerja, Dan Nilai Perusahaan” Jurnal Akuntansi Dan Keuangan vol 1 no 7 Frederik, P.G, Nangoy, S.C, Untu,V.N. (2015) “Analisis Pengaruh Profitabilitas, Kebijakaan Hutang, Dan Price Earning Ratio Terhadap Nilai Perusahaan Pada Perusahaan Retail Trade Yang Terdaftar Di Bursa Efek Indonesia”. Jurnal EMBA Vol.3 No.1 Maret 2015, Hal. 12421253 Ghozali, Imam.( 2009). “Aplikasi Analisis Multivariate Dengan Program SPSS”. Semarang : Badan Penerbit Universitas Diponegoro Gitosudarmo, Indriyo dan Basri. (2000). “Manajemen Keuangan”. Edisi Ketiga. Yogyakarta : BPFE. Hasnawati, Sri. (2005). “Dampak Set Peluang Investasi Terhadap Nilai Perusahaan Publik di Bursa Efek Jakarta. JAAI 9 (2). Hlm. 117-126. Hatta, A. J. (2002). Faktor-Faktor yang Mempengaruhi Kebijakan Dividen: Investigasi Pengaruh Teori Stakeholder. JAAI 6 (Desember 2): 1-22.
Hidayat, Azhari (2013). Pengaruh Kebijakan Hutang Dan Kebijakan Deviden Terhadap Nilai Perusahaan. Jurnal Akuntansi, Vol. 1, No. 3, 2013 Universitas Negeri Padang Husnan, Suad dan Pudjiastuti (2002). Manajemen Keuangan Edisi Ketiga. Yogyakarta : UPP AMP YKPN. Indriantoro, Nur, Bambang Supomo, “Metodologi Penelitian Bisnis Untuk Akuntansi & Manajemen”, Edisi Pertama Cetakan Pertama, BPFE Yogyakarta, Yogyakarta, 2002. Jogiyanto. (2003). Teori Portofolio dan Analisis Investasi. Edisi ke2Yogyakarta : BPFE. Kustini,
I, Adi. (2013. “Pengaruh Profitabilitas keputusan investasi,Keputusan pendanaan, dan kebijakan deviden Terhadap Nilai Perusahaan Manufaktur Yang Terdaftar Di BEI Periode 20102012”. JMBI Vol 2. Edisi IV.
Mahendra, Alfredo, Artini.L.G.S, Suarjaya.A.A.G. (2012). “Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan Pada Perusahaan Manufaktur Di Bursa efek Indonesia”. Jurnal Manajemen, Strategi Bisnis, dan Kewirausahaan Vol. 6, No. 2 Agustus 2012 Nurhayati, Mafizatun. (2013). Profitabilitas, Likuiditas, dan Ukuran Perusahaan Pengaruhnya Terhadap Kebijakan Dividen dan Nilai Perusahaan Sektor Non Jasa. Jurnal Keuangan dan Bisnis Vol.5 No. 2. Hlm. 145-153. Prihantoro. 2003. Estimasi Pengaruh Dividend Payout Ratio pada Perusahaan Publik di Indonesia. Jurnal Ekonomi & Bisnis 8 (1): 7-14. Rakhimsyah dan Gunawan (2011). Pengaruh Keputusan Investasi, Keputusan Pendanaan, Kebijakan Dividen, dan Tingkat Suku Bunga Terhadap Nilai Perusahaan. Jurnal Investasi Vol. 7 No.1, 2011. Hlm. 31-45. Santoso, Slamet. 2009. Statistika Deskriptif. Yogyakarta: Ardana Media Santoso, Slamet. 2010. Metode Penelitian Kuantitatif Plus Aplikasi Program SPSS. Ponorogo: P2FE UMP Sari, O, Tiara (2013) “Pengaruh Keputusan Investasi, Keputusan Pendanaan, dan Kebijakan Dividen Terhadap Nilai Perusahaan”. Management Analysis Journal 2 (2) (2013) Sartini, L. P.Nofita, Purbawangsa (2014) “Pengaruh Keputusan Investasi, Kebijakan Dividen, Serta, Keputusan Pendanaan Terhadap Nilai
Perusahaan”. Jurnal Manajemen, Strategi Bisnis dan Kewirausahaan Vol. 8, No. 2, Agustus 2014. Sofyaningsih, Sri dan Hardiningsih. (2011). Struktur Kepemilikan, Kebijakan Dividen, Kebijakan Utang dan Nilai Perusahaan . Dinamika Keuangan dan Perbankan Vol. 3, No. 1 ISSN :1979-4878. Hlm. 68 – 87. Sumanti. J.C. Dan M. Mangantar. (2015) “Analisis kepemilikan manajerial, kebijakan Hutang Dan Profitabilitas Terhadap Kebijakan Dividen dan Nilai Perusahaan”.Jurnal EMBA Vol.3 No.1 Maret 2015, Hal.1141-115 Sugiyono (2009). “Metode Penelitian Kualitatif Kuantitatif Dan R&D”, Bandung Alfabeta Suharli, Michell. 2005. Studi Empiris Terhadap Dua Faktor yang Mempengaruhi Return Saham pada Industri Food & Beverages di Bursa Efek Jakarta. Jurnal Akuntansi & Keuangan, Vol. 7, No. 2, Nopember 2005. Hlm 99- 116 Wijaya dan Wibawa. (2010). Pengaruh Keputusan Investasi, Keputusan Pendanaan, dan Kebijakan Dividen Terhadap Nilai Perusahaan. Simposium Nasional Akuntansi 13 Purwokerto.
LAMPIRAN 1
Daftar Perusahaan Sampel No
Nama Perusahaan
Kode
1
Asahimas Flat Glass Tbk
AMFG
2
Astra International Tbk
ASII
3
Arwana Citramulia Tbk
ARNA
4
Astra Otoparts Tbk
AUTO
5
Sepatu Bata Tbk
BATA
6
Charoen Pokphand Indonesia Tbk
CPIN
7
Delta Jakarta Tbk
DLTA
8
Darya-Varya Laboratoria Tbk
DVLA
9
Duta Pertiwi Nusantara Tbk
DPNS
10
Ekadharma International Tbk
EKAD
11
Gudang Garam Tbk
GGRM
12
Gajah Tunggal Tbk
GJTL
13
HM Sampoerna Tbk
HMSP
14
Indospring Tbk
INDS
15
Inducement Tunggal Prakasa Tbk
INTP
16
Kimia Farma (Persero) Tbk
KAEF
17
Kmi Wire And Cable Tbk
KBLI
18
Kalbe Farma Tbk
KLBF
19
Keramika Indonesia Assosiasi Tbk
KIAS
20
Lion Metal Works Tbk
LION
21
Lionmesh Prima Tbk
LMSH
22
Merck Tbk
MERK
23
Multi Bintang Indonesia Tbk
MLBI
24
Mayora Indah Tbk
MYOR
25
Semen Indonesia (Persero) Tbk
SMGR
26
Holcim Indonesia Tbk
SMCB
27
Selamat Sempurna Tbk
SMSM
28
Mandom Indonesia Tbk
TCID
29
Pabrik Kertas Tjiwi Kimia Tbk
TKIM
30
Surya Toto Indonesia Tbk
TOTO
31
Tempo Scan Pacific Tbk
TSPC
2
Trisula Internasional Tbk
TRIS
33
Unilever Indonesia Tbk
UNVR
34
Wismilak Inti Makmur Tbk
WIIM
35
Indofood Sukses Makmur Tbk
INDF
36
Supreme Cable Manufacturing & Comerence tbk
SCCO
LAMPIRAN 2
TABEL PERHITUNGAN KEBIJAKAN DIVIDEN (DPR) NO
KODE
1 TCID
2 KAEF
3 KLBF
4 MERK
5 WIIM
6 HMSP
7 GGRM
8 MLBI
9 BATA
10 SMSM
11 INDS
12 GJTL
TAHUN
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013
DIVIDEN PER LEMBAR SAHAM (RP/Lembar Saham) 370 370 390 5,54 9,66 8,45 19 17 19 3,57 6,25 6,5 18,9 3,6 18,9 1.750 2.269 2.430 1.000 800 800 6.965 55.576 257 27,95 26,93 29,63 80 140 125 160 475 100 10 27
LABA PER LEMBAR SAHAM (RP/Lembar Saham) 747,88 796,49 866,95 36,24 38,63 46,08 28,45 37,8 44,05 4.812,86 7.832,36 8.101,44 50,71 62,93 53,41 2.269,06 2.468,28 2.322,86 2.086,06 2.249,76 2.790,19 21.518,98 55.576,08 37.717,51 53,34 34,13 54,45 186,53 213,86 292,75 591,92 349,53 193,02 324,91 34,53
DPR (Kali)
0,49473 0,46454 0,44985 0,15287 0,25006 0,18338 0,66784 0,44974 0,43133 0,74176 0,79797 0,80233 0,37271 0,05721 0,35387 0,77124 0,91926 1,04612 0,47937 0,35559 0,28672 0,32365 1 0,00681 0,524 0,78904 0,54417 0,42889 0,65463 0,42699 0,27031 1,35897 0,51808 0,03078 0,78193
13 AUTO
14 ASII
15 TKIM
16 CPIN
17 EKAD
18 KIAS
19 SMCB
20 INDF
21 TOTO
22 SMGR
23 INTP
24 LION
25 TSPC
26 DVLA
2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013
10 87 105,5 96 216 216 216 25 10 10 46 46 18 8 9 9 0,24 1,50 1,55 80 90 34 185 142 220 200 200 170 368 407,42 375 450 900 1,35 400 400 400 75 75 64 52,5 34,5
77,44 294,6 208,78 180,85 479,73 479,73 473,8 252,06 248,12 95,11 163,68 154,34 106,52 51,8 55,6 57,3 4,63 4,7 5,87 176,21 124,25 87,22 371,41 285,16 442,5 476,31 477,55 593,11 817,2 905,37 938,35 1.293,15 1.361,02 1.431,82 1.641,30 1.245,03 942,05 141,15 141,03 129 132,95 112,32
0,12913 0,29532 0,50532 0,53083 0,45025 0,45025 0,45589 0,09918 0,0403 0,10514 0,28104 0,29804 0,16898 0,15444 0,16187 0,15707 0,05184 0,31915 0,26406 0,454 0,72435 0,38982 0,4981 0,49797 0,49718 0,41989 0,4188 0,28663 0,45032 0,45 0,39964 0,34799 0,66127 0,94286 0,24371 0,32128 0,42461 0,53135 0,5318 0,49612 0,39489 0,30716
2014 2012 2013 2014 28 DLTA 2012 2013 2014 29 SCCO 2012 2013 2014 30 KBLI 2012 2013 2014 31 TRIS 2012 2013 2014 32 DPNS 2012 2013 2014 33 LMSH 2012 2013 2014 34 ARNA 2012 2013 2014 35 AMFG 2012 2013 2014 36 UNVR 2012 2013 2014 Sumber: data sekunder diolah 27 MYOR
40 230 230 160 11,5 12 6 250 150 200 8 4 4 9 9,5 9,5 15 20 15 150 200 100 40 16 12 80 80 80 634 701 336
72,26 971,1 1.164,83 451,31 13.327,84 16.514,56 17.621,38 825,56 508,98 665,24 31,24 18,35 17,49 26,11 32,09 34,43 62,24 174,82 46,6 4.300,26 1.498,22 771,16 85,25 32,03 35,32 798,64 779,63 1.056,76 634,24 701,52 752,1
0,55356 0,23684 0,19745 0,35452 0,86286 0,72663 0,3405 0,30282 0,29471 0,30064 0,25608 0,21798 0,2287 0,3447 0,29604 0,27592 0,241 0,1144 0,32189 0,03488 0,13349 0,12968 0,46921 0,49953 0,33975 0,10017 0,10261 0,0757 0,99962 0,99926 0,44675
TABEL PERHITUNGAN KEBIJAKAN HUTANG (DER) NO
KODE
1 TCID
2 KAEF
3 KLBF
4 MERK
5 WIIM
6 HMSP
7 GGRM
8 MLBI
9 BATA
10 SMSM
11 INDS
12 GJTL
TAHUN
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014
TOTAL UTANG (Dalam Jutaan Rupiah) 164.751 282.962 569.731 643.493 847.585 1.157.041 2.046.314 2.815.103 2.607.557 1.152.689 184.728 162.909 550.947 447.652 478.483 12.939.107 1.324.559 14.882.516 14.903.612,00 21.353.980 24.991.880 822.195 794.615 1.677.254 186.620,00 2.838.332 345.775 620.876 6.994.304 602.558 528.206 443.563 454.348 7.391.409 9.626.411 10.059.605
TOTAL EKUITAS (Dalam Jutaan Rupiah) 1.096.822 1.182.991 1.283.504 1.437.066 1.624.355 1.811.144 7.371.644 8.499.958 9.817.476 416.742 512.219 553.691 656.304 781.359 854.425 13.308.420 14.155.035 13.498.114 26.605.713 29.416.271 33.228.720 329.853 987.533 553.797 387.488 396.853 429.116 820.329 1.006.799 1.146.837 1.136.573 1.752.866 1.828.319 5.478.384 5.724.343 5.983.292
DER (Kali)
0,15021 0,23919 0,44389 0,44778 0,5218 0,63885 0,27759 0,33119 0,2656 2,76595 0,36064 0,29422 0,83947 0,57291 0,56001 0,97225 0,09358 1,10256 0,56017 0,72592 0,75212 2,49261 0,80465 3,02864 0,48161 7,1521 0,80578 0,75686 6,94707 0,52541 0,46474 0,25305 0,24851 1,3492 1,68166 1,68128
13 AUTO
14 ASII
15 TKIM
16 CPIN
17 EKAD
18 KIAS
19 SMCB
20 INDF
21 TOTO
22 SMGR
23 INTP
24 LION
25 TSPC
26 DVLA
27 MYOR
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012
3.396.543 3.058.924 4.244.369 92.460.000 107.806.000 115.705.000 18.447.981 22.168.099 22.131.466 4.172.163 5.771.297 9.919.150 81.916 105.894 138.150 168.492 222.804 235.746 3.750.461,00 6.122.043 8.436.760 25.181.533 39.719.660 44.710.509 624.499 710.527 796.096 8.414.229 8.988.908 9.312.214 3.336.422 3.629.554 4.100.172 61.668,00 82.784 156.124 1.279.829 1.545.006 1.328.404 233.145 275.531 273.816 5.234.656
5.485.099 9.558.754 10.136.557 89.814.000 106.188.000 120.324.000 7.487.365 9.794.712 11.581.734 8.176.464 9.950.900 10.943.289 191.978 237.708 273.199 1.975.323 2.047.101 2.116.797 8.418.056 8.772.947 8.758.592 34.142.674 38.373.129 41.228.376 898.615 1.035.650 1.231.192 18.164.855 21.803.976 25.002.452 19.418.738 22.977.687 24.784.801 371.829 415.784 443.979 3.553.156 3.862.952 4.088.166 841.546 914.703 962.431 3.067.850
0,61923 0,32001 0,41872 1,02946 1,01524 0,96161 2,46388 2,26327 1,91089 0,51026 0,57998 0,90641 0,42669 0,44548 0,50568 0,0853 0,10884 0,11137 0,44553 0,69783 0,96326 0,73754 1,03509 1,08446 0,69496 0,68607 0,64661 0,46321 0,41226 0,37245 0,17181 0,15796 0,16543 0,16585 0,1991 0,35165 0,36019 0,39995 0,32494 0,27704 0,30122 0,2845 1,70629
2013 5.771.077 2014 6.190.553 28 DLTA 2012 147.095 2013 190.483 2014 227.474 29 SCCO 2012 832.877,00 2013 1.054.421 2014 841.615 30 KBLI 2012 316.557 2013 450.373 2014 396.595 31 TRIS 2012 123.692 2013 166.702 2014 182.369 32 DPNS 2012 28.940 2013 32.945 2014 32.795 33 LMSH 2012 31.023 2013 31.230 2014 23.964 34 ARNA 2012 332.552 2013 366.755 2014 346.945 35 AMFG 2012 658.332 2013 778.666 2014 733.749 36 UNVR 2012 8.016.614 2013 9.093.518 2014 9.681.888 Sumber: data sekunder diolah
3.938.761 4.100.555 598.212 676.558 764.473 654.045 707.611 814.393 845.414 886.650 940.757 242.556 282.306 300.726 155.697 223.428 236.803 97.525 110.468 115.951 604.808 768.940 912.231 2.457.089 2.760.727 3.184.642 3.968.365 4.254.670 4.598.782
1,4652 1,50969 0,24589 0,28155 0,29756 1,27342 1,49011 1,03343 0,37444 0,50795 0,42157 0,50995 0,5905 0,60643 0,18587 0,14745 0,13849 0,3181 0,28271 0,20667 0,54985 0,47696 0,38033 0,26793 0,28205 0,2304 2,02013 2,1373 2,10532
TABEL PERHITUNGAN KEPUTUSAN INVESTASI (PER) NO
KODE
1 TCID
2 KAEF
3 KLBF
4 MERK
5 WIIM
6 HMSP
7 GGRM
8 MLBI
9 BATA
10 SMSM
11 INDS
12 GJTL
TAHUN
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014
HARGA SAHAM (RP/Lembar Saham) 11.000 11.900 17.525 740 590 1.465 1.060 1.250 1.830 152.000 189.000 160.000 760 670 625 59.466 61.948 68.153 56.300 42.000 60.700 740.000 1.200.000 11.590 600 1.060 1.105 2.525 3.450 4.750 4.200 2.675 1.600 2.225 1.680 1.425
LABA PER LEMBAR SAHAM (RP/Lembar Saham) 747,88 796,49 866,95 36,24 38,63 46,08 28,45 37,8 44,05 4.812,86 7.832,36 8.101,44 50,71 62,93 53,41 2.269,06 2.468,28 2.322,86 2.086,06 2.249,76 2.790,19 21.518,98 55.576,08 37.717,51 53,34 34,13 54,45 186,53 213,86 292,75 591,92 349,53 193,02 324,91 34,53 77,44
PER (Kali)
14,7082 14,9406 20,2145 20,4194 15,2731 31,7925 37,2583 33,0688 41,5437 31,5821 24,1307 19,7496 14,9872 10,6468 11,7019 26,2073 25,0976 29,3401 26,9887 18,6687 21,7548 34,3882 21,592 0,30728 11,2486 31,0577 20,2938 13,5367 16,132 16,2254 7,09555 7,65313 8,2893 6,84805 48,6533 18,4013
13 AUTO
14 ASII
15 TKIM
16 CPIN
17 EKAD
18 KIAS
19 SMCB
20 INDF
21 TOTO
22 SMGR
23 INTP
24 LION
25 TSPC
26 DVLA
27 MYOR
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012
3.700 3.650 4.200 7.600 6.800 7.425 1.980 1.800 850 3.650 3.375 3.780 350 390 515 175 155 147 2.900 2.275 2.185 5.850 6.600 6.750 6.650 7.700 3.975 15.850 14.150 16.200 22.450 20.000 25.000 10.400 12.000 9.300 3.725 3.250 2.865 1.690 2.200 1.690 20.000
294,6 208,78 180,85 479,73 479,73 473,8 252,06 248,12 95,11 163,68 154,34 106,52 51,8 55,6 57,3 4,63 4,7 5,87 176,21 124,25 87,22 371,41 285,16 442,5 476,31 477,55 593,11 817,2 905,37 938,35 1.293,15 1.361,02 1.431,82 1.641,30 1.245,03 942,05 141,15 141,03 129 132,95 112,32 72,26 971,1
12,5594 17,4825 23,2237 15,8422 14,1746 15,6712 7,85527 7,25455 8,93702 22,2996 21,8673 35,4863 6,75676 7,01439 8,98778 37,797 32,9787 25,0426 16,4576 18,3099 25,0516 15,7508 23,1449 15,2542 13,9615 16,124 6,70196 19,3955 15,629 17,2643 17,3607 14,6949 17,4603 6,33644 9,63832 9,87209 26,3904 23,0447 22,2093 12,7115 19,5869 23,3878 20,5952
2013 2014 28 DLTA 2012 2013 2014 29 SCCO 2012 2013 2014 30 KBLI 2012 2013 2014 31 TRIS 2012 2013 2014 32 DPNS 2012 2013 2014 33 LMSH 2012 2013 2014 34 ARNA 2012 2013 2014 35 AMFG 2012 2013 2014 36 UNVR 2012 2013 2014 Sumber: data sekunder diolah
26.000 20.900 225.000 380.000 390.000 4.050 4.400 3.950 187 142 139 340 400 356 385 470 353 10.500 8.000 6.450 1.640 820 870 8.300 7.000 8.050 20.850 26.000 32.300
1.164,83 451,31 13.327,84 16.514,56 17.621,38 825,56 508,98 665,24 31,24 18,35 17,49 26,11 32,09 34,43 62,24 174,82 46,6 4.300,26 1.498,22 771,16 85,25 32,03 35,32 798,64 779,63 1.056,76 634,24 701,52 752,1
22,3209 46,3096 16,882 23,01 22,1322 4,90576 8,64474 5,93771 5,98592 7,73842 7,9474 13,0218 12,4649 10,3398 6,18573 2,68848 7,57511 2,44171 5,33967 8,36402 19,2375 25,601 24,6319 10,3927 8,97862 7,61762 32,874 37,0624 42,9464
TABEL PERHITUNGAN NILAI PERUSAHAAN (PBV) NO
KODE
1 TCID
2 KAEF
3 KLBF
4 MERK
5 WIIM
6 HMSP
7 GGRM
8 MLBI
9 BATA
10 SMSM
11 INDS
12 GJTL
13 AUTO
TAHUN
2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013
HARGA SAHAM (RP/Lembar) 11.000 11.900 17.525 740 590 1.465 1.060 1.250 1.830 152.000 189.000 160.000 760 670 625 59.466 61.948 68.153 56.300 42.000 60.700 740.000 1.200.000 11.590 600 1.060 1.105 2.525 3.450 4.750 4.200 2.675 1.600 2.225 1.680 1.425 3.700 3.650
BV (RP/Lembar Saham)) 5.455,00 5.883,57 6.383,48 258,74 292,47 32.609,72 145,17 181,33 209,44 18.604,55 22.867 24.718,34 312,54 372,1 406,89 3.036,37 3.229,53 3.079,65 13.827,70 15.288,42 17.269,85 15.655,10 46.869,15 26.283,67 298,06 305,27 330,09 569,8 699,33 796,6 3.608,17 3.338,79 2.786,01 1.572,08 1.642,66 1.716,97 1.422,56 1.983,05
PBV (Kali) 2,0165 2,02258 2,74537 2,86001 2,0173 0,04493 7,30178 6,89351 8,73759 8,17004 8,26522 6,47293 2,43169 1,80059 1,53604 19,5846 19,1817 22,1301 4,07154 2,74718 3,5148 47,2689 25,6032 0,44096 2,01302 3,47234 3,34757 4,43138 4,93329 5,96284 1,16403 0,80119 0,5743 1,41532 1,02273 0,82995 2,60094 1,8406
14 ASII
15 TKIM
16 CPIN
17 EKAD
18 KIAS
19 SMCB
20 INDF
21 TOTO
22 SMGR
23 INTP
24 LION
25 TSPC
26 DVLA
27 MYOR
2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014
4.200 7.600 6.800 7.425 1.980 1.800 850 3.650 3.375 3.780 350 390 515 175 155 147 2.900 2.275 2.185 5.850 6.600 6.750 6.650 7.700 3.975 15.850 14.150 16.200 22.450 20.000 25.000 10.400 12.000 9.300 3.725 3.250 2.865 1.690 2.200 1.690 20.000 26.000 20.900
2.103,14 2.218,53 2.622,99 2.972,17 5.605,56 7.333,01 4.335,45 498,63 606,84 667,36 274,73 340,18 390,97 132,31 137,12 141,79 1.098,55 1.144,86 1.142,99 3.888,50 4.370,30 4.695,49 1.813,16 2.090,70 1.242,72 3.062,43 3.675,95 4.218,55 5.275,07 6.241,85 6.732,75 7.148,37 7.993,39 8.535,43 678,87 745,15 858,43 751,38 816,7 859,31 4.001,98 4.404,06 4.584,97
1,99701 3,42569 2,59246 2,49817 0,35322 0,24547 0,19606 7,32006 5,5616 5,66411 1,27398 1,14645 1,31724 1,32265 1,1304 1,03674 2,63984 1,98714 1,91165 1,50444 1,51019 1,43755 3,66763 3,68298 3,19863 5,17563 3,84935 3,84018 4,25587 3,20418 3,71319 1,45488 1,50124 1,08958 5,48706 4,36154 3,33749 2,24919 2,69377 1,96669 4,99753 5,90364 4,55837
28 DLTA
2012 2013 2014 29 SCCO 2012 2013 2014 30 KBLI 2012 2013 2014 31 TRIS 2012 2013 2014 32 DPNS 2012 2013 2014 33 LMSH 2012 2013 2014 34 ARNA 2012 2013 2014 35 AMFG 2012 2013 2014 36 UNVR 2012 2013 2014 Sumber: data sekunder diolah
225.000 380.000 390.000 4.050 4.400 3.950 187 142 139 340 400 356 385 470 353 10.500 8.000 6.450 1.640 820 870 8.300 7.000 8.050 20.850 26.000 32.300
37.778,99 42.250,07 47.740,25 3.181,41 3.442 3.961,37 210,97 221,26 234,76 232,38 281,57 288,12 470,2 674,74 712,96 10.158,87 11.507,87 12.078,25 329,53 104,68 124,26 5.661,50 6.361,12 7.337,88 520,1 557,62 602,72
5,95569 8,99407 8,16921 1,27302 1,27834 0,99713 0,88638 0,64178 0,59209 1,46312 1,42061 1,2356 0,8188 0,69656 0,49512 1,03358 0,69518 0,53402 4,97679 7,8334 7,00145 1,46604 1,10044 1,09705 40,0884 46,6267 53,5904
LAMPIRAN 3
DATA HASIL PENGHILANGAN OUTLIER NO. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38.
KODE TCID
KAEF
KLBF
MERK
WIIM
HMSP
GGRM
MLBI BATA SMSM INDS GJTL AUTO
ASII
TKIM
TAHUN 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2013 2014 2012 2014 2012 2014 2012 2014 2012 2014 2012 2013 2014 2012 2013 2014 2012
PBV (Kali) 2,0164986 2,02258153 2,7453677 2,8600139 2,01730092 0,0449253 7,3017841 6,893509072 8,7375859 8,1700444 8,265221783 6,4729266 2,4316887 1,800591239 1,5360417 19,58457 19,18173852 22,130112 4,0715376 2,747177275 3,514796 25,60319528 0,4409582 2,0130175 3,3475719 4,4313794 5,9628421 1,164025 0,574298 1,4153224 0,8299504 2,6009448 1,840599077 1,997014 3,4256918 2,592461275 2,4981747 0,3532207
DPR (Kali) 0,494732 0,464538 0,449853 0,15287 0,250065 0,183377 0,667838 0,449735 0,431328 0,741763 0,797971 0,802326 0,372708 0,057206 0,353866 0,771244 0,919264 1,046124 0,479373 0,355593 0,286719 0,999999 0,006814 0,523997 0,544169 0,428885 0,426985 0,270307 0,518081 0,030778 0,129132 0,295316 0,505317 0,530827 0,450253 0,450253 0,455889 0,099183
DER (Kali) 0,1502076 0,23919201 0,443887203 0,447782496 0,52179788 0,638845393 0,277592624 0,33119022 0,265603603 2,765953516 0,36064262 0,294223673 0,839469209 0,57291463 0,560005852 0,972249674 0,09357511 1,102562625 0,560165856 0,7259241 0,752116844 0,80464653 3,02864407 0,481614915 0,80578445 0,756862186 0,52540858 0,464735657 0,248505868 1,349195128 1,681282645 0,619230938 0,32001284 0,418718999 1,029460886 1,01523713 0,961611981 2,463881619
PER (Kali) 14,70824196 14,94055167 20,21454524 20,41942605 15,27310381 31,79253472 37,25834798 33,06878307 41,54370034 31,58205308 24,13065794 19,74957538 14,98718202 10,64675036 11,70192848 26,20732814 25,09763884 29,34012381 26,98867722 18,66865799 21,75479089 21,59202304 0,307284336 11,24859393 20,29384757 13,53669651 16,22544833 7,095553453 8,289296446 6,848050229 18,40134298 12,55940258 17,48251748 23,22366602 15,8422446 14,1746399 15,67116927 7,855272554
39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79.
CPIN
EKAD
KIAS
SMCB
INDF
TOTO
SMGR
INTP
LION
TSPC
DVLA
MYOR DLTA
SCCO
2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2014 2012 2013 2012 2013 2014 2012
0,245465368 0,1960581 7,320057 5,561597785 5,6641093 1,2739781 1,146451878 1,3172366 1,3226513 1,130396733 1,0367445 2,6398434 1,987142533 1,9116528 1,5044362 1,510193808 1,4375496 3,66763 3,682976993 3,1986288 5,1756285 3,849345067 3,8401821 4,2558677 3,204178248 3,713193 1,4548771 1,5012404 1,089576 5,4870594 4,361537945 3,3374882 2,2491948 2,693767601 1,9666942 4,9975262 5,903643456 5,9556912 8,994067939 8,1692073 1,2730205
0,040303 0,105141 0,281036 0,298043 0,168982 0,15444 0,161871 0,157068 0,051836 0,319149 0,264055 0,454004 0,724346 0,389819 0,498102 0,497966 0,497175 0,419895 0,418804 0,286625 0,450318 0,450004 0,399638 0,347987 0,661269 0,942856 0,243709 0,321277 0,424606 0,53135 0,531802 0,496124 0,394885 0,307158 0,553557 0,236845 0,197454 0,862856 0,726632 0,340495 0,302825
2,26327216 1,910893999 0,510264951 0,57997739 0,906413968 0,426694725 0,44547933 0,50567535 0,085298455 0,10883879 0,111369205 0,445525784 0,69783198 0,963255281 0,737538395 1,03509047 1,084459621 0,69495724 0,68606865 0,646605891 0,463214763 0,41226004 0,37245203 0,171814564 0,15795994 0,165430903 0,165850431 0,19910338 0,351647263 0,360194993 0,39995475 0,32493886 0,277043679 0,30122455 0,284504551 1,706294636 1,46520111 0,245891089 0,28154718 0,297556617 1,273424611
7,254554248 8,937020292 22,29960899 21,86730595 35,48629365 6,756756757 7,014388489 8,987783595 37,79697624 32,9787234 25,04258944 16,45763578 18,30985915 25,05159367 15,75078754 23,14490111 15,25423729 13,96149566 16,12396608 6,70196085 19,39549682 15,62896937 17,26434699 17,36070835 14,69486121 17,46029529 6,336440626 9,638321968 9,872087469 26,39036486 23,04474225 22,20930233 12,71154569 19,58689459 23,3877664 20,59520132 22,32085369 16,88195537 23,00999845 22,13220531 4,905760938
80. 2013 81. 2014 82. KBLI 2012 83. 2013 84. 2014 85. TRIS 2012 86. 2013 87. 2014 88. DPNS 2012 89. 2013 90. 2014 91. LMSH 2012 92. 2013 93. 2014 94. ARNA 2012 95. 2013 96. 2014 97. AMFG 2012 98. 2013 99. 2014 Sumber: data sekunder diolah
1,278337696 0,9971298 0,886382 0,641778903 0,5920941 1,4631208 1,420605888 1,2355963 0,8188005 0,696564603 0,4951189 1,0335795 0,695176431 0,5340178 4,9767851 7,833397019 7,0014486 1,466043 1,100435 1,097047
0,294707 0,300643 0,256082 0,217984 0,228702 0,344696 0,296042 0,275922 0,241003 0,114403 0,321888 0,034882 0,133492 0,129675 0,469208 0,499532 0,339751 0,10017 0,102613 0,075703
1,49011392 1,033426122 0,374440215 0,50794902 0,421570076 0,509952341 0,59050109 0,606429108 0,185873845 0,14745242 0,138490644 0,31810305 0,2827063 0,206673509 0,549847224 0,47696179 0,380325817 0,26793169 0,28205107 0,23040235
8,644740461 5,937706692 5,985915493 7,738419619 7,947398513 13,02183072 12,46494235 10,33981992 6,185732648 2,688479579 7,575107296 2,441712827 5,339669741 8,36402303 19,23753666 25,60099906 24,63193658 10,39267 8,978618 7,617624
LAMPIRAN 4
DATA HASIL TRANSFORMASI No 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25. 26. 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38.
KODE TCID
KAEF
KLBF
MERK
WIIM
HMSP
GGRM
MLBI BATA SMSM INDS GJTL AUTO
ASII
TKIM
Inverse PBV 0,495909 0,494418 0,36425 0,349649 0,495712 22,25917 0,136953 0,145064 0,114448 0,122398 0,120989 0,15449 0,411237 0,555373 0,651024 0,051061 0,052133 0,045187 0,245607 0,36401 0,284512 0,039058 2,267789 0,496767 0,298724 0,225663 0,167705 0,859088 1,741256 0,706553 1,204891 0,384476 0,543301 0,500748 0,291912 0,385734 0,400292 2,831091
Inverse DPR 2,021297 2,152676 2,222948 6,541516 3,998965 5,453247 1,497368 2,223529 2,318421 1,34814 1,253178 1,246376 2,683069 17,48056 2,825928 1,296606 1,087827 0,95591 2,08606 2,8122 3,487735 1,000001 146,7567 1,908408 1,837664 2,331625 2,342003 3,6995 1,9302 32,491 7,744014 3,386207 1,978957 1,883853 2,220972 2,220972 2,193516 10,0824
Inverse DER 6,657453 4,180742 2,252825 2,233227 1,916451 1,565324 3,602401 3,019413 3,765009 0,361539 2,772828 3,398775 1,191229 1,745461 1,785696 1,028542 10,6866 0,906978 1,785186 1,377554 1,329581 1,242782 0,330181 2,076348 1,241027 1,321244 1,903281 2,151761 4,02405 0,741183 0,594784 1,614906 3,124875 2,388237 0,971382 0,984992 1,03992 0,405864
Inverse PER 0,067989 0,066932 0,049469 0,048973 0,065475 0,031454 0,02684 0,03024 0,024071 0,031664 0,041441 0,050634 0,066724 0,093925 0,085456 0,038157 0,039844 0,034083 0,037053 0,053566 0,045967 0,046313 3,254315 0,0889 0,049276 0,073873 0,061632 0,140933 0,120637 0,146027 0,054344 0,079622 0,0572 0,04306 0,063122 0,070549 0,063811 0,127303
39. 40. 41. 42. 43. 44. 45. 46. 47. 48. 49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60. 61. 62. 63. 64. 65. 66. 67. 68. 69. 70. 71. 72. 73. 74. 75. 76. 77. 78. 79.
CPIN
EKAD
KIAS
SMCB
INDF
TOTO
SMGR
INTP
LION
TSPC
DVLA
MYOR DLTA
SCCO
4,073894 5,100529 0,136611 0,179804 0,17655 0,784943 0,872256 0,759165 0,756057 0,884645 0,964558 0,37881 0,503235 0,523108 0,664701 0,662167 0,695628 0,272656 0,271519 0,312634 0,193213 0,259784 0,260404 0,23497 0,312093 0,26931 0,687343 0,666116 0,917788 0,182247 0,229277 0,299627 0,444604 0,371227 0,508467 0,200099 0,169387 0,167907 0,111184 0,122411 0,785533
24,812 9,511038 3,558261 3,355217 5,91779 6,475 6,177778 6,366669 19,29167 3,133333 3,78709 2,202625 1,380556 2,565293 2,007622 2,008169 2,011364 2,38155 2,38775 3,488879 2,220652 2,222203 2,502265 2,873667 1,512244 1,060607 4,10325 3,112575 2,355125 1,882 1,8804 2,015625 2,532381 3,255652 1,806499 4,222174 5,064478 1,158943 1,376213 2,936901 3,30224
0,441838 0,523315 1,959766 1,724205 1,103249 2,343596 2,244773 1,977553 11,72354 9,187901 8,979143 2,244539 1,43301 1,038146 1,355862 0,966099 0,922118 1,438937 1,45758 1,546537 2,158826 2,425653 2,68491 5,820228 6,330719 6,04482 6,029529 5,022516 2,843759 2,776274 2,500283 3,077502 3,609539 3,319783 3,514882 0,586065 0,6825 4,066841 3,551803 3,360705 0,785284
0,137844 0,111894 0,044844 0,04573 0,02818 0,148 0,142564 0,111262 0,026457 0,030323 0,039932 0,060762 0,054615 0,039918 0,063489 0,043206 0,065556 0,071626 0,062019 0,14921 0,051558 0,063984 0,057923 0,057601 0,068051 0,057273 0,157817 0,103753 0,101296 0,037893 0,043394 0,045026 0,078669 0,051055 0,042757 0,048555 0,044801 0,059235 0,043459 0,045183 0,203842
80. 81. 82. 83. 84. 85. 86. 87. 88. 89. 90. 91. 92. 93. 94. 95. 96. 97. 98. 99.
KBLI
TRIS
DPNS
LMSH
ARNA
AMFG
0,782266 3,3932 1,002878 3,326204 1,128182 3,905 1,558169 4,5875 1,688921 4,372502 0,683471 2,901111 0,703925 3,377895 0,809326 3,624213 1,221299 4,149333 1,435617 8,741 2,019717 3,106671 0,967511 28,6684 1,438484 7,4911 1,872597 7,711587 0,200933 2,13125 0,127659 2,001875 0,142828 2,943332 0,682108 9,983029 0,908732 9,745354 0,911538 13,20952 Sumber: data sekunder diolah
0,67109 0,967655 2,670653 1,968702 2,372085 1,960968 1,693477 1,648997 5,379993 6,781849 7,220704 3,143635 3,53724 4,838549 1,818687 2,096604 2,629325 3,732295 3,545457 4,340234
0,115677 0,168415 0,167059 0,129225 0,125827 0,076794 0,080225 0,096713 0,161662 0,371957 0,132011 0,409549 0,187278 0,11956 0,051982 0,039061 0,040598 0,096222 0,111376 0,131275
LAMPIRAN 5
HASIL PENGOLAHAN DATA MENGGUNAKAN SPSS
Hasil uji Statistik Deskriptif DESCRIPTIVES VARIABLES=PBV DPR DER PER /STATISTICS=MEAN STDDEV MIN MAX.
Descriptive Statistics
N
Minimum
Maximum
Mean
Std. Deviation
PBV
108
.04
53.59
5.2360
9.26655
DPR
108
.01
1.36
.4129
.25614
DER
108
.09
7.15
.8307
1.06247
PER
108
.31
48.65
18.0457
10.12592
Valid N (listwise)
108
Hasil Uji asumsi klasik SPSS Hasil Uji Normalitas NPAR TESTS /K-S(NORMAL)=RES_1 /MISSING ANALYSIS.
One-Sample Kolmogorov-Smirnov Test Unstandardized Residual N
108
Normal Parameters
a
Mean
.0000000
Std. Deviation Most Extreme Differences
7.58693590
Absolute
.239
Positive
.239
Negative
-.130
Kolmogorov-Smirnov Z
2.479
Asymp. Sig. (2-tailed)
.000
a. Test distribution is Normal.
NPAR TESTS /K-S(NORMAL)=RES_1 /MISSING ANALYSIS.
One-Sample Kolmogorov-Smirnov Test Unstandardized Residual N Normal Parameters
99 a
Mean Std. Deviation
Most Extreme Differences
-.5965874 3.53119018
Absolute
.073
Positive
.073
Negative
-.058
Kolmogorov-Smirnov Z
.731
Asymp. Sig. (2-tailed)
.660
a. Test distribution is Normal.
Hasil Uji SPSS Uji Multiolonieritas REGRESSION /MISSING LISTWISE /STATISTICS COEFF OUTS R ANOVA COLLIN TOL /CRITERIA=PIN(.05) POUT(.10) /NOORIGIN /DEPENDENT PBV /METHOD=ENTER DPR DER PER. Coefficients
a
Standardized Unstandardized Coefficients Model 1
B (Consta
Std. Error -3.357
.876
DPR
11.248
1.560
DER
.950
PER
.127
nt)
a. Dependent Variable: PBV
Coefficients Beta
Collinearity Statistics t
Sig.
Tolerance
VIF
-3.833
.000
.581
7.210
.000
.786
1.272
.566
.122
1.678
.097
.969
1.031
.040
.250
3.129
.002
.800
1.250
Hasil Uji SPSS Uji Heteroskedastisitas COMPUTE ABRES2=ABS_RES(RES_2). EXECUTE. REGRESSION /MISSING LISTWISE /STATISTICS COEFF OUTS R ANOVA /CRITERIA=PIN(.05) POUT(.10) /NOORIGIN /DEPENDENT ABRES2 /METHOD=ENTER INDPR INDER INPER.
Variables Entered/Removed
Model 1
Variables
Variables
Entered
Removed
INPER, INDER,
b
Method . Enter
a
INDPR
a. All requested variables entered. b. Dependent Variable: ABRES2
Model Summary
Model 1
R .195
Adjusted R
Std. Error of the
Square
Estimate
R Square a
.038
.007
2.11458
a. Predictors: (Constant), INPER, INDER, INDPR
Coefficients
a
Standardized Unstandardized Coefficients Model 1
B
Std. Error
(Constant)
.987
.359
INDPR
.079
.047
INDER
-.082
INPER
-3.838
a. Dependent Variable: ABRES2
Coefficients Beta
t
Sig.
2.749
.007
.569
1.702
.092
.098
-.085
-.843
.401
2.189
-.587
-1.753
.083
Hasil SPSS uji autokorelasi , Analisis Regresi berganda uji t, uji f, R2, REGRESSION /MISSING LISTWISE /STATISTICS COEFF OUTS R ANOVA /CRITERIA=PIN(.05) POUT(.10) /NOORIGIN /DEPENDENT INPBV /METHOD=ENTER INDPR INDER INPER /RESIDUALS DURBIN. b
Model Summary
Model
R
1
.173
Adjusted R
Std. Error of the
Square
Estimate
R Square a
.030
.000
Durbin-Watson
2.30230
2.001
a. Predictors: (Constant), INPER, INDER, INDPR b. Dependent Variable: INPBV b
ANOVA Model 1
Sum of Squares Regression
df
Mean Square
15.526
3
5.175
Residual
503.555
95
5.301
Total
519.081
98
F
Sig. .976
.407
a
a. Predictors: (Constant), INPER, INDER, INDPR b. Dependent Variable: INPBV
Coefficients
a
Standardized Unstandardized Coefficients Model 1
B
Std. Error
(Constant)
.940
.391
INDPR
.074
.051
INDER
-.060
INPER
-2.834
a. Dependent Variable: INPBV
Coefficients Beta
t
Sig.
2.407
.018
.488
1.452
.150
.106
-.057
-.565
.573
2.383
-.400
-1.189
.237
LAMPIRAN 6
