Lampiran 1 : Kriteria Populasi Penelitian Pada Negara Indonesia No.
Kode Perusahaan
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 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
ADES ADMG AISA AKKU AKPI AKRA ALDO ALMI ALTO AMFG APLI AMIN ARGO ARNA ASII AUTO BAT A BIMA BOLT BRAM BRNA BRPT BTON BUDI CEKA CINT CLPI CNTX CPIN CTBN DAJ K DLTA DOID DPNS DVLA ECII EKAD ERTX ESTI ETWA FAST FASW FPNI GDST GDYR GGRM GJTL HMSP ICBP IGAR IKAI IKBI IMPC INAF INAI INCI INDF INDR INDS INKP INTD INTP IPOL ISSP
Nama Perusahaan Akasha Wira International Tbk Tbk Polychem Indonesia Tbk Tiga Pilar Sejahtera Food Tbk Alam Karya Unggul Tbk Argha Karya Prima Ind. Tbk AKR Corporindo Tbk Alkindo Naratama Tbk Alumindo Light Metal Industry Tbk Tri Banyan Tirta Tbk Asahimas Flat Glass Tbk Asiaplast Industries Tbk PT. Ateliers Mecaniques D'indonesia Tbk Argo Pantes Tbk Arwana Citramulia Tbk Astra International Tbk Astra Otoparts Tbk Sepatu Bata Tbk Primarindo Asia Infrastructure Tbk PT Garuda Metalindo Tbk. Indo Kordsa Tbk Berlina Tbk Barito Pacific Tbk Betonjaya Manunggal Tbk PT Budi Starch & Sweetener Tbk. PT Wilmar Cahaya Indonesia Tbk. PT Chitose Internasional Tbk Colorpak Indonesia Tbk Centex Tbk Charoen Pokphand Indonesia Tbk Citra Tubindo Tbk PT Dwi Aneka Jaya Kemasindo Tbk. Delta Djakarta Tbk Delta Dunia Makmur Tbk Duta Pertiwi Nusantara Tbk Darya-Varia Laboratoria Tbk PT Electronic City Indonesia Tbk. Ekadharma International Tbk Eratex Djaja Tbk Ever Shine Textile Industry Tbk Eterindo Wahanatama Tbk Fast Food Indonesia Tbk Fajar Surya Wisesa Tbk PT Lotte Chemical Titan Tbk. Gunawan Dianjaya Steel Tbk Goodyear Indonesia Tbk Gudang Garam Tbk Gajah Tunggal Tbk HM Sampoerna Tbk Indofood CBP Sukses Makmur Tbk Champion Pacific Indonesia Tbk Intikeramik Alamasri Industri Tbk Sumi Indo Kabel Tbk PT Impack Pratama Industri Tbk Indofarma Tbk Indal Aluminium Industry Tbk Intanwijaya Internasional Tbk Indofood Sukses Makmur Tbk Indorama Synthetics Tbk Indospring Tbk Indah Kiat Pulp & Paper Tbk Inter-Delta Tbk Indocement Tunggal Prakarsa Tbk Indopoly Swakarsa Industry Tbk PT Steel Pipe Industry of Indonesia Tbk
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Krite ria 2 3 √ √ √ 1 √ √ √ 2 √ √ √ √ √ √ √ 3 √ 4 √ √ √ √ 1 √ 5 √ √ √ √ √ √ √ √ √ √ 2 √ √ √ 6 √ 7 √ √ √ √ √ √ √ √ √ √ √ 8 √ √ √ √ √ √ √ √ √ 9 √ √ √ √ √ √ √ √ √ √ √ 10 √ 11 √ √ √ 12 √ 13 √ 14 √ 15 √ √ √ 16 √ √ √ √ √ √ √ 17 √ √ 3 √ √ √ √ √ √ √ √ √ 18 √ √ √ √ √ √ √ √ √ √ √ √
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Universitas Sumatera Utara
Lanjutan lampiran 1 : Kriteria Populasi Penelitian Pada Negara Indonesia No. 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129
Kode Perusahaan ITMA JECC
JKSW JPFA JPRS KAEF KARW KBLI KBLM KBRI KDSI KIAS KICI KINO KLBF KRAS LION LMPI LMSH MAIN MBTO MERK MLBI MLIA MRAT MYOR MYTX PBRX PICO POLY PSDN PTSP PYFA RDTX RICY ROTI SCCO SIAP SIDO SIMA SIMM SIPD SKBM SKLT SMAR SMBR SMCB SMGR SMMA SMSM SOBI SPMA SRIL SRSN SSTM STAR STTP SULI TALF TBMS TCID TFCO TKGA TKIM TOTO
Nama Perusahaan SUMBER ENERGI ANDALAN Tbk Jembo Cable Company Tbk Jakarta Kyoei Steel Works Tbk JAPFA Comfeed Indonesia Tbk Jaya Pari Steel Tbk Kimia Farma (Persero) Tbk ICTSI JASA PRIMA Tbk KMI Wire and Cable Tbk Kabelindo Murni Tbk Kertas Basuki Rachmat Indonesia Tbk Kedawung Setia Industrial Tbk Keramika Indonesia Assosiasi Tbk Kedaung Indah Can Tbk PT Kino Indonesia Tbk Kalbe Farma Tbk Krakatau Steel (Persero) Tbk Lion Metal Works Tbk Langgeng Makmur Industri Tbk Lionmesh Prima Tbk Malindo Feedmill Tbk Martina Berto Tbk Merck Tbk Multi Bintang Indonesia Tbk Mulia Industrindo Tbk Mustika Ratu Tbk Mayora Indah Tbk APAC Citra Centertex Tbk Pan Brothers Tbk Pelangi Indah Canindo Tbk Asia Pacific Fibers Tbk Prasidha Aneka Niaga Tbk Pioneerindo Gourmet International Tbk Pyridam Farma Tbk Roda Vivatex Tbk Ricky Putra Globalindo Tbk Nippon Indosari Corpindo Tbk Supreme Cable Manufacturing Corporation Tbk Sekawan Intipratama Tbk PT Industri Jamu dan Farmasi Sido Muncul Tbk Siwani Makmur Tbk Surya Intrindo Makmur Tbk Sierad Produce Tbk Sekar Bumi Tbk Sekar Laut Tbk SMART Tbk PT Semen Baturaja (Persero) Tbk Holcim Indonesia Tbk Semen Indonesia (Persero) Tbk Sinar Mas Multiartha Tbk Selamat Sempurna Tbk Sorini Agro Asia Corporindo Tbk Suparma Tbk PT Sri Rejeki Isman Tbk Indo Acidatama Tbk Sunson Textile Manufacturer Tbk Star Petrcohem Tbk Siantar Top Tbk PT SLJ Global Tbk PT Tunas Alfin Tbk Tembaga Mulia Semanan Tbk Mandom Indonesia Tbk Tifico Fiber Indonesia Tbk PT Permata Prima Sakti Tbk. Pabrik Kertas Tjiwi Kimia Tbk Surya Toto Indonesia Tbk
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Krite ria 2 3 √ √ √ √ √ √ √ √ √ 19 √ √ √ √ √ √ √ √ √ 20 √ √ √ 21 √ 22 4 √ √ √ 23 √ √ √ 24 √ √ √ 25 √ 26 √ √ √ √ √ 27 √ 28 √ √ √ √ √ √ √ √ √ 29 √ 30 √ 31 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ 32 5 √ 33 √ √ √ √ √ 34 √ √ √ √ √ √ √ 35 √ √ 6 √ 36 √ √ √ √ √ 37 √ √ √ √ √ √ √ √ √ 38 √ √ √ 39 7 √ √ √ √
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Universitas Sumatera Utara
Lanjutan lampiran 1 : Kriteria Populasi Penelitian Pada Negara Indonesia No. 130 131 132 133 134 135 136 137 138 139 140
Kode Perusahaan TPIA TRIS TRST TSPC TURI ULTJ UNIC UNVR VOKS WIIM WTON
Nama Perusahaan Chandra Asri Petrochemical Tbk Trisula International Tbk Trias Sentosa Tbk Tempo Scan Pacific Tb Tunas Ridean Tbk Ultra Jaya Milk Industry Tbk Unggul Indah Cahaya Tbk Unilever Indonesia Tbk Voksel Electric Tbk Wismilak Inti Makmur Tbk Wijaya Karya Beton
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Universitas Sumatera Utara
Lampiran 2 : Kriteria Populasi Penelitian Pada Negara Malaysia 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 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
Nama Perusahaan A-Rank Berhad [S] Ablegroup Berhad [S] Abm Fujiya Berhad [S] Abric Berhad Acme Holdings Berhad [S] Acoustech Berhad [S] Advanced Packaging Technology (M) Bhd [S] Adventa Berhad [S] Ae Multi Holdings Berhad [S] Ajinomoto (Malaysia) Berhad [S] Ajiya Berhad [S] Aluminium Company Of Malaysia Berhad [S] Amalgamated Industrial Steel Berhad [S] Ancom Berhad Ann Joo Resources Berhad Anzo Holdings Berhad [S] Apb Resources Berhad [S] Apex Healthcare Berhad [S] Apm Automotive Holdings Berhad [S] Apollo Food Holdings Berhad [S] Asia Brands Berhad [S] Asia File Corporation Bhd [S] Asia Knight Berhad Astino Berhad [S] Atta Global Group Berhad [S] Aturmaju Resources Berhad [S] B.I.G. Industries Berhad [S] Bio Osmo Berhad [S] Boilermech Holdings Berhad [S] Bonia Corporation Berhad [S] Boon Koon Group Berhad [S] Boustead Heavy Industries Corporation Bhd [S] Box-Pak (Malaysia) Berhad [S] Bp Plastics Holding Bhd [S] Bright Packaging Industry Berhad British American Tobacco (Malaysia) Berhad Bsl Corporation Berhad [S] Btm Resources Berhad C.I. Holdings Berhad Cab Cakaran Corporation Berhad [S] Caely Holdings Bhd [S] Cahya Mata Sarawak Berhad [S] Cam Resources Berhad [S] Can-One Berhad [S] Carlsberg Brewery Malaysia Berhad Cb Industrial Product Holding Berhad [S] Cck Consolidated Holdings Berhad [S] Ccm Duopharma Biotech Berhad [S] Central Industrial Corporation Berhad [S] Century Bond Bhd Chee Wah Corporation Berhad [S] Chemical Company Of Malaysia Berhad [S] Chin Well Holdings Berhad [S] China Automobile Parts Holdings Limited China Ouhua Winery Holdings Limited China Stationery Limited Choo Bee Metal Industries Bhd [S] Classic Scenic Berhad [S] Cme Group Berhad [S] Cn Asia Corporation Bhd [S] Coastal Contracts Bhd [S] Cocoaland Holdings Berhad [S] Comfort Gloves Berhad [S] Comintel Corporation Bhd [S]
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Krite ria 2 3 √ √ 1 2 √ 1 √ 2 3 4 √ √ 5 √ √ √ √ √ 3 6 √ 4 7 8 √ √ 9 10 √ √ √ √ 11 12 √ √ √ 5 13 14 15 √ √ √ √ √ 6 √ 7 √ √ 16 √ √ 17 √ 8 18 √ 9 √ √ √ √ 19 20 21 √ √ 22 23 24 25 √ 10 √ √ 26 √ √ 27 28 29 30 31 32 33 34 35 √ 11 √ 12
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Universitas Sumatera Utara
Lanjutan lampiran 2 : Kriteria Populasi Penelitian Pada Negara Malaysia No 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128
Nama Perusahaan Computer Forms (Malaysia) Berhad [S] Concrete Engineering Products Berhad [S] Csc Steel Holdings Berhad [S] Cyl Corporation Berhad [S] Cymao Holdings Berhad [S] D.B.E. Gurney Resources Berhad [S] Daibochi Plastic And Packaging Industry Berhad [S] Degem Berhad [S] Denko Industrial Corporation Berhad [S] D'nonce Technology Bhd Dolomite Corporation Berhad Dominant Enterprise Berhad [S] Drb-Hicom Berhad [S] Dufu Technology Corp. Berhad [S] Dutch Lady Milk Industries Berhad [S] Eg Industries Berhad [S] Eka Noodles Berhad [S] Ekowood International Berhad [S] Eksons Corporation Berhad [S] Emico Holdings Berhad [S] Eng Kah Corporation Berhad [S] Eonmetall Group Berhad [S] Ep Manufacturing Bhd [S] Euro Holdings Berhad [S] Eurospan Holdings Berhad [S] Evergreen Fibreboard Berhad [S] Facb Industries Incorporated Berhad Farm's Best Berhad [S] Favelle Favco Berhad [S] Fcw Holdings Berhad [S] Federal Furniture Holdings (M) Berhad [S] Fibon Berhad Fima Corporation Berhad [S] Focus Lumber Berhad Formosa Prosonic Industries Berhad [S] Fraser & Neave Holdings Bhd [S] Ge-Shen Corporation Berhad [S] Globaltec Formation Berhad [S] Goh Ban Huat Berhad Golden Pharos Berhad [S] Goldis Berhad Goodway Integrated Industries Berhad Gpa Holdings Berhad [S] Greenyield Berhad [S] Guan Chong Berhad Guh Holdings Berhad [S] Guinness Anchor Berhad Halex Holdings Berhad [S] Hartalega Holdings Berhad [S] Hb Global Limited Heveaboard Berhad [S] Hexza Corporation Berhad Hiap Teck Venture Berhad [S] Hibiscus Petroleum Berhad Hil Industries Berhad [S] Ho Wah Genting Berhad [S] Hock Heng Stone Industries Bhd [S] Homeritz Corporation Berhad [S] Hong Leong Industries Berhad Hovid Berhad [S] Huat Lai Resources Berhad Hume Industries Berhad [S] Hup Seng Industries Berhad [S] Hwa Tai Industries Berhad [S]
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Krite ria 2 3 √ 13 √ 14 36 √ √ 37 38 39 40 √ 15 √ 16 41 √ √ 42 43 √ √ √ √ 44 45 √ √ √ 17 46 47 48 49 √ 18 50 √ √ 51 52 √ √ 53 √ √ √ √ 54 55 √ √ 56 √ 19 57 58 59 60 √ 20 √ √ 61 62 √ √ 63 √ √ 64 65 √ √ √ 21 √ √ 66 67 68 √ √ √ √ √ √ 69 √ 22 70 71
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Universitas Sumatera Utara
Lanjutan lampiran 2 : Kriteria Populasi Penelitian Pada Negara Malaysia No 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193
Nama Perusahaan Imaspro Corporation Berhad [S] Iq Group Holdings Berhad [S] Ire-Tex Corporation Berhad [S] Jadi Imaging Holdings Berhad [S] Jasa Kita Berhad Java Berhad [S] Jaya Tiasa Holdings Bhd [S] Jaycorp Berhad [S] Jerasia Capital Berhad [S] Jmr Conglomeration Berhad [S] Johore Tin Berhad [S] K-Star Sports Limited [S] K.Seng Seng Corporation Berhad [S] Karex Berhad Karyon Industries Berhad [S] Kawan Food Berhad [S] Keck Seng (Malaysia) Berhad Kein Hing International Berhad [S] Khee San Berhad [S] Khind Holdings Berhad [S] Kia Lim Berhad [S] Kian Joo Can Factory Berhad [S] Kim Hin Industry Berhad [S] Kinsteel Bhd Kkb Engineering Berhad [S] Knm Group Berhad [S] Kobay Technology Berhad [S] Komarkcorp Berhad [S] Kossan Rubber Industries Berhad [S] Kotra Industries Berhad [S] Kuantan Flour Mills Bhd [S] Kumpulan H & L High-Tech Berhad [S] Kumpulan Powernet Berhad [S] Kym Holdings Berhad [S] Lafarge Malaysia Berhad [S] Latitude Tree Holdings Berhad [S] Lay Hong Berhad [S] Lb Aluminium Berhad [S] Lcth Corporation Berhad Leader Steel Holdings Berhad Lee Swee Kiat Group Berhad [S] Len Cheong Holding Berhad [S] Leon Fuat Berhad Leweko Resources Berhad [S] Lii Hen Industries Bhd. [S] Lion Corporation Berhad Lion Diversified Holdings Berhad Lion Industries Corporation Berhad [S] London Biscuits Berhad [S] Ltkm Berhad [S] Luster Industries Bhd. [S] Lysaght Galvanized Steel Berhad [S] Magni- Tech Industries Berhad [S] Malayan Flour Mills Berhad Malaysia Packaging Industry Berhad Malaysia Smelting Corporation Berhad Malaysia Steel Works (Kl) Bhd [S] Master-Pack Group Berhad [S] Maxwell International Holdings Berhad Melewar Industrial Group Berhad Mercury Industries Berhad [S] Metrod Holdings Berhad Mieco Chipboard Berhad [S] Minetech Resources Berhad [S] Minho (M) Berhad [S]
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Krite ria 2 3 √ √ √ √ 72 73 √ √ 74 √ √ √ √ √ √ √ √ 75 76 77 78 79 80 81 √ √ √ √ 82 83 √ √ 84 85 86 87 √ √ √ 23 88 √ √ √ 24 89 90 √ 25 91 √ √ √ 26 √ √ 92 93 94 95 96 √ 27 97 √ √ √ 28 √ 29 √ √ √ √ 98 99 √ √ 100 101 102 103 104 105 √ 30 106 107 108 109 110
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Universitas Sumatera Utara
Lanjutan lampiran 2 : Kriteria Populasi Penelitian Pada Negara Malaysia No
Nama Perusahaan
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Mintye Industries Bhd [S] Ml Global Berhad Msm Malaysia Holdings Berhad [S] Muar Ban Lee Group Berhad [S] Muda Holdings Berhad [S] Multi Sports Holdings Ltd [S] Multi-Code Electronics Industries (M) Bhd [S] Mwe Holdings Berhad Mycron Steel Berhad [S] Nakamichi Corporation Berhad Nestle (Malaysia) Berhad [S] New Hoong Fatt Holdings Berhad [S] Ni Hsin Resources Berhad [S] Ntpm Holdings Berhad [S] Nwp Holdings Berhad [S] Nylex (Malaysia) Berhad [S] O&C Resources Berhad [S] Oka Corporation Bhd [S] Oriental Food Industries Holdings Berhad [S] Oriental Holdings Berhad Ornapaper Berhad [S] P.A. Resources Berhad [S] Padini Holdings Berhad [S] Panasonic Manufacturing Malaysia Berhad Paos Holdings Berhad [S] Paragon Union Berhad [S] Pccs Group Berhad [S] Pelikan International Corporation Berhad [S] Pensonic Holdings Berhad Petronas Chemicals Group Berhad [S] Petronas Gas Berhad [S] Poh Huat Resources Holdings Berhad [S] Poh Kong Holdings Berhad [S] Power Root Berhad [S] Ppb Group Berhad [S] Premier Nalfin Berhad Prestar Resources Berhad [S] Prg Holdings Berhad [S] Prolexus Berhad [S] Public Packages Holdings Bhd [S] Pwf Consolidated Berhad [S] Ql Resources Berhad [S] Ralco Corporation Berhad [S] Rapid Synergy Berhad Resintech Berhad [S] Rex Industry Berhad [S] Rubberex Corporation (M) Berhad [S] Sam Engineering & Equipment (M) Berhad [S] Sapura Industrial Berhad [S] Sarawak Cable Berhad [S] Sarawak Consolidated Industries Berhad [S] Sasbadi Holdings Berhad [S] Saudee Group Berhad [S] Scanwolf Corporation Berhad [S] Scgm Bhd [S] Scientex Berhad [S] Scomi Engineering Bhd Seacera Group Berhad [S] Sern Kou Resources Berhad [S] Shell Refining Company (Federation Of Malaya) Berhad Shh Resources Holdings Berhad [S] Sig Gases Berhad [S] Signature International Berhad [S] Sino Hua-An International Berhad [S]
253 254 255 256 257
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Krite ria 2 √ 111 112 113 114 115 √ 116 √ 117 √ 118 119 √ √ √ √ √ √ 120 121 √ √ √ √ 122 √ 123 √ √ 124 √ √ √ 125 126 127 128 √ 129 130 √ 131 132 √ 133 134 √ √ 135 136 137 138 √ √ √ √ 139 √
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Universitas Sumatera Utara
Lanjutan lampiran 2 : Kriteria Populasi Penelitian Pada Negara Malaysia No 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308 309 310 311 312 313 314 315 316 317 318 319 320
Nama Perusahaan Sinotop Holdings Berhad [S] Skb Shutters Corporation Berhad [S] Skp Resources Bhd [S] Slp Resources Berhad [S] Smis Corporation Berhad [S] Southern Steel Berhad Spring Gallery Berhad [S] Spritzer Bhd [S] Stone Master Corporation Berhad [S] Subur Tiasa Holdings Berhad [S] Success Transformer Corporation Berhad [S] Superlon Holdings Berhad [S] Supermax Corporation Berhad [S] Sws Capital Berhad [S] Syf Resources Berhad [S] Ta Win Holdings Berhad Tafi Industries Berhad [S] Tan Chong Motor Holdings Berhad Tas Offshore Berhad [S] Tatt Giap Group Berhad Teck Guan Perdana Berhad [S] Tecnic Group Berhad [S] Tek Seng Holdings Berhad [S] Teo Guan Lee Corporation Berhad [S] Teo Seng Capital Berhad [S] Thong Guan Industries Berhad [S] Three-A Resources Berhad [S] Tien Wah Press Holdings Berhad Timberwell Berhad [S] Tomei Consolidated Berhad Tomypak Holdings Berhad [S] Tong Herr Resources Berhad [S] Top Glove Corporation Bhd [S] Toyo Ink Group Berhad [S] Tpc Plus Berhad United U-Li Corporation Berhad [S] Upa Corporation Bhd [S] V.S. Industry Berhad [S] Versatile Creative Berhad [S] Wah Seong Corporation Berhad [S] Wang-Zheng Berhad Watta Holding Berhad [S] Weida (M) Bhd [S] Wellcall Holdings Berhad [S] White Horse Berhad [S] Wong Engineering Corporation Berhad [S] Woodlandor Holdings Bhd [S] Wtk Holdings Berhad [S] Wz Satu Berhad [S] Xian Leng Holdings Berhad [S] Xidelang Holdings Ltd Xingquan International Sports Holdings Limited Y.S.P.Southeast Asia Holding Berhad [S] Yee Lee Corporation Bhd [S] Yen Global Berhad [S] Yi-Lai Berhad [S] Ykgi Holdings Berhad [S] Yli Holdings Berhad [S] Yoong Onn Corporation Berhad [S] Zhulian Corporation Berhad [S] Umw Pan Malaysia Corporation Berhad Ytl Land & Development Berhad
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Krite ria 2 143 √ √ 144 145 √ 146 √ √ √ 147 √ 148 √ √ 149 150 151 √ 152 √ 153 154 √ 155 156 157 158 159 160 161 162 √ √ 163 164 165 √ 166 167 168 √ √ √ 169 √ 170 171 172 √ 173 √ 174 175 √ 176 177 178 √ 179 180 181 √
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Universitas Sumatera Utara
Lampiran 3 : Kriteria Populasi Penelitian Pada Negara Filipina 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 39 40 41 42 43
Nama Perusahaan Alliance Global Group, Inc. Alliance Select Foods International, Inc. Bogo Medelin Milling Company, Inc Central Azucarera de Tarlac, Inc Century Pacific Food, Inc Chemical Industries of the Philippines, Inc. Cirtek Holding Philippines Corporation Crown Asia Chemicals Corporation D&L Industries, Inc. Da Vinci Capital Holdings, Inc. Emperador Inc. Euro-Med Laboratories Phil., Inc. First Philippine Holdings Corporation Ginebra San Miguel, Inc. Greenergy Holdings Incorporated Holcim Philipphines, Inc Ionics, Inc. LBC Express Holdings, Inc. LMG Chemicals Corporation Liberty Flour Mills, Inc. Mabuhay Vinyl Corporation Metro Alliance Holdings & Equities Corp. PICOP Resources, Inc Panasonic Manufacturing Philipphine Corporation Pepsi-Cola Products Philippines, Inc. Philippine H2O Ventures Corp. Phoenix Semiconductor Philipphine Corp RFM Corporation Republic Cement & Building Materials, Inc. Roxas Holdings, Inc Roxas and Company, Inc San Miguel Pure Foods Company, Inc. Seafront Resources Corporation Splash Corporation Steniel Manufacturing Corporation Swift Foods, Inc. TKC Metals Corporation Universal Robina Corporations Victorias Milling Company, Inc Vitarich Corporation Vulcan Industrial & Mining Corporation Wellex Industries, Incorporated Zeus Holdings, Inc.
Kode Perusahaan AGI FOOD BMM CAT CNPF CIP TECH CROWN DNL DAVIN EMP EURO FPHPC GSMI GREEN HLCM ION LBC LMG LFM MVC MAH PCP PMPC PIP H2O PSPC RFM LRI ROX RCI PF SPM SPH STN SFI T URC VMC VITA VUL WIN
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Krite ria 2 3 √ √ √ 1 1 2 3 √ 2 4 5 √ √ 6 √ √ √ √ √ √ √ 3 7 8 9 10 11 √ √ √ √ √ 4 12 13 √ √ √ √ 14 √ √ 15 16 17 √ √ √ 5 √ √ √ √ 18 19 20 21 √ 6 √ 7 √ 8 √ 9
4 √
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3 4 5
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7 8
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11
Universitas Sumatera Utara
Lampiran 4 : Kriteria Populasi Penelitian Pada Negara Singapura 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 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
Nama Perusahaan JB Foods 3Cnergy AA Abterra Abundance Intl Acesian Partners ACH ADR US$ Advanced Systems AEI AEM AIM AliPictures HKD Allied Tech^ Amplefield Ltd^ AnnAik Annica Anwell Tech AP Oil Asia Fashion Asian Micro ASL Marine ASTI^ AVIC Aztech Baker Technology Biosensors BlueSkyPower BreadTalk Broadway Ind BRC Asia C&G Env Protect Cacola^ CDW Cedar Strategic Celestial Nutri Centurion CEI Contract Mfg CFM Changjiang Fert ChangtianPlastic Chemical Ind Cheung Woh Chew s China Auto Elec^ China Bearing China Env Res China Essence^ China Flexpack China Gaoxian^ China Haida^ China Hongcheng^ China Hongxing China Milk China Minzhong China Paper China Sky Chem China Sports^ China Star Food China Sun Bio China Sunsine China Taisan China Yongsheng ChinaKangdaFood^ ChinaKundaTech
Kode Perusahaan BEW 502 5GZ L5I 541 5FW K3HD 5TY AWG AWX AXH S91 A13 AOF A52 5AL G5X 5AU BQI 585 A04 575 O2I AVZ 568 B20 UQ7 5DA B69 BEC D79 D2U D38 530 C56 OU8 AVV 5EB JA9 AXV C05 C50 5SY T42 AD7 RS1 G54 BCX AZZ C92 C0Z BR9 G86 K2N C71 E90 FQ8 42W C86 CH8 AZW 5KK P74 GU5
1 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Krite ria 2 3
4
Sampel
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1
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1 √
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4
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5 6
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7
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8
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9 10
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Universitas Sumatera Utara
Lanjutan lampiran 4 : Kriteria Populasi Penelitian Pada Negara Singapura No 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128
Nama Perusahaan Chinese Global Combine Will Compact Metal^ CPH Creative Dapai Intl^ Datapulse Tech Del Monte Pac Delong Design Studio Dukang Dutech Dynamic Colours Eindec Elec & Eltek USD Elektromotive EnGro Envictus Enviro-Hub^ Equation Eratat Lifestyle ES Europtronic^ F&N Fabchem China Fibrechem Tech FibreChem NCPS Fischer Tech Food Empire Foreland FabriT^ Forise Intl^ Frencken Fu Yu^ Fuji Offset Fujian Zhenyun Full Apex Fung Choi Media Fuxing China G Invacom GDR DoosanInfraUS$ A GDR DoosanInfraUS$ R GDR Hanwha Chem US$ A GDR Hanwha Chem US$ R GDR OCI US$ A GDR OCI US$ R GDR Welspun US$ S GDR Youngone US$ S GDS Global GlobalYellowPgs GP Batteries GP Industries Grand Banks Green Build GSS Energy Halcyon Agri Hengxin Tech Hi-P Hong Leong Asia HTL Intl Hu An Cable HuanHsin^ ICP Ltd Indofood Agri InnoTek
Kode Perusahaan 5CJ N0Z T4E 539 C76 FP1 BKW D03 BQO D11 BKV CZ4 D6U 42Z E16 5VU S44 BQD L23 532 FO8 5RC E23 F99 BFT F12 DK2 BDV F03 B0I I5H E28 F13 508 5KT F18 F11 AWK QS9 TK4 TK3 U7Q U7R N9H N9I O5J RQ9 5VP AWS G08 G20 G50 Y06 41F 5VJ I85 H17 H22 H64 KI3 H16 5I4 5JS M14
1 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
Krite ria 2 √
3 11
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12 13
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15
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16 17
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18
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19 20
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21 22 23
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24
4
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6
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7
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8
Universitas Sumatera Utara
Lanjutan lampiran 4 : Kriteria Populasi Penelitian Pada Negara Singapura No 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193
Nama Perusahaan Innovalues Interplex IP Softcom IX Biopharma Jackspeed^ Japfa JASO ADR US$+ 8Telecom JEP JES Intl Jiutian Chemical Joyas Intl Jubilee Ind Kingboard Copper^ KLW Koda L-Jacoberg Lafe LANKom Elec^ Lereno Bio-Chem LH LHT Li Heng Chem Lion Asiapac LionGold Lorenzo Intl^ Lung Kee Bermuda Luxking Luzhou Bio-Chem^ Maruwa Yen1k Matex Intl^ Medtecs Intl Meghmani SDS Memstar Tech Memtech Intl Mencast Mercurius Metal Component Metech Intl Mewah Intl MFG Integration MFS Tech Micro-Mechanics Midas Miyoshi^ MSM Intl Mtq Multi-Chem Murata Yen1k Nam Cheong Nam Lee Metal Net Pacific Fin New Toyo Nippecraft^ Ocean Sky Intl Old Chang Kee Oriental Otto Marine P99 Pacific Andes PCI Petra Foods Pharmesis Intl Plastoform PNE Industries
Kode Perusahaan 591 M1P 571 42C J17 UD2 N6AD AZG 5FA EG0 C8R E9L 5OS K14 504 BJZ AWC AYB L22 42H BKB BEI AXZ BAZ A78 5IE L09 BKK L46 M12 M15 546 M30 5MS BOL 5NF 5RF 5DX QG1 MV4 M11 5BM 5DD 5EN M03 5QR M05 AWZ M20 N4E G0I 5QY N08 N32 O05 5ML 5FI BER 5UV P11 P19 P34 BFK AYD BDA
1 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
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3
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9
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26 27
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28
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29 30
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32
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33
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12 13
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Universitas Sumatera Utara
Lanjutan lampiran 4 : Kriteria Populasi Penelitian Pada Negara Singapura No 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258
Nama Perusahaan Polaris Powermatic Data PterisGlobal PTR ADR US$ QAF Qingmei QT Vascular Regal Intl Renewable Energy RH PetroGas Riverstone Samko Timber^ San Teh Santak Sapphire Sembcorp Marine Sen Yue Serrano Shanghai Turbo Shinvest SHI ADR US$ SingMyanmar Sinjia Land Sino Grandness Sino Techfibre Sinopipe Sinostar Pec^ Smartflex Southern Pkg Spindex Ind SPH Star Pharm Sunlight Sunmart Sunningdale Tech Sunpower Sunright Suntar Eco-City SunVic Chemical Super Group Swing Media Tech SYT ADR US$ Tai Sin Electric Tat Seng Pkg TCIL HK$ Techcomp Teckwah Texchem-Pack^ ThaiBev Tianjin ZX USD TM ADR US$ TPV Tech Transit Concrete TSL ADR US$+ TTJ UG Healthcare UMS United Food UPP USPGroup Valuetronics Vashion Venture Versalink VibroPower
Kode Perusahaan 5BI BCY UD3 K3OD Q01 KT9 5I0 UV1 5DW T13 AP4 E6R S46 580 BRD S51 5BS 40R AWM BJW K3DD Y45 5HH T4B AD8 X06 C9Q 5RE BQP 564 T39 AYL 5AI C2J BHQ 5GD S71 BKZ A7S S10 BEV PU9D 500 T12 T15 T43 561 AI1 Y92 T14 N6FD T18 570 K3KD K1Q 41A 558 AZR U09 BRS BN2 5BA V03 40N BJD
1 √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √ √
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37
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38
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Universitas Sumatera Utara
Lanjutan lampiran 4 : Kriteria Populasi Penelitian Pada Negara Singapura No 259 260 261 262 263 264 265 266 267 268 269 270
Nama Perusahaan Vicplas Intl^ Wilmar Intl World Precision Xinren Aluminium Xpress Yeo Hiap Seng Yongmao YZJ Shipbldg RMB YZJ Shipbldg SGD Zagro Asia Zhongxin Fruit Ziwo^
Kode Perusahaan 569 F34 B49 MN5 BQC Y03 BKX SO7 BS6 Z01 5EG I9T
1 √ √ √ √ √ √ √ √ √ √ √ √
Krite ria 2 √
3 40
4
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24
Universitas Sumatera Utara
Lampiran 5 : Kriteria Populasi Penelitian Pada Negara Thailand No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Kode Perusahaan BANPU BCP CBG CPF DELTA IRPC IVL PTT PTTEP PTTGC TASCO TOP TPIPL TTW TU
Nama Perusahaan Banpu Public Company Limited The Bangchak Petroleum Public Company Limited Carabao Group Public Company Limited Charoen Pokphand Foods Public Company Limited Delta Electronics (Thailand) Public Company Limited Irpc Public Company Limited Indorama Ventures Public Company Limited Ptt Public Company Limited Ptt Exploration And Production Public Company Limited Ptt Global Chemical Public Company Limited Tipco Asphalt Public Company Limited Thai Oil Public Company Limited Tpi Polene Public Company Limited Ttw Public Company Limited Thai Union Group Public Company Limited
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Sampel 1 2 3 4 5 6 7 8 9 10 11 12 13
Universitas Sumatera Utara
Lampiran 6: Kriteria Perusahaan menurut Classification System (NAICS) Kode
North
America
Industry
Keterangan Manufacturing T
31-33 311 3111 31111 311111 311119 3112 31121 311211 311212 311213 31122 311221 311224 311225 31123 311230 3113 31131 311313 311314 31134 311340 31135 311351 311352 3114 31141 311411 311412 31142 311421 311422 311423 3115 31151 311511 311512 311513 311514 31152 311520 3116 31161 311611 311612 311613 311615 3117 31171 311710 3118 31181 311811 311812 311813 31182 311821 311824 31183 311830 3119 31191 311911 311919 31192 311920 31193 311930 31194 311941
Food ManufacturingT Animal Food ManufacturingT Animal Food ManufacturingT Dog and Cat Food Manufacturing Other Animal Food Manufacturing Grain and Oilseed MillingT Flour Milling and Malt ManufacturingT Flour Milling Rice Milling Malt Manufacturing Starch and Vegetable Fats and Oils ManufacturingT Wet Corn Milling Soybean and Other Oilseed Processing Fats and Oils Refining and Blending Breakfast Cereal ManufacturingT Breakfast Cereal Manufacturing Sugar and Confectionery Product ManufacturingT Sugar ManufacturingT Beet Sugar Manufacturing Cane Sugar Manufacturing Nonchocolate Confectionery ManufacturingT Nonchocolate Confectionery Manufacturing Chocolate and Confectionery ManufacturingT Chocolate and Confectionery Manufacturing from Cacao Beans Confectionery Manufacturing from Purchased Chocolate Fruit and Vegetable Preserving and Specialty Food ManufacturingT Frozen Food ManufacturingT Frozen Fruit, Juice, and Vegetable Manufacturing Frozen Specialty Food Manufacturing Fruit and Vegetable Canning, Pickling, and DryingT Fruit and Vegetable Canning Specialty Canning Dried and Dehydrated Food Manufacturing Dairy Product ManufacturingT Dairy Product (except Frozen) ManufacturingT Fluid Milk Manufacturing Creamery Butter Manufacturing Cheese Manufacturing Dry, Condensed, and Evaporated Dairy Product Manufacturing Ice Cream and Frozen Dessert ManufacturingT Ice Cream and Frozen Dessert Manufacturing Animal Slaughtering and ProcessingT Animal Slaughtering and ProcessingT Animal (except Poultry) Slaughtering Meat Processed from Carcasses Rendering and Meat Byproduct Processing Poultry Processing Seafood Product Preparation and PackagingT Seafood Product Preparation and PackagingT Seafood Product Preparation and Packaging Bakeries and Tortilla ManufacturingT Bread and Bakery Product ManufacturingT Retail Bakeries Commercial Bakeries Frozen Cakes, Pies, and Other Pastries Manufacturing Cookie, Cracker, and Pasta ManufacturingT Cookie and Cracker Manufacturing Dry Pasta, Dough, and Flour Mixes Manufacturing from Purchased Flour Tortilla ManufacturingT Tortilla Manufacturing Other Food ManufacturingT Snack Food ManufacturingT Roasted Nuts and Peanut Butter Manufacturing Other Snack Food Manufacturing Coffee and Tea ManufacturingT Coffee and Tea Manufacturing Flavoring Syrup and Concentrate ManufacturingT Flavoring Syrup and Concentrate Manufacturing Seasoning and Dressing ManufacturingT Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 311942 31199 311991 311999
312 3121 31211 312111 312112 312113 31212 312120 31213 312130 31214 312140 3122 31223 312230 313 3131 31311 313110 3132 31321 313210 31322 313220 31323 313230 31324 313240 3133 31331 313310 31332 313320 314 3141 31411 314110 31412 314120 3149 31491 314910 31499 314994 314999 315 3151 31511 315110 31519 315190 3152 31521 315210 31522 315220 31524 315240 31528 315280 3159 31599 315990 316 3161 31611 316110 3162
Spice and Extract Manufacturing All Other Food ManufacturingT Perishable Prepared Food Manufacturing All Other Miscellaneous Food Manufacturing Beverage and Tobacco Product ManufacturingT Beverage ManufacturingT Soft Drink and Ice ManufacturingT Soft Drink Manufacturing Bottled Water Manufacturing Ice Manufacturing Breweries T Breweries Wineries T Wineries Distilleries T Distilleries Tobacco ManufacturingT Tobacco Manufacturing Tobacco Manufacturing Textile Mills T Fiber, Yarn, and Thread Mills T Fiber, Yarn, and Thread Mills T Fiber, Yarn, and Thread Mills Fabric Mills T Broadwoven Fabric Mills T Broadwoven Fabric Mills Narrow Fabric Mills and Schiffli Machine Embroidery T Narrow Fabric Mills and Schiffli Machine Embroidery Nonwoven Fabric Mills T Nonwoven Fabric Mills Knit Fabric Mills T Knit Fabric Mills Textile and Fabric Finishing and Fabric Coating Mills T Textile and Fabric Finishing Mills T Textile and Fabric Finishing Mills Fabric Coating Mills T Fabric Coating Mills Textile Product Mills T Textile Furnishings Mills T Carpet and Rug Mills T Carpet and Rug Mills Curtain and Linen Mills T Curtain and Linen Mills Other Textile Product Mills T Textile Bag and Canvas Mills T Textile Bag and Canvas Mills All Other Textile Product Mills T Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills All Other Miscellaneous Textile Product Mills Apparel ManufacturingT Apparel Knitting Mills T Hosiery and Sock Mills T Hosiery and Sock Mills Other Apparel Knitting Mills T Other Apparel Knitting Mills Cut and Sew Apparel ManufacturingT Cut and Sew Apparel Contractors Cut and Sew Apparel Contractors Men's and Boys' Cut and Sew Apparel Manufacturing Men's and Boys' Cut and Sew Apparel Manufacturing Women's, Girls', and Infants' Cut and Sew Apparel Manufacturing Women's, Girls', and Infants' Cut and Sew Apparel Manufacturing Other Cut and Sew Apparel Manufacturing Other Cut and Sew Apparel Manufacturing Apparel Accessories and Other Apparel ManufacturingT Apparel Accessories and Other Apparel ManufacturingT Apparel Accessories and Other Apparel Manufacturing Leather and Allied Product ManufacturingT Leather and Hide Tanning and FinishingT Leather and Hide Tanning and Finishing T Leather and Hide Tanning and Finishing Footwear ManufacturingT
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 31621 316210
3169 31699 316992 316998 321 3211 32111 321113 321114 3212 32121 321211 321212 321213 321214 321219 3219 32191 321911 321912 321918 32192 321920 32199 321991 321992 321999 322 3221 32211 322110 32212 322121 322122 32213 322130 3222 32221 322211 322212 322219 32222 322220 32223 322230 32229 322291 322299 323 3231 32311 323111 323113 323117 32312 323120 324 3241 32411 324110 32412 324121 324122 32419 324191 324199 325 3251 32511 325110
Footwear ManufacturingT Footwear Manufacturing Other Leather and Allied Product ManufacturingT Other Leather and Allied Product ManufacturingT Women's Handbag and Purse Manufacturing All Other Leather Good and Allied Product Manufacturing Wood Product ManufacturingT Sawmills and Wood PreservationT Sawmills and Wood PreservationT Sawmills Wood Preservation Veneer, Plywood, and Engineered Wood Product ManufacturingT Veneer, Plywood, and Engineered Wood Product ManufacturingT Hardwood Veneer and Plywood Manufacturing Softwood Veneer and Plywood Manufacturing Engineered Wood Member (except Truss) Manufacturing Truss Manufacturing Reconstituted Wood Product Manufacturing Other Wood Product ManufacturingT MillworkT Wood Window and Door Manufacturing Cut Stock, Resawing Lumber, and Planing Other Millwork (including Flooring) Wood Container and Pallet ManufacturingT Wood Container and Pallet Manufacturing All Other Wood Product ManufacturingT Manufactured Home (Mobile Home) Manufacturing Prefabricated Wood Building Manufacturing All Other Miscellaneous Wood Product Manufacturing Paper ManufacturingT Pulp, Paper, and Paperboard Mills T Pulp Mills T Pulp Mills Paper Mills T Paper (except Newsprint) Mills Newsprint Mills Paperboard Mills T Paperboard Mills Converted Paper Product ManufacturingT Paperboard Container ManufacturingT Corrugated and Solid Fiber Box Manufacturing Folding Paperboard Box Manufacturing Other Paperboard Container Manufacturing Paper Bag and Coated and Treated Paper ManufacturingT Paper Bag and Coated and Treated Paper Manufacturing Stationery Product ManufacturingT Stationery Product Manufacturing Other Converted Paper Product ManufacturingT Sanitary Paper Product Manufacturing All Other Converted Paper Product Manufacturing Printing and Related Support Activities T Printing and Related Support Activities T Printing T Commercial Printing (except Screen and Books) Commercial Screen Printing Books Printing Support Activities for PrintingT Support Activities for Printing Petroleum and Coal Products ManufacturingT Petroleum and Coal Products ManufacturingT Petroleum Refineries T Petroleum Refineries Asphalt Paving, Roofing, and Saturated Materials ManufacturingT Asphalt Paving Mixture and Block Manufacturing Asphalt Shingle and Coating Materials Manufacturing Other Petroleum and Coal Products ManufacturingT Petroleum Lubricating Oil and Grease Manufacturing All Other Petroleum and Coal Products Manufacturing Chemical ManufacturingT Basic Chemical ManufacturingT Petrochemical ManufacturingT Petrochemical Manufacturing
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 32512 325120 32513 325130 32518 325180 32519 325193 325194 325199
3252 32521 325211 325212 32522 325220 3253 32531 325311 325312 325314 32532 325320 3254 32541 325411 325412 325413 325414 3255 32551 325510 32552 325520 3256 32561 325611 325612 325613 32562 325620 3259 32591 325910 32592 325920 32599 325991 325992 325998 326 3261 32611 326111 326112 326113 32612 326121 326122 32613 326130 32614 326140 32615 326150 32616 326160 32619 326191 326199 3262 32621
Industrial Gas ManufacturingT Industrial Gas Manufacturing Synthetic Dye and Pigment ManufacturingT Synthetic Dye and Pigment Manufacturing Other Basic Inorganic Chemical ManufacturingT Other Basic Inorganic Chemical Manufacturing Other Basic Organic Chemical ManufacturingT Ethyl Alcohol Manufacturing Cyclic Crude, Intermediate, and Gum and Wood Chemical Manufacturing All Other Bas ic Organic Chemical Manufacturing Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments ManufacturingT Resin and Synthetic Rubber ManufacturingT Plastics Material and Resin Manufacturing Synthetic Rubber Manufacturing Artificial and Synthetic Fibers and Filaments ManufacturingT Artificial and Synthetic Fibers and Filaments Manufacturing Pesticide, Fertilizer, and Other Agricultural Chemical ManufacturingT Fertilizer ManufacturingT Nitrogenous Fertilizer Manufacturing Phosphatic Fertilizer Manufacturing Fertilizer (Mixing Only) Manufacturing Pesticide and Other Agricultural Chemical ManufacturingT Pesticide and Other Agricultural Chemical Manufacturing Pharmaceutical and Medicine ManufacturingT Pharmaceutical and Medicine ManufacturingT Medicinal and Botanical Manufacturing Pharmaceutical Preparation Manufacturing In-Vitro Diagnostic Substance Manufacturing Biological Product (except Diagnostic) Manufacturing Paint, Coating, and Adhesive ManufacturingT Paint and Coating Manufacturing T Paint and Coating Manufacturing Adhes ive ManufacturingT Adhes ive Manufacturing Soap, Cleaning Compound, and Toilet Preparation ManufacturingT Soap and Cleaning Compound ManufacturingT Soap and Other Detergent Manufacturing Polish and Other Sanitation Good Manufacturing Surface Active Agent Manufacturing Toilet Preparation ManufacturingT Toilet Preparation Manufacturing Other Chemical Product and Preparation ManufacturingT Printing Ink ManufacturingT Printing Ink Manufacturing Explos ives ManufacturingT Explos ives Manufacturing All Other Chemical Product and Preparation ManufacturingT Custom Compounding of Purchased Resins Photographic Film, Paper, Plate, and Chemical Manufacturing All Other Miscellaneous Chemical Product and Preparation Manufacturing Plastics and Rubber Products ManufacturingT Plastics Product ManufacturingT Plastics Packaging Materials and Unlaminated Film and Sheet ManufacturingT Plastics Bag and Pouch Manufacturing Plastics Packaging Film and Sheet (including Laminated) Manufacturing Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing Plastics Pipe, Pipe Fitting, and Unlaminated Profile Shape ManufacturingT Unlaminated Plastics Profile Shape Manufacturing Plastics Pipe and Pipe Fitting Manufacturing Laminated Plastics Plate, Sheet (except Packaging), and Shape ManufacturingT Laminated Plastics Plate, Sheet (except Packaging), and Shape Manufacturing Polystyrene Foam Product ManufacturingT Polystyrene Foam Product Manufacturing Urethane and Other Foam Product (except Polystyrene) ManufacturingT Urethane and Other Foam Product (except Polystyrene) Manufacturing Plastics Bottle ManufacturingT Plastics Bottle Manufacturing Other Plastics Product ManufacturingT Plastics Plumbing Fixture Manufacturing All Other Plastics Product Manufacturing Rubber Product ManufacturingT Tire ManufacturingT
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 326211 326212 32622 326220 32629 326291 326299
327 3271 32711 327110 32712 327120 3272 32721 327211 327212 327213 327215 3273 32731 327310 32732 327320 32733 327331 327332 32739 327390 3274 32741 327410 32742 327420 3279 32791 327910 32799 327991 327992 327993 327999 331 3311 33111 331110 3312 33121 331210 33122 331221 331222 3313 33131 331313 331314 331315 331318 3314 33141 331410 33142 331420 33149 331491 331492 3315 33151 331511 331512 331513
Tire Manufacturing (except Retreading) Tire Retreading Rubber and Plastics Hoses and Belting ManufacturingT Rubber and Plastics Hoses and Belting Manufacturing Other Rubber Product ManufacturingT Rubber Product Manufacturing for Mechanical Use All Other Rubber Product Manufacturing Nonmetallic Mineral Product ManufacturingT Clay Product and Refractory ManufacturingT Pottery, Ceramics, and Plumbing Fixture ManufacturingT Pottery, Ceramics, and Plumbing Fixture Manufacturing Clay Building Material and Refractories ManufacturingT Clay Building Material and Refractories Manufacturing Glass and Glass Product ManufacturingT Glass and Glass Product ManufacturingT Flat Glass Manufacturing Other Pressed and Blown Glass and Glassware Manufacturing Glass Container Manufacturing Glass Product Manufacturing Made of Purchased Glass Cement and Concrete Product ManufacturingT Cement ManufacturingT Cement Manufacturing Ready-Mix Concrete ManufacturingT Ready-Mix Concrete Manufacturing Concrete Pipe, Brick, and Block ManufacturingT Concrete Block and Brick Manufacturing Concrete Pipe Manufacturing Other Concrete Product ManufacturingT Other Concrete Product Manufacturing Lime and Gypsum Product ManufacturingT Lime ManufacturingT Lime Manufacturing Gypsum Product ManufacturingT Gypsum Product Manufacturing Other Nonmetallic Mineral Product ManufacturingT Abrasive Product ManufacturingT Abrasive Product Manufacturing All Other Nonmetallic Mineral Product ManufacturingT Cut Stone and Stone Product Manufacturing Ground or Treated Mineral and Earth Manufacturing Mineral Wool Manufacturing All Other Miscellaneous Nonmetallic Mineral Product Manufacturing Primary Metal ManufacturingT Iron and Steel Mills and Ferroalloy ManufacturingT Iron and Steel Mills and Ferroalloy ManufacturingT Iron and Steel Mills and Ferroalloy Manufacturing Steel Product Manufacturing from Purchased SteelT Iron and Steel Pipe and Tube Manufacturing from Purchased SteelT Iron and Steel Pipe and Tube Manufacturing from Purchased Steel Rolling and Drawing of Purchased SteelT Rolled Steel Shape Manufacturing Steel Wire Drawing Alumina and Aluminum Production and ProcessingT Alumina and Aluminum Production and ProcessingT Alumina Refining and Primary Aluminum Production Secondary Smelting and Alloying of Aluminum Aluminum Sheet, Plate, and Foil Manufacturing Other Aluminum Rolling, Drawing, and Extruding Nonferrous Metal (except Aluminum) Production and ProcessingT Nonferrous Metal (except Aluminum) Smelting and RefiningT Nonferrous Metal (except Aluminum) Smelting and Refining Copper Rolling, Drawing, Extruding, and Alloying T Copper Rolling, Drawing, Extruding, and Alloying Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, Extruding, and AlloyingT Nonferrous Metal (except Copper and Aluminum) Rolling, Drawing, and Extruding Secondary Smelting, Refining, and Alloying of Nonferrous Metal (except Copper and Aluminum) Foundries T Ferrous Metal Foundries T Iron Foundries Steel Investment Foundries Steel Foundries (except Investment)
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 33152 331523 331524 331529
332 3321 33211 332111 332112 332114 332117 332119 3322 33221 332215 332216 3323 33231 332311 332312 332313 33232 332321 332322 332323 3324 33241 332410 33242 332420 33243 332431 332439 3325 33251 332510 3326 33261 332613 332618 3327 33271 332710 33272 332721 332722 3328 33281 332811 332812 332813 3329 33291 332911 332912 332913 332919 33299 332991 332992 332993 332994 332996 332999 333 3331 33311 333111 333112 33312
Nonferrous Metal Foundries T Nonferrous Metal Die-Casting Foundries Aluminum Foundries (except Die-Casting) Other Nonferrous Metal Foundries (except Die-Casting) Fabricated Metal Product ManufacturingT Forging and StampingT Forging and StampingT Iron and Steel Forging Nonferrous Forging Custom Roll Forming Powder Metallurgy Part Manufacturing Metal Crown, Closure, and Other Metal Stamping (except Automotive) Cutlery and Handtool ManufacturingT Cutlery and Handtool Manufacturing T Metal Kitchen Cookware, Utensil, Cutlery, and Flatware (except Precious) Manufacturing Saw Blade and Handtool Manufacturing Architectural and Structural Metals ManufacturingT Plate Work and Fabricated Structural Product ManufacturingT Prefabricated Metal Building and Component Manufacturing Fabricated Structural Metal Manufacturing Plate Work Manufacturing Ornamental and Architectural Metal Products ManufacturingT Metal Window and Door Manufacturing Sheet Metal Work Manufacturing Ornamental and Architectural Metal Work Manufacturing Boiler, Tank, and Shipping Container ManufacturingT Power Boiler and Heat Exchanger ManufacturingT Power Boiler and Heat Exchanger Manufacturing Metal Tank (Heavy Gauge) ManufacturingT Metal Tank (Heavy Gauge) Manufacturing Metal Can, Box, and Other Metal Container (Light Gauge) ManufacturingT Metal Can Manufacturing Other Metal Container Manufacturing Hardware ManufacturingT Hardware ManufacturingT Hardware Manufacturing Spring and Wire Product ManufacturingT Spring and Wire Product ManufacturingT Spring Manufacturing Other Fabricated Wire Product Manufacturing Machine Shops; Turned Product; and Screw, Nut, and Bolt ManufacturingT Machine Shops T Machine Shops Turned Product and Screw, Nut, and Bolt ManufacturingT Precision Turned Product Manufacturing Bolt, Nut, Screw, Rivet, and Washer Manufacturing Coating, Engraving, Heat Treating, and Allied Activities T Coating, Engraving, Heat Treating, and Allied Activities T Metal Heat Treating Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers Electroplating, Plating, Polishing, Anodizing, and Coloring Other Fabricated Metal Product ManufacturingT Metal Valve ManufacturingT Industrial Valve Manufacturing Fluid Power Valve and Hose Fitting Manufacturing Plumbing Fixture Fitting and Trim Manufacturing Other Metal Valve and Pipe Fitting Manufacturing All Other Fabricated Metal Product ManufacturingT Ball and Roller Bearing Manufacturing Small Arms Ammunition Manufacturing Ammunition (except Small Arms) Manufacturing Small Arms, Ordnance, and Ordnance Accessories Manufacturing Fabricated Pipe and Pipe Fitting Manufacturing All Other Miscellaneous Fabricated Metal Product Manufacturing Machinery ManufacturingT Agriculture, Construction, and Mining Machinery ManufacturingT Agricultural Implement ManufacturingT Farm Machinery and Equipment Manufacturing Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing Construction Machinery ManufacturingT
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 333120 33313 333131 333132
3332 33324 333241 333242 333243 333244 333249 3333 33331 333314 333316 333318 3334 33341 333413 333414 333415 3335 33351 333511 333514 333515 333517 333519 3336 33361 333611 333612 333613 333618 3339 33391 333911 333912 333913 33392 333921 333922 333923 333924 33399 333991 333992 333993 333994 333995 333996 333997 333999 334 3341 33411 334111 334112 334118 3342 33421 334210 33422 334220 33429 334290 3343 33431 334310
Construction Machinery Manufacturing Mining and Oil and Gas Field Machinery ManufacturingT Mining Machinery and Equipment Manufacturing Oil and Gas Field Machinery and Equipment Manufacturing Industrial Machinery ManufacturingT Industrial Machinery ManufacturingT Food Product Machinery Manufacturing Semiconductor Machinery Manufacturing Sawmill, Woodworking, and Paper Machinery Manufacturing Printing Machinery and Equipment Manufacturing Other Industrial Machinery Manufacturing Commercial and Service Industry Machinery ManufacturingT Commercial and Service Industry Machinery ManufacturingT Optical Instrument and Lens Manufacturing Photographic and Photocopying Equipment Manufacturing Other Commercial and Service Industry Machinery Manufacturing Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment ManufacturingT Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment ManufacturingT Industrial and Commercial Fan and Blower and Air Purification Equipment Manufacturing Heating Equipment (except Warm Air Furnaces) Manufacturing Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment Manufacturing Metalworking Machinery ManufacturingT Metalworking Machinery ManufacturingT Industrial Mold Manufacturing Special Die and Tool, Die Set, Jig, and Fixture Manufacturing Cutting Tool and Machine Tool Accessory Manufacturing Machine Tool Manufacturing Rolling Mill and Other Metalworking Machinery Manufacturing Engine, Turbine, and Power Transmission Equipment ManufacturingT Engine, Turbine, and Power Transmission Equipment ManufacturingT Turbine and Turbine Generator Set Units Manufacturing Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing Mechanical Power Transmission Equipment Manufacturing Other Engine Equipment Manufacturing Other General Purpose Machinery ManufacturingT Pump and Compressor ManufacturingT Pump and Pumping Equipment Manufacturing Air and Gas Compressor Manufacturing Measuring and Dispensing Pump Manufacturing Material Handling Equipment ManufacturingT Elevator and Moving Stairway Manufacturing Conveyor and Conveying Equipment Manufacturing Overhead Traveling Crane, Hoist, and Monorail System Manufacturing Industrial Truck, Tractor, Trailer, and Stacker Machinery Manufacturing All Other General Purpose Machinery ManufacturingT Power-Driven Handtool Manufacturing Welding and Soldering Equipment Manufacturing Packaging Machinery Manufacturing Industrial Process Furnace and Oven Manufacturing Fluid Power Cylinder and Actuator Manufacturing Fluid Power Pump and Motor Manufacturing Scale and Balance Manufacturing All Other Miscellaneous General Purpose Machinery Manufacturing Computer and Electronic Product ManufacturingT Computer and Peripheral Equipment ManufacturingT Computer and Peripheral Equipment ManufacturingT Electronic Computer Manufacturing Computer Storage Device Manufacturing Computer Terminal and Other Computer Peripheral Equipment Manufacturing Communications Equipment ManufacturingT Telephone Apparatus ManufacturingT Telephone Apparatus Manufacturing Radio and Televis ion Broadcasting and Wireless Communications Equipment ManufacturingT Radio and Televis ion Broadcasting and Wireless Communications Equipment Manufacturing Other Communications Equipment ManufacturingT Other Communications Equipment Manufacturing Audio and Video Equipment ManufacturingT Audio and Video Equipment ManufacturingT Audio and Video Equipment Manufacturing
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan
3344 33441 334412 334413 334416 334417 334418 334419 3345 33451 334510 334511 334512 334513 334514 334515 334516 334517 334519 3346 33461 334613 334614 335 3351 33511 335110 33512 335121 335122 335129 3352 33521 335210 33522 335221 335222 335224 335228 3353 33531 335311 335312 335313 335314 3359 33591 335911 335912 33592 335921 335929 33593 335931 335932 33599 335991 335999 336 3361 33611 336111 336112 33612 336120 3362 33621 336211 336212
Semiconductor and Other Electronic Component ManufacturingT Semiconductor and Other Electronic Component ManufacturingT Bare Printed Circuit Board Manufacturing Semiconductor and Related Device Manufacturing Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing Electronic Connector Manufacturing Printed Circuit Assembly (Electronic Assembly) Manufacturing Other Electronic Component Manufacturing Navigational, Measuring, Electromedical, and Control Instruments ManufacturingT Navigational, Measuring, Electromedical, and Control Instruments ManufacturingT Electromedical and Electrotherapeutic Apparatus Manufacturing Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables Totalizing Fluid Meter and Counting Device Manufacturing Instrument Manufacturing for Measuring and Testing Electricity and Electrical Signals Analytical Laboratory Instrument Manufacturing Irradiation Apparatus Manufacturing Other Measuring and Controlling Device Manufacturing Manufacturing and Reproducing Magnetic and Optical MediaT Manufacturing and Reproducing Magnetic and Optical MediaT Blank Magnetic and Optical Recording Media Manufacturing Software and Other Prerecorded Compact Disc, Tape, and Record Reproducing Electrical Equipment, Appliance, and Component ManufacturingT Electric Lighting Equipment ManufacturingT Electric Lamp Bulb and Part ManufacturingT Electric Lamp Bulb and Part Manufacturing Lighting Fixture ManufacturingT Residential Electric Lighting Fixture Manufacturing Commercial, Industrial, and Institutional Electric Lighting Fixture Manufacturing Other Lighting Equipment Manufacturing Household Appliance ManufacturingT Small Electrical Appliance ManufacturingT Small Electrical Appliance Manufacturing Major Appliance ManufacturingT Household Cooking Appliance Manufacturing Household Refrigerator and Home Freezer Manufacturing Household Laundry Equipment Manufacturing Other Major Household Appliance Manufacturing Electrical Equipment ManufacturingT Electrical Equipment ManufacturingT Power, Distribution, and Specialty Transformer Manufacturing Motor and Generator Manufacturing Switchgear and Switchboard Apparatus Manufacturing Relay and Industrial Control Manufacturing Other Electrical Equipment and Component ManufacturingT Battery ManufacturingT Storage Battery Manufacturing Primary Battery Manufacturing Communication and Energy Wire and Cable ManufacturingT Fiber Optic Cable Manufacturing Other Communication and Energy Wire Manufacturing Wiring Device ManufacturingT Current-Carrying Wiring Device Manufacturing Noncurrent-Carrying Wiring Device Manufacturing All Other Electrical Equipment and Component ManufacturingT Carbon and Graphite Product Manufacturing All Other Miscellaneous Electrical Equipment and Component Manufacturing Transportation Equipment ManufacturingT Motor Vehicle ManufacturingT Automobile and Light Duty Motor Vehicle ManufacturingT Automobile Manufacturing Light Truck and Utility Vehicle Manufacturing Heavy Duty Truck ManufacturingT Heavy Duty Truck Manufacturing Motor Vehicle Body and Trailer ManufacturingT Motor Vehicle Body and Trailer ManufacturingT Motor Vehicle Body Manufacturing Truck Trailer Manufacturing
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) Kode
Keterangan 336213 336214
3363 33631 336310 33632 336320 33633 336330 33634 336340 33635 336350 33636 336360 33637 336370 33639 336390 3364 33641 336411 336412 336413 336414 336415 336419 3365 3365 33651 336510 3366 33661 336611 336612 3369 33699 336991 336992 336999 337 3371 33711 337110 33712 337121 337122 337124 337125 337127 3372 33721 337211 337212 337214 337215 3379 33791 337910 33792 337920 339 3391 33911 339112 339113 339114 339115 339116 3399 33991 339910
Motor Home Manufacturing Travel Trailer and Camper Manufacturing Motor Vehicle Parts ManufacturingT Motor Vehicle Gasoline Engine and Engine Parts ManufacturingT Motor Vehicle Gasoline Engine and Engine Parts Manufacturing Motor Vehicle Electrical and Electronic Equipment ManufacturingT Motor Vehicle Electrical and Electronic Equipment Manufacturing Motor Vehicle Steering and Suspension Components (except Spring) ManufacturingT Motor Vehicle Steering and Suspension Components (except Spring) Manufacturing Motor Vehicle Brake System ManufacturingT Motor Vehicle Brake System Manufacturing Motor Vehicle Transmission and Power Train Parts ManufacturingT Motor Vehicle Transmission and Power Train Parts Manufacturing Motor Vehicle Seating and Interior Trim ManufacturingT Motor Vehicle Seating and Interior Trim Manufacturing Motor Vehicle Metal Stamping T Motor Vehicle Metal Stamping Other Motor Vehicle Parts ManufacturingT Other Motor Vehicle Parts Manufacturing Aerospace Product and Parts ManufacturingT Aerospace Product and Parts ManufacturingT Aircraft Manufacturing Aircraft Engine and Engine Parts Manufacturing Other Aircraft Parts and Auxiliary Equipment Manufacturing Guided Missile and Space Vehicle Manufacturing Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing Railroad Rolling Stock ManufacturingT Railroad Rolling Stock ManufacturingT Railroad Rolling Stock ManufacturingT Railroad Rolling Stock Manufacturing Ship and Boat BuildingT Ship and Boat BuildingT Ship Building and Repairing Boat Building Other Transportation Equipment ManufacturingT Other Transportation Equipment ManufacturingT Motorcycle, Bicycle, and Parts Manufacturing Military Armored Vehicle, Tank, and Tank Component Manufacturing All Other Transportation Equipment Manufacturing Furniture and Related Product ManufacturingT Household and Institutional Furniture and Kitchen Cabinet ManufacturingT Wood Kitchen Cabinet and Countertop ManufacturingT Wood Kitchen Cabinet and Countertop Manufacturing Household and Institutional Furniture ManufacturingT Upholstered Household Furniture Manufacturing Nonupholstered Wood Household Furniture Manufacturing Metal Household Furniture Manufacturing Household Furniture (except Wood and Metal) Manufacturing Institutional Furniture Manufacturing Office Furniture (including Fixtures) ManufacturingT Office Furniture (including Fixtures) ManufacturingT Wood Office Furniture Manufacturing Custom Architectural Woodwork and Millwork Manufacturing Office Furniture (except Wood) Manufacturing Showcase, Partition, Shelving, and Locker Manufacturing Other Furniture Related Product ManufacturingT Mattress ManufacturingT Mattress Manufacturing Blind and Shade ManufacturingT Blind and Shade Manufacturing Miscellaneous ManufacturingT Medical Equipment and Supplies ManufacturingT Medical Equipment and Supplies ManufacturingT Surgical and Medical Instrument Manufacturing Surgical Appliance and Supplies Manufacturing Dental Equipment and Supplies Manufacturing Ophthalmic Goods Manufacturing Dental Laboratories Other Miscellaneous ManufacturingT Jewelry and Silverware ManufacturingT Jewelry and Silverware Manufacturing
Universitas Sumatera Utara
Lanjutan lampiran 6 : Kriteria Perusahaan menurut North America Industry Classification System (NAICS) 33992 339920 33993 339930 33994 339940 33995 339950 33999 339991 339992 339993 339994 339995 339999
Sporting and Athletic Goods ManufacturingT Sporting and Athletic Goods Manufacturing Doll, Toy, and Game ManufacturingT Doll, Toy, and Game Manufacturing Office Supplies (except Paper) Office Supplies (except Paper) Manufacturing Sign ManufacturingT Sign Manufacturing All Other Miscellaneous ManufacturingT Gasket, Packing, and Sealing Device Manufacturing Musical Instrument Manufacturing Fastener, Button, Needle, and Pin Manufacturing Broom, Brush, and Mop Manufacturing Burial Casket Manufacturing All Other Miscellaneous Manufacturing
Universitas Sumatera Utara
Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
1
A-Rank Berhad [S]
Malaysia
2
Adventa Berhad [S]
Malaysia
3
Ajinomoto (Malaysia) Berhad [S]
Malaysia
4
Ajiya Berhad [S]
Malaysia
5
APB Resources Berhad [S]
Malaysia
6
Apollo Food Holdings Berhad [S]
Malaysia
7
Asia Brands Berhad [S]
Malaysia
8
Astino Berhad [S]
Malaysia
9
Boilermech Holdings Berhad [S]
Malaysia
10
Bonia Corporation Berhad [S]
Malaysia
11
Box-Pak (Malaysia) Berhad [S]
Malaysia
12
Bright Packaging Industry Berhad
Malaysia
13
CAB Cakaran Corporation Berhad [S]
Malaysia
14
Caely Holdings Bhd [S]
Malaysia
Profitabilitas
Asset Tangibility
0.05023 0.06038 0.05649 0.08632 0.04105 0.02309 0.06591 0.09104 0.08930 0.06280 0.03151 0.05855 0.04857 0.05522 0.08243 0.12519 0.12406 0.09089 0.03785 0.06696 0.00343 0.07890 0.06906 0.04709 0.13410 0.14483 0.17082 0.09649 0.09883 0.07640 0.04040 0.02520 0.02396 0.09360 0.01508 0.00604 0.03720 0.02873 0.03676 0.01770 0.06604 0.02757
0.48207 0.42948 0.36125 0.36495 0.40921 0.38247 0.34750 0.33516 0.31636 0.41134 0.42736 0.39625 0.37303 0.36102 0.34115 0.45016 0.42910 0.40247 0.04318 0.04890 0.05572 0.29015 0.28285 0.30001 0.23010 0.19720 0.33092 0.17110 0.18594 0.27574 0.48391 0.48174 0.41314 0.14761 0.62633 0.62502 0.48755 0.47656 0.46807 0.28799 0.23527 0.18752
Tingkat Pertumbuhan 0.09876 0.06939 0.02951 0.44231 0.07254 0.09210 0.03938 0.02003 -0.03351 0.07615 0.03649 -0.00310 0.02321 0.00379 0.01491 0.03600 0.02606 -0.08299 0.03339 -0.02317 -0.09188 -0.00026 0.02169 -0.11547 -0.99524 0.15261 0.06566 0.11320 0.17554 -0.03015 0.26370 0.02813 0.14491 0.21017 0.30675 0.06555 0.04611 0.07793 0.20692 0.06441 0.11988 0.08576
Ukuran Perusahaan 17.64817 17.72008 17.75004 17.24506 17.32037 17.41698 18.34133 18.36156 18.32860 18.65023 18.68740 18.68431 18.02030 18.02409 18.03912 18.20262 18.22902 18.14930 18.78586 18.76295 18.67505 18.64955 18.67147 18.56220 17.83251 17.99810 18.06601 18.85688 19.04991 19.02021 18.34454 18.37307 18.52962 16.95817 17.32452 17.39232 18.55286 18.63399 18.86583 17.18549 17.31319 17.40285
Non-Debt Tax Shield 0.03188 0.03305 0.02994 0.02873 0.01190 0.01227 0.04567 0.03311 0.03192 0.02145 0.02209 0.02191 0.02290 0.02272 0.02340 0.03688 0.03665 0.03897 0.00871 0.01710 0.01781 0.01842 0.01916 0.02075 0.00887 0.01159 0.01098 0.03988 0.03546 0.03372 0.02830 0.03894 0.04112 0.00785 0.00535 0.04258 0.02787 0.03313 0.03087 0.01722 0.01736 0.01257
Struktur Modal 0.93623 0.95121 1.05235 0.34989 0.37070 0.66374 0.20487 0.17530 0.19112 0.32625 0.33125 0.25816 0.20743 0.20897 0.15613 0.11335 0.10715 0.11125 1.39463 0.89661 0.95940 0.63434 0.57605 0.49903 1.24866 1.04431 0.74645 0.56257 0.70009 0.64447 1.08442 1.08017 1.29599 0.10622 0.04205 0.08777 1.21996 1.32993 1.48401 0.42195 0.45805 0.71590
Nilai Perusahaan 0.5030 0.5308 0.5197 0.2262 0.6130 0.4241 0.6130 0.6528 0.6781 0.1675 0.2278 0.1162 0.1011 0.1573 0.3262 0.7342 1.0581 0.9149 0.7581 0.9689 0.7386 0.1424 0.1515 0.1820 0.0257 0.1573 0.2145 0.2240 0.4230 1.2429 0.6455 0.6723 0.4990 0.9758 0.2453 0.0922 0.4562 0.5143 0.5535 0.0887 0.0654 -0.0021
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
15
Carlsberg Brewery Malaysia Berhad
Malaysia
16
Chin Well Holdings Berhad [S]
Malaysia
17
CYL Corporation Berhad [S]
Malaysia
18
Dutch Lady Milk Industries Berhad [S]
Malaysia
19
EG Industries Berhad [S]
Malaysia
20
Eksons Corporation Berhad [S]
Malaysia
21
FACB Industries Incorporated Berhad
Malaysia
22
FCW Holdings Berhad [S]
Malaysia
23
Fibon Berhad
Malaysia
24
Fima Corporation Berhad [S]
Malaysia
25
Fraser & Neave Holdings Bhd [S]
Malaysia
26
Greenyield Berhad [S]
Malaysia
27
Hartalega Holdings Berhad [S]
Malaysia
28
Hexza Corporation Berhad
Malaysia
Profitabilitas 0.31259 0.32790 0.33280 0.04871 0.08017 0.08658 0.03461 0.01233 0.04523 0.33441 0.26435 0.33847 0.00375 0.00397 0.04614 0.04454 0.04089 0.17096 0.04001 0.29742 0.02937 0.04916 0.01921 0.01764 0.14385 0.10854 0.09199 0.10995 0.12024 0.08460 0.10788 0.09153 0.09271 0.08332 0.10024 0.05564 0.24844 0.20979 0.14423 0.03570 0.03414 0.06101
Asset Tangibility 0.27634 0.23331 0.24517 0.29670 0.27880 0.28131 0.59899 0.62795 0.59407 0.18666 0.19930 0.21807 0.33296 0.26296 0.23291 0.24549 0.21554 0.17526 0.03428 0.02500 0.02470 0.04083 0.02877 0.01991 0.16250 0.16161 0.14017 0.06495 0.12390 0.14756 0.44113 0.36306 0.35247 0.28670 0.26296 0.26331 0.51692 0.57056 0.56371 0.26913 0.24859 0.22944
Tingkat Pertumbuhan 0.01548 0.07473 -0.11678 0.01530 -0.01150 -0.08895 -0.02687 0.00452 -0.07407 -0.00774 -0.02024 -0.11442 0.01476 0.32541 -0.12490 -0.03198 0.02490 0.00508 0.07987 0.13093 -0.09050 0.02361 0.21451 0.14439 0.07023 0.05200 -0.03810 -0.00369 0.03601 0.06157 -0.00659 0.12594 -0.04799 -0.01650 0.00344 0.08800 0.16749 0.13313 0.14760 -0.02632 -0.01445 -0.10484
Ukuran Perusahaan 19.04831 19.12598 19.01553 18.96494 18.95350 18.86829 17.21050 17.21503 17.14357 18.68094 18.66090 18.55257 18.59247 18.98612 18.86843 18.92356 18.94877 18.95387 17.93534 18.07566 17.98902 17.73350 17.97495 18.13089 16.18565 16.23904 16.20165 18.98961 19.02628 19.08983 20.44624 20.58084 20.53397 16.79855 16.80200 16.89411 19.50250 19.64536 19.80507 18.17301 18.15867 18.05897
Non-Debt Tax Shield 0.04137 0.03946 0.04962 0.03062 0.03129 0.03230 0.05692 0.05637 0.05037 0.06804 0.06662 0.08466 0.04763 0.03820 0.04409 0.02420 0.02092 0.01834 0.01619 0.00269 0.00259 0.00728 0.00385 0.00240 0.01358 0.01326 0.01310 0.03104 0.03298 0.03186 0.03658 0.03097 0.03082 0.03758 0.03779 0.02691 0.03395 0.04067 0.03148 0.02274 0.02167 0.01774
Struktur Modal 1.10032 0.99790 0.93166 0.35624 0.26646 0.27491 0.24535 0.25316 0.23317 1.19928 1.10876 1.64933 2.29214 3.67705 3.41761 0.21202 0.23266 0.19186 0.15760 0.05776 0.05631 0.06659 0.15869 0.25086 0.05237 0.04788 0.05234 0.15028 0.16164 0.27169 0.85444 1.47472 1.64074 0.13790 0.14697 0.38494 0.22980 0.17857 0.14700 0.08942 0.13263 0.13088
Nilai Perusahaan 5.3860 4.8763 5.0541 0.6062 0.5915 0.6557 0.4218 0.5095 0.5276 6.2094 6.6667 6.3232 0.3146 0.4985 0.4769 0.0088 0.2696 0.1195 0.0216 -0.2042 -0.2944 0.5089 0.3780 0.4534 0.1221 0.7013 0.2511 -0.1469 -0.0733 -0.0053 2.8995 2.6190 2.3828 0.8796 1.0304 1.5404 1.7280 2.2953 1.7380 0.1518 0.2184 0.2080
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
29
Homeritz Corporation Berhad [S]
Malaysia
30
Hong Leong Industries Berhad
Malaysia
31
Hovid Berhad [S]
Malaysia
32
Imaspro Corporation Berhad [S]
Malaysia
33
IQ Group Holdings Berhad [S]
Malaysia
34
Jasa Kita Berhad
Malaysia
35
Jaya Tiasa Holdings Bhd [S]
Malaysia
36
Jaycorp Berhad [S]
Malaysia
37
Jerasia Capital Berhad [S]
Malaysia
38
JMR Conglomeration Berhad [S]
Malaysia
39
Kein Hing International Berhad [S]
Malaysia
40
Khee San Berhad [S]
Malaysia
41
Kian Joo Can Factory Berhad [S]
42
Kobay Technology Berhad [S]
Malaysia
Malaysia
0.17284 0.20937 0.20871 0.08044 0.08433 0.07823 0.09153 0.08037 0.08299 0.06720 0.07859 0.07763 0.00531 0.07976 0.13374 0.06731 0.03712 0.04923 0.00752 0.01846 0.01116 0.03736 0.05291 0.04469 0.03895 0.01676 0.04443 0.05111 0.05233 0.00687 0.00113 0.01692 0.02966 0.02404 0.02225 0.01697
Asset Tangibility 0.32299 0.28480 0.26146 0.17427 0.15828 0.13706 0.49873 0.43219 0.51185 0.17161 0.20525 0.18118 0.13527 0.11362 0.10308 0.17888 0.15983 0.10524 0.29712 0.32410 0.37549 0.37557 0.34978 0.39804 0.21856 0.19853 0.19010 0.15064 0.12199 0.14137 0.57799 0.54594 0.51801 0.78375 0.83992 0.70199
Tingkat Pertumbuhan 0.09116 0.08317 -0.05315 0.07452 -0.01437 0.02989 0.02963 -0.00714 -0.01087 0.01785 0.01582 -0.00845 0.03909 0.12288 0.01504 0.00587 0.05963 -0.08030 0.08044 -0.00771 -0.09004 0.00072 0.02318 -0.02350 0.02051 0.06024 0.03020 -0.01803 0.14819 -0.11577 -0.00827 0.01407 0.02816 0.08225 0.13514 0.07465
Ukuran Perusahaan 17.29884 17.38567 17.33388 20.43491 20.42064 20.45098 18.06659 18.05948 18.04867 17.37182 17.38776 17.37935 17.42355 17.55466 17.56982 17.16528 17.22676 17.14953 20.64958 20.64190 20.55568 17.90197 17.92543 17.90221 17.84701 17.90914 17.93981 17.31924 17.47964 17.37009 17.64915 17.66332 17.69188 17.77792 17.92310 18.00069
Non-Debt Tax Shield 0.02295 0.02132 0.02069 0.02092 0.02183 0.02044 0.02624 0.02651 0.02377 0.01502 0.01411 0.01259 0.05896 0.04933 0.03639 0.00826 0.00707 0.00633 0.02994 0.02857 0.03187 0.03013 0.03123 0.03420 0.03715 0.03397 0.03916 0.00611 0.00477 0.00498 0.07196 0.07232 0.06479 0.02172 0.02297 0.02497
Struktur Modal 0.18956 0.14996 0.20691 1.01955 0.75405 1.14792 0.39792 0.37046 0.35288 0.07317 0.05747 0.08296 0.39407 0.41521 0.29281 0.03485 0.10328 0.09583 0.72089 0.71631 0.73922 0.39764 0.41303 0.43687 0.49963 0.58802 0.68253 0.11688 0.28569 0.32647 0.60008 0.61090 0.74020 0.75235 0.81266 0.74701
Nilai Perusahaan 0.5421 0.5330 1.3790 0.7714 1.0427 0.7926 0.7970 1.0807 1.0637 0.0995 0.2853 0.2194 0.0827 0.2630 0.5040 0.2140 0.2233 0.2318 0.9387 1.0453 0.9732 0.2478 0.3609 0.4374 0.3213 0.2246 0.1599 0.4239 0.6647 0.9470 0.3553 0.3127 0.3846 0.4580 0.5348 0.3762
0.08097 0.07275 0.00670 0.00311 0.06386 0.05726
0.45329 0.48535 0.44977 0.36072 0.35067 0.32356
0.08153 0.08391 0.05955 -0.00223 0.03191 -0.07748
19.98820 20.07585 20.13724 17.82346 17.85590 17.78127
0.02950 0.02941 0.03276 0.03145 0.02938 0.02809
0.38737 0.41753 0.47707 0.46163 0.32776 0.39974
0.5942 0.8392 0.6714 0.2579 0.1790 0.3676
Profitabilitas
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
43
Kotra Industries Berhad [S]
Malaysia
44
Latitude Tree Holdings Berhad [S]
Malaysia
45
LB Aluminium Berhad [S]
Malaysia
46
London Biscuits Berhad [S]
Malaysia
47
LTKM Berhad [S]
Malaysia
48
Magni- Tech Industries Berhad [S]
Malaysia
49
Nestle (Malaysia) Berhad [S]
Malaysia
50
NTPM Holdings Berhad [S]
Malaysia
51
Nylex (Malaysia) Berhad [S]
Malaysia
52
Oka Corporation Bhd [S]
Malaysia
53
Oriental Food Industries Holdings Berhad [S]
Malaysia
54
Padini Holdings Berhad [S]
Malaysia
55
Panasonic Manufacturing Malaysia Berhad
Malaysia
56
Paos Holdings Berhad [S]
Malaysia
Profitabilitas 0.01400 0.02079 0.00361 0.07115 0.13535 0.13139 0.04452 0.05569 0.02890 0.02207 0.02344 0.02202 0.05064 0.12768 0.17775 0.13190 0.13750 0.15482 0.26892 0.23895 0.23740 0.09454 0.09271 0.06474 0.01202 0.01168 0.00832 0.04100 0.09262 0.09730 0.07484 0.08830 0.10554 0.16667 0.15981 0.13309 0.09184 0.09720 0.11020 0.04752 0.04271 0.01592
Asset Tangibility 0.61121 0.62305 0.55411 0.45846 0.41908 0.38805 0.56044 0.52749 0.51092 0.75720 0.77412 0.69321 0.39747 0.38772 0.36183 0.22680 0.20323 0.17234 0.50100 0.56170 0.55052 0.52615 0.52471 0.56357 0.11213 0.09745 0.14792 0.46332 0.44880 0.41519 0.54310 0.50326 0.49638 0.17231 0.19110 0.20424 0.08719 0.08128 0.06184 0.41973 0.38657 0.41036
Tingkat Pertumbuhan -0.01004 0.00826 -0.03437 0.04832 0.02851 0.10843 -0.00221 0.01433 0.02964 0.07059 0.05145 0.00142 0.09682 0.12545 0.04726 0.08573 0.08707 -0.01083 0.05804 0.07022 -0.03407 0.07799 0.08335 0.01401 0.10885 0.02328 -0.09362 0.02377 0.01775 -0.04979 0.04220 0.04074 -0.00607 0.02160 0.07662 -0.05435 0.03641 -0.00865 -0.02797 -0.00726 0.01698 -0.09492
Ukuran Perusahaan 18.22968 18.23797 18.20418 18.76648 18.79540 18.91018 18.59953 18.61396 18.64405 19.18337 19.23619 19.23761 17.89710 18.03115 18.07956 18.26093 18.35203 18.34126 20.30069 20.37350 20.33999 18.90963 18.99666 19.01076 19.02646 19.05002 18.96053 17.58658 17.60449 17.55590 17.80226 17.84385 17.83780 18.89538 18.97509 18.92216 19.36280 19.35418 19.32660 17.29310 17.31022 17.21954
Non-Debt Tax Shield 0.04151 0.04224 0.04221 0.03723 0.03735 0.03200 0.05040 0.04165 0.03626 0.01370 0.02660 0.02559 0.04647 0.03988 0.03014 0.02014 0.01822 0.01713 0.05217 0.04872 0.05057 0.04562 0.04509 0.03982 0.01143 0.00995 0.00917 0.03932 0.04135 0.03996 0.03646 0.03726 0.03745 0.04330 0.04154 0.05079 0.03268 0.03269 0.02816 0.03120 0.02976 0.02882
Struktur Modal 1.43845 1.28626 1.41489 0.62972 0.54566 0.45349 0.58413 0.53079 0.70408 0.88151 0.75163 0.69860 0.29829 0.27701 0.17241 0.31262 0.29875 0.23604 1.55833 1.96382 2.51163 0.67436 0.70759 0.82784 1.56542 1.03553 1.00729 0.41884 0.31665 0.26344 0.28716 0.26740 0.26882 0.37644 0.46748 0.48600 0.22377 0.25308 0.25717 0.08744 0.08200 0.09593
Nilai Perusahaan 0.7417 0.7660 0.9320 0.2399 0.4514 0.5658 0.2992 0.3903 0.4195 0.4324 0.4142 0.2947 0.1222 0.1789 0.1322 0.1168 0.2521 0.2878 7.4325 7.3586 6.9291 1.0776 1.6444 1.2855 0.2302 0.1361 0.1650 0.1061 0.0983 0.4095 0.0271 0.0670 0.0505 -0.0196 0.1248 -0.0127 0.7699 1.0013 0.6791 0.1338 0.1019 0.0896
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
57
Pensonic Holdings Berhad
Malaysia
58
Petronas Chemicals Group Berhad [S]
Malaysia
59
Poh Huat Resources Holdings Berhad [S]
Malaysia
60
Poh Kong Holdings Berhad [S]
Malaysia
61
Power Root Berhad [S]
Malaysia
62
Prolexus Berhad [S]
Malaysia
63
QL Resources Berhad [S]
Malaysia
64
Resintech Berhad [S]
Malaysia
65
Sam Engineering & Equipment (M) Berhad [S]
Malaysia
66
Sapura Industrial Berhad [S]
Malaysia
67
SCGM BHD [S]
Malaysia
68
Scientex Berhad [S]
Malaysia
69
SHH Resources Holdings Berhad [S]
Malaysia
70
Signature International Berhad [S]
Malaysia
Profitabilitas 0.01425 0.01063 0.06573 0.12636 0.09577 0.10025 0.06044 0.08392 0.11170 0.04450 0.01673 0.01798 0.12382 0.12431 0.14102 0.14926 0.13876 0.12507 0.06848 0.07439 0.07579 0.02089 0.03549 0.03362 0.05128 0.06648 0.07295 0.06649 0.09309 0.03502 0.10673 0.13552 0.17055 0.08745 0.10819 0.09885 0.01733 0.08984 0.06457 0.02631 0.08695 0.13227
Asset Tangibility 0.26188 0.31840 0.37072 0.47762 0.50083 0.53829 0.40788 0.39776 0.34784 0.15623 0.14608 0.13834 0.26312 0.23634 0.24419 0.35513 0.38673 0.35174 0.47831 0.46536 0.47940 0.56153 0.48658 0.54842 0.29913 0.24137 0.19517 0.48750 0.44884 0.39646 0.47692 0.37718 0.47597 0.38197 0.39425 0.39198 0.50568 0.45458 0.40017 0.03832 0.20660 0.18772
Tingkat Pertumbuhan 0.00237 -0.00632 -0.07318 0.03473 0.00108 -0.03128 0.00555 -0.00542 0.09529 0.07206 0.01642 -0.10325 0.15402 0.08484 -0.08522 0.18709 0.21361 0.12809 0.14101 0.08132 0.03135 -0.01593 0.00431 0.10408 0.10490 0.06293 -0.00215 0.04266 0.03855 0.05702 0.00942 0.11163 -0.04508 0.35049 0.05818 0.04601 0.04812 0.00118 -0.00405 0.08452 0.12542 0.04293
Ukuran Perusahaan 18.17791 18.17161 18.10099 22.88668 22.88776 22.85696 18.27056 18.26516 18.36529 19.29409 19.31065 19.21239 18.30852 18.39717 18.31539 17.40114 17.64144 17.77850 20.26154 20.34636 20.37821 17.56591 17.57023 17.68014 18.62065 18.68565 18.68350 17.85694 17.89625 17.95496 16.95314 17.07151 17.02742 19.81596 19.87590 19.92300 17.14809 17.14927 17.14523 17.91371 18.04772 18.09160
Non-Debt Tax Shield 0.01843 0.01894 0.01827 0.04017 0.04272 0.09201 0.02696 0.02637 0.02060 0.01317 0.01305 0.01221 0.02148 0.01979 0.01661 0.02522 0.02578 0.03743 0.03280 0.03489 0.03425 0.04557 0.03951 0.03302 0.03907 0.04079 0.03539 0.07967 0.08541 0.05445 0.05660 0.05452 0.05433 0.02452 0.02824 0.02673 0.02893 0.02667 0.02262 0.02631 0.01158 0.01077
Struktur Modal 1.55651 1.67371 1.44808 0.18564 0.16285 0.15957 0.73885 0.62191 0.61426 0.72502 0.77267 0.61438 0.38313 0.43500 0.39810 0.41516 0.48495 0.52284 1.09301 0.66575 0.72414 0.56889 0.52745 0.42613 0.31145 0.29541 0.26205 1.12237 0.92876 0.52456 0.21512 0.15530 0.23066 0.98319 0.90418 0.63210 0.33469 0.21991 0.26336 0.81617 0.82025 0.76226
Nilai Perusahaan 0.4003 0.5091 0.4125 1.5681 1.6433 1.1927 0.1281 0.2279 0.4011 0.5918 0.5991 0.5169 0.9848 1.7009 1.1408 0.0801 0.4193 0.5308 1.7154 1.7680 1.2987 0.3511 0.4127 0.2877 0.2597 0.1538 0.1455 1.1074 0.5682 0.4557 0.1632 0.2432 0.9235 0.7444 1.0862 1.0344 0.1323 0.1114 0.2127 -0.0375 0.2449 0.2301
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
71
SKP Resources Bhd [S]
Malaysia
72
Spritzer Bhd [S]
Malaysia
73
Subur Tiasa Holdings Berhad [S]
Malaysia
74
Superlon Holdings Berhad [S]
Malaysia
75
SWS Capital Berhad [S]
Malaysia
76
SYF Resources Berhad [S]
Malaysia
77
Tas Offshore Berhad [S]
Malaysia
78
Teo Guan Lee Corporation Berhad [S]
Malaysia
79
Top Glove Corporation Bhd [S]
Malaysia
80
Toyo Ink Group Berhad [S]
Malaysia
81
V.S. Industry Berhad [S]
Malaysia
82
Weida (M) Bhd [S]
Malaysia
83
Wellcall Holdings Berhad [S]
Malaysia
84
Xingquan International Sports Holdings Limited
Malaysia
Profitabilitas 0.14736 0.09678 0.07495 0.06769 0.07130 0.07316 0.01498 0.03126 0.00201 0.06169 0.08014 0.09629 0.02812 0.04346 0.01034 0.04654 0.07041 0.05770 0.06066 0.08102 0.02580 0.07096 0.06460 0.03889 0.11450 0.09496 0.10461 0.00313 0.02311 0.00588 0.02846 0.03008 0.06761 0.02751 0.03659 0.03226 0.25165 0.27584 0.29662 0.16400 0.09708 0.12417
Asset Tangibility 0.25371 0.24297 0.28518 0.64056 0.65215 0.65467 0.45690 0.48818 0.48245 0.49322 0.45799 0.56100 0.39242 0.37792 0.38982 0.61889 0.56000 0.46224 0.11861 0.07381 0.05104 0.04282 0.03986 0.03292 0.52433 0.51482 0.38189 0.15389 0.13892 0.14834 0.43801 0.38720 0.35801 0.13212 0.14048 0.15913 0.28571 0.30619 0.45432 0.17665 0.13829 0.12411
Tingkat Pertumbuhan -0.01356 0.09174 0.40064 0.01106 0.03690 -0.08394 0.09238 0.10842 -0.08375 0.01042 0.03297 0.16284 -0.03192 -0.00750 -0.09881 0.04919 0.15248 0.19210 0.10918 0.35987 0.18348 0.02744 0.02969 -0.20518 0.06836 0.06049 0.19655 0.06075 0.13596 0.00990 0.37425 0.07200 0.06586 0.16236 -0.00799 -0.08814 0.00739 0.05833 0.14342 0.12336 0.09795 -0.00743
Ukuran Perusahaan 18.24879 18.34502 18.85691 18.30579 18.34339 18.26279 19.63602 19.75078 19.67035 16.88844 16.92197 17.09970 17.27227 17.26480 17.17057 18.19657 18.36201 18.57533 18.05829 18.50436 18.70706 17.40033 17.43047 17.24384 20.13592 20.19832 20.41715 17.85588 18.00202 18.01198 19.90377 19.97850 20.04663 19.08066 19.07271 18.98824 17.24248 17.30258 17.45739 20.03464 20.13772 20.13032
Non-Debt Tax Shield 0.03262 0.02724 0.01658 0.03729 0.03740 0.03901 0.07200 0.07785 0.08252 0.04528 0.04222 0.03320 0.02281 0.02337 0.02559 0.02484 0.02572 0.02026 0.00643 0.00435 0.00359 0.01742 0.01611 0.01975 0.04536 0.04737 0.03675 0.01305 0.01139 0.01250 0.02327 0.03969 0.03399 0.02142 0.04088 0.03521 0.03497 0.03482 0.03114 0.01986 0.01465 0.01249
Struktur Modal 0.34967 0.37667 2.71453 0.70116 0.66659 0.44627 0.61635 0.75057 0.89134 0.23478 0.23611 0.21872 0.61061 0.52464 0.55432 0.54913 0.64464 0.76370 0.45698 1.03392 1.54190 0.57135 0.55352 0.40578 0.30459 0.38325 0.66498 1.57778 0.70822 0.92385 1.35301 1.42077 0.89427 0.72245 0.75207 0.65181 0.17900 0.23702 0.43421 0.07101 0.05329 0.05009
Nilai Perusahaan 0.8129 0.5506 1.2054 0.6303 0.9376 0.9710 0.6616 0.6493 0.6810 0.3009 0.4578 0.3955 0.3907 0.5649 1.1497 0.7084 0.5521 0.6822 -0.0198 0.4668 0.3048 0.6087 0.5845 0.5302 0.8421 0.7765 0.4676 0.9251 0.5989 0.6712 0.2492 0.2550 0.1320 0.0900 0.1219 0.0388 2.7246 4.2095 0.2630 -0.5740 -0.6433 -0.7364
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
85
Yoong Onn Corporation Berhad [S]
Malaysia
86
YTL Land & Development Berhad
Malaysia
87
Akasha Wira International Tbk Tbk
Indonesia
88
Tiga Pilar Sejahtera Food Tbk
Indonesia
89
Argha Karya Prima Ind. Tbk
Indonesia
90
AKR Corporindo Tbk
Indonesia
91
Asahimas Flat Glass Tbk
Indonesia
92
Asiaplast Industries Tbk
Indonesia
93
Arwana Citramulia Tbk
Indonesia
94
Astra International Tbk
Indonesia
95
Astra Otoparts Tbk
Indonesia
96
Sepatu Bata Tbk
Indonesia
97
Indo Kordsa Tbk
Indonesia
98
Betonjaya Manunggal Tbk
Indonesia
Profitabilitas 0.11437 0.10165 0.08645 0.01252 0.01211 0.00820 0.12619 0.06167 0.05027 0.06917 0.05125 0.04125 0.01661 0.01556 0.00959 0.04385 0.05560 0.07055 0.13032 0.11762 0.07994 0.00634 0.03197 0.00601 0.20897 0.20785 0.04977 0.10419 0.09376 0.06361 0.08474 0.07180 0.02250 0.06519 0.09194 0.16286 0.02319 0.05697 0.04308 0.14695 0.04232 0.03453
Asset Tangibility 0.21743 0.21761 0.20609 0.01304 0.01335 0.01240 0.32095 0.34053 0.43535 0.28723 0.24216 0.25278 0.47782 0.47630 0.58701 0.30104 0.30875 0.29782 0.41501 0.38793 0.42688 0.57951 0.54752 0.55443 0.62045 0.58432 0.61840 0.17693 0.17477 0.16991 0.25495 0.24880 0.24459 0.30870 0.31647 0.29518 0.53164 0.63331 0.59987 0.08456 0.07995 0.07186
Tingkat Pertumbuhan 0.09466 0.06975 -0.02588 0.05334 0.01480 -0.03524 -0.11197 0.10506 0.14612 0.02999 0.30440 0.09755 -0.03692 0.04470 0.14343 -0.05827 -0.00772 -0.05071 -0.10256 0.07884 -0.02475 -0.19366 0.00140 -0.08918 -0.03872 0.07859 0.02349 -0.07365 0.07468 -0.06642 0.10329 0.04106 -0.02760 -0.06314 0.10348 -0.08052 0.03668 0.17092 0.01205 -0.03841 -0.00939 -0.07848
Ukuran Perusahaan 17.84285 17.91515 17.88960 20.54510 20.56001 20.52537 17.40417 17.51516 17.67312 19.83731 20.20029 20.30294 18.95729 19.00302 19.15784 20.86465 20.85696 20.80750 19.49297 19.57508 19.55064 17.00734 17.00874 16.92332 18.35156 18.43341 18.45718 23.58868 23.66629 23.60199 20.74725 20.78918 20.76195 17.83808 17.94732 17.86987 19.29213 19.47958 19.49170 16.48622 16.47688 16.40133
Non-Debt Tax Shield 0.01742 0.01626 0.01582 0.00023 0.00026 0.00030 0.40326 0.40727 0.35986 0.01774 0.01468 0.01578 0.02610 0.02771 0.02431 0.01798 0.02179 0.02355 0.05065 0.05097 0.04962 0.05165 0.05004 0.05126 0.05197 0.05739 0.05292 0.03129 0.02882 0.02815 0.02412 0.02814 0.02872 0.03375 0.04497 0.04112 0.06026 0.03947 0.04391 0.00482 0.00632 0.00758
Struktur Modal 0.28346 0.28849 0.30022 1.62321 1.63072 1.70639 0.66579 0.72171 0.98930 1.13035 1.05633 1.28414 1.02892 1.15881 1.60313 1.93617 1.63566 1.46412 0.32215 0.27235 0.25959 0.36994 0.34979 0.39294 0.49330 0.38464 0.59912 1.01524 0.96383 0.93969 0.32452 0.31006 0.41364 0.72604 0.82071 0.45336 0.47473 0.82838 0.59530 0.26552 0.27313 0.22811
Nilai Perusahaan 0.2350 0.5480 0.4525 0.3468 0.2873 0.1799 4.3003 2.1367 1.3614 1.8052 1.9284 1.3412 0.4365 0.4645 0.5394 1.5406 1.5029 1.7434 0.8636 0.6472 0.5770 38.3917 34.9661 34.7467 4.9674 5.4858 3.0099 1.4897 1.3750 1.2389 1.5377 1.4711 0.8574 3.2881 1.9198 1.6956 0.5300 0.6746 0.7208 0.2423 0.1118 -0.0060
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
99
PT Budi Starch & Sweetener Tbk.
Indonesia
100
PT Wilmar Cahaya Indonesia Tbk.
Indonesia
101
Colorpak Indonesia Tbk
Indonesia
102
Charoen Pokphand Indonesia Tbk
Indonesia
103
Citra Tubindo Tbk
Indonesia
104
Delta Djakarta Tbk
Indonesia
105
Duta Pertiwi Nusantara Tbk
Indonesia
106
Darya-Varia Laboratoria Tbk
Indonesia
107
PT Electronic City Indonesia Tbk.
Indonesia
108
Ekadharma International Tbk
Indonesia
109
Eratex Djaja Tbk
Indonesia
110
Fast Food Indonesia Tbk
Indonesia
111
Gudang Garam Tbk
Indonesia
112
HM Sampoerna Tbk
Indonesia
Profitabilitas 0.01800 0.01152 0.00645 0.06083 0.03193 0.07171 0.03902 0.09199 0.05348 0.16102 0.08376 0.07496 0.13943 0.07738 0.02139 0.30996 0.28924 0.18496 0.26059 0.05403 0.03592 0.10526 0.06574 0.07840 0.10225 0.06125 0.01438 0.11422 0.09955 0.09606 0.01569 0.04783 0.10042 0.07706 0.07216 0.04545 0.08635 0.09329 0.10161 0.39477 0.35873 0.27264
Asset Tangibility 0.53373 0.59788 0.52430 0.20150 0.17253 0.14874 0.15370 0.16866 0.15024 0.40686 0.43462 0.45062 0.20121 0.19108 0.18157 0.10666 0.11389 0.10143 0.04577 0.04728 0.04490 0.20338 0.21514 0.18765 0.22144 0.26043 0.24337 0.28234 0.25586 0.19726 0.59109 0.55597 0.48122 0.16446 0.16717 0.16340 0.29128 0.32581 0.31661 0.17182 0.20858 0.16525
Tingkat Pertumbuhan -0.21648 0.01818 0.15896 -0.21108 0.14990 0.04159 0.07289 0.07040 0.06603 0.00886 0.23097 0.06372 0.02183 0.16889 0.13261 -0.07652 0.10706 -0.06526 0.09280 0.02683 -0.08633 -0.13349 0.01734 -0.00012 0.08464 0.02344 -0.01974 0.00041 0.14386 0.06763 0.02023 0.01833 0.12060 -0.10747 0.04289 -0.03794 -0.03054 0.11019 -0.01688 -0.20728 0.01451 0.17203
Ukuran Perusahaan 19.09104 19.10939 19.28251 18.29004 18.45245 18.49493 17.70713 17.78013 17.84843 20.97668 21.23931 21.30515 19.43020 19.61520 19.75747 18.08655 18.19979 18.13657 16.86170 16.88890 16.80609 18.40097 18.41846 18.41834 18.92701 18.95073 18.93118 17.15963 17.31495 17.38498 17.63862 17.65712 17.78563 18.92984 18.97368 18.93644 22.15007 22.26682 22.25008 21.53344 21.54806 21.73683
Non-Debt Tax Shield 0.05258 0.04254 0.03715 0.01705 0.01499 0.01371 0.01905 0.02071 0.02130 0.02112 0.02213 0.02777 0.02074 0.01891 0.01631 0.01960 0.01750 0.01827 0.00826 0.00797 0.00768 0.05858 0.02880 0.02811 0.01031 0.02067 0.02406 0.02595 0.02659 0.02348 0.02128 0.02280 0.02053 0.07973 0.05598 0.07736 0.02182 0.02564 0.02752 0.01805 0.01997 0.01723
Struktur Modal 1.69786 1.72516 1.95494 1.02475 1.38889 1.32199 1.26586 1.04190 1.05968 0.56982 0.89381 0.96514 0.83014 1.27408 1.06991 0.29652 0.31174 0.22210 0.14793 0.13917 0.13754 0.32857 0.31008 0.41372 0.19965 0.17594 0.17418 0.48638 0.53683 0.67725 3.62976 2.95200 2.09236 1.05908 1.05756 1.07238 0.72740 0.75752 0.67085 0.93603 1.10256 0.18724
Nilai Perusahaan 0.4515 0.5242 0.4181 0.4392 0.5369 0.2260 0.4825 0.4651 0.4056 4.4889 3.3039 2.0348 1.1839 1.2718 0.9612 5.9905 5.6155 2.4570 0.1776 0.0965 0.0062 1.8812 1.6784 0.9236 1.1427 0.7163 0.3925 0.7863 0.7610 0.6956 0.7276 0.6753 0.6077 2.0364 1.9856 1.2386 2.0625 2.1854 1.7805 11.6161 11.0993 11.3814
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
113
Indofood CBP Sukses Makmur Tbk
Indonesia
114
Champion Pacific Indonesia Tbk
Indonesia
115
Indal Aluminium Industry Tbk
Indonesia
116
Intanwijaya Internasional Tbk
Indonesia
117
Indofood Sukses Makmur Tbk
Indonesia
118
Indospring Tbk
Indonesia
119
Indah Kiat Pulp & Paper Tbk
Indonesia
120
Inter-Delta Tbk
Indonesia
121
Indocement Tunggal Prakarsa Tbk
Indonesia
122
Indopoly Swakarsa Industry Tbk
Indonesia
123
Jembo Cable Company Tbk
Indonesia
124
JAPFA Comfeed Indonesia Tbk
Indonesia
125
Kimia Farma (Persero) Tbk
Indonesia
126
KMI Wire and Cable Tbk
Indonesia
Profitabilitas 0.10439 0.10285 0.11006 0.11121 0.15731 0.13392 0.00659 0.02508 0.02151 0.07611 0.07483 0.10004 0.04393 0.06075 0.04039 0.06720 0.05600 0.00076 0.03264 0.01826 0.03165 0.08117 0.05875 0.03721 0.18836 0.18326 0.12951 0.03425 0.01458 0.00949 0.01819 0.01891 0.00181 0.04289 0.02487 0.03057 0.08575 0.08558 0.07817 0.05905 0.05372 0.07435
Asset Tangibility 0.22626 0.23210 0.24682 0.15523 0.13143 0.17318 0.11048 0.11563 0.17440 0.29936 0.34104 0.28596 0.28591 0.25538 0.27329 0.48333 0.54643 0.56672 0.66065 0.63512 0.60918 0.07742 0.06355 0.05478 0.34967 0.42042 0.41066 0.67866 0.66355 0.69601 0.10991 0.09634 0.29164 0.35299 0.40368 0.39681 0.19829 0.18882 0.21066 0.31580 0.30693 0.35579
Tingkat Pertumbuhan -0.04911 0.12698 -0.04500 -0.24991 0.08312 -0.01269 -0.01381 0.13070 0.25503 -0.22822 0.06230 0.03360 0.03751 0.07781 -0.03944 0.04465 0.01792 0.00886 0.01914 0.02053 0.01693 -0.04137 0.10750 0.00737 -0.07787 0.05975 0.04779 0.34118 0.02767 -0.01647 0.27936 -0.00116 -0.03192 0.07491 0.03272 -0.01842 -0.04076 0.14813 -0.03236 -0.17587 0.05215 0.04180
Ukuran Perusahaan 21.28661 21.42240 21.37839 17.06751 17.15430 17.14168 17.94986 18.08992 18.38433 16.22583 16.29015 16.32433 22.57659 22.65759 22.61892 19.00961 19.02769 19.03659 22.63683 22.65758 22.67465 15.28481 15.39854 15.40594 21.50404 21.56566 21.61463 19.44136 19.46942 19.45308 18.43790 18.43673 18.40531 20.92649 20.95976 20.94151 19.14490 19.30521 19.27337 18.44212 18.49568 18.53838
Non-Debt Tax Shield 0.01703 0.01892 0.02066 0.02781 0.02780 0.03020 0.01380 0.01204 0.00946 0.01823 0.01409 0.03309 0.01986 0.02286 0.02033 0.02846 0.03491 0.03393 0.03264 0.04121 0.04210 0.01010 0.01119 0.01042 0.03042 0.03040 0.02812 0.03952 0.03807 0.03999 0.01589 0.01778 0.01687 0.02496 0.02968 0.03268 0.01240 0.01314 0.01503 0.01964 0.01821 0.01548
Struktur Modal 0.67412 0.71619 0.62084 0.42565 0.36071 0.23665 5.97218 6.34063 4.54689 0.07639 0.08304 0.10058 1.10871 1.13728 1.12959 0.25531 0.25238 0.33084 1.95451 1.47072 1.68325 1.12829 1.13982 1.15807 0.16928 0.17527 0.12631 0.84511 0.85427 0.83276 7.43985 3.74534 2.69393 1.88582 2.04254 1.80856 0.68096 0.75052 0.73795 0.44503 0.44704 0.51047
Nilai Perusahaan 2.8845 2.5801 2.8635 0.8925 0.5452 0.3577 0.6333 0.6354 0.4076 -0.1921 -0.0629 -0.1461 1.6451 1.6181 1.5040 0.7781 0.5154 0.2568 0.6098 0.5393 0.5251 1.1057 1.0206 1.0222 3.1086 2.2489 2.2942 214.5331 184.8789 132.0673 0.7242 0.7291 0.4813 1.4574 1.2579 0.7744 1.7078 1.9714 1.7875 0.4760 0.3080 0.2133
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
127
Kabelindo Murni Tbk
Indonesia
128
Kedawung Setia Industrial Tbk
Indonesia
129
Kalbe Farma Tbk
Indonesia
130
Lion Metal Works Tbk
Indonesia
131
Lionmesh Prima Tbk
Indonesia
132
Merck Tbk
Indonesia
133
Multi Bintang Indonesia Tbk
Indonesia
134
Mayora Indah Tbk
Indonesia
135
Pan Brothers Tbk
Indonesia
136
Pelangi Indah Canindo Tbk
Indonesia
137
Pyridam Farma Tbk
Indonesia
138
Roda Vivatex Tbk
Indonesia
139
Ricky Putra Globalindo Tbk
Indonesia
140
Nippon Indosari Corpindo Tbk
Indonesia
Profitabilitas 0.01210 0.03167 0.01950 0.04210 0.04757 0.00974 0.17408 0.17064 0.15024 0.12865 0.08050 0.07198 0.10077 0.04723 0.01187 0.25082 0.21243 0.19220 0.65720 0.35628 0.20697 0.10435 0.03978 0.11022 0.04463 0.02539 0.01947 0.02484 0.02589 0.02319 0.03539 0.01458 0.01625 0.12791 0.13574 0.13688 0.00786 0.01290 0.01124 0.08669 0.08803 0.09997
Asset Tangibility 0.47216 0.44767 0.44501 0.40099 0.39335 0.34237 0.25845 0.27369 0.28756 0.12006 0.16790 0.17668 0.16328 0.18333 0.16973 0.08810 0.11446 0.14938 0.56664 0.58955 0.52734 0.32064 0.34813 0.33243 0.24269 0.20628 0.27745 0.26066 0.22208 0.20492 0.55730 0.50240 0.44302 0.84637 0.79046 0.70443 0.23994 0.27187 0.28215 0.64479 0.78398 0.67301
Tingkat Pertumbuhan -0.23793 -0.00017 -0.09683 0.15893 0.09125 0.09528 -0.04876 0.07129 -0.00714 -0.08545 0.15102 -0.04966 -0.13521 0.09539 -0.09032 -0.02614 -0.00397 -0.06318 0.18517 0.18476 -0.03049 -0.07745 0.03739 -0.00679 0.11031 0.36253 0.17063 -0.20596 -0.01225 -0.07602 0.02177 0.02139 -0.06576 0.01756 0.03754 0.02658 0.04319 0.03349 -0.08469 0.16671 0.13191 0.12194
Ukuran Perusahaan 17.76749 17.76733 17.67490 18.06618 18.16187 18.26201 20.64925 20.72321 20.71609 17.53638 17.70010 17.65163 16.27596 16.37622 16.28975 17.86531 17.86134 17.80008 18.80055 19.00482 18.97478 20.49619 20.53430 20.52754 19.27138 19.72163 19.90872 17.74712 17.73494 17.66168 16.48004 16.50166 16.43797 18.66085 18.69911 18.72605 18.32700 18.36107 18.27977 18.82304 18.96451 19.09455
Non-Debt Tax Shield 0.02570 0.02769 0.02898 0.01550 0.02216 0.02381 0.02427 0.02739 0.02838 0.00885 0.01700 0.01926 0.01356 0.01403 0.01429 0.01524 0.01528 0.01601 0.08567 0.07127 0.08115 0.03752 0.03991 0.04134 0.03138 0.02244 0.02566 0.02285 0.02722 0.01207 0.04570 0.05943 0.05273 0.02424 0.02250 0.01969 0.02544 0.02920 0.03159 0.03537 0.04599 0.04277
Struktur Modal 1.35217 1.22968 1.20722 1.53405 1.58131 2.10643 0.33493 0.27398 0.25215 0.25217 0.42080 0.40636 0.32953 0.43024 0.45661 0.38614 0.30650 0.29310 0.80465 3.02864 1.77081 1.49562 1.52585 1.18362 1.38407 0.82339 1.05155 1.89903 1.71826 1.61356 0.86000 0.88016 0.44756 0.35191 0.21580 0.17778 1.92216 2.00313 1.99489 1.34591 1.24720 1.27702
Nilai Perusahaan 0.4801 0.4069 0.4392 0.4157 0.3777 0.3886 5.1486 6.0802 5.1166 0.9415 0.6718 0.6312 0.4576 0.2718 0.1438 5.9266 5.3573 10.8254 13.7859 8.4198 7.8834 2.7410 2.6143 2.1375 6.4487 7.6973 8.1817 0.5254 0.4450 0.4219 0.7441 0.6209 0.4603 1.0543 0.9318 0.7637 0.3758 0.4199 0.4139 15.9945 3.3660 2.5255
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
141
Supreme Cable Manufacturing Corporation Tbk
Indonesia
142
PT Industri Jamu dan Farmasi Sido Muncul Tbk
Indonesia
143
Sekar Bumi Tbk
Indonesia
144
Sekar Laut Tbk
Indonesia
145
PT Semen Baturaja (Persero) Tbk
Indonesia
146
Holcim Indonesia Tbk
Indonesia
147
Semen Indonesia (Persero) Tbk
Indonesia
148
Selamat Sempurna Tbk
Indonesia
149
Indo Acidatama Tbk
Indonesia
150
Star Petrcohem Tbk
Indonesia
151
Siantar Top Tbk
Indonesia
152
PT Tunas Alfin Tbk
Indonesia
153
Mandom Indonesia Tbk
Indonesia
154
Pabrik Kertas Tjiwi Kimia Tbk
Indonesia
Profitabilitas 0.06593 0.08310 0.08974 0.13735 0.13824 0.13688 0.11653 0.13797 0.05252 0.03763 0.05003 0.05321 0.11514 0.11472 0.10836 0.06393 0.03600 0.01152 0.17365 0.16217 0.11861 0.20419 0.24017 0.20779 0.03798 0.03140 0.02701 0.00076 0.00062 0.00039 0.07801 0.07272 0.09674 0.11183 0.13339 0.07765 0.10865 0.09434 0.26150 0.01037 0.00757 0.00050
Asset Tangibility 0.15979 0.17838 0.17883 0.18825 0.26192 0.30095 0.29973 0.38396 0.51451 0.41457 0.40130 0.39393 0.21748 0.19051 0.24078 0.83018 0.84296 0.83290 0.61176 0.58899 0.65965 0.28680 0.28043 0.32203 0.28086 0.26279 0.21884 0.43994 0.41083 0.40091 0.51521 0.50719 0.52420 0.21488 0.26871 0.27286 0.46441 0.49576 0.43355 0.44235 0.42160 0.43176
Tingkat Pertumbuhan -0.17727 0.01884 -0.03567 0.32406 0.00131 -0.04791 0.27153 0.21851 0.05282 0.47896 0.07913 0.00922 0.44280 0.05506 0.00649 -0.02961 0.11601 -0.10110 -0.08659 0.08341 0.00215 -0.14189 0.00250 0.12208 -0.20364 0.07565 0.10187 -0.23076 0.01428 -0.09051 -0.07167 0.11756 0.01780 -0.19820 0.19268 -0.10832 -0.07890 0.19285 0.00740 0.04719 0.03907 0.05999
Ukuran Perusahaan 18.68774 18.70676 18.67171 19.30639 19.30770 19.26089 17.52958 17.77613 17.83041 17.03204 17.11448 17.12374 19.22020 19.27683 19.28334 20.92391 21.04722 20.95091 21.65132 21.73842 21.74057 18.76381 18.76632 18.89652 17.35786 17.43652 17.54396 17.93425 17.94864 17.86200 18.60803 18.73310 18.75106 17.15354 17.36758 17.26473 18.61066 18.82491 18.83234 21.68068 21.72053 21.78240
Non-Debt Tax Shield 0.01344 0.01453 0.01483 0.01653 0.01914 0.02164 0.01651 0.01401 0.01536 0.04770 0.05098 0.04253 0.02489 0.03056 0.02827 0.04022 0.04052 0.05317 0.03610 0.03888 0.03922 0.06568 0.06154 0.05186 0.02465 0.02214 0.01386 0.01717 0.01619 0.01612 0.03346 0.03220 0.02996 0.02566 0.02095 0.02362 0.04755 0.04140 0.05010 0.03380 0.03257 0.03102
Struktur Modal 1.62015 1.04457 0.92242 0.13080 0.10828 0.06597 1.57611 1.12271 1.22177 1.27568 1.45406 1.48026 0.11458 0.09146 0.10827 0.71629 1.00412 1.04992 0.41752 0.37300 0.39038 0.71561 0.56635 0.54148 0.34363 0.43489 0.68805 0.53371 0.58702 0.61131 1.13185 1.08483 0.90281 0.28718 0.35934 0.23989 0.27162 0.48837 0.21414 2.25315 1.90978 1.49444
Nilai Perusahaan 0.5241 0.3960 0.2748 1.8991 2.3095 2.1918 0.9439 1.4743 1.4333 0.6940 0.9278 0.9844 0.9046 0.6738 0.4538 1.3464 1.5603 1.0274 3.0363 2.7138 1.8594 2.4468 3.5930 2.9533 0.7282 0.6208 0.5527 0.2027 -0.0270 0.0129 1.4228 2.4253 2.2304 1.4691 1.4401 1.0680 1.5187 1.8328 1.5954 0.4500 0.4292 0.4277
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
155
Surya Toto Indonesia Tbk
Indonesia
156
Chandra Asri Petrochemical Tbk
Indonesia
157
Trisula International Tbk
Indonesia
158
Trias Sentosa Tbk
Indonesia
159
Tempo Scan Pacific Tbk
Indonesia
160
Tunas Ridean Tbk
Indonesia
161
Ultra Jaya Milk Industry Tbk
Indonesia
162
Unilever Indonesia Tbk
Indonesia
163
Wismilak Inti Makmur Tbk
Indonesia
164
Alliance Global Group, Inc.
Filipina
165
D&L Industries, Inc.
Filipina
166
Emperador Inc.
Filipina
167
Euro-Med Laboratories Phil., Inc.
Filipina
168
First Philippine Holdings Corporation
Filipina
Profitabilitas 0.86333 0.14346 0.11692 0.00578 0.00959 0.01338 0.10138 0.06998 0.06520 0.01011 0.00928 0.00754 0.11787 0.10443 0.08421 0.08877 0.06404 0.06700 0.11562 0.09700 0.14777 0.42135 0.41502 0.37202 0.10732 0.08443 0.09763 0.06936 0.05153 0.04833 0.12268 0.14937 0.09222 0.16553 0.06232 0.07083 0.02084 0.02263 0.02390 0.02250 0.04508 0.03572
Asset Tangibility 0.31682 0.39135 0.35873 0.51774 0.59462 0.66656 0.19793 0.22089 0.21160 0.61085 0.60713 0.62584 0.22223 0.27710 0.25722 0.38809 0.41468 0.40662 0.34351 0.34379 0.32789 0.54113 0.51454 0.52899 0.17742 0.23216 0.24708 0.12534 0.13236 0.14769 0.14202 0.14575 0.09554 0.10649 0.11519 0.14520 0.41289 0.40502 0.38429 0.33031 0.36772 0.39016
Tingkat Pertumbuhan -0.08823 0.12721 0.06252 0.11551 0.00836 0.01981 0.02888 0.07041 -0.00770 0.15419 -0.02048 -0.07719 -0.07805 0.01443 0.01021 -0.20487 0.10842 -0.00854 -0.08511 0.01651 0.08588 -0.18920 0.09213 -0.00675 -0.23424 0.05712 -0.10219 0.15252 0.15051 0.06476 0.18943 0.34445 0.24687 0.12030 0.62962 -0.03808 0.00059 -0.03533 0.02962 0.11414 0.05671 0.02824
Ukuran Perusahaan 18.79015 18.92621 18.99077 21.36903 21.37742 21.39743 17.47909 17.55211 17.54444 19.40474 19.38447 19.31011 19.91229 19.92682 19.93708 19.46554 19.58030 19.57180 19.25665 19.27329 19.36309 20.76461 20.86126 20.85453 18.43213 18.49094 18.39364 22.78238 22.94550 23.01245 19.40988 19.83217 20.11569 20.53780 21.53102 21.49365 19.17947 19.14475 19.17481 22.65057 22.70896 22.73761
Non-Debt Tax Shield 0.03489 0.03188 0.03415 0.03288 0.03303 0.03250 0.02446 0.03286 0.03709 0.03814 0.04501 0.05229 0.01762 0.01942 0.02129 0.05568 0.05359 0.06095 0.04647 0.05089 0.04516 0.04061 0.02631 0.03207 0.01753 0.02399 0.03238 0.01299 0.01048 0.01000 0.01851 0.01371 0.01384 0.00888 0.00376 0.00546 0.03109 0.03268 0.02436 0.02723 0.02696 0.02996
Struktur Modal 0.79406 0.83177 0.63558 1.23423 1.22150 0.98854 0.57387 0.69152 0.74463 0.91024 0.85676 0.71563 0.41233 0.37417 0.44905 0.74385 0.84223 0.83251 0.39060 0.28365 0.26541 2.12289 2.00866 2.25850 0.60203 0.57675 0.42279 0.74744 0.88345 0.94095 0.28701 0.66017 0.25418 0.14040 1.16894 0.96181 0.88866 0.93835 0.84148 1.78343 1.77188 1.67460
Nilai Perusahaan 2.2336 2.7867 2.3751 0.7173 0.6998 0.7831 0.7811 0.7480 0.6196 0.5496 0.5226 0.4686 2.8655 2.1177 1.1815 1.6767 1.0502 0.9852 3.8106 3.7381 3.0498 16.9052 16.7660 18.7656 1.4986 1.1864 0.8416 0.1750 0.2453 0.2467 3.6425 6.5242 2.5445 4.2458 1.7092 1.5281 0.8109 0.7007 0.9193 0.4403 0.5102 0.4799
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
169
Mabuhay Vinyl Corporation
Filipina
170
Pepsi-Cola Products Philippines, Inc.
Filipina
171
Philippine H2O Ventures Corp.
Filipina
172
RFM Corporation
Filipina
173
San Miguel Pure Foods Company, Inc.
Filipina
174
Splash Corporation
Filipina
175
Amplefield Ltd^
Singapura
176
ASL Marine
Singapura
177
BRC Asia
Singapura
178
CEI Contract Mfg
Singapura
179
China Minzhong
Singapura
180
Datapulse Tech
Singapura
181
GDS Global
Singapura
182
Hengxin Tech
Singapura
Profitabilitas 0.03671 0.03874 0.04119 0.08274 0.06949 0.06637 0.03636 0.03715 0.02854 0.05830 0.05973 0.06362 0.05614 0.04368 0.05297 0.01529 0.02158 0.03066 0.05737 0.04118 0.03020 0.04092 0.01706 0.00593 0.54815 0.10013 0.05172 0.05248 0.06964 0.13859 0.12940 0.07255 0.04221 0.24119 0.01420 0.02776 0.09599 0.19292 0.13953 0.05497 0.06241 0.07358
Asset Tangibility 0.35301 0.31673 0.29740 0.64884 0.73601 0.82694 0.60398 0.62964 0.72837 0.41846 0.36547 0.39306 0.15471 0.12184 0.13862 0.15076 0.12757 0.11672 0.28661 0.11792 0.08383 0.42647 0.44602 0.46316 0.26755 0.23712 0.23974 0.14166 0.11444 0.09173 0.35450 0.30340 0.26603 0.38729 0.35709 0.29011 0.06347 0.06881 0.10637 0.10018 0.09495 0.09860
Tingkat Pertumbuhan 0.02845 -0.01886 0.00173 0.18350 0.02041 0.02294 0.31650 0.25453 0.25752 0.17398 -0.01105 -0.00547 0.10108 0.13451 -0.00483 0.15535 0.02948 -0.00608 0.09101 0.55083 0.22509 0.23796 0.06634 -0.04877 0.04071 0.04867 -0.03417 0.07188 0.04897 -0.02553 0.21279 0.15878 -0.00305 0.12648 0.24876 -0.05170 0.33347 0.23516 -0.03321 0.14254 0.06713 -0.07795
Ukuran Perusahaan 17.66192 17.64324 17.64497 19.36663 19.38725 19.41046 16.46468 16.75842 17.05617 19.57736 19.56637 19.56092 21.26296 21.40743 21.40261 18.53514 18.56506 18.55899 16.59081 17.39116 17.64617 20.61517 20.68381 20.63619 19.17867 19.22856 19.19496 17.83082 17.88103 17.85582 15.35585 15.52874 15.52570 17.33819 17.62422 17.57382 16.44006 16.70815 16.67548 20.85994 20.92943 20.85437
Non-Debt Tax Shield 0.06461 0.04847 0.04828 0.14579 0.16565 0.17980 0.02824 0.02379 0.02037 0.02589 0.02608 0.02617 0.03628 0.03233 0.03390 0.02898 0.02618 0.02260 0.04955 0.01699 0.00999 0.03373 0.03821 0.03630 0.03073 0.03606 0.03205 0.01261 0.03530 0.03104 0.01436 0.01436 0.01606 0.07497 0.07318 0.05879 0.02104 0.01726 0.01805 0.01367 0.01202 0.01450
Struktur Modal 0.13396 0.13990 0.14044 1.21664 1.36175 1.43680 0.73545 1.23577 1.77599 0.60040 0.55667 0.43274 0.71725 0.57219 0.52006 0.77104 1.05453 0.96126 0.50052 0.26439 0.65570 1.76794 1.92178 1.64769 0.82430 0.70259 0.77409 1.09764 1.09205 0.73300 0.22325 0.34525 0.45090 0.31450 0.41927 0.23057 0.24626 0.30846 0.22544 0.32248 0.32576 0.21513
Nilai Perusahaan 0.5518 0.6121 0.7504 1.9722 1.9663 1.8697 40.2671 21.6394 11.2799 1.4091 1.4028 1.2172 0.4291 0.3969 0.3027 0.2217 0.3446 0.4073 127.7345 53.6441 2.7326 0.3744 0.3595 0.4482 3.5183 2.8911 2.3607 0.6047 0.5746 0.4836 95.7479 79.9640 60.0938 7.3099 4.0022 2.2443 0.8603 1.0775 1.3569 -0.4577 -0.4707 -0.5456
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel
Nama Perusahaan
Negara
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
183
Jackspeed^
Singapura
184
Luxking
Singapura
185
Micro-Mechanics
Singapura
186
Nam Cheong
Singapura
187
Nam Lee Metal
Singapura
188
PNE Industries
Singapura
189
Powermatic Data
Singapura
190
Spindex Ind
Singapura
191
Swing Media Tech
Singapura
192
Tai Sin Electric
Singapura
193
Techcomp
Singapura
194
Transit Concrete
Singapura
195
TTJ
Singapura
196
Valuetronics
Singapura
Profitabilitas 0.01714 0.01385 0.05020 0.00872 0.01330 0.00741 0.11395 0.15196 0.21560 0.09462 0.09290 0.00707 0.06290 0.04779 0.07992 0.04532 0.10127 0.08450 0.01401 0.04147 0.05334 0.07687 0.09034 0.10371 0.03786 0.05123 0.01572 0.09939 0.10698 0.08016 0.01908 0.01787 0.01972 0.10323 0.11487 0.16481 0.10706 0.14738 0.10255 0.10646 0.10405 0.09797
Asset Tangibility 0.15114 0.15898 0.16806 0.24846 0.23143 0.21197 0.55683 0.52287 0.47788 0.13313 0.08675 0.11387 0.16813 0.19646 0.20763 0.15115 0.11449 0.07164 0.01480 0.01793 0.02252 0.32578 0.35980 0.36325 0.55823 0.49163 0.43549 0.10906 0.10863 0.13551 0.09177 0.07555 0.06566 0.73146 0.70709 0.65383 0.15707 0.14778 0.12984 0.17660 0.12781 0.11271
Tingkat Pertumbuhan 0.00529 0.01174 -0.00990 0.02131 0.06877 -0.00888 0.02898 0.10612 0.00922 0.40004 0.32169 0.10718 0.02484 0.02883 -0.00729 0.03686 0.00359 -0.07175 0.09553 0.00399 -0.04302 0.07581 0.07790 0.07519 0.11893 0.04507 0.03808 0.04367 -0.00694 -0.05436 0.02293 0.07421 -0.03675 0.06245 0.10872 0.00258 0.04592 0.04958 -0.05838 0.06989 0.20777 -0.01251
Ukuran Perusahaan 17.44655 17.45836 17.44851 19.64712 19.71837 19.70953 17.39810 17.51029 17.51955 21.27871 21.66686 21.78023 18.55845 18.58771 18.58044 18.01156 18.01516 17.94587 17.46098 17.46498 17.42286 18.10665 18.18776 18.26593 20.92555 20.97166 21.01049 18.95060 18.94369 18.89075 18.56986 18.64697 18.61087 16.88684 17.00193 17.00451 18.52580 18.57665 18.51991 20.60630 20.83920 20.82677
Non-Debt Tax Shield 0.03715 0.03869 0.04017 0.05245 0.03755 0.03518 0.09565 0.08506 0.08378 0.00192 0.00558 0.00552 0.02443 0.02871 0.02753 0.02313 0.01795 0.01215 0.01833 0.01017 0.01017 0.04157 0.03905 0.04101 0.09384 0.09630 0.09503 0.01846 0.01808 0.01779 0.02359 0.02364 0.01562 0.09842 0.09622 0.09670 0.03080 0.02939 0.01629 0.03934 0.02791 0.02494
Struktur Modal 0.51225 0.54788 0.54764 1.84744 1.37904 1.50497 0.18542 0.23894 0.18922 1.32171 1.66737 1.86897 0.22449 0.24051 0.29094 0.17479 0.18739 0.20091 0.07174 0.10551 0.07861 0.33266 0.34599 0.39519 0.29106 0.24801 0.22414 0.66890 0.44332 0.33177 1.09712 0.99022 0.97787 0.50800 0.56378 0.45424 0.39237 0.24607 0.17822 0.87841 0.95650 0.88325
Nilai Perusahaan 0.3435 0.1682 0.2522 0.4335 0.3524 0.4202 1.4155 1.4653 1.7993 0.3635 0.3472 0.3791 0.2534 0.1747 0.2084 1.0620 1.6716 1.8777 2.1811 2.7028 2.7286 0.2732 0.3636 0.4281 0.7364 0.2209 0.0336 0.4644 0.5091 0.3837 0.5148 0.4567 0.3420 1.2051 1.1282 1.1364 0.2788 0.2294 0.0579 -0.0973 -0.1295 -0.1182
Universitas Sumatera Utara
Lanjutan Lampiran 7 : Hasil Formula Variabel Sampel 197
Yongmao
Nama Perusahaan
Negara Singapura
198
Zhongxin Fruit
Singapura
199
Banpu Public Company Limited
Thailand
200
The Bangchak Petroleum Public Company Limited
Thailand
201
Charoen Pokphand Foods Public Company Limited
Thailand
202
Delta Electronics (Thailand) Public Company Limited
Thailand
203
IRPC Public Company Limited
Thailand
204
Indorama Ventures Public Company Limited
Thailand
205
PTT Public Company Limited
Thailand
206
PTT Exploration And Production Public Company Limited
Thailand
207
PTT Global Chemical Public Company Limited
Thailand
208
Tipco Asphalt Public Company Limited
Thailand
209
Thai Oil Public Company Limited
Thailand
210
TPI Polene Public Company Limited
Thailand
211
TTW Public Company Limited
Thailand
Tahun 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015 2013 2014 2015
Profitabilitas 0.01657 0.03499 0.04741 0.12477 0.06626 0.01257 0.01399 0.01240 0.00681 0.06450 0.00933 0.05097 0.02047 0.02852 0.02531 0.14691 0.15588 0.15398 0.00508 0.03217 0.05764 0.00705 0.00768 0.03025 0.05698 0.03467 0.01118 0.07933 0.02799 0.03954 0.07818 0.03478 0.04609 0.04237 0.04806 0.19069 0.05083 0.01851 0.05128 0.00735 0.01339 0.00338 0.10510 0.12094 0.10076
FATA 0.28448 0.26914 0.27044 0.63516 0.45404 0.37830 0.21215 0.20307 0.18914 0.44041 0.49978 0.49170 0.32133 0.33608 0.34241 0.12931 0.11404 0.11334 0.51151 0.61988 0.70390 0.51183 0.51134 0.55084 0.44585 0.44758 0.62725 0.58741 0.49408 0.43605 0.54331 0.53483 0.49505 0.26735 0.22632 0.26567 0.32015 0.36327 0.35052 0.81314 0.83403 0.79751 0.35282 0.02759 0.02596
GROWTH 0.05588 0.16953 -0.07607 0.20510 0.20907 0.02290 0.68941 -0.10361 -0.00969 0.01423 -0.00131 0.01428 0.11212 0.01265 0.10826 0.11444 -0.02094 0.07721 0.13783 -0.05793 -0.04964 0.10488 -0.02939 0.06879 0.03071 -0.09323 0.05062 0.16316 0.02343 -0.01104 0.05835 -0.04281 -0.02241 0.06098 0.16778 0.01346 0.17618 0.00403 0.03682 0.08334 0.12237 0.02798 0.04597 -0.05483 0.02760
SIZE 20.78979 20.97555 20.90224 18.44260 18.67715 18.70031 22.71731 22.61872 22.60908 21.57905 21.57774 21.59212 23.14465 23.15738 23.27196 20.90771 20.88699 20.96735 22.39138 22.33507 22.28662 22.53679 22.50782 22.57910 24.71575 24.62661 24.67856 23.86271 23.88642 23.87544 23.35403 23.31211 23.28995 20.27723 20.46088 20.47443 22.62098 22.62502 22.66254 21.71217 21.84271 21.87109 20.49869 20.44531 20.47329
NDTS 0.01993 0.02228 0.02785 0.04228 0.03022 0.01263 0.03086 0.03316 0.02862 0.03849 0.04317 0.05782 0.02475 0.02691 0.03627 0.02490 0.02302 0.02013 0.03035 0.03202 0.03345 0.03751 0.04188 0.04268 0.04594 0.07270 0.08348 0.07458 0.12002 0.12261 0.03932 0.04018 0.03683 0.02213 0.01976 0.02162 0.02957 0.02995 0.02848 0.02263 0.01988 0.01972 0.03639 0.03620 0.03343
SM 1.65047 1.85648 1.23157 1.34294 1.41739 1.12653 2.06116 2.18848 2.56231 1.07710 1.29103 1.29531 2.14428 2.15088 2.75460 0.45562 0.38576 0.42686 1.15403 1.39893 1.15159 2.10682 1.63217 1.73739 1.43346 1.30715 1.55822 0.83931 0.85611 0.95411 0.78460 0.66638 0.70074 2.74387 3.19380 1.57857 1.25185 1.62951 1.57145 0.42796 0.73506 0.92354 1.23133 1.16615 1.33584
Universitas Sumatera Utara
NP 0.5597 0.4410 0.3484 0.6842 0.6498 0.4949 0.8640 0.8482 0.7883 0.7734 0.8975 0.8785 1.1644 0.9899 0.8111 1.2833 1.8725 1.7765 0.7658 0.8519 0.9839 0.9802 0.9004 0.9266 0.7838 0.8530 0.6659 31.9129 22.2054 11.0775 0.9142 0.7129 0.7211 1.3803 1.1576 2.9404 0.6965 0.7059 0.8765 0.4218 0.7247 0.8184 1.8783 2.1335 1.8882
Lampiran 8: Output E-Views 7,0 Analisis Statistik Deskriptif Mean Median Maximum Minimum Std. Dev. Skewness Kurtosis
0.081701 0.065200 0.863330 0.000390 0.080472 3.411481 23.91072
Asset Tangibility 0.331920 0.308750 0.846370 0.012400 0.184369 0.460103 2.584645
Probability
0.000000
0.000001
0.000000
0.000000
0.000000
0.000000
0.000000
633
633
633
633
633
633
633
Profitabilitas
Observations
Tingkat Pertumbuhan 0.041636 0.028830 0.689410 -0.995240 0.118000 -0.062347 15.37332
Ukuran Perusahaan 19.00464 18.66090 24.71575 15.28481 1.719733 0.818759 3.354936
Non-Debt Tax Shield 0.032929 0.028240 0.407270 0.000230 0.031809 7.337608 79.25103
Struktur Modal 0.810578 0.632100 7.439850 0.034850 0.750894 3.165894 21.38669
Nilai Perusahaan 3.134918 0.673760 214.5331 -0.736380 14.95182 10.08751 118.5188
Uji Chow Redundant Fixed Effects Tests Pool: DATAPANEL Test cross-section fixed effects Effects Test
Statistic
Cross-section F Cross-section Chi-square
d.f.
22.669636 1595.934194
Prob.
(210,416) 210
0.0000 0.0000
Uji Multikolinearitas Substruktur I Profitabilitas ROA FATA GROWTH SIZE NDTS Struktur Modal
1.000000 -0.069555 -0.032141 -0.021824 0.059441 -0.157990
Asset Tangibility -0.069555 1.000000 0.025082 0.142208 0.321176 0.056476
Tingkat Pertumbuhan -0.032141 0.025082 1.000000 0.061273 -0.042146 0.115709
Ukuran Perusahaan -0.021824 0.142208 0.061273 1.000000 0.029966 0.271106
NDTS
Struktur Modal
0.059441 0.321176 -0.042146 0.029966 1.000000 -9.60E-05
-0.157990 0.056476 0.115709 0.271106 -9.60E-05 1.000000
Uji Heterokedastisitas Substruktur I. Dependent Variable: STRUKT UR MODAL? Method: Pooled Least Squares Date: 08/16/16 Time: 20:58 Sample: 2013 2015 Included observations: 3 Cross-sections included: 211 Total pool (balanced) observations: 633 White cross-section standard errors & covariance (d.f. corrected) WARNING: estimated coefficient covariance matrix is of reduced rank Variable
Coefficient
Std. Error
t-Statistic
Prob.
C PROFITABILITAS? ASSET TANGIBILITY? TINGKAT PERT UMBUHAN? UKURAN PERUSAHAAN? NON-DEBT TAX SHIELD?
-8.069444 -0.652928 -0.252944 0.175126 0.473630 0.266235
0.670603 0.048808 0.328525 0.077777 0.031257 1.301524
-12.03311 -13.37755 -0.769939 2.251657 15.15269 0.204556
0.0000 0.0000 0.4418 0.0249 0.0000 0.8380
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.909707 0.863153 0.277777 32.17575 44.74689 19.54094 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
0.810578 0.750894 0.541084 2.059728 1.130838 2.242413
Universitas Sumatera Utara
Uji Multikolinearitas Substruktur II 1.000000 -0.069555
Asset Tangibility -0.069555 1.000000
Tingkat Pertumbuhan -0.032141 0.025082
Ukuran Perusahaan -0.021824 0.142208
-0.032141
0.025082
1.000000
-0.021824
0.142208
0.059441 -0.157990 0.019871
0.321176 0.056476 0.136160
Profitabilitas Profitabilitas Asset Tangibility Tingkat Pertumbuhan Ukuran Perusahaan NDTS Struktur Modal Nilai Perusahaan
0.059441 0.321176
Struktur Modal -0.157990 0.056476
Nilai Perusahaan 0.019871 0.136160
0.061273
-0.042146
0.115709
0.104456
0.061273
1.000000
0.029966
0.271106
-0.043248
-0.042146 0.115709 0.104456
0.029966 0.271106 -0.043248
1.000000 -9.60E-05 0.034547
-9.60E-05 1.000000 -0.012041
0.034547 -0.012041 1.000000
NDTS
Uji Heterokedastisitas Substruktur II. Dependent Variable: NILAI PERUSAHAAN? Method: Pooled Least Squares Date: 08/16/16 Time: 20:57 Sample: 2013 2015 Included observations: 3 Cross-sections included: 211 Total pool (balanced) observations: 633 White cross-section standard errors & covariance (d.f. corrected) WARNING: estimated coefficient covariance matrix is of reduced rank Variable
Coefficient
Std. Error
t-Statistic
Prob.
C PROFITABILITAS? ASSET TANGIBILITY? TINGKAT PERT UMBUHAN? UKURAN PERUSAHAAN? NON-DEBT TAX SHIELD? STRUKT UR MODAL?
351.8213 2.403699 13.42248 7.379521 -18.71691 51.79656 0.418608
21.90911 0.725283 3.935034 1.830235 1.219070 17.79707 0.507898
16.05822 3.314152 3.411019 4.032007 -15.35344 2.910398 0.824197
0.0000 0.0010 0.0007 0.0001 0.0000 0.0038 0.4103
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.922410 0.882123 5.133431 10962.48 -1800.771 22.89603 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
3.134918 14.95182 6.375264 7.900939 6.967748 1.601368
Uji Hipotesis Substruktur I. Dependent Variable: S_MODAL? Method: Pooled Least Squares Date: 08/14/16 Time: 17:21 Sample: 2013 2015 Included observations: 3 Cross-sections included: 211 Total pool (balanced) observations: 633 Variable
Coefficient
Std. Error
t-Statistic
Prob.
C PROFITABILITAS? ASSET TANGIBILITY? TINGKAT PERT UMBUHAN? UKURAN PERUSAHAAN? NON-DEBT TAX SHIELD? Fixed Effects (Cross) 1--C 2--C 3--C 4--C 5--C
-7.947385 -0.654822 -0.241212 0.171849 0.467829 -0.199022
2.598727 0.278336 0.313276 0.126971 0.135628 2.267224
-3.058183 -2.352634 -0.769964 1.353450 3.449358 -0.087782
0.0024 0.0191 0.4418 0.1766 0.0006 0.9301
0.777671 0.397113 -0.304024 -0.352896 -0.166443
Universitas Sumatera Utara
6--C 7--C 8--C 9--C 10--C 11--C 12--C 13--C 14--C 15--C 16--C 17--C 18--C 19--C 20--C 21--C 22--C 23--C 24--C 25--C 26--C 27--C 28--C 29--C 30--C 31--C 32--C 33--C 34--C 35--C 36--C 37--C 38--C 39--C 40--C 41--C 42--C 43--C 44--C 45--C 46--C 47--C 48--C 49--C 50--C 51--C 52--C 53--C 54--C 55--C 56--C 57--C 58--C 59--C 60--C 61--C 62--C 63--C 64--C 65--C 66--C 67--C 68--C 69--C 70--C 71--C 72--C 73--C 74--C 75--C 76--C 77--C 78--C 79--C 80--C 81--C 82--C 83--C
-0.267586 0.306295 -0.075384 0.761448 -0.191665 0.598072 0.075561 0.675700 0.454777 0.322302 -0.481858 0.332353 0.811460 2.348482 -0.590639 -0.301637 -0.284816 0.525643 -0.666579 -0.170129 0.416436 -0.815163 -0.315715 0.213866 -0.549268 0.049019 -0.017157 0.195769 0.059344 -0.876540 0.110572 0.235573 0.112604 0.486480 0.532344 -0.873422 0.125916 0.964159 -0.144114 0.005982 -0.075702 -0.063284 -0.204440 0.740948 -0.008412 0.291164 0.220439 0.067061 -0.313285 -0.769383 0.086262 1.119991 -2.382188 0.192367 -0.308657 -0.087588 0.338292 -0.580957 0.369093 -0.395263 0.586817 0.390205 -0.371879 0.347391 0.394873 0.557343 0.201408 -0.375392 0.407935 0.570971 0.154340 0.359099 0.396315 -0.902669 0.649798 -0.075656 -0.196251 0.380091
Universitas Sumatera Utara
84--C 85--C 86--C 87--C 88--C 89--C 90--C 91--C 92--C 93--C 94--C 95--C 96--C 97--C 98--C 99--C 100--C 101--C 102--C 103--C 104--C 105--C 106--C 107--C 108--C 109--C 110--C 111--C 113--C 114--C 115--C 116--C 117--C 118--C 119--C 120--C 121--C 122--C 123--C 124--C 125--C 126--C 127--C 128--C 129--C 130--C 131--C 132--C 133--C 134--C 135--C 136--C 137--C 138--C 139--C 140--C 141--C 142--C 143--C 144--C 145--C 146--C 147--C 148--C 149--C 150--C 151--C 152--C 153--C 154--C 155--C 156--C 157--C 158--C 159--C 160--C 161--C 162--C
-1.288008 -0.014942 -0.001564 0.748062 -0.228728 0.433378 -0.003980 -0.725834 0.545768 0.080678 -2.020710 -1.320269 0.401023 -0.339837 0.581266 0.927995 0.660796 0.822865 -0.987700 -0.081146 -0.059990 0.292249 -0.198276 -0.632588 0.546735 2.722966 0.248899 -1.592436 -1.248384 0.419398 5.105069 0.558933 -1.411640 -0.515600 -0.773460 1.954437 -1.774211 -0.145784 3.991005 0.177030 -0.230128 -0.108476 1.060924 1.288024 -1.269499 0.160433 0.807334 0.108640 1.359057 -0.103883 -0.105240 1.496010 1.117017 -0.274939 1.425928 0.580157 0.507605 -0.837798 1.103345 1.460372 -0.855643 -0.705880 -1.559190 -0.017426 0.362310 0.265481 0.421091 0.309687 -0.286770 -0.225463 0.190050 -0.759709 0.521928 -0.125381 -0.827782 -0.224906 -0.598654 0.737708
Universitas Sumatera Utara
163--C 164--C 165--C 166--C 167--C 168--C 169--C 170--C 171--C 172--C 173--C 174--C 175--C 176--C 177--C 178--C 179--C 180--C 181--C 182--C 183--C 184--C 185--C 186--C 188--C 189--C 190--C 191--C 192--C 193--C 194--C 195--C 196--C 197--C 198--C 199--C 200--C 201--C 202--C 203--C 204--C 205--C 206--C 207--C 208--C 209--C 210--C 211--C
-0.008148 -1.864226 -0.839922 -1.152571 -0.012187 -0.824367 -0.058441 0.460604 1.493120 -0.546813 -1.380873 0.238090 0.392659 0.182048 -0.052241 0.652760 1.159267 0.216349 0.523555 -1.473261 0.382615 0.377906 0.215756 -0.504115 -0.198687 -0.103237 -0.064551 -1.458585 -0.330959 0.294996 0.780794 -0.338495 -0.765689 -0.161728 0.681300 -0.348544 -0.778548 -0.463185 -1.294055 -1.095085 -0.636395 -2.003918 -2.173729 -2.075221 1.019885 -1.055341 -1.367248 -0.275806 Effects Specification
Cross-section fixed (dummy variables) R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.909706 0.863151 0.277779 32.17623 44.74217 19.54062 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
0.810578 0.750894 0.541099 2.059743 1.130853 2.241459
Uji Hipotesis Substruktur II. Dependent Variable: N_PERUSAHAAN? Method: Pooled Least Squares Date: 08/14/16 Time: 17:20 Sample: 2013 2015 Included observations: 3 Cross-sections included: 211 Total pool (balanced) observations: 633 Variable
Coefficient
Std. Error
t-Statistic
Prob.
Universitas Sumatera Utara
C PROFITABILITAS? ASSET TANGIBILITY? TINGKAT PERT UMBUHAN? UKURAN PERUSAHAAN? NON-DEBT TAX SHIELD? S_MODAL? Fixed Effects (Cross) 1--C 2--C 3--C 4--C 5--C 6--C 7--C 8--C 9--C 10--C 11--C 12--C 13--C 14--C 15--C 16--C 17--C 18--C 19--C 20--C 21--C 22--C 23--C 24--C 25--C 26--C 27--C 28--C 29--C 30--C 31--C 32--C 33--C 34--C 35--C 36--C 37--C 38--C 39--C 40--C 41--C 42--C 43--C 44--C 45--C 46--C 47--C 48--C 49--C 50--C 51--C 52--C 53--C 54--C 55--C 56--C 57--C 58--C 59--C 60--C 61--C 62--C 63--C 64--C 65--C 66--C 67--C 68--C 69--C 70--C
351.5038 2.444180 13.38615 7.385201 -18.70332 54.11606 0.430127
48.55341 5.176959 5.792670 2.351254 2.541562 41.89296 0.904846
7.239528 0.472127 2.310877 3.140963 -7.358987 1.291770 0.475359
0.0000 0.6371 0.0213 0.0018 0.0000 0.1972 0.6348
-28.25825 -34.93204 -14.56611 -9.284245 -20.50819 -18.34147 -1.957274 -8.064848 -18.19589 -1.888045 -16.21365 -37.71083 -11.06299 -32.88258 3.265056 -2.469887 -40.53342 -0.309326 -7.119802 -1.370764 -16.39880 -17.12237 -51.28936 0.641436 27.01029 -41.49569 6.999587 -16.46951 -32.28873 27.50327 -20.98925 -29.76265 -28.56539 -32.44177 28.68698 -23.20723 -21.81150 -27.94406 -32.20061 -28.98328 15.80194 -24.31449 -20.63007 -7.547728 -12.81119 -3.470884 -22.93120 -13.23079 24.49084 -5.834129 1.482611 -30.86091 -27.42878 -3.055152 8.118807 -35.27185 -17.39658 67.57311 -16.18146 6.532555 -12.43454 -30.16779 20.95699 -31.64680 -8.301880 -26.72838 -42.30836 12.74964 -38.48581 -18.34217
Universitas Sumatera Utara
71--C 72--C 73--C 74--C 75--C 76--C 77--C 78--C 79--C 80--C 81--C 82--C 83--C 84--C 85--C 86--C 87--C 88--C 89--C 90--C 91--C 92--C 93--C 94--C 95--C 96--C 97--C 98--C 99--C 100--C 101--C 102--C 103--C 104--C 105--C 106--C 107--C 108--C 109--C 110--C 111--C 112--C 113--C 114--C 115--C 116--C 117--C 118--C 119--C 120--C 121--C 122--C 123--C 124--C 125--C 126--C 127--C 128--C 130--C 131--C 132--C 133--C 134--C 135--C 136--C 137--C 138--C 139--C 140--C 141--C 142--C 143--C 144--C 145--C 146--C 148--C 149--C 150--C
-11.74288 -19.39685 6.135891 -43.44848 -34.87386 -17.11979 -10.20081 -27.74726 18.01527 -18.55336 13.41348 0.593953 -32.69566 20.12627 -21.09534 31.99267 -47.90369 20.32501 -4.159494 34.16059 6.160755 -7.654888 -14.42244 87.22750 32.79682 -21.40904 0.998608 -45.00217 -3.143626 -10.50806 -22.89317 39.38827 11.22304 -10.62782 -37.69292 -10.48885 -1.251405 -33.11193 -30.10113 -1.800645 59.92527 59.43232 46.02590 -34.31504 -17.44121 -52.37500 67.55021 -4.439149 61.27281 -65.37556 46.89554 177.0282 -11.98064 33.51097 6.093837 -10.78860 -26.67512 -19.25575 -24.33785 -49.13097 -13.28021 -1.922020 27.46910 16.35891 -23.99346 -52.65603 -13.20185 -14.36022 -3.011734 -4.873807 5.999492 -27.26874 -41.05419 3.434775 28.04190 -4.665906 -29.29052 -22.34333
Universitas Sumatera Utara
151--C 152--C 153--C 154--C 155--C 156--C 157--C 158--C 159--C 160--C 161--C 163--C 164--C 165--C 166--C 167--C 168--C 169--C 170--C 171--C 172--C 173--C 174--C 175--C 176--C 177--C 178--C 179--C 180--C 181--C 182--C 183--C 184--C 185--C 186--C 188--C 189--C 190--C 191--C 192--C 193--C 194--C 195--C 196--C 197--C 198--C 199--C 200--C 201--C 202--C 203--C 204--C 205--C 206--C 207--C 208--C 209--C 210--C 211--C
-9.205780 -32.07448 -8.600024 46.59065 -3.572140 38.54695 -28.23029 0.039034 18.49891 6.447385 5.388001 -9.500568 73.45122 17.86341 42.98203 0.401952 65.82281 -28.15983 -6.988317 -26.36591 8.404978 43.67798 -8.235286 25.73704 25.66291 4.396225 -20.82746 10.25748 -28.96538 -43.64319 35.91430 -29.39545 10.95030 -35.64166 47.76882 -16.13509 -23.80942 -18.80782 28.55669 0.018362 -5.819203 -48.60631 -8.359373 31.79587 33.57468 -12.77019 66.13957 43.42012 75.54723 37.63323 56.55176 60.62564 99.64050 103.3423 75.87654 25.51130 65.15565 44.12058 28.79191 Effects Specification
Cross-section fixed (dummy variables) R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.922434 0.882159 5.132656 10959.17 -1800.676 22.90352 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
3.134918 14.95182 6.374962 7.900637 6.967447 1.601233
Universitas Sumatera Utara
Analisis Statistik Deskriptif Dummy Negara Indonesia dan negara lainnya. INDONESIA
KET
NEGARA LAINNYA
ROA
FATA
GROWTH
SIZE
NDTS
SM
NP
ROA
FATA
GROWTH
SIZE
NDTS
SM
NP
Mean
0.093
0.346
0.021
19.03
0.034
0.968
4.758
0.075
0.323
0.053
18.98
0.032
0.720
2.202
Median
0.072
0.300
0.017
18.83
0.027
0.744
1.068
0.061
0.320
0.035
18.57
0.029
0.559
0.528
Max
0.863
0.846
0.478
23.66
0.407
7.439
214.51
0.548
0.839
0.689
24.71
0.179
3.677
127.7
Min
0.000
0.044
-0.249
15.28
0.004
0.065
-0.192
0.001
0.012
-0.995
15.35
0.000
0.034
-0.736
Std. Dev.
0.100
0.180
0.116
1.684
0.003
0.945
20.771
0.065
0.186
0.117
1.741
0.022
0.594
10.12
Prob
0.000
0.000
0.000
0.014
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
Obs
231
231
231
231
231
231
231
402
402
402
402
402
402
402
Uji Hipotesis Substruktur I Negara Indonesia Dependent Variable: X6? Method: Pooled Least Squares Date: 10/13/16 Time: 18:54 Sample: 2013 2015 Included observations: 3 Cross-sections included: 77 Total pool (balanced) observations: 231 Variable
Coefficient
Std. Error
t-Statistic
Prob.
C X1? X2? X3? X4? X5?
8.438694 -0.832075 -1.364262 0.350033 -0.354085 -5.477764
7.325367 0.482195 0.871178 0.293992 0.385275 5.579590
1.151983 -1.725597 -1.565997 1.190622 -0.919046 -0.981750
0.2512 0.0865 0.1195 0.2357 0.3596 0.3278
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.901903 0.848574 0.367850 20.16170 -46.11270 16.91232 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
0.968129 0.945302 1.109201 2.331185 1.602069 2.248657
Uji Hipotesis Substruktur I Negara Lainnya Dependent Variable: X6? Method: Pooled Least Squares Date: 10/13/16 Time: 18:59 Sample: 2013 2015 Included observations: 3 Cross-sections included: 134 Total pool (balanced) observations: 402 Variable
Coefficient
Std. Error
t-Statistic
Prob.
C X1? X2? X3? X4? X5?
-13.49525 -0.737611 0.140723 0.120280 0.745582 1.906204
2.145146 0.321187 0.263959 0.115021 0.111820 1.968756
-6.291064 -2.296515 0.533123 1.045723 6.667682 0.968227
0.0000 0.0224 0.5944 0.2966 0.0000 0.3338
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.925213 0.885971 0.200799 10.60423 160.2617 23.57717 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
0.720044 0.594640 -0.105780 1.276078 0.441346 2.348601
Universitas Sumatera Utara
Uji Hipotesis Substruktur II Negara Indonesia Dependent Variable: X7? Method: Pooled Least Squares Date: 10/13/16 Time: 18:55 Sample: 2013 2015 Included observations: 3 Cross-sections included: 77 Total pool (balanced) observations: 231 Variable
Coefficient
Std. Error
t-Statistic
Prob.
C X1? X2? X3? X4? X5? X6?
145.7598 2.361413 -3.895968 9.384064 -7.344450 7.131771 -0.534226
97.50900 6.453711 11.63969 3.914545 5.120215 74.18093 1.085667
1.494835 0.365900 -0.334714 2.397230 -1.434403 0.096140 -0.492072
0.1371 0.7150 0.7383 0.0178 0.1536 0.9235 0.6234
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.964559 0.944922 4.874840 3517.081 -642.2777 49.12071 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
4.758313 20.77167 6.279461 7.516347 6.778340 1.648947
Uji Hipotesis Substruktur II Negara Lainnya. Dependent Variable: X7? Method: Pooled Least Squares Date: 10/13/16 Time: 19:00 Sample: 2013 2015 Included observations: 3 Cross-sections included: 134 Total pool (balanced) observations: 402 Variable
Coefficient
Std. Error
t-Statistic
Prob.
C X1? X2? X3? X4? X5? X6?
439.1383 6.766834 15.86129 3.928789 -23.52189 53.45528 2.892106
59.32027 8.363257 6.808896 2.971553 3.117033 50.84758 1.589746
7.402839 0.809115 2.329495 1.322133 -7.546245 1.051285 1.819225
0.0000 0.4192 0.0206 0.1873 0.0000 0.2941 0.0700
R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Prob(F-statistic)
0.829129 0.738476 5.176872 7021.601 -1145.332 9.146204 0.000000
Mean dependent var S.D. dependent var Akaike info criterion Schwarz criterion Hannan-Quinn criter. Durbin-Watson stat
2.202071 10.12306 6.394689 7.786488 6.945751 1.589934
Universitas Sumatera Utara
Lampiran 9: Output Test Sobel Profitabilitas
Asset Tangibility
Tingkat Pertumbuhan
Universitas Sumatera Utara
Lanjutan Lampiran 9: Output Test Sobel Ukuran Perusahaan
Non-Debt Tax Shield
Universitas Sumatera Utara
