Lampiran 1 Daftar Perusahaan Yang Melakukan Right Issue Tahun 2005-2009 No
Nama
1 Apexindo Pratama Duta Tbk 2 Arthavest Tbk 3 Bakrie dan Brothers Tbk 4 Bakrieland Development Tbk Bank Bumuputera Indonesia 5 Tbk 6 Bank Niaga Tbk 7 Bank NISP Tbk 8 Inti Kapuas Arowana Tbk 9 Maskapai Reasuransi Ind. Tbk 10 Multipolar Tbk 11 Palm Asia Corpora Tbk 12 Pan Brothers Tex Tbk 13 Sinar Mas Multiartha Tbk 14 Asuransi Bintang Tbk 15 Bank Buana Indonesia Tbk 16 Bank Mega Tbk Bank Nusantara Parahyangan 17 Tbk 18 Bank Pan Indonesia Tbk Bank Victoria Internasional 19 Tbk 20 Ciputra Development Tbk 21 Energi Mega Persada Tbk 22 Inti Kapuas Arowana Tbk 23 Jaka Inti Realtindo Tbk 24 Mandom Indonesia Tbk 25 Bank Himpunan Saudara tbk 26 Panin Insurance Tbk 27 Panin Life Tbk
Tanggal Right Issue Sep 20-26, 2006 Jul 13 - 19, 2006 May 16 - Jun 3, 2005 Dec 12 - 16, 2005 Dec 30, 2005- Jan 5, 2006 sep 9-15, 2005 Nov 24-30 2005 Apr 7 - 13, 2005 Apr 13-19 2005 Jun 24 - Jul 7, 2005 Apr 7 - 13, 2005 Jul 14 - 20, 2005 Jul 12-18, 2006 Dec 14-20 2006 Jun 7-15, 2006 Apr 12-16 2006 Jul 7 - 13, 2006 Jul 13 - Agus 28, 2006 Jun 26 - 30 2006 Dec 1 - 7, 2006 Jan 6 - 20, 2006 Jan 9 - 21, 2006 Dec 11, 2006 - Jan 23, 2007 Feb 10 - 16, 2006 Dec 8 -22, 2006 Jul 13-Agus 24, 2006 Jul 13-Agus 25,
Bukan Bank dan Bank dan Sekuritas Sekuritas √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Universitas Sumatera Utara
28 29 30 31
Sentul City Tbk Sumalindo Lestari Jaya Tbk Tunas Baru Lampung Ades Waters Indonesia Tbk
32 ATPK Finance Tbk Bakrie Sumatera Plantation 33 Tbk 34 Bakrieland Development Tbk Bank Artha Graha 35 Internasional tbk 36 Bank Century Tbk 37 Bank Mayapada Tbk 38 Bank Negara Indonesia Tbk 39 Bank NISP Tbk 40 Barito Pasific Tbk 41 Bhakti Investama Tbk 42 Budi Acid Jaya Tbk Charoen Pokphand Indonesia 43 Tbk 44 Cipta Panelutama Tbk 45 Clipan Finance Indonesia Tbk Dharma Samudera Fishing 46 Industries Tbk Fatrapolindo Nusa Industri 47 Tbk 48 Gajah Tunggal Tbk 49 50 51 52
Kridaperdana Indahgraha Tbk Matahari Putra Prima Tbk Panin Life Tbk Multistrada Arah Sarana Tbk
53 Summarecon Agung Tbk 54 Abdi Bangsa Tbk 55 AGIS Tbk Ancora Indonesia Resources 56 Tbk Asuransi Harta Aman Pratama 57 Tbk
2006 Sep 22 - 28, 2006 Jul 7 - 13, 2006 Jul 13 - 19, 2006 Dec 7 - 12, 2007 Jul 13 - Agus 13, 2007
√ √ √ √ √ √
Sep 12 - 18, 2007 May 1 - 7, 2007 May 2-8, 2007 Jun 19 - 25, 2007 Jun 14-22, 2007 Agus 13-20, 2007 May 8-15, 2007 Dec 6 - 12, 2007 Jul 12-18, 2007 Jul 11 - 17, 2007 Jul 11 - 20, 2007 May 16 - 24, 2007 Jul 13-Agus24, 2007
√ √ √ √ √ √ √ √ √ √ √ √ √
Jun 12 - 19, 2007 Jan 3 - 18, 2007 Des 6 - 12, 2007 Dec 17, 7 - 17 Jan, 2008 Jan 11 - 30, 2007 Nov 14-20, 2007 Jan 5 - 11, 2007 Jun 22 - Jul 13, 2007 Jul 14-18, 2008 Mar 13 - 19, 2008
√ √ √ √ √ √ √ √ √ √
Okt 8 - 14, 2008 Dec 2-9, 2008
√
Universitas Sumatera Utara
Bakrie dan Brothers 58 Tbk*warrant 59 Bakrie Telecom Tbk Bank Artha Graha 60 Internasional tbk 61 Bank Swadesi Tbk Bank Victoria Internasional 62 Tbk Bintang Mitra Semestaraya 63 Tbk 64 Central Proteinaprima Tbk 65 Citra Kebun Raya Agri Tbk 66 Dayaindo Resources Intl Tbk 67 Duta Pertiwi Tbk 68 HD Capital Tbk 69 Indonesia Air Transport Tbk 70 Laguna Cipta Griya Tbk Leyand Internasional 71 Tbk*Warrant 72 Lippo E-Net Tbk 73 Mandom Indonesia Tbk 74 Mitra Rajasa Tbk 75 Ratu Prabu Energi Tbk Royal Oak Development Asia 76 Tbk Sinar Mas Multiartha 77 Tbk*Warrant 78 Surya Semesta Internusa Tbk 79 Tiga Pilar Sejahtera Food Tbk 80 United Tractors Tbk Ancora Indonesia Resources 81 Tbk 82 Bank Agroniaga Tbk 83 Bank Capital Indonesia, Tbk 84 Bank Danamon Indonesia, Tbk 85 Bank Kesawan, Tbk 86 Bank Tabungan Negara, Tbk Berlian Laju Tanker 87 Tbk*Warrant Excelcomindo Pratama Tbk* 88 warrant
Apr 2-5, 2008 Apr 2-15, 2008 Dec 16-22, 2008 Jul 9-15, 2008 Jul 11-25, 2008 Okt 7 - 17 Nov, 2008 Des 15-19, 2008 Jan 17 - 23, 2008 Apr 14-18, 2008 Jun 19-25, 2008 jan 15-21, 2008 Des 22-30, 2008 Jul 14-18, 2008 Apr 11-25, 2008 Dec 12-18, 2008 Jun 24-30, 2008 Nov 27 - 3 Des, 2008 Jul 14-18, 2008 Jan 17-23, 2008 Jul 1-7, 2008 Jul 11-17, 2008 May 14-21, 2008 Sep 2-8, 2008 Sep 11 - 30, 2009 Nov 23-30, 2009 Jul 9-15, 2009 Apr 17-15, 2009 Jul 13-17, 2009 Jul 14-25, 2009 Jul 15- Agus 4, 2009 Dec 1-7, 2009
√ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Universitas Sumatera Utara
89 90 91 92
Indoexchange Tbk Pacific Utama Tbk Pool Advista Indonesia Tbk Star Pacific, Tbk* warrant
Jun 1-5, 2009 Nov 13-25, 2009 Jul 14-21, 2009 Dec 12-18, 2009
√ √ √ √
Universitas Sumatera Utara
Lampiran 2 Daftar Perusahaan Jasa Non Bank Dan Sekuritas Melakukan Right Issue No KODE Nama 1 APEX Apexindo Pratama Duta Tbk 2 BNBR Bakrie dan Brothers Tbk 3 ELTY Bakrieland Development Tbk 4 IIKP Inti Kapuas Arowana Tbk 5 MLPI Multipolar Tbk 6 PLAS Palm Asia Corpora Tbk 7 PBRX Pan Brothers Tex Tbk 8 CTRA Ciputra Development Tbk 9 ENGR Energi Mega Persada Tbk 10 IIKP Inti Kapuas Arowana Tbk 11 12 13 14 15 16 17 18 19 20 21 22
JAKA TCID BKSL SULI TBLA ADES UNSP ELTY BRPT BUDI CPIN CITA
23 24 25 26 27 28 29 30 31 32
DSFI FPNI GJTL KPIG MPPA MASA SMRA TMPI OKAS BMSR
Jaka Inti Realtindo Tbk Mandom Indonesia Tbk Sentul City Tbk Sumalindo Lestari Jaya Tbk Tunas Baru Lampung Ades Waters Indonesia Tbk Bakrie Sumatera Plantation Tbk Bakrieland Development Tbk Barito Pasific Tbk Budi Acid Jaya Tbk Charoen Pokphand Indonesia Tbk Cipta Panelutama Tbk Dharma Samudera Fishing Industries Tbk Fatrapolindo Nusa Industri Tbk Gajah Tunggal Tbk Kridaperdana Indahgraha Tbk Matahari Putra Prima Tbk Multistrada Arah Sarana Tbk Summarecon Agung Tbk AGIS Tbk Ancora Indonesia Resources Tbk Bintang Mitra Semestaraya Tbk
Tanggal Right Issue Sep 20-26, 2006 May 16 - Jun 3, 2005 Dec 12 - 16, 2005 Apr 7 - 13, 2005 Jun 24 - Jul 7, 2005 Apr 7 - 13, 2005 Jul 14 - 20, 2005 Dec 1 - 7, 2006 Jan 6 - 20, 2006 Jan 9 - 21, 2006 Dec 11, 2006 - Jan 23, 2007 Feb 10 - 16, 2006 Sep 22 - 28, 2006 Jul 7 - 13, 2006 Jul 13 - 19, 2006 Dec 7 - 12, 2007 Sep 12 - 18, 2007 May 1 - 7, 2007 Dec 6 - 12, 2007 Jul 11 - 17, 2007 Jul 11 - 20, 2007 May 16 - 24, 2007 Jun 12 - 19, 2007 Jan 3 - 18, 2007 Des 6 - 12, 2007 Dec 17, 7 - 17 Jan, 2008 Jan 11 - 30, 2007 Jan 5 - 11, 2007 Jun 22 - Jul 13, 2007 Mar 13 - 19, 2008 Okt 8 - 14, 2008 Okt 7 - 17 Nov, 2008
Universitas Sumatera Utara
33 34 35 36 37 38 39 40 41 42 43 44 45
CPRO CKRA KARK DPNS IATA LCGP TCID MIRA ARTI SSIA AISA UNTR OKAS
Central Proteinaprima Tbk Citra Kebun Raya Agri Tbk Dayaindo Resources Intl Tbk Duta Pertiwi Tbk Indonesia Air Transport Tbk Laguna Cipta Griya Tbk Mandom Indonesia Tbk Mitra Rajasa Tbk Ratu Prabu Energi Tbk Surya Semesta Internusa Tbk Tiga Pilar Sejahtera Food Tbk United Tractors Tbk Ancora Indonesia Resources Tbk
Des 15-19, 2008 Jan 17 - 23, 2008 Apr 14-18, 2008 Jun 19-25, 2008 Des 22-30, 2008 Jul 14-18, 2008 Jun 24-30, 2008 Nov 27 - 3 Des, 2008 Jul 14-18, 2008 Jul 11-17, 2008 May 14-21, 2008 Sep 2-8, 2008 Sep 11 - 30, 2009
Universitas Sumatera Utara
Lampiran 3 Variabel-Variabel Penelitian 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
KODE RI APEX 2.7907 BNBR 2.0062 ELTY 2.1797 IIKP 2.0010 MLPI 2.1547 PLAS 2.7416 PBRX 2.5724 CTRA 2.8354 ENGR 2.8865 IIKP 2.0043 JAKA 2.1609 TCID 3.6035 BKSL 2.0031 SULI 2.9925 TBLA 2.1139 ADES 2.9831 UNSP 3.1191 ELTY 2.3367 BRPT 3.3785 BUDI 2.2863 CPIN 2.9803 CITA 2.1165 DSFI 2.0107 FPNI 2.5303 GJTL 2.7145 KPIG 2.6981 MPPA 2.8016 MASA 2.3133 SMRA 3.1479 TMPI 2.2885 OKAS 2.2153 BMSR 2.6581 CPRO 1.8000
car 0.3932 0.3566 -0.6087 2.5649 -0.9631 -0.2024 -0.2364 1.2567 -0.8133 1.9925 2.4471 0.2250 -0.6683 1.2216 -0.3529 -0.8631 0.8714 1.4744 2.8542 0.4792 2.0512 0.8441 -0.4808 -0.0114 -0.6760 1.3949 -0.6583 -0.5208 0.4792 -0.3264 0.0497 1.0484 -0.3634
DCAit 0.0492 0.0828 0.1002 -0.0565 -0.0879 -0.1711 0.1618 0.0314 0.4873 0.0993 0.0142 0.1598 0.0453 0.0488 0.0406 -0.2943 0.0595 0.1132 0.0586 0.2151 0.1400 -0.2421 0.1699 -0.1029 -0.0356 0.0743 0.0472 0.0239 0.0694 0.0509 0.1139 -0.0248 0.0116
DLAit -0.9634 -0.9293 -1.3061 -0.8842 -0.3333 -1.1717 0.3136 -1.4907 0.1217 -0.8550 -1.2642 -0.7788 -1.3069 -1.0060 -1.3455 -2.6677 -0.7838 -0.7780 -1.8014 -0.7873 -0.4816 -0.2834 -1.1414 -0.5987 -1.0676 -2.3482 -1.0768 -0.8403 -0.9025 -2.4358 0.6766 -1.6826 -0.8505
ABN_ CFO 0.4117 0.4530 0.3188 -1.4707 0.5154 -0.0761 -0.3107 0.4540 1.0415 -0.1850 0.0633 -1.0758 0.1891 0.0656 0.3118 -0.3957 0.3345 -0.2675 0.3015 -0.0550 -0.5770 0.4615 -0.4008 -0.0521 0.2350 -0.1971 0.0783 0.2839 0.4138 0.1816 -1.0364 -0.2467 0.1696
ABN_ ABN_ Prod Disep -0.0608 0.1098 -0.0418 0.2618 0.6032 -0.0676 0.4288 0.2644 -0.1940 0.6912 0.0601 -0.0247 0.6274 -0.1307 -0.1099 -0.3693 0.0010 0.3979 -0.1453 0.4350 -0.0740 -0.0377 -0.6783 -0.3738 0.1538 -0.1039 0.1380 0.0398 -0.0283 -0.3556 0.0523 -1.6483 -0.1644 0.2721 0.2508 0.4644 1.1019 0.3071 0.0914 0.2967 0.3213 0.2638 -0.4887 0.3875 0.2373 0.0041 0.0852 0.2954 -0.0147 -0.1023 -0.5710 -1.1199 -0.0998 -0.2782 0.0621 0.2527 -0.2136 0.2221 0.0754 -1.3583 0.7540 1.3508 0.0238 -0.6599 0.0370 0.1209
Universitas Sumatera Utara
34 35 36 37 38 39 40 41 42 43 44 45
CKRA KARK DPNS IATA LCGP TCID MIRA ARTI SSIA AISA UNTR OKAS
2.4060 2.4097 2.7644 2.0043 1.9542 3.7959 3.6453 2.7108 2.8215 2.7218 3.9574 2.7261
-0.2474 0.0950 0.8168 -0.3230 0.0123 0.7466 0.2756 -0.1206 -1.0414 -0.2684 0.0975 -0.6517 -0.0735 0.0875 -1.9979 0.1932 0.0799 -0.8299 2.4482 0.3666 0.8994 1.3535 0.0467 0.7409 -0.0823 0.0512 -0.7936 0.1058 0.0186 -0.9642 -0.0718 0.0558 -0.4245 2.0432 -0.1571 -0.6575
-1.1822 -1.2926 -0.3803 0.3023 -0.3726 -0.0623 0.7606 2.3349 0.1212 0.1769 0.2959 -0.0825
-0.7214 0.4630 0.0176 -0.0277 -0.1458 -0.2334 -0.0259 -1.6552 -0.0021 -0.0319 0.1685 -0.0333
0.6947 1.8420 -0.1139 0.4356 -0.6885 0.0535 0.3728 1.1379 0.2203 0.0705 0.4261 -0.0655
Universitas Sumatera Utara
Lampiran 5 Uji Regresi Dengan Variabel Dependend Penawaran Right Issue Hasil Uji Statistik F Penawaran Right Issue ANOVAb Model
Sum of Squares
1
Df
Mean Square
F
Sig.
Regression
2.418
6
.403
4.572
.000a
Residual
9.746
38
.256
12.164
44
Total
a. Predictors: (Constant), akrual diskresioner jangka pendek, akrual diskresioner jangka panjang, abnormal arus kas perusahaan, abnormal biaya produksi, dan abnormal diskresioner b. Dependent Variable: penawaran right issue
Coefficientsa Model
Unstandardized
Standardized
Collinearity
Coefficients
Coefficients
Statistics Toleranc
B 1
(Constant)
Std. Error
-8.035
4.888
dcait
-.197
.683
dlait
.300
abn_cfo
T
Beta
Sig.
e
VIF
-2.644
.000
-.050
-.289
.774
.701
1.426
.195
.465
1.540
.132
.231
4.330
-.075
.157
-.091
-.475
.637
.580
1.723
abn_prod
-.062
.222
-.050
-3.280
.031
.665
1.504
abn_disex
-.447
.247
-.517
-2.810
.008
.258
3.875
p
a. Dependent Variable: Penawaran Right Issue
Universitas Sumatera Utara
Lampiran 6 Uji Regresi Untuk Variabel Dependend Kinerja Jangka Perusahaan Right Issue Hasil Uji Statistik F Kinerja Jangka Panjang Perusahaan Right Issue ANOVAb Model 1
Sum of Squares Regression
Df
Mean Square
F
1.497
6
.250
Residual
46.787
38
1.231
Total
48.284
44
Sig.
4.203
.000a
a. Predictors: (Constant), akrual diskresioner jangka pendek, akrual diskresioner jangka panjang, abnormal arus kas perusahaan, abnormal biaya produksi, dan abnormal diskresioner b. Dependent Variable: kinerja jangka panjang perusahaan right issue
Coefficientsa Model
Unstandardized
Standardized
Collinearity
Coefficients
Coefficients
Statistics
B 1
(Constant)
Std. Error
4.589
10.710
dcait
.900
1.496
dlait
-.349
abn_cfo abn_prod abn_disexp
t
Beta
Sig.
Tolerance
VIF
6.428
.000
.115
6.602
.001
.701
1.426
.427
-.272
-4.817
.019
.231
4.330
.014
.344
.008
5.040
.008
.580
1.723
-.082
.487
-.033
-7.168
.000
.665
1.504
.537
.541
.312
7.993
.000
.258
3.875
a. Dependent Variable: Kinerja Jangka Panjang Perusahaan Right Issue
Universitas Sumatera Utara
Universitas Sumatera Utara