Faktor-Faktor Yang Mempengaruhi Nilai Perusahaan Dengan Kebijakan Dividen Sebagai Variabel Moderating Pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

Lampiran 1
Daftar Populasi dan Sampel Perusahaan Manufaktur Periode 2010-2014
No.

KODE

1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35

36
37
38

ADES
ADMG
AHAD
AISA
AKKU
AKPI
ALDO
ALKA
ALMI
ALTO
AMFG
APLI
ARGO
ARNA
ASII
AUTO

BIMA
BRAM
BRNA
BRPT
BTON
BUDI
CEKA
CNTX
CPIN
CTBN
DAVO
DLTA
DPNS
DVLA
EKAD
ERTX
ESTI
ETWA
FASW
FPNI

GDST
GDYR

Perusahaan
Akasha Wira Internasional Tbk
Polychem Indonesia Tbk
Asuransi Harta Aman Pratama Tbk
Tiga Pilar Sejahtera Tbk
Alam Karya Unggul Tbk
Argha Karya Prima Industy Tbk
Alkindo Maratama Tbk
Alaska Industrindo Tbk
Alumindo Light Metal Industri Tbk
Tri Banyan Tirta Tbk
Asahimas Flat Glass Tbk
Asiaplast Industries Tbk
Argo Pantes Tbk
Arwana Citra Mulia Tbk
Astra Internasional Tbk
Astra Auto Part Tbk

Primarindo Asia Infrastrukture Tbk
Indo Kordsa Tbk
Berlina Tbk
Barito Pasific Tbk
Beton Jaya Manunggal Tbk
Budi Acid Jaya Tbk
Cahaya Kalbar Tbk
Centex Tbk
Charoen Pokphand Indonesia Tbk
Citra Turbindo Tbk
Davomas Abadi Tbk
Delta Djakarta Tbk
Duta Pertiwi Nusantara Tbk
Darya Varia Laboratoria Tbk
Ekadharma Internasional Tbk
Eratex Tbk
Ever Shine Textile Industry Tbk
Eterindo Wahanatama Tbk
Fajar Surya WisesaTbk
Titan Kimia Nusantara Tbk

Gunawan Dianjaya Steel Tbk
Goodyear Indonesia Tbk

Kriteria
1 2 3
√ 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 √

Sampel
1
2
3
4
5
6
7
8
-

Universitas Sumatera Utara

79

Lanjutan lampiran 1

No.

KODE

39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54

55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74

75
76
77

GGRM
GJTL
HDTX
HMSP
ICBP
IGAR
IKAI
IKBI
IMAS
INAF
INAI
INCI
INDF
INDR
INDS
INKP
INRU
INTP
IPOL
ISSP
ITMA
JECC
JKSW
JPFA
JPRS
KAEF
KARW
KBLI
KBLM
KBRI
KDSI
KIAS
KICI
KLBF
KRAH
KRAS
LION
LMPI
LMSH

Perusahaan
Gudang Garam Tbk
Gajah Tunggal Tbk
Pan Asia Indosyntex Tbk
Hanjaya Mandala Sampoerna Tbk
Indofood CBP Sukses Makmur Tbk
Champion Pasific Indonesia Tbk
Inti Keramik Alam Sari Industri Tbk
Sumi indo Kabel Tbk
Indomobil Sukses Internasional Tbk
Indofarma Tbk
Indal Aluminium Industry Tbk
Intan Wijaya Internasional Tbk
Indofood Sukses Makmur Tbk
Indo Rama Synthetic Tbk
Indospring Tbk
Indah Kiat Pulp & Paper Tbk
Toba Pulp Lestari Tbk
Indocement Tunggal Prekasa Tbk
Indopoly Swakarsa Industry Tbk
Steel Pipe Industry Of Indonesia Tbk
Itamaraya Tbk
Jembo Cable Company Tbk
Jakarta Kyoei Work LTD Tbk
Japfa Comfeed Indonesia Tbk
Jaya Pari Steel Tbk
Kimia Farma Tbk
Karwell Indonesia Tbk
KMI Wire and Murni Tbk
Kabelindo Murni Tbk
Kertas Basuki Rachmad Indinesia Tbk
Kedawung Setia Industrial Tbk
Keramik Indonesia Assosiasi Tbk
Kedaung Indag Can Tbk
Kalbe Farma Tbk
Grand Kartech Tbk
Krakatau Steel Tbk
Lion Metal Works Tbk
Langgeng Makmur Industry Tbk
Lionmesh Prima Tbk

Kriteria
1 2 3
√ √ 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 √

Sampel
9
10
11
12
13
14
-

Universitas Sumatera Utara

80

Lanjutan lampiran 1
No.

KODE

78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

LPIN
MAIN
MASA
MBTO
MERK
MLBI
MLIA
MRAT
MYOR
MYRX
MYTX
NIKL
NIPS
PBRX
PICO
POLY
PRAS
PSDN
PTSN
PYFA
RICY
RMBA
ROTI

101 SCCO
102 SCPI
103 SIAP
104 SIDO
105
106
107
108
109
110
111
112
113
114
115

SIMA
SIPD
SKLT
SMBR
SMCB
SMGR
SMSM
SOBI
SPMA
SQBI
SRIL

Perusahaan
Multi Prima Sejahtera Tbk
Malindo Feedmill Tbk
Multistrada Arah Sarana Tbk
Martina Berto Tbk
Merch Tbk
Multi Bintang Indonesia Tbk
Mulia Industrindo Tbk
Mustika Ratu Tbk
Mayora Indah Tbk
Hanson International Tbk
Apac Citra Centertex Tbk
Pelat Timah Nusantara Tbk
Nippres Tbk
Pan Brothers Tbk
Pelangi Indah Canindo Tbk
Asia Pasific Fibers Tbk
Prima Alloy Steel Universal Tbk
Prashida Aneka Niaga Tbk
Sat Nusa Persada Tbk
Pyridam Farma Tbk
Ricky Putra Globalindo Tbk
Bentoel Internasioal Investama Tbk
Nippon Indosari Corporindo Tbk
Supreme Cable Manufacturing and
Commerce Tbk
Schering Plough Indonesia Tbk
Sekawan Intipratama Tbk
Industri Jamu dan Farmasi Sido Muncul
Tbk
Siwani Makmur Tbk
Siearad Produce Tbk
Sekar Laut Tbk
Semen Baturaja Persero Tbk
Holcim Indonesia Tbk
Semen Gresik Tbk
Selamat Sempurna Tbk
Sorini Agro Asia Corporindo
Suparma Tbk
Taisho Pharmaceutical Indonesia Tbk
Sri Rejeki Isman Tbk

Kriteria
1 2 3
√ 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 √

Sampel
15
16
-

√ x

√

-

√ x
√ x

√
√

-

√ √

x

-

√
√
√
√
√
√
√
√
√
√
√

x
x
√
x
x
√
√
√
x
x
√

17
18
-

√
√
x
√
x
x
√
x
√
√
x

Universitas Sumatera Utara

81

Lanjutan lampiran 1
No.

KODE

116
117
118
119
120
121
122
123
124
125
126
127
128

SRSN
SSTM
STTP
SULI
TBMS
TCID
TIRT
TKIM
TOTO
TPIA
TRIS
TRST
TSPC

129 ULTJ
130
131
132
133
134
135
136

UNIC
UNIT
UNTX
UNVR
VOKS
WIIM
YPAS

Perusahaan
Indo Acitama Tbk
Sunson Textile Manufacturer Tbk
Siantar Top Tbk
Sumalindo Lestari Jaya Tbk
Tembaga Mulia Semanan Tbk
Mandom Indonesia Tbk
Tirta Mahakam Resource Tbk
Pabrik Kertas Tjiwa Kimia Tbk
Surya Toto Indonesia
Chandra Asri Petrochenical Tbk
Trisula Internasional Tbk
Trias Sentosa Tbk
Tempo Scan Pasific Tbk
Ultrajaya Milk Industry and Trading
Company Tbk
Unggul Indah Cahaya Tbk
Nusantara Inti Corpora Tbk
Unitex Tbk
Unilever Indonesia Tbk
Voksel Electric Tbk
Wismilak Inti Makmur Tbk
Yana Prima Hasta Persada Tbk

Kriteria
1 2 3
√ √ √
√ √ √
√ x √
√ x √
√ x √
√ √ √
√ √ √
√ √ √
√ √ √
√ x √
√ √ √
√ √ √
√ √ √

Sampel
19
20
21

√ x

√

-

√
√
√
√
√
√
√

√
√
√
√
√
√
√

22
-

x
√
x
√
√
x
x

Sumber : http://www.sahamok.com/perusahaan-manufaktur-di-bei/manufaktur2016/ di akses 30 Mei 2016.

Universitas Sumatera Utara

82

Lampiran 2 : Hasil Penelitian
Descriptives
Descriptive Statistics
N
FV_Y
KI_X1
KP_X2
UP_X3
Liq_X4
Pro_X5
KIns_X6
KD_Z
Valid N (listwise)

Minimum
110
110
110
110
110
110
110
110
110

1.25
.04
.01
25.87
.02
.01
.29
.00

Maximum
4.57
3.90
4.01
31.70
2.98
3.37
.96
1.97

Mean
2.7274
1.3042
1.0509
28.5207
1.1341
1.3276
.5800
.3135

Std. Deviation
.77818
.93904
.81621
1.49960
.84468
.93543
.20019
.28281

Universitas Sumatera Utara

83

Lanjutan Lampiran 2
Regression
Variables Entered/Removeda
Model

1

Variables
Entered

Variables
Removed

KIns_X6,
UP_X3, KI_X1,
Pro_X5,
Liq_X4,
KP_X2b

Method
. Enter

a. Dependent Variable: FV_Y
b. All requested variables entered.
Model Summaryb
Model

R
.846a

1

R Square

Adjusted R
Square

.716

Std. Error of
the Estimate

.700

.42634

a. Predictors: (Constant), KIns_X6, UP_X3, KI_X1, Pro_X5,
Liq_X4, KP_X2
b. Dependent Variable: FV_Y
ANOVAa
Model

1

Sum of
Squares

df

Mean Square

F

Regression

47.284

6

7.881

Residual

18.722

103

.182

Total

66.006

109

43.355

Sig.
.000b

a. Dependent Variable: FV_Y
b. Predictors: (Constant), KIns_X6, UP_X3, KI_X1, Pro_X5, Liq_X4, KP_X2

Universitas Sumatera Utara

84

Lanjutan Lampiran 2
Coefficientsa
Model

Unstandardized Coefficients
B
(Constant)

1

Standardized
Coefficients

Std. Error

-6.904

.862

KI_X1

.081

.045

KP_X2

-.353

UP_X3

t

Sig.

Beta
-8.006

.000

-.098

-1.808

.047

.058

-.371

-6.121

.000

.342

.031

.660

11.138

.000

Liq_X4

-.041

.051

-.045

-.806

.422

Pro_X5

.264

.048

.317

5.486

.000

KIns_X6

.064

.224

.017

.287

.774

a. Dependent Variable: FV_Y
Residuals Statisticsa
Minimum
Predicted Value
Std. Predicted Value
Standard Error of Predicted
Value
Adjusted Predicted Value
Residual
Std. Residual
Stud. Residual
Deleted Residual
Stud. Deleted Residual
Mahal. Distance
Cook's Distance
Centered Leverage Value

Maximum

Mean

Std. Deviation

N

1.4836
-1.888
.054

4.4240
2.576
.193

2.7274
.000
.105

.65863
1.000
.021

110
110
110

1.3499
-.88599
-2.078
-2.128
-.93662
-2.165
.771
.000
.007

4.4947
.94228
2.210
2.277
.99993
2.325
21.430
.068
.197

2.7251
.00000
.000
.003
.00228
.002
5.945
.009
.055

.66222
.41444
.972
1.003
.44148
1.010
3.035
.013
.028

110
110
110
110
110
110
110
110
110

a. Dependent Variable: FV_Y

Universitas Sumatera Utara

85

Lanjutan Lampiran 2

Charts

Universitas Sumatera Utara

86

Lanjutan Lampiran 2

Universitas Sumatera Utara

87

Lanjutan Lampiran 2

Universitas Sumatera Utara

88

Lanjutan Lampiran 2
NPar Tests
One-Sample Kolmogorov-Smirnov Test
Unstandardize
d Residual
N
Mean
Std. Deviation
Absolute
Most Extreme Differences Positive
Negative
Kolmogorov-Smirnov Z
Asymp. Sig. (2-tailed)
Normal Parameters a,b

110
.0000000
.41444448
.055
.035
-.055
.581
.889

a. Test distribution is Normal.
b. Calculated from data.

Universitas Sumatera Utara

NPar Tests
Runs Test
Unstandardize
d Residual
Test Valuea
Cases < Test Value
Cases >= Test Value
Total Cases
Number of Runs
Z
Asymp. Sig. (2-tailed)

.02619
55
55
110
48
-1.533
.125

a. Median

Universitas Sumatera Utara

90

Lanjutan Lampiran 2
Regression
Variables Entered/Removeda
Model

1

Variables
Entered

Variables
Removed

KIns_X6,
UP_X3, KI_X1,
Pro_X5,
Liq_X4,
KP_X2b

Method
. Enter

a. Dependent Variable: KD_Z
b. All requested variables entered.
Model Summaryb
Model

R
.428a

1

R Square

Adjusted R
Square

.184

Std. Error of
the Estimate

.136

.26287

a. Predictors: (Constant), KIns_X6, UP_X3, KI_X1, Pro_X5,
Liq_X4, KP_X2
b. Dependent Variable: KD_Z
ANOVAa
Model

1

Sum of
Squares

df

Mean Square

Regression

1.601

6

.267

Residual

7.117

103

.069

Total

8.718

109

F
3.861

Sig.
.002b

a. Dependent Variable: KD_Z
b. Predictors: (Constant), KIns_X6, UP_X3, KI_X1, Pro_X5, Liq_X4, KP_X2

Universitas Sumatera Utara

91

Lanjutan Lampiran 2
Coefficientsa
Model

Unstandardized Coefficients
B
(Constant)

1

Standardized
Coefficients

Std. Error

t

Sig.

Beta

-1.134

.532

-2.133

.035

KI_X1

-.043

.028

-.144

-1.572

.119

KP_X2

.003

.036

.008

.080

.936

UP_X3

.043

.019

.230

2.290

.024

Liq_X4

.065

.031

.195

2.080

.040

Pro_X5

-.072

.030

-.239

-2.437

.017

KIns_X6

.491

.138

.348

3.558

.001

a. Dependent Variable: KD_Z
Residuals Statisticsa
Minimum
Predicted Value
Residual
Std. Predicted Value
Std. Residual

.0858
-.36221
-1.879
-1.378

Maximum
.5878
1.59678
2.263
6.074

Mean

Std. Deviation

.3135
.00000
.000
.000

.12119
.25553
1.000
.972

N
110
110
110
110

a. Dependent Variable: KD_Z

Universitas Sumatera Utara