Faktor-Faktor yang Mempengaruhi Struktur Modal serta Pengaruhnya terhadap Nilai Perusahaan pada Perusahaan Properti dan Real Estate yang terdaftar di Bursa Efek Indonesia
Lampiran 1
Hasil Factor Analysis
Tahap 1
Correlation Matrixa
X1
Correlation
Sig. (1tailed)
X2
X3
X4
X5
X6
X1
1,000
,082
,128
,255
,049
-,025
X2
,082
1,000
,198
,074
-,015
-,074
X3
,128
,198
1,000
,332
,168
,072
X4
,255
,074
,332
1,000
,256
,075
X5
,049
-,015
,168
,256
1,000
-,091
X6
X1
-,025
-,074
,072
,075
-,091
1,000
,239
,132
,012
,336
,413
X2
,239
,041
,259
,449
,261
X3
,132
,041
,001
,070
,265
X4
,012
,259
,001
,012
,258
X5
,336
,449
,070
,012
X6
,413
,261
,265
,258
,214
,214
a. Determinant = ,709
X1
X2
X3
X4
X5
X6
X1
1,078
-,055
-,047
-,266
,027
,049
Inverse of Correlation Matrix
X2
X3
X4
-,055
-,047
-,266
1,057
-,215
-,018
-,215
1,185
-,327
-,018
-,327
1,253
,068
-,125
-,262
,100
-,089
-,102
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of Sphericity
df
Sig.
77
X5
,027
,068
-,125
-,262
1,100
,135
X6
,049
,100
-,089
-,102
,135
1,035
,571
25,480
15
,044
78
Anti-image Matrices
X1
X2
X3
Anti-image
Covariance
Anti-image
Correlation
X4
X5
X6
X1
,927
-,048
-,037
-,197
,023
,044
X2
-,048
,946
-,172
-,014
,059
,091
X3
-,037
-,172
,844
-,221
-,096
-,073
X4
-,197
-,014
-,221
,798
-,190
-,079
X5
,023
,059
-,096
-,190
,909
,118
X6
X1
X2
,044
,605a
-,052
,091
-,052
,519a
-,073
-,041
-,192
-,079
-,229
-,016
,118
,025
,063
,966
,046
,095
X3
-,041
-,192
,607a
-,269
-,109
-,081
-,269
a
-,223
-,090
-,223
a
,126
X4
-,229
-,016
,025
X5
,063
-,109
,580
,560
,046
,095 -,081 -,090
,126 ,377a
X6
a. Measures of Sampling Adequacy(MSA)
Anti image correlation X6 dibawah 0,5 (tidak memenuhi syarat MSA)
Tahap 2
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of Sphericity
df
,600
23,037
10
,011
Sig.
X1
X2
Anti-image Covariance X3
X4
X5
X1
X2
Anti-image Correlation X3
X4
X5
Anti-image Matrices
X1
X2
X3
,929
-,053
-,034
-,053
,955
-,167
-,034
-,167
,850
-,196
-,006
-,230
,018
,049
-,089
a
,618
-,056
-,038
-,056
,561a
-,186
-,038
-,186
,612a
-,226
-,007
-,278
,019
,052
-,100
X4
-,196
-,006
-,230
,805
-,185
-,226
-,007
-,278
,586a
-,214
X5
,018
,049
-,089
-,185
,924
,019
,052
-,100
-,214
,620a
79
a. Measures of Sampling Adequacy(MSA)
Communalities
Initial
Extraction
1,000
X1
,266
X2
1,000
,728
X3
1,000
,509
X4
1,000
,615
X5
1,000
,599
Extraction Method: Principal
Component Analysis.
Communalities X1 dibawah 0,5 (tidak memenuhi syarat komunalitas)
Tahap 3
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of
df
Sphericity
Sig.
Anti-image Matrices
X2
X3
X2
,958
-,170
X3
-,170
,851
Anti-image Covariance
X4
-,018
-,250
X5
,050
-,088
a
X2
,537
-,188
X3
-,188
,574a
Anti-image Correlation
X4
-,020
-,294
X5
,053
-,100
a. Measures of Sampling Adequacy(MSA)
,578
17,649
6
,007
X4
-,018
-,250
,848
-,191
-,020
-,294
,576a
-,215
X5
,050
-,088
-,191
,924
,053
-,100
-,215
,613a
80
Communalities
Initial
Extraction
X2
1,000
,793
X3
1,000
,598
X4
1,000
,597
X5
1,000
,611
Extraction Method: Principal
Component Analysis.
81
Lampiran 2
Daftar Populasi dan Sampel Perusahaan Properti dan Real Estate
Periode 2011 – 2013
NO.
Nama Perusahaan
1 Agung Podomoro Land
2 Alam Sutera Realty
3 Bekasi Asri Pemula
4 Bumi Citra Permai
5 Bekasi Fajar Industrial Estate
6 Bhuwanatala Indah Permai
7 Bukit Darmo Property
8 Sentul City
9 Bumi Serpong Damai
10 Cowell Development
11 Ciputra Development
12 Ciputra Property
13 Ciputra Surya
14 Duta Anggada Realty
15 Intiland Development
16 Duta Pertiwi
17 Bakrieland Development
18 Megapolitan Developments
19 Fortune Mate Indonesia
20 Gading Development
21 Gowa Makassar Tourism Development
22 Perdana Gapuraprima
23 Greenwood Sejahtera
24 Jaya Real Property
25 Kawasan Industri Jababeka
26 MNC Land
27 Lamicitra Nusantara
28 Eureka Prima Jakarta
29 Lippo Cikarang
30 Lippo Karawaci
31 Modernland Realty Ltd
32 Metropolitan Kentjana
33 Metropolitan Land
34 Metro Realty
35 Nirvana Development
36 Indonesia Prima Property
37 Plaza Indonesia Realty
38 Pudjiadi Prestige
39 Pakuwon Jati
40 Ristia Bintang Mahkotasejati
41 Roda Vivatex
42 Pikko Land Development
43 Danayasa Arthatama
44 Suryamas Dutamakmur
45 Summarecon Agung
46 Sitara Propertindo
Sumber : www.idx.co.id
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
Sampel
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
-
Lampiran 3
Tabel Jadwal Kegiatan Penelitian
Nama
NIM
Program Studi
Fakultas
Universitas
No.
1
Uraian Kegiatan
:
:
:
:
:
RONALD HASUDUNGAN RAJAGUKGUK
127017050
MAGISTER AKUNTANSI
EKONOMI DAN BISNIS
UNIVERSITAS SUMATERA UTARA
Februari
I II III IV
I
Maret
II III IV
I
April
II III IV
Tahun 2015
Mei
I II III IV
I
Juni
II III IV
I
Juli
II III IV
I
Agustus
II III IV
Penyusunan dan Pengajuan
Proposal Penelitian
2 Bimbingan Proposal
3 Kolokium
4
Pengumpulan dan
Pengolahan Data
5
Penulisan Tesis dan
Bimbingan
6 Seminar Hasil
7
Ujian Akhir / Seminar
Akhir Tesis
82
Hasil Factor Analysis
Tahap 1
Correlation Matrixa
X1
Correlation
Sig. (1tailed)
X2
X3
X4
X5
X6
X1
1,000
,082
,128
,255
,049
-,025
X2
,082
1,000
,198
,074
-,015
-,074
X3
,128
,198
1,000
,332
,168
,072
X4
,255
,074
,332
1,000
,256
,075
X5
,049
-,015
,168
,256
1,000
-,091
X6
X1
-,025
-,074
,072
,075
-,091
1,000
,239
,132
,012
,336
,413
X2
,239
,041
,259
,449
,261
X3
,132
,041
,001
,070
,265
X4
,012
,259
,001
,012
,258
X5
,336
,449
,070
,012
X6
,413
,261
,265
,258
,214
,214
a. Determinant = ,709
X1
X2
X3
X4
X5
X6
X1
1,078
-,055
-,047
-,266
,027
,049
Inverse of Correlation Matrix
X2
X3
X4
-,055
-,047
-,266
1,057
-,215
-,018
-,215
1,185
-,327
-,018
-,327
1,253
,068
-,125
-,262
,100
-,089
-,102
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of Sphericity
df
Sig.
77
X5
,027
,068
-,125
-,262
1,100
,135
X6
,049
,100
-,089
-,102
,135
1,035
,571
25,480
15
,044
78
Anti-image Matrices
X1
X2
X3
Anti-image
Covariance
Anti-image
Correlation
X4
X5
X6
X1
,927
-,048
-,037
-,197
,023
,044
X2
-,048
,946
-,172
-,014
,059
,091
X3
-,037
-,172
,844
-,221
-,096
-,073
X4
-,197
-,014
-,221
,798
-,190
-,079
X5
,023
,059
-,096
-,190
,909
,118
X6
X1
X2
,044
,605a
-,052
,091
-,052
,519a
-,073
-,041
-,192
-,079
-,229
-,016
,118
,025
,063
,966
,046
,095
X3
-,041
-,192
,607a
-,269
-,109
-,081
-,269
a
-,223
-,090
-,223
a
,126
X4
-,229
-,016
,025
X5
,063
-,109
,580
,560
,046
,095 -,081 -,090
,126 ,377a
X6
a. Measures of Sampling Adequacy(MSA)
Anti image correlation X6 dibawah 0,5 (tidak memenuhi syarat MSA)
Tahap 2
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of Sphericity
df
,600
23,037
10
,011
Sig.
X1
X2
Anti-image Covariance X3
X4
X5
X1
X2
Anti-image Correlation X3
X4
X5
Anti-image Matrices
X1
X2
X3
,929
-,053
-,034
-,053
,955
-,167
-,034
-,167
,850
-,196
-,006
-,230
,018
,049
-,089
a
,618
-,056
-,038
-,056
,561a
-,186
-,038
-,186
,612a
-,226
-,007
-,278
,019
,052
-,100
X4
-,196
-,006
-,230
,805
-,185
-,226
-,007
-,278
,586a
-,214
X5
,018
,049
-,089
-,185
,924
,019
,052
-,100
-,214
,620a
79
a. Measures of Sampling Adequacy(MSA)
Communalities
Initial
Extraction
1,000
X1
,266
X2
1,000
,728
X3
1,000
,509
X4
1,000
,615
X5
1,000
,599
Extraction Method: Principal
Component Analysis.
Communalities X1 dibawah 0,5 (tidak memenuhi syarat komunalitas)
Tahap 3
KMO and Bartlett's Test
Kaiser-Meyer-Olkin Measure of Sampling Adequacy.
Approx. Chi-Square
Bartlett's Test of
df
Sphericity
Sig.
Anti-image Matrices
X2
X3
X2
,958
-,170
X3
-,170
,851
Anti-image Covariance
X4
-,018
-,250
X5
,050
-,088
a
X2
,537
-,188
X3
-,188
,574a
Anti-image Correlation
X4
-,020
-,294
X5
,053
-,100
a. Measures of Sampling Adequacy(MSA)
,578
17,649
6
,007
X4
-,018
-,250
,848
-,191
-,020
-,294
,576a
-,215
X5
,050
-,088
-,191
,924
,053
-,100
-,215
,613a
80
Communalities
Initial
Extraction
X2
1,000
,793
X3
1,000
,598
X4
1,000
,597
X5
1,000
,611
Extraction Method: Principal
Component Analysis.
81
Lampiran 2
Daftar Populasi dan Sampel Perusahaan Properti dan Real Estate
Periode 2011 – 2013
NO.
Nama Perusahaan
1 Agung Podomoro Land
2 Alam Sutera Realty
3 Bekasi Asri Pemula
4 Bumi Citra Permai
5 Bekasi Fajar Industrial Estate
6 Bhuwanatala Indah Permai
7 Bukit Darmo Property
8 Sentul City
9 Bumi Serpong Damai
10 Cowell Development
11 Ciputra Development
12 Ciputra Property
13 Ciputra Surya
14 Duta Anggada Realty
15 Intiland Development
16 Duta Pertiwi
17 Bakrieland Development
18 Megapolitan Developments
19 Fortune Mate Indonesia
20 Gading Development
21 Gowa Makassar Tourism Development
22 Perdana Gapuraprima
23 Greenwood Sejahtera
24 Jaya Real Property
25 Kawasan Industri Jababeka
26 MNC Land
27 Lamicitra Nusantara
28 Eureka Prima Jakarta
29 Lippo Cikarang
30 Lippo Karawaci
31 Modernland Realty Ltd
32 Metropolitan Kentjana
33 Metropolitan Land
34 Metro Realty
35 Nirvana Development
36 Indonesia Prima Property
37 Plaza Indonesia Realty
38 Pudjiadi Prestige
39 Pakuwon Jati
40 Ristia Bintang Mahkotasejati
41 Roda Vivatex
42 Pikko Land Development
43 Danayasa Arthatama
44 Suryamas Dutamakmur
45 Summarecon Agung
46 Sitara Propertindo
Sumber : www.idx.co.id
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
Sampel
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
-
Lampiran 3
Tabel Jadwal Kegiatan Penelitian
Nama
NIM
Program Studi
Fakultas
Universitas
No.
1
Uraian Kegiatan
:
:
:
:
:
RONALD HASUDUNGAN RAJAGUKGUK
127017050
MAGISTER AKUNTANSI
EKONOMI DAN BISNIS
UNIVERSITAS SUMATERA UTARA
Februari
I II III IV
I
Maret
II III IV
I
April
II III IV
Tahun 2015
Mei
I II III IV
I
Juni
II III IV
I
Juli
II III IV
I
Agustus
II III IV
Penyusunan dan Pengajuan
Proposal Penelitian
2 Bimbingan Proposal
3 Kolokium
4
Pengumpulan dan
Pengolahan Data
5
Penulisan Tesis dan
Bimbingan
6 Seminar Hasil
7
Ujian Akhir / Seminar
Akhir Tesis
82