Analisi Pengaruh Free Cash Flow dan Kepemilikan Saham Terhadap Kebijakan Hutang Pada Perusahaan Manufaktur di BEI Tahun 2011 - 2013
LAMPIRAN
Daftar Populasi dan Sampel Penelitian
NAMA
PERUSAHAAN
Basic Industry
1
AKKU
2
AKPI
3
ALDO
4
ALKA
5
ALMI
6
AMFG
7
APLI
8
ARNA
9
BAJA
10 BRNA
11 BRPT
12 BTON
13 BUDI
14 CPIN
15 CTBN
16 DAJK
17 DPNS
18 EKAD
19 ETWA
20 FASW
21 FPNI
22 GDST
23 IGAR
24 IKAI
25 INAI
26 INCI
27 INKP
28 INRU
29 INTP
30 IPOL
31 ISSP
32 ITMA
33 JKSW
34 JPFA
NO
1
KRITERIA
2
3
4
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
SAMPLE
X
X
X
X
X
X
X
X
X
X
X
(1)
X
(2)
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(3)
(4)
X
X
X
X
Universitas Sumatera Utara
35 JPRS
36 KBRI
37 KDSI
38 KIAS
39 KRAS
40 LION
41 LMSH
42 MAIN
43 MLIA
44 MYRX
45 NIKL
46 PICO
47 SIAP
48 SIMA
49 SIPD
50 SMBR
51 SMCB
52 SMGR
53 SOBI
54 SPMA
55 SRSN
56 SULI
57 TALF
58 TBMS
59 TIRT
60 TKIM
61 TOTO
62 TPIA
63 TRST
64 UNIC
65 WTON
66 YPAS
Miscellaneous Industry
67 ADMG
68 ARGO
69 ASII
70 AUTO
71 BATA
72 BIMA
73 BRAM
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(5)
X
X
X
X
X
X
(6)
X
X
X
(7)
X
X
X
X
(8)
(9)
X
X
X
X
X
X
X
X
(10)
X
X
X
X
X
X
X
X
X
(11)
X
(12)
Universitas Sumatera Utara
74 CNTX
75 ERTX
76 ESTI
77 GDYR
78 GJTL
79 HDTX
80 IKBI
81 IMAS
82 INDR
83 INDS
84 JECC
85 KARW
86 KBLI
87 KBLM
88 KRAH
89 LPIN
90 MASA
91 MYTX
92 NIPS
93 PBRX
94 POLY
95 PRAS
96 PTSN
97 RICY
98 SCCO
99 SMSM
100 SRIL
101 SSTM
102 STAR
103 TFCO
104 TRIS
105 UNIT
106 UNTX
107 VOKS
Consumer Goods
108 ADES
109 AISA
110 ALTO
111 CEKA
112 CINT
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(13)
X
X
X
X
X
X
X
X
X
X
X
X
X
(14)
X
X
X
X
X
X
X
(15)
(16)
X
X
X
X
X
X
X
Universitas Sumatera Utara
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
140
141
142
143
144
DAVO
DLTA
DVLA
GGRM
HMSP
ICBP
INAF
INDF
KAEF
KICI
KLBF
LMPI
MBTO
MERK
MLBI
MRAT
MYOR
PSDN
PYFA
RMBA
ROTI
SCPI
SIDO
SKBM
SKLT
SQBB
STTP
TCID
TSPC
ULTJ
UNVR
WIIM
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Universitas Sumatera Utara
LAMPIRAN 2 : OUTPUT SPSS
Statistik Deskriptif
N
Minimum
Maximum
Mean
Std. Deviation
FREE CASH FLOW
81
-,71
,57
-,2350
,25953
MANAGERIAL
81
,33
,96
,7102
,17235
81
,04
,67
,2885
,17249
DEBT TO EQUITY RASIO
81
,04
2,15
,8400
,58347
Valid N (listwise)
81
OWNERSHIP
INSTITUTIONAL
OWNERSHIP
Hasil Uji Normalitas
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N
Normal Parameters
81
a,b
Mean
Std. Deviation
Most Extreme Differences
Kolmogorov-Smirnov Z
Asymp. Sig. (2-tailed)
,0000000
,47967213
Absolute
,116
Positive
,116
Negative
-,052
1,045
,225
Universitas Sumatera Utara
Histogram Sebelum Transformasi Logaritma
Grafik Normal P-Plot Sebelum Transformasi Logaritma
Universitas Sumatera Utara
Hasil Uji Normalitas Pada Data Setelah Transformasi Logaritma Natural
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N
81
Normal Parameters
a,b
Mean
Std. Deviation
Most Extreme Differences
,0000000
,45405379
Absolute
,074
Positive
,074
Negative
-,050
Kolmogorov-Smirnov Z
,663
Asymp. Sig. (2-tailed)
,772
Histogram Setelah Transformasi Logaritma
Universitas Sumatera Utara
Grafik Normal P-Plot Setelah Transformasi Logaritma
Hasil Uji Multikolinearitas
Model
Collinearity Statistics
Tolerance
1
VIF
FREE CASH FLOW
,993
1,007
MANAGERIAL
,003
394,604
,003
394,563
OWNERSHIP
INSTITUTIONAL
OWNERSHIP
Hasil Uji Multikolinearitas Setelah Transformasi
Model
Collinearity Statistics
Tolerance
1
VIF
FREE CASH FLOW
,999
1,001
LN_MOW
,188
5,317
LN_INST
,188
5,317
Universitas Sumatera Utara
Hasil Uji Heteroskedastisitas (Scatterplot)
Hasil Uji Autokorelasi
Model
R
1
,628
R Square
a
Adjusted R
Square
,394
Std. Error of the
Estimate
Durbin-Waston
,46281
1,972
,371
Analisis Hasil Regresi
Model
Standardized
Unstandardized Coefficients
B
1
Std. Error
(Constant)
-,108
,392
FREE CASH FLOW
1,233
,199
-1,578
-,434
LN_MOWNS
LN_INST
Coefficients
Beta
T
Sig.
-,275
,784
,548
6,183
,000
,453
-,713
-3,486
,001
,152
-,584
-2,855
,006
Universitas Sumatera Utara
Hasil Uji F
Model
1
Sum of Squares
df
Mean Square
Regression
10,742
3
3,581
Residual
16,493
77
,214
Total
27,235
80
F
16,716
Sig.
,000
a
Hasil Uji T
Model
1
t
Sig.
(Constant)
-,275
,784
FREE CASH FLOW
6,183
,000
LN_MOWNS
-3,486
,001
LN_INT
-2,855
,006
Universitas Sumatera Utara
Daftar Populasi dan Sampel Penelitian
NAMA
PERUSAHAAN
Basic Industry
1
AKKU
2
AKPI
3
ALDO
4
ALKA
5
ALMI
6
AMFG
7
APLI
8
ARNA
9
BAJA
10 BRNA
11 BRPT
12 BTON
13 BUDI
14 CPIN
15 CTBN
16 DAJK
17 DPNS
18 EKAD
19 ETWA
20 FASW
21 FPNI
22 GDST
23 IGAR
24 IKAI
25 INAI
26 INCI
27 INKP
28 INRU
29 INTP
30 IPOL
31 ISSP
32 ITMA
33 JKSW
34 JPFA
NO
1
KRITERIA
2
3
4
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
SAMPLE
X
X
X
X
X
X
X
X
X
X
X
(1)
X
(2)
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(3)
(4)
X
X
X
X
Universitas Sumatera Utara
35 JPRS
36 KBRI
37 KDSI
38 KIAS
39 KRAS
40 LION
41 LMSH
42 MAIN
43 MLIA
44 MYRX
45 NIKL
46 PICO
47 SIAP
48 SIMA
49 SIPD
50 SMBR
51 SMCB
52 SMGR
53 SOBI
54 SPMA
55 SRSN
56 SULI
57 TALF
58 TBMS
59 TIRT
60 TKIM
61 TOTO
62 TPIA
63 TRST
64 UNIC
65 WTON
66 YPAS
Miscellaneous Industry
67 ADMG
68 ARGO
69 ASII
70 AUTO
71 BATA
72 BIMA
73 BRAM
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(5)
X
X
X
X
X
X
(6)
X
X
X
(7)
X
X
X
X
(8)
(9)
X
X
X
X
X
X
X
X
(10)
X
X
X
X
X
X
X
X
X
(11)
X
(12)
Universitas Sumatera Utara
74 CNTX
75 ERTX
76 ESTI
77 GDYR
78 GJTL
79 HDTX
80 IKBI
81 IMAS
82 INDR
83 INDS
84 JECC
85 KARW
86 KBLI
87 KBLM
88 KRAH
89 LPIN
90 MASA
91 MYTX
92 NIPS
93 PBRX
94 POLY
95 PRAS
96 PTSN
97 RICY
98 SCCO
99 SMSM
100 SRIL
101 SSTM
102 STAR
103 TFCO
104 TRIS
105 UNIT
106 UNTX
107 VOKS
Consumer Goods
108 ADES
109 AISA
110 ALTO
111 CEKA
112 CINT
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
(13)
X
X
X
X
X
X
X
X
X
X
X
X
X
(14)
X
X
X
X
X
X
X
(15)
(16)
X
X
X
X
X
X
X
Universitas Sumatera Utara
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
140
141
142
143
144
DAVO
DLTA
DVLA
GGRM
HMSP
ICBP
INAF
INDF
KAEF
KICI
KLBF
LMPI
MBTO
MERK
MLBI
MRAT
MYOR
PSDN
PYFA
RMBA
ROTI
SCPI
SIDO
SKBM
SKLT
SQBB
STTP
TCID
TSPC
ULTJ
UNVR
WIIM
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
X
Universitas Sumatera Utara
LAMPIRAN 2 : OUTPUT SPSS
Statistik Deskriptif
N
Minimum
Maximum
Mean
Std. Deviation
FREE CASH FLOW
81
-,71
,57
-,2350
,25953
MANAGERIAL
81
,33
,96
,7102
,17235
81
,04
,67
,2885
,17249
DEBT TO EQUITY RASIO
81
,04
2,15
,8400
,58347
Valid N (listwise)
81
OWNERSHIP
INSTITUTIONAL
OWNERSHIP
Hasil Uji Normalitas
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N
Normal Parameters
81
a,b
Mean
Std. Deviation
Most Extreme Differences
Kolmogorov-Smirnov Z
Asymp. Sig. (2-tailed)
,0000000
,47967213
Absolute
,116
Positive
,116
Negative
-,052
1,045
,225
Universitas Sumatera Utara
Histogram Sebelum Transformasi Logaritma
Grafik Normal P-Plot Sebelum Transformasi Logaritma
Universitas Sumatera Utara
Hasil Uji Normalitas Pada Data Setelah Transformasi Logaritma Natural
One-Sample Kolmogorov-Smirnov Test
Unstandardized
Residual
N
81
Normal Parameters
a,b
Mean
Std. Deviation
Most Extreme Differences
,0000000
,45405379
Absolute
,074
Positive
,074
Negative
-,050
Kolmogorov-Smirnov Z
,663
Asymp. Sig. (2-tailed)
,772
Histogram Setelah Transformasi Logaritma
Universitas Sumatera Utara
Grafik Normal P-Plot Setelah Transformasi Logaritma
Hasil Uji Multikolinearitas
Model
Collinearity Statistics
Tolerance
1
VIF
FREE CASH FLOW
,993
1,007
MANAGERIAL
,003
394,604
,003
394,563
OWNERSHIP
INSTITUTIONAL
OWNERSHIP
Hasil Uji Multikolinearitas Setelah Transformasi
Model
Collinearity Statistics
Tolerance
1
VIF
FREE CASH FLOW
,999
1,001
LN_MOW
,188
5,317
LN_INST
,188
5,317
Universitas Sumatera Utara
Hasil Uji Heteroskedastisitas (Scatterplot)
Hasil Uji Autokorelasi
Model
R
1
,628
R Square
a
Adjusted R
Square
,394
Std. Error of the
Estimate
Durbin-Waston
,46281
1,972
,371
Analisis Hasil Regresi
Model
Standardized
Unstandardized Coefficients
B
1
Std. Error
(Constant)
-,108
,392
FREE CASH FLOW
1,233
,199
-1,578
-,434
LN_MOWNS
LN_INST
Coefficients
Beta
T
Sig.
-,275
,784
,548
6,183
,000
,453
-,713
-3,486
,001
,152
-,584
-2,855
,006
Universitas Sumatera Utara
Hasil Uji F
Model
1
Sum of Squares
df
Mean Square
Regression
10,742
3
3,581
Residual
16,493
77
,214
Total
27,235
80
F
16,716
Sig.
,000
a
Hasil Uji T
Model
1
t
Sig.
(Constant)
-,275
,784
FREE CASH FLOW
6,183
,000
LN_MOWNS
-3,486
,001
LN_INT
-2,855
,006
Universitas Sumatera Utara