Analisis Faktor-faktor yang Mempengaruhi Pengungkapan Going Concern pada Perusahaan Manufaktur yang Mengalami Financial Distress di Bursa Efek Indonesia
I I I IIIII I I IIIII I I IIIII I I IIIII I I IIIII I I IIIII I I IIIII I I IIIII I I IIIII I
Mei
Apr
Ma
Fe
Jan
D
N
O
S
Ag
Tahun 2015
Tahun 2014
KegiaN
: Sumatera Utara U
: Ekon omi dan BisnF
: Akuntansi
P
: 137017039
N
: Tony Susanto N
Lampiran 1: Jadwal Penelitian
Universitas Sumatera Utara
Ujian
9
Perba
8
Semin
7
Bimb
6
Penul
5
Pengo
Pengu
4
Kolo
3
Bimb
2
Penga
Penyu
1
Lampiran 2: Daftar Populasi dan Sampel
No. Nama Perusahaan
PT Akasha Wira International Tbk
1 (Sebelumnya: PT Ades Waters Indonesia
Tbk)
Kode
kr 1 kr 2 Sampel
ADES
v
v
S1
AKKU
v
v
S2
MYTX
AKPI
ARGO
v
v
v
v
v
v
S3
S4
S5
POLY
v
x
BRPT
BUDI
v
v
x
v
CNTX
v
x
ESTI
v
x
FASW
GJTL
INKP
INAI
INAF
v
v
v
v
v
v
v
x
v
v
IPOL
v
x
INDR
IKAI
KBLM
v
v
v
x
v
v
KARW
v
x
21 PT Krakatau Steel (Persero) Tbk
KRAS
v
x
22
23
24
25
26
27
28
29
LMPI
MLIA
MASA
NIPS
UNIT
TKIM
HDTX
PICO
v
v
v
v
v
v
v
v
v
v
x
v
v
x
v
v
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
PT Alam Karya Unggul Tbk (Sebelumnya:
PT Aneka Kemasindo Utama Tbk)
PT Apac Citra Centertex Tbk
PT Argha Karya Prima Industry Tbk
PT Argo Pantes Tbk
PT Asia Pacific Fibers Tbk (Sebelumnya:
PT Polysindo Eka Perkasa Tbk)
PT Barito Pacific Tbk
PT Budi Acid Jaya Tbk
PT Century Textile Industry (CENTEX)
Tbk
PT Ever Shine Textile Industry Tbk
PT Fajar Surya Wisesa Tbk
PT Gajah Tunggal Tbk
PT Indah Kiat Pulp & Paper Tbk
PT Indal Aluminium Industry Tbk
PT Indofarma (Persero) Tbk
PT Indopoly Swakarsa Utama Industry
Tbk
PT Indorama Syntetics Tbk
PT Intikeramik Alamasri Industry Tbk
PT Kabelindo Murni Tbk
PT ICTSI Jasa Prima Tbk (Sebelumnya PT
Karwell Indonesia Tbk)
PT Langgeng Makmur Industry Tbk
PT Mulia Industrindo Tbk
PT Multistrada Arah Sarana Tbk
PT Nipress Tbk
PT Nusantara Inti Corpora Tbk
PT Pabrik Kertas Tjiwi Kimia Tbk
PT Panasia Indosyntec Tbk
PT Pelangi Indah Canindo Tbk
S6
S7
S8
S9
S10
S11
S12
S13
S14
S15
S16
S17
S18
Universitas Sumatera Utara
No.
30
31
32
33
34
35
36
37
38
39
40
41
Nama Perusahaan
PT Pelat Timah Nusantara Tbk
PT Polychem Indonesia Tbk
PT Primarindo Asia Infrastructure Tbk
PT Ricky Putra Globalindo Tbk
PT Saranacentral Bajatama Tbk
PT Schering-Plough Indonesia Tbk
PT Siwani Makmur Tbk
PT Sumalindo Lestari Jaya Tbk
PT Sunson Textile Manufacture Tbk
PT Suparma Tbk
PT Tiga Pilar Sejahtera Food Tbk
PT Tirta Mahakam Resources Tbk
PT Lotte Chemical Titan Tbk
42 (Sebelumnya: PT Titan Kimia Nusantara
Tbk/ PT Fatrapolindo Nusa Industri Tbk)
43 PT Toba Pulp Lestari Tbk
44 PT Unitex Tbk
Kode
Kr 1 Kr 2 Sampel
NIKL
v
x
ADMG
v
x
BIMA
v
v
S19
RICY
v
v
S20
BAJA
v
v
S21
SCPI
v
v
S22
SIMA
v
v
S23
SULI
v
v
S24
SSTM
v
v
S25
SPMA
v
v
S26
AISA
v
v
S27
TIRT
v
v
S28
FPNI
v
x
INRU
UNTX
v
v
x
x
Universitas Sumatera Utara
Lampiran 3: Data Penelitian
KODE EMITEN
ADES
AKKU
PT Akasha Wira
International Tbk
(Sebelumnya: PT
Ades Waters
Indonesia Tbk)
PT Alam Karya
Unggul Tbk
(Sebelumnya: PT
Aneka Kemasindo
Utama Tbk)
MYTX
PT Apac Citra
Centertex Tbk
AKPI
PT Argha Karya
Prima Industry
Tbk
ARGO
PT Argo Pantes
Tbk
BUDI
PT Budi Acid Jaya
Tbk
FASW
PT Fajar Surya
Wisesa Tbk
GJTL
PT Gajah Tunggal
Tbk
INAI
PT Indal
Aluminium
Industry Tbk
INAF
PT Indofarma
(Persero) Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
0
0
0.33
0.33
0
0
0.38
1.65
-0.18
2.22
0
0
11.50
11.59
0
0
2013
2011
2012
0
0
0
0.33
0.33
0.33
0
0
0
1.69
-3.11
-2.92
-0.33
0.90
-0.77
0
0
0
11.64
10.07
10.02
0
0
0
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
1
1
1
1
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0.33
0.50
0.50
0.50
0.33
0.40
0.33
0.50
0.40
0.40
0.33
0.33
0.33
0.33
0.33
0.33
0.38
0.33
0.29
0.40
0.40
0.50
0.00
0.00
0.00
1
1
1
1
0
0
0
1
1
1
1
1
1
0
0
1
0
0
0
0
0
0
0
0
0
0.67
0.10
-0.18
0.16
1.71
1.57
1.47
-0.21
-0.43
0.07
1.71
1.37
1.48
1.33
0.85
0.96
1.84
1.99
1.47
1.38
1.49
1.08
1.91
1.93
1.33
-0.28
-0.48
0.05
-0.61
-0.09
-0.45
0.11
-0.13
0.10
-1.69
0.34
-0.92
7.44
-0.53
-0.96
-48.06
-0.18
0.65
-0.89
0.66
-0.12
-0.78
1.94
0.15
-2.28
0
1
1
1
0
0
0
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
10.66
12.27
12.26
12.32
12.19
12.23
12.32
12.16
12.26
12.37
12.33
12.36
12.38
12.69
12.75
12.76
13.06
13.11
13.19
11.74
11.79
11.88
12.05
12.08
12.11
0
0
0
0
1
1
1
0
0
0
0
0
0
1
1
1
1
1
1
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
KODE
EMITEN
IKAI
PT Intikeramik
Alamasri Industry
Tbk
KBLM
PT Kabelindo
Murni Tbk
LMPI
PT Langgeng
Makmur Industry
Tbk
MLIA
PT Mulia
Industrindo Tbk
NIPS
PT Nipress Tbk
UNIT
PT Nusantara Inti
Corpora Tbk
HDTX
PT Panasia
Indosyntec Tbk
PICO
PT Pelangi Indah
Canindo Tbk
BIMA
PT Primarindo
Asia
Infrastructure
Tbk
RICY
PT Ricky Putra
Globalindo Tbk
BAJA
PT Saranacentral
Bajatama Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0.50
0.50
0.50
0.33
0.33
0.33
0.50
0.50
0.50
0.33
0.33
0.40
0.33
0.25
0.33
0.50
0.33
0.50
0.50
0.25
0.33
0.33
0.33
0.50
0.50
0.67
1
1
1
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0.29
0.16
0.21
1.73
1.84
1.98
1.37
1.15
1.11
0.36
0.47
0.24
1.79
2.00
1.67
2.01
0.92
0.56
1.40
0.85
-0.09
1.56
1.48
1.67
-0.79
-0.19
0.29
-0.22
0.09
3.89
0.25
-0.68
0.94
-0.56
-6.08
-1.02
-0.20
14.61
0.41
0.21
0.57
0.46
-0.85
1.36
54.02
-0.82
-71.49
0.02
-0.09
0.42
-0.73
0.08
1
1
1
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
11.74
11.71
11.68
11.81
11.86
11.82
11.84
11.91
11.91
12.79
12.82
12.86
11.65
11.72
11.90
11.48
11.58
11.66
12.01
12.13
12.38
11.75
11.77
11.79
10.96
11.00
0
0
0
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2013
2011
2012
2013
2011
2012
2013
1
0
0
0
0
0
0
0.67
0.33
0.33
0.33
0.40
0.40
0.33
1
0
0
0
0
0
0
-0.78
1.65
0.87
0.95
1.71
1.61
0.81
-7.16
0.12
0.39
-0.49
2.23
0.14
-5.08
1
0
0
0
0
0
0
11.07
11.81
11.93
12.05
11.83
11.91
11.93
0
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
KODE
EMITEN
SCPI
PT Merck Sharp
Dohme Pharma
Tbk (Sebelumnya
PT ScheringPlough Indonesia
Tbk)
SIMA
PT Siwani
Makmur Tbk
SULI
PT SLJ Global
Tbk (Sebelumnya
PT Sumalindo
Lestari Jaya Tbk)
SSTM
PT Sunson
Textile
Manufacture Tbk
SPMA PT Suparma Tbk
AISA
PT Tiga Pilar
Sejahtera Food
Tbk
TIRT
PT Tirta
Mahakam
Resources Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
0
0
0.33
0.33
0
0
1.01
0.78
2.16
-0.29
0
0
11.49
11.64
1
1
2013
2011
2012
2013
2011
2012
0
1
1
0
1
1
0.33
0.00
0.33
0.33
0.40
0.40
0
1
1
1
1
1
0.78
-3.55
-1.54
-0.98
-1.60
-2.01
-0.32
2.45
-0.84
0.31
-186.89
-0.52
0
1
1
1
1
1
11.87
10.68
10.69
10.82
12.23
12.15
1
0
0
0
1
1
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
1
0
1
1
0
0
0
0
0
0
0
0
0
0.33
0.33
0.33
0.33
0.40
0.40
0.40
0.40
0.40
0.33
0.50
0.50
0.33
1
1
1
1
1
1
1
1
1
1
0
0
0
-3.23
0.71
0.92
0.86
1.36
1.46
1.16
1.27
1.55
1.70
1.10
0.89
0.03
1.16
-3.43
-0.41
-0.06
0.12
0.21
-1.60
0.87
0.69
0.37
-1.42
-8.76
0.44
1
0
0
1
0
0
0
0
0
0
0
0
0
11.97
11.93
11.91
11.90
12.19
12.22
12.25
12.56
12.59
12.70
11.84
11.83
11.86
1
0
0
0
0
0
0
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
Lampiran 4: Deskripsi Data
1. Statistik Deskriptif
N
Minimum
Maximum
Mean
Std. Deviation
Proporsi Komisaris
Independen
84
.00000
.66667
.3709609
.11679949
Kondisi Keuangan
84
-3.55338
2.01031
.7139208
1.24044815
84
-186.89396
54.02181
-3.0468499
23.29251221
10582842395 15350754000000 1838845359851
2724431688684
Pertumbuhan
Perusahaan
Ukuran
Perusahaan
Valid N (listwise)
84
84
2. Kelompok Financial Distress
KELOMPOK
Going Concern (GC)
Non Going Concern (NGC)
Jumlah Perusahaan
JUMLAH PERUSAHAAN
2011
2012
2013
7
8
7
21
20
21
28
28
28
GRAND
TOTAL
22
62
84
3. Distribusi Frekuensi
Pengungkapan Going Concern
Non Going
Concern
Default Hutang tidak default
Count
0
49
58.3%
.0%
58.3%
13
22
35
% of Total
Count
15.5%
62
26.2%
22
41.7%
84
% of Total
73.8%
26.2%
100.0%
% of Total
Opini Audit
Tahun
Sebelumnya
opini NGC
sebelumnya
Count
opini GC tahun
sebelumnya
Count
Total
Skala Auditor
Total
Total
49
status debt default Count
Total
Going
Concern
% of Total
59
2
61
70.2%
2.4%
72.6%
3
20
23
% of Total
Count
3.6%
62
23.8%
22
27.4%
84
% of Total
73.8%
26.2%
100.0%
KAP bukan big
four
Count
47
19
66
56.0%
22.6%
78.6%
KAP big four
Count
15
3
18
% of Total
Count
17.9%
62
3.6%
22
21.4%
84
% of Total
73.8%
26.2%
100.0%
% of Total
Universitas Sumatera Utara
Lampiran 5: Uji Multikolinieritas
Model
1 Correl
ations
Skala
Auditor
1.000
.193
Proporsi
Komisaris
Independe
n
.014
-.079
Default
Hutang
.193
1.000
Skala Auditor
Default Hutang
Proporsi Komisaris
Independen
.014
-.079
Pertumbuhan
Perusahaan
.078
-.020
Kondisi Keuangan
.450
.253
Ukuran Perusahaan
-.600
-.341
Opini Audit Tahun
Sebelumnya
.105
-.575
Covari Skala Auditor
.006
.001
ances Default Hutang
.001
.006
Proporsi Komisaris
Independen
.000
-.001
Pertumbuhan
Perusahaan
6.988E-6 -1.798E-6
Kondisi Keuangan
.001
.001
Ukuran Perusahaan
-.003
-.002
Opini Audit Tahun
Sebelumnya
.001
-.004
a. Dependent Variable: Pengungkapan Going Concern
Pertumbuhan
Kondisi
Perusahaan Keuangan
.078
.450
-.020
.253
Ukuran
Perusah
aan
-.600
-.341
Opini
Audit
Tahun
Sebelum
nya
.105
-.575
1.000
.001
-.122
.081
-.162
.001
-.122
.081
1.000
-.201
.137
-.201
1.000
-.674
.137
-.674
1.000
.010
.333
-.061
-.162
.000
-.001
.010
6.988E-6
-1.798E-6
.333
.001
.001
-.061
-.003
-.002
1.000
.001
-.004
.051
2.912E-7
-.001
.001
-.003
2.912E-7
-.001
.001
1.302E-6
-7.657E-6
1.039E-5
-.003
1.052E-6
-7.657E-6 1.039E-5 1.052E-6
.001
-.001
.001
-.001
.004
.000
.001
.000
Nilai Tolerance dan VIF
Model
Collinearity Statistics
Tolerance
VIF
(Constant)
Proporsi Komisaris Independen
.915
1.093
Default Hutang
.415
2.410
Kondisi Keuangan
.367
2.725
Pertumbuhan Perusahaan
.895
1.118
Opini Audit Tahun Sebelumnya
.386
2.592
Ukuran Perusahaan
.404
2.473
Skala Auditor
.599
1.669
Universitas Sumatera Utara
.008
Lampiran 6: Uji Autokorelasi
Runs Test
Difference between
observed and
predicted
probabilities
Test Valuea
.00000
Cases < Test Value
42
Cases >= Test Value
42
Total Cases
84
Number of Runs
35
Z
-1.756
Asymp. Sig. (2-tailed)
.079
a. Median
Lampiran 7: Hasil Uji Regresi Logistik
Logistic Regression
Case Processing Summary
Unweighted Casesa
N
Percent
Selected Cases
Included in Analysis
84
100.0
Missing Cases
0
.0
Total
84
100.0
Unselected Cases
0
.0
Total
84
100.0
a. If weight is in effect, see classification table for the total number of
cases.
Dependent Variable Encoding
Original Value
Internal Value
Non Going Concern
0
Going Concern
1
Block 0: Beginning Block
Iteration Historya,b,c
Iteration
Coefficients
-2 Log
likelihood
Constant
Step 0
1
96.722
-.952
2
96.607
-1.035
3
96.607
-1.036
4
96.607
-1.036
a. Constant is included in the model.
b. Initial -2 Log Likelihood: 96.607
c. Estimation terminated at iteration number 4
because parameter estimates changed by less than
.001.
Universitas Sumatera Utara
Classification Tablea,b
Observed
Predicted
Pengungkapan Going
Concern
Step 0 Pengungkapan Going
Concern
Non Going
Going
Percentage
Concern
Concern
Correct
Non Going Concern
62
0
100.0
Going Concern
22
0
.0
Overall Percentage
73.8
a. Constant is included in the model.
b. The cut value is .500
Variables in the Equation
B
Step 0
Constant
-1.036
S.E.
.248
Wald
df
17.431
Sig.
1
.000
Exp(B)
.355
Variables not in the Equation
Score
Step 0
Variables
DCOMM
df
Sig.
5.584
1
.018
DEFAULT
41.729
1
.000
ZSCORE
22.730
1
.000
1.922
1
.166
OPINI
60.498
1
.000
SIZE
2.648
1
.104
KAP
1.075
1
.300
63.376
7
.000
EATGR
Overall Statistics
Universitas Sumatera Utara
Block 1: Method = Enter
Iteration Historya,b,c,d
Iteration
-2 Log
likelihood
39.987
28.885
24.278
22.233
21.442
21.189
21.116
21.090
21.081
21.077
21.076
21.076
21.076
21.075
21.075
21.075
21.075
21.075
21.075
21.075
Step 1
Constant
1.679
4.602
5.344
4.262
3.347
2.355
1.232
.200
-.803
-1.804
-2.804
-3.804
-4.804
-5.804
-6.804
-7.804
-8.804
-9.804
-10.804
-11.804
DCOMM
.641
1.910
4.206
6.615
7.961
8.214
8.123
8.101
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
Coefficients
DEFAULT
.774
1.794
3.007
4.401
5.905
7.261
8.370
9.386
10.388
11.389
12.389
13.389
14.389
15.389
16.389
17.389
18.389
19.389
20.389
21.389
ZSCORE
-.013
-.063
-.218
-.426
-.589
-.679
-.708
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
EATGR
-.004
-.009
-.015
-.023
-.033
-.044
-.047
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 96.607
d. Estimation terminated at iteration number 20 because maximum iterations has been reached. Final
solution cannot be found.
Iteration
Step 1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Iteration Historya,b,c,d
Coefficients
OPINI
SIZE
2.586
-.325
2.973
-.699
2.886
-.914
2.800
-.994
2.785
-1.069
2.807
-1.100
2.816
-1.094
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
KAP
-.100
-.401
-1.005
-1.582
-1.979
-2.224
-2.316
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
Universitas Sumatera Utara
20
2.817
-1.092
-2.328
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 96.607
d. Estimation terminated at iteration number 20
because maximum iterations has been reached. Final
solution cannot be found.
Omnibus Tests of Model Coefficients
Chi-square
Step 1
df
Sig.
Step
75.531
7
.000
Block
75.531
7
.000
Model
75.531
7
.000
Model Summary
Step
-2 Log
Cox & Snell R
Nagelkerke R
likelihood
Square
Square
21.075a
1
.593
.868
a. Estimation terminated at iteration number 20 because
maximum iterations has been reached. Final solution cannot
be found.
Hosmer and Lemeshow Test
Step
Chi-square
1
Step 1
4.382
1
2
3
4
5
6
7
8
9
10
df
Sig.
8
.821
Contingency Table for Hosmer and Lemeshow Test
Pengungkapan Going Concern =
Pengungkapan Going Concern =
Non Going Concern
Going Concern
Observed
Expected
Observed
Expected
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
7.408
0
.592
5
5.247
3
2.753
0
1.103
8
6.897
1
.242
11
11.758
Total
8
8
8
8
8
8
8
8
8
12
Universitas Sumatera Utara
Classification Tablea
Observed
Predicted
Pengungkapan Going
Concern
Step 1
Pengungkapan Going
Non Going Concern
Concern
Going Concern
Non Going
Going
Percentage
Concern
Concern
Correct
60
2
96.8
1
21
95.5
Overall Percentage
96.4
a. The cut value is .500
Variables in the Equation
B
a
Step 1
DCOMM
S.E.
Wald
df
Sig.
Exp(B)
8.100
9.092
.794
1
.373
3293.511
21.389
4709.924
.000
1
.996
1.946E9
ZSCORE
-.711
.762
.872
1
.350
.491
EATGR
-.048
.082
.336
1
.562
.953
OPINI
2.817
1.338
4.432
1
.035
16.724
SIZE
-1.092
1.427
.586
1
.444
.336
KAP
-2.328
2.492
.873
1
.350
.097
-11.804
4709.949
.000
1
.998
.000
DEFAULT
Constant
a. Variable(s) entered on step 1: DCOMM, DEFAULT, ZSCORE, EATGR, OPINI, SIZE, KAP.
Correlation Matrix
Constant DCOMM DEFAULT
ZSCORE
EATGR
OPINI
SIZE
KAP
Step 1 Constant
1.000
.000
-1.000
.002
.000
.001
-.003
.002
DCOMM
.000
1.000
.000
.109
-.016
.096
-.292
.153
-1.000
.000
1.000
.000
.000
.000
.000
.000
ZSCORE
.002
.109
.000
1.000
.178
.352
-.611
.712
EATGR
.000
-.016
.000
.178
1.000
-.274
-.020
.398
OPINI
.001
.096
.000
.352
-.274
1.000
-.351
.059
SIZE
-.003
-.292
.000
-.611
-.020
-.351
1.000
-.540
KAP
.002
.153
.000
.712
.398
.059
-.540
1.000
DEFAULT
Universitas Sumatera Utara
Mei
Apr
Ma
Fe
Jan
D
N
O
S
Ag
Tahun 2015
Tahun 2014
KegiaN
: Sumatera Utara U
: Ekon omi dan BisnF
: Akuntansi
P
: 137017039
N
: Tony Susanto N
Lampiran 1: Jadwal Penelitian
Universitas Sumatera Utara
Ujian
9
Perba
8
Semin
7
Bimb
6
Penul
5
Pengo
Pengu
4
Kolo
3
Bimb
2
Penga
Penyu
1
Lampiran 2: Daftar Populasi dan Sampel
No. Nama Perusahaan
PT Akasha Wira International Tbk
1 (Sebelumnya: PT Ades Waters Indonesia
Tbk)
Kode
kr 1 kr 2 Sampel
ADES
v
v
S1
AKKU
v
v
S2
MYTX
AKPI
ARGO
v
v
v
v
v
v
S3
S4
S5
POLY
v
x
BRPT
BUDI
v
v
x
v
CNTX
v
x
ESTI
v
x
FASW
GJTL
INKP
INAI
INAF
v
v
v
v
v
v
v
x
v
v
IPOL
v
x
INDR
IKAI
KBLM
v
v
v
x
v
v
KARW
v
x
21 PT Krakatau Steel (Persero) Tbk
KRAS
v
x
22
23
24
25
26
27
28
29
LMPI
MLIA
MASA
NIPS
UNIT
TKIM
HDTX
PICO
v
v
v
v
v
v
v
v
v
v
x
v
v
x
v
v
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
PT Alam Karya Unggul Tbk (Sebelumnya:
PT Aneka Kemasindo Utama Tbk)
PT Apac Citra Centertex Tbk
PT Argha Karya Prima Industry Tbk
PT Argo Pantes Tbk
PT Asia Pacific Fibers Tbk (Sebelumnya:
PT Polysindo Eka Perkasa Tbk)
PT Barito Pacific Tbk
PT Budi Acid Jaya Tbk
PT Century Textile Industry (CENTEX)
Tbk
PT Ever Shine Textile Industry Tbk
PT Fajar Surya Wisesa Tbk
PT Gajah Tunggal Tbk
PT Indah Kiat Pulp & Paper Tbk
PT Indal Aluminium Industry Tbk
PT Indofarma (Persero) Tbk
PT Indopoly Swakarsa Utama Industry
Tbk
PT Indorama Syntetics Tbk
PT Intikeramik Alamasri Industry Tbk
PT Kabelindo Murni Tbk
PT ICTSI Jasa Prima Tbk (Sebelumnya PT
Karwell Indonesia Tbk)
PT Langgeng Makmur Industry Tbk
PT Mulia Industrindo Tbk
PT Multistrada Arah Sarana Tbk
PT Nipress Tbk
PT Nusantara Inti Corpora Tbk
PT Pabrik Kertas Tjiwi Kimia Tbk
PT Panasia Indosyntec Tbk
PT Pelangi Indah Canindo Tbk
S6
S7
S8
S9
S10
S11
S12
S13
S14
S15
S16
S17
S18
Universitas Sumatera Utara
No.
30
31
32
33
34
35
36
37
38
39
40
41
Nama Perusahaan
PT Pelat Timah Nusantara Tbk
PT Polychem Indonesia Tbk
PT Primarindo Asia Infrastructure Tbk
PT Ricky Putra Globalindo Tbk
PT Saranacentral Bajatama Tbk
PT Schering-Plough Indonesia Tbk
PT Siwani Makmur Tbk
PT Sumalindo Lestari Jaya Tbk
PT Sunson Textile Manufacture Tbk
PT Suparma Tbk
PT Tiga Pilar Sejahtera Food Tbk
PT Tirta Mahakam Resources Tbk
PT Lotte Chemical Titan Tbk
42 (Sebelumnya: PT Titan Kimia Nusantara
Tbk/ PT Fatrapolindo Nusa Industri Tbk)
43 PT Toba Pulp Lestari Tbk
44 PT Unitex Tbk
Kode
Kr 1 Kr 2 Sampel
NIKL
v
x
ADMG
v
x
BIMA
v
v
S19
RICY
v
v
S20
BAJA
v
v
S21
SCPI
v
v
S22
SIMA
v
v
S23
SULI
v
v
S24
SSTM
v
v
S25
SPMA
v
v
S26
AISA
v
v
S27
TIRT
v
v
S28
FPNI
v
x
INRU
UNTX
v
v
x
x
Universitas Sumatera Utara
Lampiran 3: Data Penelitian
KODE EMITEN
ADES
AKKU
PT Akasha Wira
International Tbk
(Sebelumnya: PT
Ades Waters
Indonesia Tbk)
PT Alam Karya
Unggul Tbk
(Sebelumnya: PT
Aneka Kemasindo
Utama Tbk)
MYTX
PT Apac Citra
Centertex Tbk
AKPI
PT Argha Karya
Prima Industry
Tbk
ARGO
PT Argo Pantes
Tbk
BUDI
PT Budi Acid Jaya
Tbk
FASW
PT Fajar Surya
Wisesa Tbk
GJTL
PT Gajah Tunggal
Tbk
INAI
PT Indal
Aluminium
Industry Tbk
INAF
PT Indofarma
(Persero) Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
0
0
0.33
0.33
0
0
0.38
1.65
-0.18
2.22
0
0
11.50
11.59
0
0
2013
2011
2012
0
0
0
0.33
0.33
0.33
0
0
0
1.69
-3.11
-2.92
-0.33
0.90
-0.77
0
0
0
11.64
10.07
10.02
0
0
0
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
1
1
1
1
0
0
0
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0.33
0.50
0.50
0.50
0.33
0.40
0.33
0.50
0.40
0.40
0.33
0.33
0.33
0.33
0.33
0.33
0.38
0.33
0.29
0.40
0.40
0.50
0.00
0.00
0.00
1
1
1
1
0
0
0
1
1
1
1
1
1
0
0
1
0
0
0
0
0
0
0
0
0
0.67
0.10
-0.18
0.16
1.71
1.57
1.47
-0.21
-0.43
0.07
1.71
1.37
1.48
1.33
0.85
0.96
1.84
1.99
1.47
1.38
1.49
1.08
1.91
1.93
1.33
-0.28
-0.48
0.05
-0.61
-0.09
-0.45
0.11
-0.13
0.10
-1.69
0.34
-0.92
7.44
-0.53
-0.96
-48.06
-0.18
0.65
-0.89
0.66
-0.12
-0.78
1.94
0.15
-2.28
0
1
1
1
0
0
0
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
10.66
12.27
12.26
12.32
12.19
12.23
12.32
12.16
12.26
12.37
12.33
12.36
12.38
12.69
12.75
12.76
13.06
13.11
13.19
11.74
11.79
11.88
12.05
12.08
12.11
0
0
0
0
1
1
1
0
0
0
0
0
0
1
1
1
1
1
1
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
KODE
EMITEN
IKAI
PT Intikeramik
Alamasri Industry
Tbk
KBLM
PT Kabelindo
Murni Tbk
LMPI
PT Langgeng
Makmur Industry
Tbk
MLIA
PT Mulia
Industrindo Tbk
NIPS
PT Nipress Tbk
UNIT
PT Nusantara Inti
Corpora Tbk
HDTX
PT Panasia
Indosyntec Tbk
PICO
PT Pelangi Indah
Canindo Tbk
BIMA
PT Primarindo
Asia
Infrastructure
Tbk
RICY
PT Ricky Putra
Globalindo Tbk
BAJA
PT Saranacentral
Bajatama Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0.50
0.50
0.50
0.33
0.33
0.33
0.50
0.50
0.50
0.33
0.33
0.40
0.33
0.25
0.33
0.50
0.33
0.50
0.50
0.25
0.33
0.33
0.33
0.50
0.50
0.67
1
1
1
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
1
1
0.29
0.16
0.21
1.73
1.84
1.98
1.37
1.15
1.11
0.36
0.47
0.24
1.79
2.00
1.67
2.01
0.92
0.56
1.40
0.85
-0.09
1.56
1.48
1.67
-0.79
-0.19
0.29
-0.22
0.09
3.89
0.25
-0.68
0.94
-0.56
-6.08
-1.02
-0.20
14.61
0.41
0.21
0.57
0.46
-0.85
1.36
54.02
-0.82
-71.49
0.02
-0.09
0.42
-0.73
0.08
1
1
1
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
1
11.74
11.71
11.68
11.81
11.86
11.82
11.84
11.91
11.91
12.79
12.82
12.86
11.65
11.72
11.90
11.48
11.58
11.66
12.01
12.13
12.38
11.75
11.77
11.79
10.96
11.00
0
0
0
0
0
0
0
0
0
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2013
2011
2012
2013
2011
2012
2013
1
0
0
0
0
0
0
0.67
0.33
0.33
0.33
0.40
0.40
0.33
1
0
0
0
0
0
0
-0.78
1.65
0.87
0.95
1.71
1.61
0.81
-7.16
0.12
0.39
-0.49
2.23
0.14
-5.08
1
0
0
0
0
0
0
11.07
11.81
11.93
12.05
11.83
11.91
11.93
0
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
KODE
EMITEN
SCPI
PT Merck Sharp
Dohme Pharma
Tbk (Sebelumnya
PT ScheringPlough Indonesia
Tbk)
SIMA
PT Siwani
Makmur Tbk
SULI
PT SLJ Global
Tbk (Sebelumnya
PT Sumalindo
Lestari Jaya Tbk)
SSTM
PT Sunson
Textile
Manufacture Tbk
SPMA PT Suparma Tbk
AISA
PT Tiga Pilar
Sejahtera Food
Tbk
TIRT
PT Tirta
Mahakam
Resources Tbk
TAHUN
Y
X1
X2
X3
X4
X5
X6
X7
2011
2012
0
0
0.33
0.33
0
0
1.01
0.78
2.16
-0.29
0
0
11.49
11.64
1
1
2013
2011
2012
2013
2011
2012
0
1
1
0
1
1
0.33
0.00
0.33
0.33
0.40
0.40
0
1
1
1
1
1
0.78
-3.55
-1.54
-0.98
-1.60
-2.01
-0.32
2.45
-0.84
0.31
-186.89
-0.52
0
1
1
1
1
1
11.87
10.68
10.69
10.82
12.23
12.15
1
0
0
0
1
1
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
2011
2012
2013
1
0
1
1
0
0
0
0
0
0
0
0
0
0.33
0.33
0.33
0.33
0.40
0.40
0.40
0.40
0.40
0.33
0.50
0.50
0.33
1
1
1
1
1
1
1
1
1
1
0
0
0
-3.23
0.71
0.92
0.86
1.36
1.46
1.16
1.27
1.55
1.70
1.10
0.89
0.03
1.16
-3.43
-0.41
-0.06
0.12
0.21
-1.60
0.87
0.69
0.37
-1.42
-8.76
0.44
1
0
0
1
0
0
0
0
0
0
0
0
0
11.97
11.93
11.91
11.90
12.19
12.22
12.25
12.56
12.59
12.70
11.84
11.83
11.86
1
0
0
0
0
0
0
0
0
0
0
0
0
Keterangan:
Y
: Pengungkapan Going Concern
X1 : Proporsi Komisaris Independen
X2 : Default Hutang
X3 : Kondisi Keuangan
X4
X5
X6
X7
: Pertumbuhan Perusahaan
: Opini Audit Tahun Sebelumnya
: Ukuran Perusahaan
: Skala Auditor
Universitas Sumatera Utara
Lampiran 4: Deskripsi Data
1. Statistik Deskriptif
N
Minimum
Maximum
Mean
Std. Deviation
Proporsi Komisaris
Independen
84
.00000
.66667
.3709609
.11679949
Kondisi Keuangan
84
-3.55338
2.01031
.7139208
1.24044815
84
-186.89396
54.02181
-3.0468499
23.29251221
10582842395 15350754000000 1838845359851
2724431688684
Pertumbuhan
Perusahaan
Ukuran
Perusahaan
Valid N (listwise)
84
84
2. Kelompok Financial Distress
KELOMPOK
Going Concern (GC)
Non Going Concern (NGC)
Jumlah Perusahaan
JUMLAH PERUSAHAAN
2011
2012
2013
7
8
7
21
20
21
28
28
28
GRAND
TOTAL
22
62
84
3. Distribusi Frekuensi
Pengungkapan Going Concern
Non Going
Concern
Default Hutang tidak default
Count
0
49
58.3%
.0%
58.3%
13
22
35
% of Total
Count
15.5%
62
26.2%
22
41.7%
84
% of Total
73.8%
26.2%
100.0%
% of Total
Opini Audit
Tahun
Sebelumnya
opini NGC
sebelumnya
Count
opini GC tahun
sebelumnya
Count
Total
Skala Auditor
Total
Total
49
status debt default Count
Total
Going
Concern
% of Total
59
2
61
70.2%
2.4%
72.6%
3
20
23
% of Total
Count
3.6%
62
23.8%
22
27.4%
84
% of Total
73.8%
26.2%
100.0%
KAP bukan big
four
Count
47
19
66
56.0%
22.6%
78.6%
KAP big four
Count
15
3
18
% of Total
Count
17.9%
62
3.6%
22
21.4%
84
% of Total
73.8%
26.2%
100.0%
% of Total
Universitas Sumatera Utara
Lampiran 5: Uji Multikolinieritas
Model
1 Correl
ations
Skala
Auditor
1.000
.193
Proporsi
Komisaris
Independe
n
.014
-.079
Default
Hutang
.193
1.000
Skala Auditor
Default Hutang
Proporsi Komisaris
Independen
.014
-.079
Pertumbuhan
Perusahaan
.078
-.020
Kondisi Keuangan
.450
.253
Ukuran Perusahaan
-.600
-.341
Opini Audit Tahun
Sebelumnya
.105
-.575
Covari Skala Auditor
.006
.001
ances Default Hutang
.001
.006
Proporsi Komisaris
Independen
.000
-.001
Pertumbuhan
Perusahaan
6.988E-6 -1.798E-6
Kondisi Keuangan
.001
.001
Ukuran Perusahaan
-.003
-.002
Opini Audit Tahun
Sebelumnya
.001
-.004
a. Dependent Variable: Pengungkapan Going Concern
Pertumbuhan
Kondisi
Perusahaan Keuangan
.078
.450
-.020
.253
Ukuran
Perusah
aan
-.600
-.341
Opini
Audit
Tahun
Sebelum
nya
.105
-.575
1.000
.001
-.122
.081
-.162
.001
-.122
.081
1.000
-.201
.137
-.201
1.000
-.674
.137
-.674
1.000
.010
.333
-.061
-.162
.000
-.001
.010
6.988E-6
-1.798E-6
.333
.001
.001
-.061
-.003
-.002
1.000
.001
-.004
.051
2.912E-7
-.001
.001
-.003
2.912E-7
-.001
.001
1.302E-6
-7.657E-6
1.039E-5
-.003
1.052E-6
-7.657E-6 1.039E-5 1.052E-6
.001
-.001
.001
-.001
.004
.000
.001
.000
Nilai Tolerance dan VIF
Model
Collinearity Statistics
Tolerance
VIF
(Constant)
Proporsi Komisaris Independen
.915
1.093
Default Hutang
.415
2.410
Kondisi Keuangan
.367
2.725
Pertumbuhan Perusahaan
.895
1.118
Opini Audit Tahun Sebelumnya
.386
2.592
Ukuran Perusahaan
.404
2.473
Skala Auditor
.599
1.669
Universitas Sumatera Utara
.008
Lampiran 6: Uji Autokorelasi
Runs Test
Difference between
observed and
predicted
probabilities
Test Valuea
.00000
Cases < Test Value
42
Cases >= Test Value
42
Total Cases
84
Number of Runs
35
Z
-1.756
Asymp. Sig. (2-tailed)
.079
a. Median
Lampiran 7: Hasil Uji Regresi Logistik
Logistic Regression
Case Processing Summary
Unweighted Casesa
N
Percent
Selected Cases
Included in Analysis
84
100.0
Missing Cases
0
.0
Total
84
100.0
Unselected Cases
0
.0
Total
84
100.0
a. If weight is in effect, see classification table for the total number of
cases.
Dependent Variable Encoding
Original Value
Internal Value
Non Going Concern
0
Going Concern
1
Block 0: Beginning Block
Iteration Historya,b,c
Iteration
Coefficients
-2 Log
likelihood
Constant
Step 0
1
96.722
-.952
2
96.607
-1.035
3
96.607
-1.036
4
96.607
-1.036
a. Constant is included in the model.
b. Initial -2 Log Likelihood: 96.607
c. Estimation terminated at iteration number 4
because parameter estimates changed by less than
.001.
Universitas Sumatera Utara
Classification Tablea,b
Observed
Predicted
Pengungkapan Going
Concern
Step 0 Pengungkapan Going
Concern
Non Going
Going
Percentage
Concern
Concern
Correct
Non Going Concern
62
0
100.0
Going Concern
22
0
.0
Overall Percentage
73.8
a. Constant is included in the model.
b. The cut value is .500
Variables in the Equation
B
Step 0
Constant
-1.036
S.E.
.248
Wald
df
17.431
Sig.
1
.000
Exp(B)
.355
Variables not in the Equation
Score
Step 0
Variables
DCOMM
df
Sig.
5.584
1
.018
DEFAULT
41.729
1
.000
ZSCORE
22.730
1
.000
1.922
1
.166
OPINI
60.498
1
.000
SIZE
2.648
1
.104
KAP
1.075
1
.300
63.376
7
.000
EATGR
Overall Statistics
Universitas Sumatera Utara
Block 1: Method = Enter
Iteration Historya,b,c,d
Iteration
-2 Log
likelihood
39.987
28.885
24.278
22.233
21.442
21.189
21.116
21.090
21.081
21.077
21.076
21.076
21.076
21.075
21.075
21.075
21.075
21.075
21.075
21.075
Step 1
Constant
1.679
4.602
5.344
4.262
3.347
2.355
1.232
.200
-.803
-1.804
-2.804
-3.804
-4.804
-5.804
-6.804
-7.804
-8.804
-9.804
-10.804
-11.804
DCOMM
.641
1.910
4.206
6.615
7.961
8.214
8.123
8.101
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
8.100
Coefficients
DEFAULT
.774
1.794
3.007
4.401
5.905
7.261
8.370
9.386
10.388
11.389
12.389
13.389
14.389
15.389
16.389
17.389
18.389
19.389
20.389
21.389
ZSCORE
-.013
-.063
-.218
-.426
-.589
-.679
-.708
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
-.711
EATGR
-.004
-.009
-.015
-.023
-.033
-.044
-.047
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
-.048
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 96.607
d. Estimation terminated at iteration number 20 because maximum iterations has been reached. Final
solution cannot be found.
Iteration
Step 1
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
Iteration Historya,b,c,d
Coefficients
OPINI
SIZE
2.586
-.325
2.973
-.699
2.886
-.914
2.800
-.994
2.785
-1.069
2.807
-1.100
2.816
-1.094
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
2.817
-1.092
KAP
-.100
-.401
-1.005
-1.582
-1.979
-2.224
-2.316
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
-2.328
Universitas Sumatera Utara
20
2.817
-1.092
-2.328
a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 96.607
d. Estimation terminated at iteration number 20
because maximum iterations has been reached. Final
solution cannot be found.
Omnibus Tests of Model Coefficients
Chi-square
Step 1
df
Sig.
Step
75.531
7
.000
Block
75.531
7
.000
Model
75.531
7
.000
Model Summary
Step
-2 Log
Cox & Snell R
Nagelkerke R
likelihood
Square
Square
21.075a
1
.593
.868
a. Estimation terminated at iteration number 20 because
maximum iterations has been reached. Final solution cannot
be found.
Hosmer and Lemeshow Test
Step
Chi-square
1
Step 1
4.382
1
2
3
4
5
6
7
8
9
10
df
Sig.
8
.821
Contingency Table for Hosmer and Lemeshow Test
Pengungkapan Going Concern =
Pengungkapan Going Concern =
Non Going Concern
Going Concern
Observed
Expected
Observed
Expected
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
8.000
0
.000
8
7.408
0
.592
5
5.247
3
2.753
0
1.103
8
6.897
1
.242
11
11.758
Total
8
8
8
8
8
8
8
8
8
12
Universitas Sumatera Utara
Classification Tablea
Observed
Predicted
Pengungkapan Going
Concern
Step 1
Pengungkapan Going
Non Going Concern
Concern
Going Concern
Non Going
Going
Percentage
Concern
Concern
Correct
60
2
96.8
1
21
95.5
Overall Percentage
96.4
a. The cut value is .500
Variables in the Equation
B
a
Step 1
DCOMM
S.E.
Wald
df
Sig.
Exp(B)
8.100
9.092
.794
1
.373
3293.511
21.389
4709.924
.000
1
.996
1.946E9
ZSCORE
-.711
.762
.872
1
.350
.491
EATGR
-.048
.082
.336
1
.562
.953
OPINI
2.817
1.338
4.432
1
.035
16.724
SIZE
-1.092
1.427
.586
1
.444
.336
KAP
-2.328
2.492
.873
1
.350
.097
-11.804
4709.949
.000
1
.998
.000
DEFAULT
Constant
a. Variable(s) entered on step 1: DCOMM, DEFAULT, ZSCORE, EATGR, OPINI, SIZE, KAP.
Correlation Matrix
Constant DCOMM DEFAULT
ZSCORE
EATGR
OPINI
SIZE
KAP
Step 1 Constant
1.000
.000
-1.000
.002
.000
.001
-.003
.002
DCOMM
.000
1.000
.000
.109
-.016
.096
-.292
.153
-1.000
.000
1.000
.000
.000
.000
.000
.000
ZSCORE
.002
.109
.000
1.000
.178
.352
-.611
.712
EATGR
.000
-.016
.000
.178
1.000
-.274
-.020
.398
OPINI
.001
.096
.000
.352
-.274
1.000
-.351
.059
SIZE
-.003
-.292
.000
-.611
-.020
-.351
1.000
-.540
KAP
.002
.153
.000
.712
.398
.059
-.540
1.000
DEFAULT
Universitas Sumatera Utara