Analisis Faktor-Faktor Yang Mempengaruhi Ketepatan Waktu Pelaporan Keuangan Pada Perusahaan Sektor Finance Di Bursa Efek Indonesia Dengan Komite Audit Sebagai Variabel Moderating
77
Lampiran 1 Data Perusahaan Sektor Finance
DER
Inside
r
Owne
rship
Outsider
Ownersi
p
Operation
Complexcit
y
Komi
e
Audit
Ketepata
nWaktu Moderatin
Pelapora
g
n
Kode
Perusahaan Sektor Finance
RO
A
ABD
A
Asuransi Bina Dana Arta Tbk 2009
5.99
518268
3.18
2
2
2
4
1
2542.63
Asuransi Bina Dana Arta Tbk 2010
Asuransi Bina Dana Arta Tbk 2011
Asuransi Bina Dana Arta Tbk 2012
Adira Dinamika Multi Finance Tbk
2009
Adira Dinamika Multi Finance Tbk
2010
Adira Dinamika Multi Finance Tbk
2011
Adira Dinamika Multi Finance Tbk
2012
Asuransi Harta Aman Pratama Tbk
2009
Asuransi Harta Aman Pratama Tbk
2010
Asuransi Harta Aman Pratama Tbk
2011
Asuransi Harta Aman Pratama Tbk
2012
MAJAPAHIT SECURITIES Tbk
2009
MAJAPAHIT SECURITIES Tbk
2010
MAJAPAHIT SECURITIES Tbk
2011
MAJAPAHIT SECURITIES Tbk
2012
Asuransi Multi Artha Guna Tbk
2009
6.36
8.92
7.35
845779
1106155
1432974
3.28
1.73
1.43
2
2
2
2
2
2
2
2
2
4
4
4
1
1
1
2844.34
1685.89
1293.88
38.3
4329549
0.63
1
1
1
3
0
95.04
25.4
2
7599615
1
2
1
2
7
1
1435.35
2.82
2
1
2
7
1
3318.98
4.06
2
1
2
7
1
3893.01
ADM
F
AHA
P
AKSI
AMA
G
Asuransi Multi Artha Guna Tbk 2010
Asuransi Multi Artha Guna Tbk
2011
Asuransi Multi Artha Guna Tbk
2012
ASBI
Asuransi Bintang Tbk 2009
Asuransi Bintang Tbk 2010
Asuransi Bintang Tbk 2011
Asuransi Bintang Tbk 2012
12.5
7.45
SIZE
1688945
2
2546045
7
7.26
100770
0.91
2
2
2
3
1
628.67
7.62
126550
1.16
2
2
2
3
1
833.83
10.5
144972
1.06
2
2
2
3
1
890.36
4.37
211287
1.82
2
2
2
3
1
789.82
1.24
95402
0.32
2
1
2
3
1
72.16
2.47
100071
0.4
2
1
2
3
1
67.33
2.57
82557
0.4
2
1
2
3
1
64.89
44.5
10.8
4
10.3
6
71470
0.19
2
1
2
3
1
30.11
506324
0.86
1
2
1
3
0
40.08
654357
0.86
2
2
2
3
1
646.21
10.4
1051935
0.65
2
2
2
3
1
506.56
1329068
0.78
2
2
2
3
1
636.03
186854
1.14
2
2
2
3
1
398.52
243601
1.66
1
1
2
3
0
197.66
245566
374044
1.4
2.54
2
1
2
2
2
2
3
3
1
1
566.48
525.23
11.1
3
1.36
2.35
3.89
3.83
ASD
M
Asuransi Dayin Mitra Tbk 2009
3.2
262885
1.33
2
2
2
3
0
463.34
ASJT
Asuransi Dayin Mitra Tbk 2010
Asuransi Dayin Mitra Tbk 2011
Asuransi Dayin Mitra Tbk 2012
Asuransi Jasa Tania Tbk 2009
Asuransi Jasa Tania Tbk 2010
Asuransi Jasa Tania Tbk 2011
Asuransi Jasa Tania Tbk 2012
5.24
7.88
5.53
5.53
8.72
9.18
7.8
308123
331259
416857
178337
182571
162570
227460
1.38
1.26
1.67
0.78
0.73
1.03
1.53
1
2
1
1
2
2
2
2
2
1
1
1
2
2
2
2
1
2
2
2
2
3
3
3
5
5
5
5
1
1
0
1
1
1
1
346.65
793.47
204.61
255.61
383.05
1095.99
1550.63
ASR
M
Asuransi Ramayana Tbk 2009
8.87
178337
1.87
2
2
2
6
1
2368.92
Asuransi Ramayana Tbk 2010
Asuransi Ramayana Tbk 2011
Asuransi Ramayana Tbk 2012
7.33
6.47
2.61
182571
162570
227460
2.23
2.61
4.85
2
2
2
2
1
2
2
2
2
6
2
6
1
0
1
3879.93
217.26
5626.32
78
BBLD
Buana Finance Tbk 2009
Buana Finance Tbk 2010
Buana Finance Tbk 2011
Buana Finance Tbk 2012
BFIN
BFI Finance Indonesia Tbk 2009
BFI Finance Indonesia Tbk 2010
BFI Finance Indonesia Tbk 2011
BFI Finance Indonesia Tbk 2012
BPFI
CFIN
GSM
F
ITTG
Batavia Prosperindo Finance Tbk
Tbk 2009
Batavia Prosperindo Finance Tbk
Tbk 2010
Batavia Prosperindo Finance Tbk
Tbk 2011
Batavia Prosperindo Finance Tbk
Tbk 2012
Clipan Finance Indonesia Tbk 2009
Clipan Finance Indonesia Tbk 2010
Clipan Finance Indonesia Tbk 2011
Clipan Finance Indonesia Tbk 2012
Equity Development Investment
Tbk 2012
Equity Development Investment
Tbk 2013
Equity Development Investment
Tbk 2014
Equity Development Investment
Tbk 2015
Leo Investments Tbk 2009
Leo Investments Tbk 2010
Leo Investments Tbk 2011
Leo Investments Tbk 2012
LPGI
LPPS
Lippo General Insurance Tbk 2009
Lippo General Insurance Tbk 2010
Lippo General Insurance Tbk 2011
Lippo General Insurance Tbk 2012
Lippo Securities Tbk 2009
Lippo Securities Tbk 2010
Lippo Securities Tbk 2011
Lippo Securities Tbk 2012
MFIN
Mandala Multifinance Tbk 2009
Mandala Multifinance Tbk 2010
Mandala Multifinance Tbk 2011
Mandala Multifinance Tbk 2012
Maskapai Reasuransi Indonesia Tbk
MREI
2009
Maskapai Reasuransi Indonesia Tbk
2010
Maskapai Reasuransi Indonesia Tbk
2011
Maskapai Reasuransi Indonesia Tbk
2012
4.31
5.12
4.72
4.15
25.5
6
23.8
5
22.3
8
21.4
5
1370730
1582726
2859598
3538059
0.57
0.69
2.05
2.46
1
1
2
2
1
1
2
2
2
2
2
2
3
3
6
6
0
0
1
1
19.12
32.18
2270.04
4314.44
2392980
0.56
2
2
2
6
1
1279.61
3870091
0.99
2
2
2
6
1
2286.29
5304777
1.24
2
2
2
6
1
2864.53
6570496
1.3
2
2
2
6
1
3003.07
9.7
230152
0.83
2
2
2
6
1
1117.62
11.3
3
286683
0.9
2
2
2
6
1
1317.76
8.32
368493
1.24
1
1
1
3
0
59
7.32
529227
1.81
2
2
1
5
1
1899.38
1771267
0.35
1
2
1
4
1
196.14
2693910
4785504
5091288
0.82
1.2
1.15
2
1
2
2
1
2
2
1
2
4
4
4
1
0
1
888.34
152.59
1068.11
1.34
1632359
2.38
2
2
1
5
1
1760.47
2.26
2137821
3.05
1
1
2
3
0
217.48
3.14
2286025
2.61
2
2
2
5
1
1749.13
1.68
2595955
2.92
2
2
1
5
1
2620.03
27668
-0.03
2
2
2
5
1
-23.81
3333
-1.6
2
2
2
5
1
-1240.23
7340
-2.08
2
2
2
5
1
-2146.74
93680
0.04
2
2
1
3
0
10.99
616237
883223
894612
1350260
428345
0.27
0.27
0.36
0.38
0.65
2
2
2
2
2
2
1
2
2
2
2
1
2
2
2
3
3
5
5
3
0
0
1
1
0
119.54
2.97
351.93
290.91
387.49
586580
0.43
2
2
2
3
0
427.8
616896
0.01
2
2
2
5
1
17.07
768844
0.01
2
2
2
5
1
15.14
2057703
3128916
3782414
3922411
3.35
4.36
4.22
3.73
1
2
2
1
2
2
2
1
1
1
2
1
5
5
5
5
0
1
1
0
948.74
4516.78
4733.84
955
337850
1.37
2
2
2
3
1
187.7
445083
1.44
2
2
2
3
1
1122.89
565083
1.4
2
2
2
3
1
1151.28
681363
1.44
2
2
2
3
1
981.82
11.4
1
9.84
7.64
6.55
43.9
18.4
-18
3.53
3.99
7.9
5.95
3.88
6.79
22.6
7
0.46
16.3
2
7.2
5.65
6.37
5.4
11.5
7
12.1
6
13.2
9
8.29
79
MTF
N
Capitalinc Investment Tbk 2009
0.63
219554
9.9
2
2
2
3
1
7194.87
Capitalinc Investment Tbk 2010
523396
2.49
2
2
2
3
1
1668.49
643102
3.72
2
2
2
3
1
2865.69
701440
4.5
2
1
2
3
0
363.44
1030850
1.37
2
2
2
5
1
2048.65
1411326
1.22
2
2
2
5
1
1988.39
1562527
0.99
2
2
2
4
1
1228.33
1383822
0.57
2
2
2
3
0
410.97
Panca Global Securities Tbk 2009
Panca Global Securities Tbk 2010
Panca Global Securities Tbk 2011
Panca Global Securities Tbk 2012
Panin Insurance Tbk 2009
Panin Insurance Tbk 2010
0.12
2.61
1.32
14.8
8
17.7
7
15.1
6
14.8
3
8.89
5.52
9.28
8.01
7.58
9.71
0.89
5.52
9.28
8.01
0.8
0.72
2
2
2
2
2
2
2
2
2
2
2
1
2
1
1
1
1
1
4
4
3
3
3
3
1
1
0
1
1
0
1009.9
3866.97
6149.32
4860.64
618.64
28.44
Panin Insurance Tbk 2011
9.39
0.44
2
2
2
3
1
384.66
Panin Insurance Tbk 2012
8.01
0.37
2
2
2
3
1
301.69
Reliance Securities Tbk 2009
Reliance Securities Tbk 2010
Reliance Securities Tbk 2011
Reliance Securities Tbk 2012
Trimegah Securities Tbk 2009
Trimegah Securities Tbk 2010
Trimegah Securities Tbk 2011
1.83
2.5
1.13
1.37
1.59
1.34
0.85
1
2
2
2
2
2
2
1
2
2
2
2
2
2
1
2
2
2
2
2
2
3
3
5
5
5
5
5
0
1
1
1
1
1
1
1.98
811.18
985.49
1061.94
900.53
2105.76
1047.28
470126
0.83
2
2
2
5
1
338.22
Trust Finance Indonesia Tbk 2009
Trust Finance Indonesia Tbk 2010
Trust Finance Indonesia Tbk 2011
Trust Finance Indonesia Tbk 2012
7.49
2.71
5.17
4.2
2.8
2.4
1.34
26.5
5.87
9.43
7.11
4.88
204715
367468
241132
189445
8101058
9358982
1157277
1
1234080
2
572991
775288
580244
731846
938382
858288
683575
187616
261959
398071
427228
0.66
0.8
1.39
1.35
2
2
2
1
2
2
2
2
2
2
2
1
3
3
3
3
1
1
1
0
340.4
537.5
843.75
332.93
Verena Multi Finance Tbk 2009
3.63
643465
3.77
1
2
1
3
0
780.07
Verena Multi Finance Tbk 2010
Verena Multi Finance Tbk 2011
Verena Multi Finance Tbk 2012
3.67
2.15
1.78
961244
1521029
1750362
4.98
7.2
7.43
2
2
2
2
2
2
2
1
1
3
3
3
1
1
1
2140.77
6802.47
6604.91
Capitalinc Investment Tbk 2011
Capitalinc Investment Tbk 2012
PANS
Panin Sekuritas Tbk 2009
Panin Sekuritas Tbk 2010
Panin Sekuritas Tbk 2011
Panin Sekuritas Tbk 2012
PEGE
PNIN
RELI
TRIM
Trimegah Securities Tbk 2012
TRUS
VRN
A
80
Lampiran 2 Factor Analysis
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of
Sampling Adequacy.
Bartlett's Test of
Sphericity
Approx. Chi-Square
.491
8.061
df
6
Sig.
.234
Anti-image Matrices
ROA
Anti-image
Covariance
Anti-image
Correlation
SIZE
DER
AGE
ROA
.934
-.209
-.029
-.126
SIZE
-.209
.949
-.038
.029
DER
-.029
-.038
.990
.084
AGE
-.126
.029
.084
.976
ROA
.492a
-.222
-.030
-.132
SIZE
-.222
.497a
-.039
.030
DER
-.030
-.039
.503a
.085
AGE
-.132
.030
.085
.469a
a. Measures of Sampling Adequacy(MSA)
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of
Sampling Adequacy.
.507
81
Bartlett's Test of
Sphericity
Approx. Chi-Square
5.536
df
3
Sig.
.136
Anti-image Matrices
ROA
Anti-image Covariance
Anti-image Correlation
SIZE
DER
ROA
.951
-.209
-.019
SIZE
-.209
.950
-.041
DER
-.019
-.041
.997
ROA
.505a
-.220
-.019
SIZE
-.220
.505a
-.042
DER
-.019
-.042
.592a
a. Measures of Sampling Adequacy(MSA)
82
Lampiran 3 Logistic Regression
Descriptive Statistics
N
Minimum Maximum
Mean
Std.
Deviation
LNROA
108
.01
3.24
1.8385
.75505
LNSIZE
108
10.13
17.05
13.6541
1.32472
DER
108
-2.08
9.90
1.9809
1.94284
InsiderOwnership
108
1.00
2.00
1.8333
.37442
OutsiderOwnersip
108
1.00
2.00
1.7870
.41131
OperationComplexcity
108
2.00
1.00
1.7778
41768
KomiteAudit
108
2.00
7.00
4.0093
1.21128
KetepatanWaktuPelapor
an
108
.00
1.00
.7685
.42375
Valid N (listwise)
108
Case Processing Summary
Unweighted Casesa
Selected Cases Included in
Analysis
Missing Cases
Total
Unselected Cases
Total
N
Percent
108
100.0
0
.0
108
100.0
0
.0
108
100.0
83
Case Processing Summary
Unweighted Casesa
N
Selected Cases Included in
Analysis
Missing Cases
Total
Unselected Cases
Total
Percent
108
100.0
0
.0
108
100.0
0
.0
108
100.0
a. If weight is in effect, see classification table for the
total number of cases.
Dependent Variable Encoding
Original Value Internal Value
.00
0
1.00
1
Block 0: Beginning Block
Iteration Historya,b,c
Coefficients
-2 Log
likelihood
Iteration
Constant
Step 0 1
117.180
1.074
2
116.869
1.196
84
3
116.869
1.200
4
116.869
1.200
Classification Tablea,b
Predicted
KetepatanWaktuPelapora
n
Observed
.00
Step 0 KetepatanWaktuPelapor .00
an
1.00
Percentage
Correct
1.00
0
25
.0
0
83
100.0
Overall
Percentage
76.9
a. Constant is included in the model.
b. The cut value is .500
Variables in the Equation
B
Step 0 Constant
1.200
S.E.
.228
Wald
df
27.665
Sig.
1
.000
Variables not in the Equation
Score
df
Sig.
Exp(B)
3.320
85
Step 0 Variables LNROA
24.481
1
.000
LNSIZE
8.500
1
.004
.022
1
.883
InsiderOwnership
36.236
1
.000
OutsiderOwnersip
23.374
1
.000
OperationComplexci
ty
21.474
1
.000
Overall Statistics
57.250
6
.000
DER
Block 1: Method = Enter
Iteration Historya,b,c,d
Coefficients
-2 Log
likelihood
Iteration
Constant LNROA LNSIZE
DER
InsiderOwner
ship
Step 1 1
68.699
-9.688
.337
.297
.027
1.231
2
57.510
-16.176
.668
.585
.016
1.484
3
54.797
-21.417
1.002
.841
.017
1.642
4
54.453
-24.189
1.182
.978
.028
1.720
5
54.444
-24.741
1.216
1.005
.032
1.733
6
54.444
-24.758
1.217
1.006
.032
1.734
7
54.444
-24.758
1.217
1.006
.032
1.734
86
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 116.869
d. Estimation terminated at iteration number 7 because parameter estimates changed by
less than .001.
Iteration Historya,b,c,d
Coefficients
Iteration
OperationComplexc
ity
OutsiderOwnersip
Step 1 1
1.111
1.010
2
1.667
1.594
3
1.926
2.019
4
2.028
2.249
5
2.049
2.298
6
2.050
2.299
7
2.050
2.299
Omnibus Tests of Model Coefficients
Chi-square
Step 1 Step
df
Sig.
62.425
6
.000
Block
62.425
6
.000
Model
62.425
6
.000
87
Model Summary
-2 Log
likelihood
Step
Cox & Snell Nagelkerke R
R Square
Square
54.444a
1
.439
.664
a. Estimation terminated at iteration number 7
because parameter estimates changed by less than
.001.
Hosmer and Lemeshow Test
Step
Chi-square
1
df
7.832
Sig.
8
.450
Contingency Table for Hosmer and Lemeshow Test
KetepatanWaktuPelaporan = KetepatanWaktuPelaporan =
.00
1.00
Observed
Expected
Observed
Expected
Total
Step 1 1
11
10.490
0
.510
11
2
8
7.541
3
3.459
11
3
2
3.486
9
7.514
11
4
1
1.556
10
9.444
11
5
1
.835
10
10.165
11
6
1
.558
10
10.442
11
88
7
0
.300
11
10.700
11
8
1
.142
10
10.858
11
9
0
.072
11
10.928
11
10
0
.019
9
8.981
9
Classification Tablea
Predicted
KetepatanWaktuPelapora
n
Observed
.00
Step 1 KetepatanWaktuPelapor .00
an
1.00
Percentage
Correct
1.00
19
6
76.0
1
82
98.8
Overall
Percentage
93.5
a. The cut value is .500
Variables in the Equation
B
S.E.
Wald
df
Sig.
Exp(B)
Step 1a LNROA
1.217
.607
4.021
1
.045
3.377
LNSIZE
1.006
.376
7.177
1
.007
2.735
89
DER
.032
.177
.033
1
.857
1.032
InsiderOwnership
1.734
.863
4.037
1
.045
5.661
OutsiderOwnersip
2.050
.897
5.217
1
.022
7.766
OperationComplexci
ty
2.299
.967
5.654
1
.017
9.967
-24.758
6.867
12.998
1
.000
.000
Constant
a. Variable(s) entered on step 1: LNROA, LNSIZE, DER, InsiderOwnership,
OutsiderOwnersip, OperationComplexcity.
Variables in the Equation
95% C.I.for EXP(B)
Lower
Upper
Step 1a LNROA
1.028
11.094
LNSIZE
1.310
5.711
.730
1.459
InsiderOwnership
1.043
30.717
OutsiderOwnersip
1.338
45.085
OperationComplexci
ty
1.498
66.314
DER
a. Variable(s) entered on step 1: LNROA, LNSIZE,
DER, InsiderOwnership, OutsiderOwnersip,
OperationComplexcity.
90
Correlation Matrix
Constant
LNROA
LNSIZE
DER
Step 1 Constant
1.000
-.309
-.942
-.269
LNROA
-.309
1.000
.232
-.013
LNSIZE
-.942
.232
1.000
.177
DER
-.269
-.013
.177
1.000
InsiderOwnership
-.135
.047
.067
-.174
OutsiderOwnersip
-.424
-.170
.298
.040
OperationComplexci
ty
-.569
.131
.402
.487
Correlation Matrix
InsiderOwner OutsiderOwne OperationCo
ship
rsip
mplexcity
Step 1 Constant
-.135
-.424
-.569
LNROA
.047
-.170
.131
LNSIZE
.067
.298
.402
DER
-.174
.040
.487
InsiderOwnership
1.000
-.265
-.285
OutsiderOwnersip
-.265
1.000
.268
OperationComplexci
ty
-.285
.268
1.000
91
Step number: 1
Observed Groups and Predicted Probabilities
32 +
+
|
|
|
|
F
|
|
R
24 +
E
|
1|
Q
|
1|
U
|
1|
E
16 +
N
|
1|
C
|
11|
Y
|
11|
+
1+
8+
111+
|
1 11 111|
|0
111111111|
|00000 0 00 0 00 00
1101011101|
1 00
0
1 111 1 0
111 1
011111 01
Predicted ---------+---------+---------+---------+---------+---------+---------+---------+---------+--------Prob: 0
.1
.2
.3
.4
.5
.6
.7
.8
.9
1
Group:
000000000000000000000000000000000000000000000000001111111111111111111111111
1111111111111111111111111
92
Predicted Probability is of Membership for 1.00
The Cut Value is .50
Symbols: 0 - .00
1 - 1.00
Each Symbol Represents 2 Cases.
Casewise Listb
Observed
Selected
Statusa
Case
Temporary Variable
KetepatanWa
ktuPelaporan Predicted
Predicted
Group
Resid
ZResid
61
S
0**
.925
1
-.925
-3.515
65
S
0**
.943
1
-.943
-4.070
66
S
0**
.990
1
-.990
-9.893
84
S
0**
.872
1
-.872
-2.607
a. S = Selected, U = Unselected cases, and ** = Misclassified cases.
b. Cases with studentized residuals greater than 2.000 are listed.
Lampiran 4 Uji moderating
B
Step
1a
S.E.
Wald
df
Sig.
Exp(B)
LNROA
-.246
.786
.098
1
.754
.782
LNSIZE
.889
.431
4.252
1
.039
2.433
DER
-.629
.452
1.939
1
.164
.533
InsiderOwnership
1.152
.989
1.356
1
.244
3.165
93
OutsiderOwnersip
2.023
1.145
3.123
1
.077
7.562
OperationComplexcit
y
3.321
1.445
5.284
1
.022
27.683
KomiteAudit
1.878
.768
5.977
1
.014
6.539
Moderating
.003
.001
4.570
1
.033
1.003
-28.404
9.738
8.508
1
.004
.000
Constant
Lampiran 1 Data Perusahaan Sektor Finance
DER
Inside
r
Owne
rship
Outsider
Ownersi
p
Operation
Complexcit
y
Komi
e
Audit
Ketepata
nWaktu Moderatin
Pelapora
g
n
Kode
Perusahaan Sektor Finance
RO
A
ABD
A
Asuransi Bina Dana Arta Tbk 2009
5.99
518268
3.18
2
2
2
4
1
2542.63
Asuransi Bina Dana Arta Tbk 2010
Asuransi Bina Dana Arta Tbk 2011
Asuransi Bina Dana Arta Tbk 2012
Adira Dinamika Multi Finance Tbk
2009
Adira Dinamika Multi Finance Tbk
2010
Adira Dinamika Multi Finance Tbk
2011
Adira Dinamika Multi Finance Tbk
2012
Asuransi Harta Aman Pratama Tbk
2009
Asuransi Harta Aman Pratama Tbk
2010
Asuransi Harta Aman Pratama Tbk
2011
Asuransi Harta Aman Pratama Tbk
2012
MAJAPAHIT SECURITIES Tbk
2009
MAJAPAHIT SECURITIES Tbk
2010
MAJAPAHIT SECURITIES Tbk
2011
MAJAPAHIT SECURITIES Tbk
2012
Asuransi Multi Artha Guna Tbk
2009
6.36
8.92
7.35
845779
1106155
1432974
3.28
1.73
1.43
2
2
2
2
2
2
2
2
2
4
4
4
1
1
1
2844.34
1685.89
1293.88
38.3
4329549
0.63
1
1
1
3
0
95.04
25.4
2
7599615
1
2
1
2
7
1
1435.35
2.82
2
1
2
7
1
3318.98
4.06
2
1
2
7
1
3893.01
ADM
F
AHA
P
AKSI
AMA
G
Asuransi Multi Artha Guna Tbk 2010
Asuransi Multi Artha Guna Tbk
2011
Asuransi Multi Artha Guna Tbk
2012
ASBI
Asuransi Bintang Tbk 2009
Asuransi Bintang Tbk 2010
Asuransi Bintang Tbk 2011
Asuransi Bintang Tbk 2012
12.5
7.45
SIZE
1688945
2
2546045
7
7.26
100770
0.91
2
2
2
3
1
628.67
7.62
126550
1.16
2
2
2
3
1
833.83
10.5
144972
1.06
2
2
2
3
1
890.36
4.37
211287
1.82
2
2
2
3
1
789.82
1.24
95402
0.32
2
1
2
3
1
72.16
2.47
100071
0.4
2
1
2
3
1
67.33
2.57
82557
0.4
2
1
2
3
1
64.89
44.5
10.8
4
10.3
6
71470
0.19
2
1
2
3
1
30.11
506324
0.86
1
2
1
3
0
40.08
654357
0.86
2
2
2
3
1
646.21
10.4
1051935
0.65
2
2
2
3
1
506.56
1329068
0.78
2
2
2
3
1
636.03
186854
1.14
2
2
2
3
1
398.52
243601
1.66
1
1
2
3
0
197.66
245566
374044
1.4
2.54
2
1
2
2
2
2
3
3
1
1
566.48
525.23
11.1
3
1.36
2.35
3.89
3.83
ASD
M
Asuransi Dayin Mitra Tbk 2009
3.2
262885
1.33
2
2
2
3
0
463.34
ASJT
Asuransi Dayin Mitra Tbk 2010
Asuransi Dayin Mitra Tbk 2011
Asuransi Dayin Mitra Tbk 2012
Asuransi Jasa Tania Tbk 2009
Asuransi Jasa Tania Tbk 2010
Asuransi Jasa Tania Tbk 2011
Asuransi Jasa Tania Tbk 2012
5.24
7.88
5.53
5.53
8.72
9.18
7.8
308123
331259
416857
178337
182571
162570
227460
1.38
1.26
1.67
0.78
0.73
1.03
1.53
1
2
1
1
2
2
2
2
2
1
1
1
2
2
2
2
1
2
2
2
2
3
3
3
5
5
5
5
1
1
0
1
1
1
1
346.65
793.47
204.61
255.61
383.05
1095.99
1550.63
ASR
M
Asuransi Ramayana Tbk 2009
8.87
178337
1.87
2
2
2
6
1
2368.92
Asuransi Ramayana Tbk 2010
Asuransi Ramayana Tbk 2011
Asuransi Ramayana Tbk 2012
7.33
6.47
2.61
182571
162570
227460
2.23
2.61
4.85
2
2
2
2
1
2
2
2
2
6
2
6
1
0
1
3879.93
217.26
5626.32
78
BBLD
Buana Finance Tbk 2009
Buana Finance Tbk 2010
Buana Finance Tbk 2011
Buana Finance Tbk 2012
BFIN
BFI Finance Indonesia Tbk 2009
BFI Finance Indonesia Tbk 2010
BFI Finance Indonesia Tbk 2011
BFI Finance Indonesia Tbk 2012
BPFI
CFIN
GSM
F
ITTG
Batavia Prosperindo Finance Tbk
Tbk 2009
Batavia Prosperindo Finance Tbk
Tbk 2010
Batavia Prosperindo Finance Tbk
Tbk 2011
Batavia Prosperindo Finance Tbk
Tbk 2012
Clipan Finance Indonesia Tbk 2009
Clipan Finance Indonesia Tbk 2010
Clipan Finance Indonesia Tbk 2011
Clipan Finance Indonesia Tbk 2012
Equity Development Investment
Tbk 2012
Equity Development Investment
Tbk 2013
Equity Development Investment
Tbk 2014
Equity Development Investment
Tbk 2015
Leo Investments Tbk 2009
Leo Investments Tbk 2010
Leo Investments Tbk 2011
Leo Investments Tbk 2012
LPGI
LPPS
Lippo General Insurance Tbk 2009
Lippo General Insurance Tbk 2010
Lippo General Insurance Tbk 2011
Lippo General Insurance Tbk 2012
Lippo Securities Tbk 2009
Lippo Securities Tbk 2010
Lippo Securities Tbk 2011
Lippo Securities Tbk 2012
MFIN
Mandala Multifinance Tbk 2009
Mandala Multifinance Tbk 2010
Mandala Multifinance Tbk 2011
Mandala Multifinance Tbk 2012
Maskapai Reasuransi Indonesia Tbk
MREI
2009
Maskapai Reasuransi Indonesia Tbk
2010
Maskapai Reasuransi Indonesia Tbk
2011
Maskapai Reasuransi Indonesia Tbk
2012
4.31
5.12
4.72
4.15
25.5
6
23.8
5
22.3
8
21.4
5
1370730
1582726
2859598
3538059
0.57
0.69
2.05
2.46
1
1
2
2
1
1
2
2
2
2
2
2
3
3
6
6
0
0
1
1
19.12
32.18
2270.04
4314.44
2392980
0.56
2
2
2
6
1
1279.61
3870091
0.99
2
2
2
6
1
2286.29
5304777
1.24
2
2
2
6
1
2864.53
6570496
1.3
2
2
2
6
1
3003.07
9.7
230152
0.83
2
2
2
6
1
1117.62
11.3
3
286683
0.9
2
2
2
6
1
1317.76
8.32
368493
1.24
1
1
1
3
0
59
7.32
529227
1.81
2
2
1
5
1
1899.38
1771267
0.35
1
2
1
4
1
196.14
2693910
4785504
5091288
0.82
1.2
1.15
2
1
2
2
1
2
2
1
2
4
4
4
1
0
1
888.34
152.59
1068.11
1.34
1632359
2.38
2
2
1
5
1
1760.47
2.26
2137821
3.05
1
1
2
3
0
217.48
3.14
2286025
2.61
2
2
2
5
1
1749.13
1.68
2595955
2.92
2
2
1
5
1
2620.03
27668
-0.03
2
2
2
5
1
-23.81
3333
-1.6
2
2
2
5
1
-1240.23
7340
-2.08
2
2
2
5
1
-2146.74
93680
0.04
2
2
1
3
0
10.99
616237
883223
894612
1350260
428345
0.27
0.27
0.36
0.38
0.65
2
2
2
2
2
2
1
2
2
2
2
1
2
2
2
3
3
5
5
3
0
0
1
1
0
119.54
2.97
351.93
290.91
387.49
586580
0.43
2
2
2
3
0
427.8
616896
0.01
2
2
2
5
1
17.07
768844
0.01
2
2
2
5
1
15.14
2057703
3128916
3782414
3922411
3.35
4.36
4.22
3.73
1
2
2
1
2
2
2
1
1
1
2
1
5
5
5
5
0
1
1
0
948.74
4516.78
4733.84
955
337850
1.37
2
2
2
3
1
187.7
445083
1.44
2
2
2
3
1
1122.89
565083
1.4
2
2
2
3
1
1151.28
681363
1.44
2
2
2
3
1
981.82
11.4
1
9.84
7.64
6.55
43.9
18.4
-18
3.53
3.99
7.9
5.95
3.88
6.79
22.6
7
0.46
16.3
2
7.2
5.65
6.37
5.4
11.5
7
12.1
6
13.2
9
8.29
79
MTF
N
Capitalinc Investment Tbk 2009
0.63
219554
9.9
2
2
2
3
1
7194.87
Capitalinc Investment Tbk 2010
523396
2.49
2
2
2
3
1
1668.49
643102
3.72
2
2
2
3
1
2865.69
701440
4.5
2
1
2
3
0
363.44
1030850
1.37
2
2
2
5
1
2048.65
1411326
1.22
2
2
2
5
1
1988.39
1562527
0.99
2
2
2
4
1
1228.33
1383822
0.57
2
2
2
3
0
410.97
Panca Global Securities Tbk 2009
Panca Global Securities Tbk 2010
Panca Global Securities Tbk 2011
Panca Global Securities Tbk 2012
Panin Insurance Tbk 2009
Panin Insurance Tbk 2010
0.12
2.61
1.32
14.8
8
17.7
7
15.1
6
14.8
3
8.89
5.52
9.28
8.01
7.58
9.71
0.89
5.52
9.28
8.01
0.8
0.72
2
2
2
2
2
2
2
2
2
2
2
1
2
1
1
1
1
1
4
4
3
3
3
3
1
1
0
1
1
0
1009.9
3866.97
6149.32
4860.64
618.64
28.44
Panin Insurance Tbk 2011
9.39
0.44
2
2
2
3
1
384.66
Panin Insurance Tbk 2012
8.01
0.37
2
2
2
3
1
301.69
Reliance Securities Tbk 2009
Reliance Securities Tbk 2010
Reliance Securities Tbk 2011
Reliance Securities Tbk 2012
Trimegah Securities Tbk 2009
Trimegah Securities Tbk 2010
Trimegah Securities Tbk 2011
1.83
2.5
1.13
1.37
1.59
1.34
0.85
1
2
2
2
2
2
2
1
2
2
2
2
2
2
1
2
2
2
2
2
2
3
3
5
5
5
5
5
0
1
1
1
1
1
1
1.98
811.18
985.49
1061.94
900.53
2105.76
1047.28
470126
0.83
2
2
2
5
1
338.22
Trust Finance Indonesia Tbk 2009
Trust Finance Indonesia Tbk 2010
Trust Finance Indonesia Tbk 2011
Trust Finance Indonesia Tbk 2012
7.49
2.71
5.17
4.2
2.8
2.4
1.34
26.5
5.87
9.43
7.11
4.88
204715
367468
241132
189445
8101058
9358982
1157277
1
1234080
2
572991
775288
580244
731846
938382
858288
683575
187616
261959
398071
427228
0.66
0.8
1.39
1.35
2
2
2
1
2
2
2
2
2
2
2
1
3
3
3
3
1
1
1
0
340.4
537.5
843.75
332.93
Verena Multi Finance Tbk 2009
3.63
643465
3.77
1
2
1
3
0
780.07
Verena Multi Finance Tbk 2010
Verena Multi Finance Tbk 2011
Verena Multi Finance Tbk 2012
3.67
2.15
1.78
961244
1521029
1750362
4.98
7.2
7.43
2
2
2
2
2
2
2
1
1
3
3
3
1
1
1
2140.77
6802.47
6604.91
Capitalinc Investment Tbk 2011
Capitalinc Investment Tbk 2012
PANS
Panin Sekuritas Tbk 2009
Panin Sekuritas Tbk 2010
Panin Sekuritas Tbk 2011
Panin Sekuritas Tbk 2012
PEGE
PNIN
RELI
TRIM
Trimegah Securities Tbk 2012
TRUS
VRN
A
80
Lampiran 2 Factor Analysis
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of
Sampling Adequacy.
Bartlett's Test of
Sphericity
Approx. Chi-Square
.491
8.061
df
6
Sig.
.234
Anti-image Matrices
ROA
Anti-image
Covariance
Anti-image
Correlation
SIZE
DER
AGE
ROA
.934
-.209
-.029
-.126
SIZE
-.209
.949
-.038
.029
DER
-.029
-.038
.990
.084
AGE
-.126
.029
.084
.976
ROA
.492a
-.222
-.030
-.132
SIZE
-.222
.497a
-.039
.030
DER
-.030
-.039
.503a
.085
AGE
-.132
.030
.085
.469a
a. Measures of Sampling Adequacy(MSA)
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of
Sampling Adequacy.
.507
81
Bartlett's Test of
Sphericity
Approx. Chi-Square
5.536
df
3
Sig.
.136
Anti-image Matrices
ROA
Anti-image Covariance
Anti-image Correlation
SIZE
DER
ROA
.951
-.209
-.019
SIZE
-.209
.950
-.041
DER
-.019
-.041
.997
ROA
.505a
-.220
-.019
SIZE
-.220
.505a
-.042
DER
-.019
-.042
.592a
a. Measures of Sampling Adequacy(MSA)
82
Lampiran 3 Logistic Regression
Descriptive Statistics
N
Minimum Maximum
Mean
Std.
Deviation
LNROA
108
.01
3.24
1.8385
.75505
LNSIZE
108
10.13
17.05
13.6541
1.32472
DER
108
-2.08
9.90
1.9809
1.94284
InsiderOwnership
108
1.00
2.00
1.8333
.37442
OutsiderOwnersip
108
1.00
2.00
1.7870
.41131
OperationComplexcity
108
2.00
1.00
1.7778
41768
KomiteAudit
108
2.00
7.00
4.0093
1.21128
KetepatanWaktuPelapor
an
108
.00
1.00
.7685
.42375
Valid N (listwise)
108
Case Processing Summary
Unweighted Casesa
Selected Cases Included in
Analysis
Missing Cases
Total
Unselected Cases
Total
N
Percent
108
100.0
0
.0
108
100.0
0
.0
108
100.0
83
Case Processing Summary
Unweighted Casesa
N
Selected Cases Included in
Analysis
Missing Cases
Total
Unselected Cases
Total
Percent
108
100.0
0
.0
108
100.0
0
.0
108
100.0
a. If weight is in effect, see classification table for the
total number of cases.
Dependent Variable Encoding
Original Value Internal Value
.00
0
1.00
1
Block 0: Beginning Block
Iteration Historya,b,c
Coefficients
-2 Log
likelihood
Iteration
Constant
Step 0 1
117.180
1.074
2
116.869
1.196
84
3
116.869
1.200
4
116.869
1.200
Classification Tablea,b
Predicted
KetepatanWaktuPelapora
n
Observed
.00
Step 0 KetepatanWaktuPelapor .00
an
1.00
Percentage
Correct
1.00
0
25
.0
0
83
100.0
Overall
Percentage
76.9
a. Constant is included in the model.
b. The cut value is .500
Variables in the Equation
B
Step 0 Constant
1.200
S.E.
.228
Wald
df
27.665
Sig.
1
.000
Variables not in the Equation
Score
df
Sig.
Exp(B)
3.320
85
Step 0 Variables LNROA
24.481
1
.000
LNSIZE
8.500
1
.004
.022
1
.883
InsiderOwnership
36.236
1
.000
OutsiderOwnersip
23.374
1
.000
OperationComplexci
ty
21.474
1
.000
Overall Statistics
57.250
6
.000
DER
Block 1: Method = Enter
Iteration Historya,b,c,d
Coefficients
-2 Log
likelihood
Iteration
Constant LNROA LNSIZE
DER
InsiderOwner
ship
Step 1 1
68.699
-9.688
.337
.297
.027
1.231
2
57.510
-16.176
.668
.585
.016
1.484
3
54.797
-21.417
1.002
.841
.017
1.642
4
54.453
-24.189
1.182
.978
.028
1.720
5
54.444
-24.741
1.216
1.005
.032
1.733
6
54.444
-24.758
1.217
1.006
.032
1.734
7
54.444
-24.758
1.217
1.006
.032
1.734
86
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 116.869
d. Estimation terminated at iteration number 7 because parameter estimates changed by
less than .001.
Iteration Historya,b,c,d
Coefficients
Iteration
OperationComplexc
ity
OutsiderOwnersip
Step 1 1
1.111
1.010
2
1.667
1.594
3
1.926
2.019
4
2.028
2.249
5
2.049
2.298
6
2.050
2.299
7
2.050
2.299
Omnibus Tests of Model Coefficients
Chi-square
Step 1 Step
df
Sig.
62.425
6
.000
Block
62.425
6
.000
Model
62.425
6
.000
87
Model Summary
-2 Log
likelihood
Step
Cox & Snell Nagelkerke R
R Square
Square
54.444a
1
.439
.664
a. Estimation terminated at iteration number 7
because parameter estimates changed by less than
.001.
Hosmer and Lemeshow Test
Step
Chi-square
1
df
7.832
Sig.
8
.450
Contingency Table for Hosmer and Lemeshow Test
KetepatanWaktuPelaporan = KetepatanWaktuPelaporan =
.00
1.00
Observed
Expected
Observed
Expected
Total
Step 1 1
11
10.490
0
.510
11
2
8
7.541
3
3.459
11
3
2
3.486
9
7.514
11
4
1
1.556
10
9.444
11
5
1
.835
10
10.165
11
6
1
.558
10
10.442
11
88
7
0
.300
11
10.700
11
8
1
.142
10
10.858
11
9
0
.072
11
10.928
11
10
0
.019
9
8.981
9
Classification Tablea
Predicted
KetepatanWaktuPelapora
n
Observed
.00
Step 1 KetepatanWaktuPelapor .00
an
1.00
Percentage
Correct
1.00
19
6
76.0
1
82
98.8
Overall
Percentage
93.5
a. The cut value is .500
Variables in the Equation
B
S.E.
Wald
df
Sig.
Exp(B)
Step 1a LNROA
1.217
.607
4.021
1
.045
3.377
LNSIZE
1.006
.376
7.177
1
.007
2.735
89
DER
.032
.177
.033
1
.857
1.032
InsiderOwnership
1.734
.863
4.037
1
.045
5.661
OutsiderOwnersip
2.050
.897
5.217
1
.022
7.766
OperationComplexci
ty
2.299
.967
5.654
1
.017
9.967
-24.758
6.867
12.998
1
.000
.000
Constant
a. Variable(s) entered on step 1: LNROA, LNSIZE, DER, InsiderOwnership,
OutsiderOwnersip, OperationComplexcity.
Variables in the Equation
95% C.I.for EXP(B)
Lower
Upper
Step 1a LNROA
1.028
11.094
LNSIZE
1.310
5.711
.730
1.459
InsiderOwnership
1.043
30.717
OutsiderOwnersip
1.338
45.085
OperationComplexci
ty
1.498
66.314
DER
a. Variable(s) entered on step 1: LNROA, LNSIZE,
DER, InsiderOwnership, OutsiderOwnersip,
OperationComplexcity.
90
Correlation Matrix
Constant
LNROA
LNSIZE
DER
Step 1 Constant
1.000
-.309
-.942
-.269
LNROA
-.309
1.000
.232
-.013
LNSIZE
-.942
.232
1.000
.177
DER
-.269
-.013
.177
1.000
InsiderOwnership
-.135
.047
.067
-.174
OutsiderOwnersip
-.424
-.170
.298
.040
OperationComplexci
ty
-.569
.131
.402
.487
Correlation Matrix
InsiderOwner OutsiderOwne OperationCo
ship
rsip
mplexcity
Step 1 Constant
-.135
-.424
-.569
LNROA
.047
-.170
.131
LNSIZE
.067
.298
.402
DER
-.174
.040
.487
InsiderOwnership
1.000
-.265
-.285
OutsiderOwnersip
-.265
1.000
.268
OperationComplexci
ty
-.285
.268
1.000
91
Step number: 1
Observed Groups and Predicted Probabilities
32 +
+
|
|
|
|
F
|
|
R
24 +
E
|
1|
Q
|
1|
U
|
1|
E
16 +
N
|
1|
C
|
11|
Y
|
11|
+
1+
8+
111+
|
1 11 111|
|0
111111111|
|00000 0 00 0 00 00
1101011101|
1 00
0
1 111 1 0
111 1
011111 01
Predicted ---------+---------+---------+---------+---------+---------+---------+---------+---------+--------Prob: 0
.1
.2
.3
.4
.5
.6
.7
.8
.9
1
Group:
000000000000000000000000000000000000000000000000001111111111111111111111111
1111111111111111111111111
92
Predicted Probability is of Membership for 1.00
The Cut Value is .50
Symbols: 0 - .00
1 - 1.00
Each Symbol Represents 2 Cases.
Casewise Listb
Observed
Selected
Statusa
Case
Temporary Variable
KetepatanWa
ktuPelaporan Predicted
Predicted
Group
Resid
ZResid
61
S
0**
.925
1
-.925
-3.515
65
S
0**
.943
1
-.943
-4.070
66
S
0**
.990
1
-.990
-9.893
84
S
0**
.872
1
-.872
-2.607
a. S = Selected, U = Unselected cases, and ** = Misclassified cases.
b. Cases with studentized residuals greater than 2.000 are listed.
Lampiran 4 Uji moderating
B
Step
1a
S.E.
Wald
df
Sig.
Exp(B)
LNROA
-.246
.786
.098
1
.754
.782
LNSIZE
.889
.431
4.252
1
.039
2.433
DER
-.629
.452
1.939
1
.164
.533
InsiderOwnership
1.152
.989
1.356
1
.244
3.165
93
OutsiderOwnersip
2.023
1.145
3.123
1
.077
7.562
OperationComplexcit
y
3.321
1.445
5.284
1
.022
27.683
KomiteAudit
1.878
.768
5.977
1
.014
6.539
Moderating
.003
.001
4.570
1
.033
1.003
-28.404
9.738
8.508
1
.004
.000
Constant