Peran Environmental Performance Terhadap Environmental Disclosure Dan Economic Performance Bagi Perusahaan Yang Ada Di Bursa Efek Indonesia
LAMPIRAN Lampiran 1. Data deviden untuk menghitung economic performance tahun 2011-2013
4
PROPER 2011 skor
1 PT Holcim Indonesia Tbk SMCB EMAS
5
2 PT Unilever Indonesia Tbk UNVR HIJAU
4
3 PT Asahimas Flat Glass Tbk AMFG HIJAU
4
4 PT Indocement Tunggal Prakarsa Tbk
INTP HIJAU
5 PT Indofood CBP Sukses Makmur Tbk
Data variabel Environmental Performance pada tahun 2011-2013
ICBP BIRU
3
6 PT Kimia Farma Tbk KAEF BIRU
3
7 PT Kalbe Farma Tbk KLBF BIRU
3
8 PT Gudang Garam Tbk GGRM MERAH 2
9 PT Kabelindo Murni Tbk KBLM HITAM
1
10 PT Charoen Phokpan Tbk CPIN HITAM
No Nama Perusahaan Kode Peringkat
46 Sumber: yahoo finance
Lampiran 2.
No Kode 2011 2012 2013 Div Div Div
5 ICBP 116 169 186
1 SMCB
23
32
48
2 UNVR 250 300 300
3 AMFG
80
80
80
4 INTP 263 293 450
6 KAEF 4.995 6.185 5.5401
42
7 KLBF
70
95
19
8 GGRM 800 1000 680
9 KBLM
2
3
3
10 CPIN 39.799999
1 Sumber: kementrian lingkungan hidup, PROPER No Nama Perusahaan Kode
Peringkat PROPER 2012 skor
ICBP BIRU
2 PT Unilever Indonesia Tbk UNVR EMAS
5
3 PT Asahimas Flat Glass Tbk AMFG BIRU
3
4 PT Indocement Tunggal Prakarsa Tbk
INTP EMAS
5
5 PT Indofood CBP Sukses Makmur Tbk
3
1 PT Holcim Indonesia Tbk SMCB EMAS
6 PT Kimia Farma Tbk KAEF BIRU
3
7 PT Kalbe Farma Tbk KLBF BIRU
3
8 PT Gudang Garam Tbk GGRM MERAH 2
9 PT Kabelindo Murni Tbk KBLM HITAM
1
10 PT Charoen Phokpan Tbk CPIN BIRU
5
Peringkat PROPER 2013 skor
1 PT Holcim Indonesia Tbk SMCB EMAS
5 PT Indofood CBP Sukses Makmur Tbk
5
2 PT Unilever Indonesia Tbk UNVR EMAS
5
3 PT Asahimas Flat Glass Tbk AMFG BIRU
3
4 PT Indocement Tunggal Prakarsa Tbk
INTP EMAS
5
ICBP BIRU
3 Sumber: kementrian lingkungan hidup, PROPER No Nama Perusahaan Kode
3
6 PT Kimia Farma Tbk KAEF BIRU
3
7 PT Kalbe Farma Tbk KLBF BIRU
3
8 PT Gudang Garam Tbk GGRM MERAH 2
9 PT Kabelindo Murni Tbk KBLM HITAM
1
10 PT Charoen Phokpan Tbk CPIN BIRU
3 Sumber: kementrian lingkungan hidup, PROPER
Lampiran 3. Data variabel Environmental Disclosure pada tahun 2011-2013
50
4 INTP 5 6 0,833333 83,33333
5 ICBP
3 6 0,5
50
6 KAEF
3 6 0,5
50
7 KLBF
3 6 0,5
8 GGRM 2 6 0,333333 33,33333
3 6 0,5
9 KBLM 1 6 0,166667 16,66667
10 CPIN
3 6 0,5
50 Sumber: data sekunder yang diolah No Kode
2013 Yg dilaporkan wajib ED %
1 SMCB 5 6 0,833333 83,33333
2 UNVR 5 6 0,833333 83,33333
3 AMFG
3 6 0,5
50
3 AMFG
No Kode 2011
3 6 0,5
Yg dilaporkan wajib ED %
1 SMCB 5 6 0,833333 83,33333
2 UNVR 4 6 0,666667 66,66667
3 AMFG 4 6 0,666667 66,66667
4 INTP 4 6 0,666667 66,66667
5 ICBP
3 6 0,5
50
6 KAEF
50
2 UNVR 5 6 0,833333 83,33333
7 KLBF
3 6 0,5
50
8 GGRM 2 6 0,333333 33,33333
9 KBLM 1 6 0,166667 16,66667
10 CPIN 1 6 0,166667 16,66667 Sumber: data sekunder yang diolah
No Kode 2012
Yg dilaporkan wajib ED %
1 SMCB 5 6 0,833333 83,33333
50
4 INTP 5 6 0,833333 83,33333
5 ICBP
3 6 0,5
50
6 KAEF
3 6 0,5
50
7 KLBF
3 6 0,5
50
8 GGRM 2 6 0,333333 33,33333
9 KBLM 1 6 0,166667 16,66667
10 CPIN
3 6 0,5
50 Lampiran 4.
Data untuk menghitung economic performance pada tahun 2011-2013
2011 No Kode
P1 Po div MeRI
1 SMCB 2175 1970 23 0,052030457
2 UNVR 18800 15050 250 0,124584718
3 AMFG 6550 4575 80 0,215846995
4 INTP 17050 13550 263 0,129151292
5 ICBP 5200 4575 116 0,068306011
6 KAEF 340 146 4.995 0,664383562
7 KLBF 3400 2825 70 0,101769912
8 GGRM 62050 37250 800 0,332885906
9 KBLM 114 110 2 0,018181818
10 CPIN 2150 1490 39.799 0,22147651 Sumber: data sekunderyang diolah
2012 No Kode
P1 Po div MeRI
1 SMCB 2900 2225 32 0,151685393
2 UNVR 21200 19600 300 0,040816327
3 AMFG 8300 6900 80 0,101449275
4 INTP 22650 16950 293 0,168141593
5 ICBP 8100 5100 169 0,294117647
6 KAEF 720 470 6.185 0,265957447
7 KLBF 1030 3525 95 -0,353900709
8 GGRM 56000 57000 1000 -0,00877193
9 KBLM 128 115 3 0,056521739
10 CPIN 3500 2500 42 0,2 Sumber: data sekunder yang diolah
2013 No Kode
P1 Po div MeRI
1 SMCB 2275 3100 48 -0,133064516
2 UNVR 26000 22050 300 0,089569161
3 AMFG 7000 8150 80 -0,070552147
4 INTP 20000 21750 450 -0,040229885
3 AMFG 80.21585 80.10145 79.92945
9 KBLM 2.018182 3.056522 3.158333
8 GGRM 800.3329 999.9912 679.905
7 KLBF 70.10177 94.6461 19.07339
6 KAEF 4995.664 6185.266 5539.786
5 ICBP 116.0683 169.2941 186.1375
4 INTP 263.1292 293.1681 449.9598
2 UNVR 250.1246 300.0408 300.0896
5 ICBP 10200 8000 186 0,1375
1 SMCB 23.05203 32.15916 47.86694
No Kode 2011 2012 2013
10 CPIN 3375 3875 46 -0,064516129 Data Variabel Economic Performance
9 KBLM 158 120 3 0,158333333
8 GGRM 42000 51850 680 -0,094985535
7 KLBF 1250 1090 19 0,073394495
6 KAEF 590 1030 5.540 -0,213592233
10 CPIN 39.79922 42.2 45.93548
Lampiran 5. Hasil Estimasi Dengan Metode Fixed Effect Model (FEM)
Dependent Variable: EVP? Method: Pooled Least Squares Date: 04/16/15 Time: 09:19 Sample: 2011 2013 Included observations: 3 Cross-sections included: 10 Total pool (balanced) observations: 30 Variable Coefficient Std. Error t-Statistic Prob.
C -5.49E-07
8.39E-07 -0.653711 0.5216 EVD? 0.060000
1.52E-08 3949616. 0.0000 EP?
4.47E-12
1.68E-11 0.265609 0.7936 Fixed Effects (Cross)
_SMCB--C -2.19E-07 _UNVR--C -2.89E-07
_AMFG--C -1.64E-07 _INTP--C -2.90E-07 _ICBP--C -3.27E-08
_KAEF--C -5.70E-08 _KLBF--C -3.23E-08
_GGRM--C
9.58E-07 _KBLM--C
1.55E-07 _CPIN--C -2.91E-08
Effects Specification Cross-section fixed (dummy variables) R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression
3.59E-07 Akaike info criterion -26.55177 Sum squared resid
2.32E-12 Schwarz criterion -25.99129 Log likelihood 410.2766 Hannan-Quinn criter. -26.37247 F-statistic
3.44E+13 Durbin-Watson stat 2.143945 Prob(F-statistic) 0.000000 Redundant Fixed Effects Tests Pool: POOL1 Test cross-section fixed effects Effects Test Statistic d.f. Prob.
Cross-section F 1.761714 (9,18) 0.1465 Cross-section Chi-square 18.951823 9 0.0256 Lampiran 6.
Hasil Estimasi Dengan Metode Random Effects Model
Dependent Variable: EVP? Method: Pooled EGLS (Cross-section random effects) Date: 04/16/15 Time: 09:21 Sample: 2011 2013 Included observations: 3 Cross-sections included: 10 Total pool (balanced) observations: 30 Swamy and Arora estimator of component variances Variable Coefficient Std. Error t-Statistic Prob.
C
3.95E-08
2.77E-07 0.142494 0.8877 EVD? 0.060000
4.69E-09 12799871 0.0000 EP? -5.39E-12
1.09E-11 -0.494470 0.6250 Random Effects (Cross)
_SMCB--C
4.31E-08 _UNVR--C -2.51E-08
_AMFG--C -8.60E-08 _INTP--C -2.50E-08 _ICBP--C -4.69E-08
_KAEF--C -3.12E-08 _KLBF--C -4.72E-08
_GGRM--C
3.95E-07 _KBLM--C -1.38E-07
_CPIN--C -3.89E-08 Effects Specification
S.D. Rho Cross-section random
2.24E-07 0.2806 Idiosyncratic random
3.59E-07 0.7194 Weighted Statistics
R-squared 1.000000 Mean dependent var 2.172264 Adjusted R-squared 1.000000 S.D. dependent var 0.928549 S.E. of regression
3.50E-07 Sum squared resid
3.30E-12 F-statistic
1.02E+14 Durbin-Watson stat 1.547860 Prob(F-statistic) 0.000000 Unweighted Statistics R-squared 1.000000 Mean dependent var 3.200000 Sum squared resid
4.37E-12 Durbin-Watson stat 1.168760 Correlated Random Effects - Hausman Test Pool: POOL1 Test cross-section random effects Chi-Sq. Test Summary Statistic Chi-Sq. d.f. Prob. Cross-section random 0.593562 2 0.7432 Lampiran 7.
Hasil Estimasi Dengan Metode Ordinary Least Square (OLS)
Dependent Variable: EVP? Method: Pooled Least Squares Date: 04/16/15 Time: 09:19 Sample: 2011 2013 Included observations: 3 Cross-sections included: 10 Total pool (balanced) observations: 30 Variable Coefficient Std. Error t-Statistic Prob.
C -5.49E-07
8.39E-07 -0.653711 0.5216 EVD? 0.060000
1.52E-08 3949616. 0.0000 EP?
4.47E-12
1.68E-11 0.265609 0.7936 Fixed Effects (Cross)
_SMCB--C -2.19E-07 _UNVR--C -2.89E-07
_AMFG--C -1.64E-07 _INTP--C -2.90E-07 _ICBP--C -3.27E-08
_KAEF--C -5.70E-08 _KLBF--C -3.23E-08
_GGRM--C
9.58E-07 _KBLM--C
1.55E-07 _CPIN--C -2.91E-08
Effects Specification Cross-section fixed (dummy variables) R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression
3.59E-07 Akaike info criterion -26.55177 Sum squared resid
2.32E-12 Schwarz criterion -25.99129 Log likelihood 410.2766 Hannan-Quinn criter. -26.37247 F-statistic
3.44E+13 Durbin-Watson stat 2.143945 Prob(F-statistic) 0.000000 Lampiran 8.
Hasil Estimasi dengan Metode Hausman Test
Correlated Random Effects - Hausman Test Pool: POOL1 Test cross-section random effects Chi-Sq.
Test Summary Statistic Chi-Sq. d.f. Prob. Cross-section random 0.593562 2 0.7432 Cross-section random effects test comparisons: Variable Fixed Random Var(Diff.) Prob.
EVD? 0.060000 0.060000 0.000000 0.4613 EP? 0.000000 -0.000000 0.000000 0.4423
Cross-section random effects test equation: Dependent Variable: EVP? Method: Panel Least Squares Date: 04/16/15 Time: 09:22 Sample: 2011 2013 Included observations: 3 Cross-sections included: 10 Total pool (balanced) observations: 30 Variable Coefficient Std. Error t-Statistic Prob.
C -5.49E-07
8.39E-07 -0.653711 0.5216 EVD? 0.060000
1.52E-08 3949616. 0.0000 EP?
4.47E-12
1.68E-11 0.265609 0.7936 Effects Specification
Cross-section fixed (dummy variables) R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression
3.59E-07 Akaike info criterion -26.55177 Sum squared resid
2.32E-12 Schwarz criterion -25.99129 Log likelihood 410.2766 Hannan-Quinn criter. -26.37247 F-statistic
3.44E+13 Durbin-Watson stat 2.143945 Prob(F-statistic) 0.000000 Lampiran 9.
Statistic Deskriptif
EVP EVD EP Mean 3.200000 53.33300 2065.057 Median 3.000000 50.00000 142.6800 Maximum 5.000000 83.33000 39799.22 Minimum 1.000000 16.67000 2.020000 Std. Dev. 1.297212 21.61883 7317.359 Skewness -0.088689 -0.088714 4.806165 Kurtosis 2.200215 2.199992 25.23643 Jarque-Bera 0.838899 0.839367 733.5694 Probability 0.657409 0.657255 0.000000 Sum 96.00000 1599.990 61951.70 Sum Sq. Dev. 48.80000 13553.84
1.55E+09 Observations
30
30
30 Lampiran 10.
Uji Autokorelasi
Dependent Variable: EVP Method: Panel Least Squares Date: 04/19/15 Time: 10:12 Sample: 2011 2013 Periods included: 3 Cross-sections included: 10 Total panel (balanced) observations: 30 Variable Coefficient Std. Error t-Statistic Prob.
C -0.000631 0.000220 -2.864012 0.0103 EVD 0.060012
3.99E-06 15053.27 0.0000 EP
5.05E-09
4.42E-09 1.143112 0.2680 Effects Specification Cross-section fixed (dummy variables) R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression
9.42E-05 Akaike info criterion -15.41221 Sum squared resid
1.60E-07 Schwarz criterion -14.85174 Log likelihood 243.1832 Hannan-Quinn criter. -15.23291 F-statistic
4.99E+08 Durbin-Watson stat 2.144459 Prob(F-statistic) 0.000000 Lampiran 11.
Hasil Estimasi Regresi
Dependent Variable: EVP Method: Panel Least Squares Date: 04/19/15 Time: 12:27 Sample: 2011 2013 Cross-sections included: 10 Total panel (balanced) observations: 30 Variable Coefficient Std. Error t-Statistic Prob.
C -0.000166
7.09E-05 -2.338185 0.0270 EVD 0.060004
1.20E-06 50075.36 0.0000 EP -2.02E-09
3.54E-09 -0.570121 0.5733 R-squared 1.000000 Mean dependent var 3.200000 Adjusted R-squared 1.000000 S.D. dependent var 1.297212 S.E. of regression 0.000132 Akaike info criterion -14.93805 Sum squared resid
4.68E-07 Schwarz criterion -14.79793 Log likelihood 227.0707 F-statistic
1.41E+09 Durbin-Watson stat 0.914190 Prob(F-statistic) 0.000000