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