Analisis Faktor - faktor yang Mempengaruhi Pergantian Kantor Akuntan Publik pada Perusahaan Real Estate dan Properti yang Terdaftar di Bursa Efek Indonesia
LAMPIRAN
Lampiran 1. Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Bekasi
Kode
2008
2009
BAPA
EPPS
EPPS
BKDP
Jimmy Budhi & Rekan
Asri
1.
Pemula Tbk
Bukit
Darmo
2.
HLB (Hadori Sugiarto
Property Tbk
Adi & rekan)
Morison International
Morison International
(Tjahjadi, Pradhono &
(Tjahjadi, Pradhono &
Teramihardja)
Teramihardja)
RSM AJJ Associates
Ernst & young
(Aryanto, Amir Jusuf
(Purwantono, Sarwoko
& Mawar)
& Sandjaja)
Dbs & d
Morison International
(Doli, Bambang,
(Tjahjadi, Pradhono &
Sudarmadji & Dadang)
Teramihardja)
Daniel Hassa & Rekan
Daniel Hassa & Rekan
Dbs & d
Dbs & d
(Doli, Bambang,
(Doli, Bambang,
Cowell
3.
COWL
Development Tbk
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa
6.
Makassar
Tourism
GMTD
Development Tbk
Perdana
Gapura
GPRA
7.
Prima Tbk
66
Universitas Sumatera Utara
Sudarmadji & Dadang)
Sudarmadji & Dadang)
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
Global Land and
8.
KPIG
Development Tbk
ARH & J
Laguna
Cipta
9.
LCGP
Ngurah arya & rekan
(Ahmad Rasyid
Griya Tbk
Hisbullah & Jerry)
Ernst & young
Ernst & young
(Purwantono, Sarwoko
(Purwantono, Sarwoko
& Sandjaja)
& Sandjaja)
Modernland
10.
MDLN
Realty Tbk
ARH & J
ISS (Ishak, Saleh,
11.
Metro Realty Tbk
MTSM
(Ahmad Rasyid
Soewondo & rekan)
Hisbullah & Jerry)
Pikko
Land
12.
Parker Randall (Rama
Parker Randall (Rama
Wendra)
Wendra)
Deloitte (Osman Bing
Deloitte (Osman Bing
Satrio & rekan)
Satrio & rekan)
RODA
Development Tbk
Suryamas
13.
Duta
SMDM
Makmur Tbk
67
Universitas Sumatera Utara
Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Kode
Bekasi Asri Pemula
2010
2011
KRESTON
KRESTON
INTERNATIONAL
INTERNATIONAL
HLB (Hadori Sugiarto
HLB (Hadori Sugiarto
Adi & rekan)
Adi & rekan)
Morison International
Crowe Horwath
(Tjahjadi, Pradhono &
(Kosasih, Nurdiyaman,
Teramihardja)
Tjahja & rekan)
Ernst & young
Ernst & young
(Purwantono, Sarwoko &
(Purwantono, Sarwoko
Sandjaja)
& Sandjaja)
Morison International
Crowe Horwath
(Tjahjadi, Pradhono &
(Kosasih, Nurdiyaman,
Teramihardja)
Tjahja & rekan)
BAPA
1.
Tbk
Bukit Darmo
BKDP
2.
Property Tbk
Cowell
3.
COWL
Development Tbk
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa Makassar
Hasnil, M. Yasin &
6.
Tourism
GMTD
Hasnil, M. Yasin & rekan
rekan
Development Tbk
Dbs & d
Dbs & d
(Doli, Bambang,
(Doli, Bambang,
Sudarmadji & Dadang)
Sudarmadji & Dadang)
Perdana Gapura
7.
GPRA
Prima Tbk
68
Universitas Sumatera Utara
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
ARH & J
BWP (Budiman,
(Ahmad Rasyid
Wawan, Pamudji &
Hisbullah & Jerry)
rekan)
BDO (Tanubrata Sutanto
BDO (Tanubrata
Fahmi & rekan)
Sutanto Fahmi & rekan)
Global Land and
8.
KPIG
Development Tbk
Laguna Cipta Griya
9.
LCGP
Tbk
Modernland Realty
MDLN
10.
Tbk
HMS (Maksum,
HMS (Maksum, Suyanto,
11.
Metro Realty Tbk
MTSM
Suyanto, Hirdjan &
Hirdjan & rekan)
rekan)
MOORE STEPHENS
Pikko Land
12.
Parker Randall (Rama
RODA
(Mulyamin Sensi
Development Tbk
Wendra)
Suryanto & Lianny)
Suryamas Duta
13.
Deloitte (Osman Bing
HLB (Hadori Sugiarto
Satrio & rekan)
Adi & rekan)
SMDM
Makmur Tbk
69
Universitas Sumatera Utara
Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Kode
Bekasi Asri
2012
2013
KRESTON
BAPA
1.
Pemula Tbk
Tjahjadi & Tamara
INTERNATIONAL
Bukit Darmo
HLB (Hadori Sugiarto Adi
HLB (Hadori Sugiarto
& rekan)
Adi & rekan)
BKDP
2.
Property Tbk
Crowe Horwath
Cowell
3.
HLB (Hadori Sugiarto
COWL
(Kosasih, Nurdiyaman,
Development Tbk
Adi & rekan)
Tjahja & rekan)
Ernst & young
Ernst & young
(Purwantono, Sarwoko &
(Purwantono, Sarwoko &
Sandjaja)
Sandjaja)
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
BTFD (Benny, Tony, Frans
BTFD (Benny, Tony,
& Daniel)
Frans & Daniel)
Dbs & d
Crowe Horwath
(Doli, Bambang,
(Kosasih, Nurdiyaman,
Sudarmadji & Dadang)
Tjahja & rekan)
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa Makassar
6.
Tourism
GMTD
Development Tbk
Perdana Gapura
7.
GPRA
Prima Tbk
70
Universitas Sumatera Utara
Crowe Horwath
Deloitte (Osman Bing
Global Land and
8.
KPIG
(Kosasih, Nurdiyaman,
Satrio & rekan)
Development Tbk
Tjahja & rekan)
Laguna Cipta
BWP (Budiman, Wawan,
HDT (Herman Dody
Griya Tbk
Pamudji & rekan)
Tanumihardja & rekan)
Modernland
BDO (Tanubrata Sutanto
BDO (Tanubrata Sutanto
Fahmi & rekan)
Fahmi & rekan)
HMS (Maksum, Suyanto,
JCS (Junaedi Chairul
Hirdjan & rekan)
Subyakto)
MOORE STEPHENS
MOORE STEPHENS
(Mulyamin Sensi Suryanto
(Mulyamin Sensi
& Lianny)
Suryanto & Lianny)
HLB (Hadori Sugiarto Adi
HLB (Hadori Sugiarto
& rekan)
Adi & rekan)
9.
LCGP
10.
MDLN
Realty Tbk
11.
Metro Realty Tbk
MTSM
Pikko Land
12.
RODA
Development Tbk
Suryamas Duta
13.
SMDM
Makmur Tbk
71
Universitas Sumatera Utara
Lampiran 2.
Data Sampel Real Estate dan Property (Pergantian Kantor Akuntan Publik)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0
1
1
0
0
1
0
1
0
0
0
0
0
0
0
1
0
1
0
1
0
0
0
0
0
1
0
1
0
0
0
0
1
1
1
0
0
0
0
0
0
1
0
0
0
0
0
1
0
1
0
1
0
1
0
0
1
0
0
0
0
1
1
0
0
1
0
0
0
1
0
0
0
0
0
1
0
0
72
Universitas Sumatera Utara
Lampiran 3
Data Sampel Real Estate dan Property (Reputasi KAP)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
0
0
0
73
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Ukuran Perusahaan Klien)
No.
Kode
2008
2009
1.
BAPA
127.212.980.516
134.883.970.713
2.
BKDP
925.683.059.578
861.240.867.371
3.
COWL
207.447.390.282
207.505.008.227
4.
CTRA
8.108.443.360.876
8.553.946.343.429
ELTY
8.334.991.485.092
5.
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
13.
2010
136.358.827.789
1.017.544.318.408
266.939.286.532
9.378.342.136.927
11.592.631.487.233
17.064.195.774.257
287.040.432.423
287.040.432.423
358.990.245.785
1.409.097.674.907
1.409.097.674.907
2.019.232.332.119
2.031.549.057.065
184.596.262.049
181.903.260.317
1.770.704.521.774
95.558.557.641
97.913.906.622
1.594.813.607.122
SMDM
2.031.549.057.065
2.091.913.170.503
170.698.531.956
1.846.259.737.784
RODA
1.184.685.940.567
2.032.644.356.215
110.799.166.772
1.317.110.188.203
1.494.416.508.472
2.048.242.028.932
2.063.046.866
74
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Ukuran Perusahaan Klien)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
17.707.949.598.417
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2011
2012
2013
148.084.624.723
159.093.151.873
175.635.233.972
976.488.666.616
899.948.360.908
845.487.178.846
385.681.565.146
1.778.428.912.031
1.944.913.754.306
11.524.866.822.316
15.023.391.727.244
20.114.871.381.857
15.235.632.983.194
12.301.124.419.066
487.193.845.496
900.597.066.316
1.307.846.871.186
1.236.255.766.968
1.310.251.294.004
1.332.646.538.409
1.948.666.123.846
169.796.417.571
2.728.806.704.532
173.798.341.733
7.361.429.209.148
1.652.514.522.490
2.410.399.588.075
4.591.920.046.013
9.641.813.079.565
101.168.393.496
106.107.435.423
98.129.812.821
2.231.729.483.607
2.442.055.005.634
2.454.961.990
2.637.664.776
2.750.850.730.771
2.950.314.446
75
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Pertumbuhan Perusahaan)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0.18
0.21
-0.14
-0.43
-0.17
0.59
9.46
-0.84
0.43
-0.29
-0.24
-0.15
4.18
0.18
0.02
0.8
0.72
0.06
-0.03
0.02
0.2
0.28
0.52
0.53
0.34
4.93
0.29
0.47
0.45
0.13
5.54
0.05
0.88
0.59
0.26
0.25
-0.24
-9.08
0.01
0.25
-0.08
0.45
2.1
0.19
0.27
0.13
4.05
0.43
-0.14
0.52
-0.09
-0.54
1.41
-0.08
-0.2
0.26
-0.12
1.02
1.16
0.71
-0.3
-8.68
0.03
0.04
-0.07
0.69
5.37
-0.47
1.43
1.53
0.23
2.04
-0.24
-0.01
0.34
0.68
-7.31
0.22
76
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Return on Equity)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0.77
13.41
16.93
7.3
5.13
5.43
0.13
-1.13
-2.02
-2.9
-9
-10
5.56
10.43
6.43
20.33
6.14
4.1
5.1
2.9
5.3
6.4
10.5
15.3
6.04
2.85
2.23
-0.23
-16.45
-3.26
9
12
22
28
27
23
2.15
5.58
5.93
6.88
8.01
13.3
-6.44
7
8.35
2.52
4.96
4.56
0.51
-0.67
-0.34
-0.99
-0.43
-0.39
0.23
0.23
3.47
7.76
11.7
52.43
5.25
6.53
6.75
6.12
9.1
-2.52
-0.81
0.03
-5.9
0.88
5.17
21.89
-1.1
0.2
-0.1
1.4
0.6
1.6
77
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Financial Distress)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
119.39
101.41
82.5
83.26
81.87
89.88
0.31
0.36
0.4
37.9
38.5
43.2
0.43
0.58
1.05
1.35
0.56
0.64
4.4
2.7
5.8
15.7
26.3
42.8
69.52
124.81
82.06
81.54
83.1
72.38
0.4
0.2
0.1
0
0
0
1.64
1.33
0.94
0.9
0.86
0.66
20.83
14.29
7.1
0.08
0.23
0.21
0.87
14.92
8.21
8.63
11.05
1.65
77.29
63.66
82.63
103.15
106.28
106.34
26.4
27.87
41.04
30.4
24.32
18.84
14.12
7.8
7.79
36.45
43.89
37.43
33.9
35
17.1
16.2
19.8
37.6
78
Universitas Sumatera Utara
Lampiran 4.
Uji Descriptive Statistics
GROWTH
0.361282
0.225000
9.460000
-9.080000
2.375313
-0.784383
11.22183
DER
30.83462
15.95000
124.8100
0.000000
35.76233
1.053053
2.852346
KAP_SIZE
0.141026
0.000000
1.000000
0.000000
0.350301
2.062787
5.255088
ROE
5.463077
5.030000
52.43000
-16.45000
9.496234
1.843210
9.830427
SIZE
27.38722
27.87126
30.63248
21.44745
2.036583
-0.861609
4.126832
SWITCH
0.294872
0.000000
1.000000
0.000000
0.458936
0.899714
1.809486
Jarque-Bera
Probability
227.6932
0.000000
14.48681
0.000715
71.84377
0.000000
195.7944
0.000000
13.77749
0.001019
15.12962
0.000518
Sum
Sum Sq. Dev.
28.18000
434.4425
2405.100
98478.71
11.00000
9.448718
426.1200
6943.741
2136.203
319.3708
23.00000
16.21795
Observations
78
78
78
78
78
78
Mean
Median
Maximum
Minimum
Std. Dev.
Skewness
Kurtosis
Lampiran 5.
Uji Multikolinearitas
DER
GROWTH
KAP_SIZE
ROE
SIZE
DER
1.000000
0.022743
-0.019407
0.032171
0.164125
GROWTH KAP_SIZE
0.022743 -0.019407
1.000000 -0.028783
-0.028783
1.000000
0.011331 -0.061192
0.186748
0.248397
ROE
0.032171
0.011331
-0.061192
1.000000
0.064424
SIZE
0.164125
0.186748
0.248397
0.064424
1.000000
79
Universitas Sumatera Utara
Lampiran 6
Binary Logit (Regresi Logistic)
Dependent Variable: SWITCH
Method: ML - Binary Logit (Quadratic hill climbing)
Date: 09/15/14 Time: 11:52
Sample: 1 78
Included observations: 78
Convergence achieved after 5 iterations
QML (Huber/White) standard errors & covariance
Variable
Coefficient
KAP_SIZE
SIZE
GROWTH
ROE
DER
C
-0.523922
-0.092474
-0.049952
0.032401
0.001606
1.488240
McFadden Rsquared
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn
criter.
Restr. Deviance
LR statistic
Prob(LR statistic)
Obs with Dep=0
Obs with Dep=1
Std. Error
z-Statistic
0.838299 -0.624982
0.128095 -0.721917
0.094771 -0.527083
0.028652 1.130867
0.007677 0.209174
3.443047 0.432245
Prob.
0.5320
0.4703
0.5981
0.2581
0.8343
0.6656
0.033145
0.458936
1.326557
1.507843
Mean dependent var 0.294872
S.E. of regression
0.464409
Sum squared resid
15.52865
Log likelihood
-45.73574
1.399129
94.60719
3.135716
0.679072
Deviance
91.47148
Restr. log likelihood -47.30360
Avg. log likelihood -0.586356
55
23
Total obs
78
80
Universitas Sumatera Utara
Lampiran 1. Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Bekasi
Kode
2008
2009
BAPA
EPPS
EPPS
BKDP
Jimmy Budhi & Rekan
Asri
1.
Pemula Tbk
Bukit
Darmo
2.
HLB (Hadori Sugiarto
Property Tbk
Adi & rekan)
Morison International
Morison International
(Tjahjadi, Pradhono &
(Tjahjadi, Pradhono &
Teramihardja)
Teramihardja)
RSM AJJ Associates
Ernst & young
(Aryanto, Amir Jusuf
(Purwantono, Sarwoko
& Mawar)
& Sandjaja)
Dbs & d
Morison International
(Doli, Bambang,
(Tjahjadi, Pradhono &
Sudarmadji & Dadang)
Teramihardja)
Daniel Hassa & Rekan
Daniel Hassa & Rekan
Dbs & d
Dbs & d
(Doli, Bambang,
(Doli, Bambang,
Cowell
3.
COWL
Development Tbk
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa
6.
Makassar
Tourism
GMTD
Development Tbk
Perdana
Gapura
GPRA
7.
Prima Tbk
66
Universitas Sumatera Utara
Sudarmadji & Dadang)
Sudarmadji & Dadang)
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
Global Land and
8.
KPIG
Development Tbk
ARH & J
Laguna
Cipta
9.
LCGP
Ngurah arya & rekan
(Ahmad Rasyid
Griya Tbk
Hisbullah & Jerry)
Ernst & young
Ernst & young
(Purwantono, Sarwoko
(Purwantono, Sarwoko
& Sandjaja)
& Sandjaja)
Modernland
10.
MDLN
Realty Tbk
ARH & J
ISS (Ishak, Saleh,
11.
Metro Realty Tbk
MTSM
(Ahmad Rasyid
Soewondo & rekan)
Hisbullah & Jerry)
Pikko
Land
12.
Parker Randall (Rama
Parker Randall (Rama
Wendra)
Wendra)
Deloitte (Osman Bing
Deloitte (Osman Bing
Satrio & rekan)
Satrio & rekan)
RODA
Development Tbk
Suryamas
13.
Duta
SMDM
Makmur Tbk
67
Universitas Sumatera Utara
Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Kode
Bekasi Asri Pemula
2010
2011
KRESTON
KRESTON
INTERNATIONAL
INTERNATIONAL
HLB (Hadori Sugiarto
HLB (Hadori Sugiarto
Adi & rekan)
Adi & rekan)
Morison International
Crowe Horwath
(Tjahjadi, Pradhono &
(Kosasih, Nurdiyaman,
Teramihardja)
Tjahja & rekan)
Ernst & young
Ernst & young
(Purwantono, Sarwoko &
(Purwantono, Sarwoko
Sandjaja)
& Sandjaja)
Morison International
Crowe Horwath
(Tjahjadi, Pradhono &
(Kosasih, Nurdiyaman,
Teramihardja)
Tjahja & rekan)
BAPA
1.
Tbk
Bukit Darmo
BKDP
2.
Property Tbk
Cowell
3.
COWL
Development Tbk
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa Makassar
Hasnil, M. Yasin &
6.
Tourism
GMTD
Hasnil, M. Yasin & rekan
rekan
Development Tbk
Dbs & d
Dbs & d
(Doli, Bambang,
(Doli, Bambang,
Sudarmadji & Dadang)
Sudarmadji & Dadang)
Perdana Gapura
7.
GPRA
Prima Tbk
68
Universitas Sumatera Utara
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
ARH & J
BWP (Budiman,
(Ahmad Rasyid
Wawan, Pamudji &
Hisbullah & Jerry)
rekan)
BDO (Tanubrata Sutanto
BDO (Tanubrata
Fahmi & rekan)
Sutanto Fahmi & rekan)
Global Land and
8.
KPIG
Development Tbk
Laguna Cipta Griya
9.
LCGP
Tbk
Modernland Realty
MDLN
10.
Tbk
HMS (Maksum,
HMS (Maksum, Suyanto,
11.
Metro Realty Tbk
MTSM
Suyanto, Hirdjan &
Hirdjan & rekan)
rekan)
MOORE STEPHENS
Pikko Land
12.
Parker Randall (Rama
RODA
(Mulyamin Sensi
Development Tbk
Wendra)
Suryanto & Lianny)
Suryamas Duta
13.
Deloitte (Osman Bing
HLB (Hadori Sugiarto
Satrio & rekan)
Adi & rekan)
SMDM
Makmur Tbk
69
Universitas Sumatera Utara
Daftar Data Sampel Real Estate dan Property
No.
Perusahaan
Kode
Bekasi Asri
2012
2013
KRESTON
BAPA
1.
Pemula Tbk
Tjahjadi & Tamara
INTERNATIONAL
Bukit Darmo
HLB (Hadori Sugiarto Adi
HLB (Hadori Sugiarto
& rekan)
Adi & rekan)
BKDP
2.
Property Tbk
Crowe Horwath
Cowell
3.
HLB (Hadori Sugiarto
COWL
(Kosasih, Nurdiyaman,
Development Tbk
Adi & rekan)
Tjahja & rekan)
Ernst & young
Ernst & young
(Purwantono, Sarwoko &
(Purwantono, Sarwoko &
Sandjaja)
Sandjaja)
Crowe Horwath
Crowe Horwath
(Kosasih, Nurdiyaman,
(Kosasih, Nurdiyaman,
Tjahja & rekan)
Tjahja & rekan)
BTFD (Benny, Tony, Frans
BTFD (Benny, Tony,
& Daniel)
Frans & Daniel)
Dbs & d
Crowe Horwath
(Doli, Bambang,
(Kosasih, Nurdiyaman,
Sudarmadji & Dadang)
Tjahja & rekan)
Ciputra
4.
CTRA
Development Tbk
Bakrieland
5.
ELTY
Development Tbk
Goa Makassar
6.
Tourism
GMTD
Development Tbk
Perdana Gapura
7.
GPRA
Prima Tbk
70
Universitas Sumatera Utara
Crowe Horwath
Deloitte (Osman Bing
Global Land and
8.
KPIG
(Kosasih, Nurdiyaman,
Satrio & rekan)
Development Tbk
Tjahja & rekan)
Laguna Cipta
BWP (Budiman, Wawan,
HDT (Herman Dody
Griya Tbk
Pamudji & rekan)
Tanumihardja & rekan)
Modernland
BDO (Tanubrata Sutanto
BDO (Tanubrata Sutanto
Fahmi & rekan)
Fahmi & rekan)
HMS (Maksum, Suyanto,
JCS (Junaedi Chairul
Hirdjan & rekan)
Subyakto)
MOORE STEPHENS
MOORE STEPHENS
(Mulyamin Sensi Suryanto
(Mulyamin Sensi
& Lianny)
Suryanto & Lianny)
HLB (Hadori Sugiarto Adi
HLB (Hadori Sugiarto
& rekan)
Adi & rekan)
9.
LCGP
10.
MDLN
Realty Tbk
11.
Metro Realty Tbk
MTSM
Pikko Land
12.
RODA
Development Tbk
Suryamas Duta
13.
SMDM
Makmur Tbk
71
Universitas Sumatera Utara
Lampiran 2.
Data Sampel Real Estate dan Property (Pergantian Kantor Akuntan Publik)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0
1
1
0
0
1
0
1
0
0
0
0
0
0
0
1
0
1
0
1
0
0
0
0
0
1
0
1
0
0
0
0
1
1
1
0
0
0
0
0
0
1
0
0
0
0
0
1
0
1
0
1
0
1
0
0
1
0
0
0
0
1
1
0
0
1
0
0
0
1
0
0
0
0
0
1
0
0
72
Universitas Sumatera Utara
Lampiran 3
Data Sampel Real Estate dan Property (Reputasi KAP)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
1
0
0
0
73
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Ukuran Perusahaan Klien)
No.
Kode
2008
2009
1.
BAPA
127.212.980.516
134.883.970.713
2.
BKDP
925.683.059.578
861.240.867.371
3.
COWL
207.447.390.282
207.505.008.227
4.
CTRA
8.108.443.360.876
8.553.946.343.429
ELTY
8.334.991.485.092
5.
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
13.
2010
136.358.827.789
1.017.544.318.408
266.939.286.532
9.378.342.136.927
11.592.631.487.233
17.064.195.774.257
287.040.432.423
287.040.432.423
358.990.245.785
1.409.097.674.907
1.409.097.674.907
2.019.232.332.119
2.031.549.057.065
184.596.262.049
181.903.260.317
1.770.704.521.774
95.558.557.641
97.913.906.622
1.594.813.607.122
SMDM
2.031.549.057.065
2.091.913.170.503
170.698.531.956
1.846.259.737.784
RODA
1.184.685.940.567
2.032.644.356.215
110.799.166.772
1.317.110.188.203
1.494.416.508.472
2.048.242.028.932
2.063.046.866
74
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Ukuran Perusahaan Klien)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
17.707.949.598.417
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2011
2012
2013
148.084.624.723
159.093.151.873
175.635.233.972
976.488.666.616
899.948.360.908
845.487.178.846
385.681.565.146
1.778.428.912.031
1.944.913.754.306
11.524.866.822.316
15.023.391.727.244
20.114.871.381.857
15.235.632.983.194
12.301.124.419.066
487.193.845.496
900.597.066.316
1.307.846.871.186
1.236.255.766.968
1.310.251.294.004
1.332.646.538.409
1.948.666.123.846
169.796.417.571
2.728.806.704.532
173.798.341.733
7.361.429.209.148
1.652.514.522.490
2.410.399.588.075
4.591.920.046.013
9.641.813.079.565
101.168.393.496
106.107.435.423
98.129.812.821
2.231.729.483.607
2.442.055.005.634
2.454.961.990
2.637.664.776
2.750.850.730.771
2.950.314.446
75
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Pertumbuhan Perusahaan)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0.18
0.21
-0.14
-0.43
-0.17
0.59
9.46
-0.84
0.43
-0.29
-0.24
-0.15
4.18
0.18
0.02
0.8
0.72
0.06
-0.03
0.02
0.2
0.28
0.52
0.53
0.34
4.93
0.29
0.47
0.45
0.13
5.54
0.05
0.88
0.59
0.26
0.25
-0.24
-9.08
0.01
0.25
-0.08
0.45
2.1
0.19
0.27
0.13
4.05
0.43
-0.14
0.52
-0.09
-0.54
1.41
-0.08
-0.2
0.26
-0.12
1.02
1.16
0.71
-0.3
-8.68
0.03
0.04
-0.07
0.69
5.37
-0.47
1.43
1.53
0.23
2.04
-0.24
-0.01
0.34
0.68
-7.31
0.22
76
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Return on Equity)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
0.77
13.41
16.93
7.3
5.13
5.43
0.13
-1.13
-2.02
-2.9
-9
-10
5.56
10.43
6.43
20.33
6.14
4.1
5.1
2.9
5.3
6.4
10.5
15.3
6.04
2.85
2.23
-0.23
-16.45
-3.26
9
12
22
28
27
23
2.15
5.58
5.93
6.88
8.01
13.3
-6.44
7
8.35
2.52
4.96
4.56
0.51
-0.67
-0.34
-0.99
-0.43
-0.39
0.23
0.23
3.47
7.76
11.7
52.43
5.25
6.53
6.75
6.12
9.1
-2.52
-0.81
0.03
-5.9
0.88
5.17
21.89
-1.1
0.2
-0.1
1.4
0.6
1.6
77
Universitas Sumatera Utara
Data Sampel Real Estate dan Property ( Financial Distress)
No.
Kode
1.
BAPA
2.
BKDP
3.
COWL
4.
CTRA
5.
ELTY
6.
GMTD
7.
GPRA
8.
KPIG
9.
LCGP
10.
MDLN
11.
MTSM
12.
RODA
13.
SMDM
2008
2009
2010
2011
2012
2013
119.39
101.41
82.5
83.26
81.87
89.88
0.31
0.36
0.4
37.9
38.5
43.2
0.43
0.58
1.05
1.35
0.56
0.64
4.4
2.7
5.8
15.7
26.3
42.8
69.52
124.81
82.06
81.54
83.1
72.38
0.4
0.2
0.1
0
0
0
1.64
1.33
0.94
0.9
0.86
0.66
20.83
14.29
7.1
0.08
0.23
0.21
0.87
14.92
8.21
8.63
11.05
1.65
77.29
63.66
82.63
103.15
106.28
106.34
26.4
27.87
41.04
30.4
24.32
18.84
14.12
7.8
7.79
36.45
43.89
37.43
33.9
35
17.1
16.2
19.8
37.6
78
Universitas Sumatera Utara
Lampiran 4.
Uji Descriptive Statistics
GROWTH
0.361282
0.225000
9.460000
-9.080000
2.375313
-0.784383
11.22183
DER
30.83462
15.95000
124.8100
0.000000
35.76233
1.053053
2.852346
KAP_SIZE
0.141026
0.000000
1.000000
0.000000
0.350301
2.062787
5.255088
ROE
5.463077
5.030000
52.43000
-16.45000
9.496234
1.843210
9.830427
SIZE
27.38722
27.87126
30.63248
21.44745
2.036583
-0.861609
4.126832
SWITCH
0.294872
0.000000
1.000000
0.000000
0.458936
0.899714
1.809486
Jarque-Bera
Probability
227.6932
0.000000
14.48681
0.000715
71.84377
0.000000
195.7944
0.000000
13.77749
0.001019
15.12962
0.000518
Sum
Sum Sq. Dev.
28.18000
434.4425
2405.100
98478.71
11.00000
9.448718
426.1200
6943.741
2136.203
319.3708
23.00000
16.21795
Observations
78
78
78
78
78
78
Mean
Median
Maximum
Minimum
Std. Dev.
Skewness
Kurtosis
Lampiran 5.
Uji Multikolinearitas
DER
GROWTH
KAP_SIZE
ROE
SIZE
DER
1.000000
0.022743
-0.019407
0.032171
0.164125
GROWTH KAP_SIZE
0.022743 -0.019407
1.000000 -0.028783
-0.028783
1.000000
0.011331 -0.061192
0.186748
0.248397
ROE
0.032171
0.011331
-0.061192
1.000000
0.064424
SIZE
0.164125
0.186748
0.248397
0.064424
1.000000
79
Universitas Sumatera Utara
Lampiran 6
Binary Logit (Regresi Logistic)
Dependent Variable: SWITCH
Method: ML - Binary Logit (Quadratic hill climbing)
Date: 09/15/14 Time: 11:52
Sample: 1 78
Included observations: 78
Convergence achieved after 5 iterations
QML (Huber/White) standard errors & covariance
Variable
Coefficient
KAP_SIZE
SIZE
GROWTH
ROE
DER
C
-0.523922
-0.092474
-0.049952
0.032401
0.001606
1.488240
McFadden Rsquared
S.D. dependent var
Akaike info criterion
Schwarz criterion
Hannan-Quinn
criter.
Restr. Deviance
LR statistic
Prob(LR statistic)
Obs with Dep=0
Obs with Dep=1
Std. Error
z-Statistic
0.838299 -0.624982
0.128095 -0.721917
0.094771 -0.527083
0.028652 1.130867
0.007677 0.209174
3.443047 0.432245
Prob.
0.5320
0.4703
0.5981
0.2581
0.8343
0.6656
0.033145
0.458936
1.326557
1.507843
Mean dependent var 0.294872
S.E. of regression
0.464409
Sum squared resid
15.52865
Log likelihood
-45.73574
1.399129
94.60719
3.135716
0.679072
Deviance
91.47148
Restr. log likelihood -47.30360
Avg. log likelihood -0.586356
55
23
Total obs
78
80
Universitas Sumatera Utara