Lampiran 1 Daftar Populasi dan Sampel Perusahaan Manufaktur Periode

Lampiran Daftar Populasi dan Sampel Perusahaan Manufaktur Periode 200-203 No. KODE Perusahaan Kriteria Sampel 2 3 ADES Akasha Wira Internasional Tbk x - 2 ADMG Polychem Indonesia Tbk x - 3 AHAD Asuransi Harta Aman Pratama Tbk - 4 AISA Tiga Pilar Sejahtera Tbk x - 5 AKKU Alam Karya Unggul Tbk - 6 AKPI Argha Karya Prima Industy Tbk x - 7 ALDO Alkindo Maratama Tbk x x - 8 ALKA Alaska Industrindo Tbk x - 9 ALMI Alumindo Light Metal Industri Tbk x - 0 ALTO Tri Banyan Tirta Tbk - AMFG Asahimas Flat Glass Tbk x - 2 APLI Asiaplast Industries Tbk x - 3 ARGO Argo Pantes Tbk 4 ARNA Arwana Citra Mulia Tbk x - 5 ASII Astra Internasional Tbk 2 6 AUTO Astra Auto Part Tbk 3 7 BIMA Primarindo Asia Infrastrukture Tbk x x - 8 BRAM Indo Kordsa Tbk x - 9 BRNA Berlina Tbk 4 20 BRPT Barito Pasific Tbk x - 2 BTON Beton Jaya Manunggal Tbk 5 22 BUDI Budi Acid Jaya Tbk x - 23 CEKA Cahaya Kalbar Tbk 6 24 CNTX Centex Tbk x - 25 CPIN Charoen Pokphand Indonesia Tbk 7 26 CTBN Citra Turbindo Tbk x - 27 DAVO Davomas Abadi Tbk - 28 DLTA Delta Djakarta Tbk x - 29 DPNS Duta Pertiwi Nusantara Tbk x - 30 DVLA Darya Varia Laboratoria Tbk - 3 EKAD Ekadharma Internasional Tbk x - 32 ERTX Eratex Tbk x - 33 ESTI Ever Shine Textile Industry Tbk x - 34 ETWA Eterindo Wahanatama Tbk 8 35 FASW Fajar Surya WisesaTbk 9 36 FPNI Titan Kimia Nusantara Tbk x - 37 GDST Gunawan Dianjaya Steel Tbk x - 38 GDYR Goodyear Indonesia Tbk x -

Lanjutan lampiran No. KODE Perusahaan Kriteria Sampel 2 3 39 GGRM Gudang Garam Tbk 0 40 GJTL Gajah Tunggal Tbk x - 4 HDTX Pan Asia Indosyntex Tbk x - 42 HMSP Hanjaya Mandala Sampoerna Tbk 43 ICBP Indofood CBP Sukses Makmur Tbk x x - 44 IGAR Champion Pasific Indonesia Tbk 2 45 IKAI Inti Keramik Alam Sari Industri Tbk x - 46 IKBI Sumi indo Kabel Tbk x - 47 IMAS Indomobil Sukses Internasional Tbk 3 48 INAF Indofarma Tbk 4 49 INAI Indal Aluminium Industry Tbk x - 50 INCI Intan Wijaya Internasional Tbk x - 5 INDF Indofood Sukses Makmur Tbk x - 52 INDR Indo Rama Synthetic Tbk x - 53 INDS Indospring Tbk 5 54 INKP Indah Kiat Pulp & Paper Tbk x - 55 INRU Toba Pulp Lestari Tbk x - 56 INTP Indocement Tunggal Prekasa Tbk - 57 IPOL Indopoly Swakarsa Industry Tbk x - 58 ISSP Steel Pipe Industry Of Indonesia Tbk x x - 59 ITMA Itamaraya Tbk x - 60 JECC Jembo Cable Company Tbk 6 6 JKSW Jakarta Kyoei Work LTD Tbk - 62 JPFA Japfa Comfeed Indonesia Tbk x - 63 JPRS Jaya Pari Steel Tbk 7 64 KAEF Kimia Farma Tbk 8 65 KARW Karwell Indonesia Tbk x - 66 KBLI KMI Wire and Murni Tbk 9 67 KBLM Kabelindo Murni Tbk x - 68 KBRI Kertas Basuki Rachmad Indinesia Tbk x - 69 KDSI Kedawung Setia Industrial Tbk x x - 70 KIAS Keramik Indonesia Assosiasi Tbk 20 7 KICI Kedaung Indag Can Tbk x - 72 KLBF Kalbe Farma Tbk 2 73 KRAH Grand Kartech Tbk x - 74 KRAS Krakatau Steel Tbk x - 75 LION Lion Metal Works Tbk x - 76 LMPI Langgeng Makmur Industry Tbk x - 77 LMSH Lionmesh Prima Tbk x -

Lanjutan lampiran No. KODE Perusahaan Kriteria Sampel 2 3 78 LPIN Multi Prima Sejahtera Tbk x - 79 MAIN Malindo Feedmill Tbk x - 80 MASA Multistrada Arah Sarana Tbk x - 8 MBTO Martina Berto Tbk x - 82 MERK Merch Tbk x - 83 MLBI Multi Bintang Indonesia Tbk 22 84 MLIA Mulia Industrindo Tbk x x - 85 MRAT Mustika Ratu Tbk - 86 MYOR Mayora Indah Tbk x x - 87 MYRX Hanson International Tbk x - 88 MYTX Apac Citra Centertex Tbk x - 89 NIKL Pelat Timah Nusantara Tbk x - 90 NIPS Nippres Tbk x - 9 PBRX Pan Brothers Tbk x - 92 PICO Pelangi Indah Canindo Tbk 23 93 POLY Asia Pasific Fibers Tbk x - 94 PRAS Prima Alloy Steel Universal Tbk x - 95 PSDN Prashida Aneka Niaga Tbk 24 96 PTSN Sat Nusa Persada Tbk x - 97 PYFA Pyridam Farma Tbk 25 98 RICY Ricky Putra Globalindo Tbk x - 99 RMBA Bentoel Internasioal Investama Tbk 26 00 ROTI Nippon Indosari Corporindo Tbk x - 0 SCCO Supreme Cable Manufacturing and Commerce Tbk x - 02 SCPI Schering Plough Indonesia Tbk x - 03 SIAP Sekawan Intipratama Tbk x - 04 SIDO Industri Jamu dan Farmasi Sido Muncul Tbk - 05 SIMA Siwani Makmur Tbk - 06 SIPD Siearad Produce Tbk 27 07 SKLT Sekar Laut Tbk x - 08 SMBR Semen Baturaja Persero Tbk - 09 SMCB Holcim Indonesia Tbk x - 0 SMGR Semen Gresik Tbk x - SMSM Selamat Sempurna Tbk - 2 SOBI Sorini Agro Asia Corporindo x - 3 SPMA Suparma Tbk - 4 SQBI Taisho Pharmaceutical Indonesia Tbk - 5 SRIL Sri Rejeki Isman Tbk x -

Lanjutan lampiran No. KODE Perusahaan Kriteria Sampel 2 3 6 SRSN Indo Acitama Tbk 28 7 SSTM Sunson Textile Manufacturer Tbk 29 8 STTP Siantar Top Tbk x - 9 SULI Sumalindo Lestari Jaya Tbk x - 20 TBMS Tembaga Mulia Semanan Tbk x - 2 TCID Mandom Indonesia Tbk 30 22 TIRT Tirta Mahakam Resource Tbk 3 23 TKIM Pabrik Kertas Tjiwa Kimia Tbk - 24 TOTO Surya Toto Indonesia 32 25 TPIA Chandra Asri Petrochenical Tbk x - 26 TRIS Trisula Internasional Tbk - 27 TRST Trias Sentosa Tbk - 28 TSPC Tempo Scan Pasific Tbk 33 29 ULTJ Ultrajaya Milk Industry and Trading Company Tbk x - 30 UNIC Unggul Indah Cahaya Tbk x - 3 UNIT Nusantara Inti Corpora Tbk - 32 UNTX Unitex Tbk x - 33 UNVR Unilever Indonesia Tbk - 34 VOKS Voksel Electric Tbk - 35 WIIM Wismilak Inti Makmur Tbk x - 36 YPAS Yana Prima Hasta Persada Tbk x - Sumber : http://www.sahamok.com/perusahaan-manufaktur-di-bei/manufaktur- 203/ di akses 30 September 204.

Lampiran 2 Data Perusahaan Manufaktur Periode 20-203 No. Tahun Nilai Kepemilikan Kepemilikan Leverage ROA ROE Perusahaan Manajerial Institusional 200,53 2,02-0,2-0,07 0,02 0,55 20,73 3,75-0,8-0,4 0,02 0,55 202,96 7,7-0,63-0,08 0,02 0,55 203,93 6,7 0,32 0,04 0,02 0,55 2 200,86 0,93 0,29 0,5 0 0,5 20,83,03 0,28 0,4 0 0,5 202,7,03 0,25 0,2 0 0,5 203,69,02 0,2 0, 0 0,5 3 200 0,84 0,36 0,3 0,22 0 0,96 20 0,96 0,47 0,23 0,6 0 0,96 202,02 0,62 0,2 0,3 0 0,96 203 0,93 0,32 0, 0,08 0 0,8 4 200,64,46 0,7 0,07 0, 0,5 20,64,53 0,6 0,07 0, 0,5 202,64,55 0,6 0,07 0, 0,5 203,73 2,68-0,04-0,0 0, 0,5 5 200,06 0,23 0, 0,09 0, 0,82 20, 0,29 0,2 0,6 0, 0,82 202,2 0,28 0,22 0,7 0, 0,82 203,2 0,27 0,9 0,5 0, 0,82 6 200,8,75 0, 0,03 0,0 0,92 20,69,03 0,24 0,2 0,0 0,92 202,44,22 0,3 0,06 0,0 0,92 203,64,02 0,2 0,06 0,0 0,92 7 200,29 0,45 0,5 0,34 0 0,56 20,27 0,43 0,38 0,27 0 0,56 202,3 0,5 0,33 0,22 0 0,56 203,35 0,58 0,25 0,6 0 0,56 8 200,92 0,8 0,3 0,07 0 0,56 20,63 0,6 0,9 0,2 0 0,56 202,5,2 0,09 0,04 0 0,56 203,56,9 0,02 0,0 0 0,56 9 200,83,48 0,07 0,03 0,03 0,76 20,87,74 0,6 0,06 0,03 0,76 202,89 2,09 0 0 0,03 0,76 203,98 2,65-0,6-0,04 0,03 0,76

0 200,32 0,44 0,2 0,4 0,0 0,76 20,38 0,59 0,2 0,3 0,0 0,76 202,35 0,56 0,5 0, 0,0 0,76 203,4 0,73 0,5 0,09 0,0 0,76 200,49,0 0,63 0,3 0 0,98 20,5 0,9 0,79 0,42 0 0,98 202,5 0,97 0,74 0,37 0 0,98 203,42 0,94 0,76 0,39 0 0,98 2 200,44 0,8 0,8 0,7 0,02 0,85 20,44 0,22 0,9 0,7 0,02 0,85 202,37 0,29 0,8 0,4 0,02 0,85 203,45 0,39 0,6 0, 0,02 0,85 3 200,52 3,97 0,33 0,07 0,0 0,93 20,38,54 0,2 0,08 0,0 0,7 202,44 2,08 0,6 0,05 0,0 0,9 203,42 2,35 0,09 0,03 0,03 0,9 4 200 2,2,2 0,05 0,02 0 0,8 20,67 0,83 0,06 0,03 0 0,8 202,65 0,83 0,07 0,04 0 0,8 203,72,9-0,09-0,04 0 0,8 5 200,78,82 0,3 0,09 0 0,76 20,85 0,52 0,9 0, 0 0,76 202,49 0,46 0,48 0,32 0 0,76 203,42 0,25 0,23 0,9 0 0,88 6 200,92 4,69 0,0 0 0 0,9 20,88 3,92 0,23 0,05 0 0,9 202,87 3,96 0,22 0,04 0 0,9 203,88 7,4 0,5 0,02 0 0,9 7 200,9 0,37 0,09 0,07 0,6 0,68 20,3 0,3 0, 0,09 0,6 0,68 202,02 0,5 0,03 0,02 0,6 0,68 203 0,9 0,04 0,04 0,04 0,6 0,68 8 200,6 0,49 0,2 0,08 0 0,9 20,55 0,43 0,4 0, 0 0,9 202,5 0,44 0,4 0, 0 0,9 203 0,77 0,52 0,3 0,09 0 0,9 9 200,76 0,46 0,07 0,05 0 0,5 20,48 0,2 0,09 0,06 0 0,5 202,64 0,27 0, 0, 0 0,5 203,66 0,5 0,08 0,05 0 0,5 20 200 2,37 3,73 0,06 0,0 0 0,97 20,8 0,92-0,02-0,0 0 0,97 202,73 0,09 0,04 0,03 0 0,98 203,76 0, 0,04 0,03 0 0,98

2 200,2 0,22 0,23 0,9 0 0,57 20,22 0,27 0,23 0,8 0 0,57 202,9 0,28 0,24 0,9 0 0,57 203,2 0,33 0,23 0,7 0 0,57 22 200,04 0,07 0,94 0,39 0 0,73 20,57,3 0,96 0,42 0 0,73 202,73 2,49,37 0,39 0 0,73 203,42 0,8,9 0,66 0 0,73 23 200,9 2,25 0,07 0,02 0 0,94 20,89,99 0,07 0,02 0 0,94 202,88,99 0,06 0,02 0 0,94 203,86,89 0,07 0,03 0 0,94 24 200,76 0,3 0,05 0,04 0,23 0,54 20,75 0,43 0,06 0,04 0,23 0,54 202,74 0,55 0,06 0,04 0,23 0,54 203,75 0,86 0,07 0,04 0,23 0,54 25 200,6,3 0, 0,04 0 0,99 20,68,82 0,4 0,05 0 0,99 202,74 2,6-0,7-0,05 0 0,99 203,87 9,47 -,8-0, 0 0,99 26 200,46 0,65 0,05 0,03 0 0,4 20,56,08 0,02 0,0 0 0,4 202,65,58 0,0 0 0 0,4 203,62,46 0,0 0 0 0,4 27 200 2,4 0,59 0,04 0,03 0,02 0,85 20 2,09 0,43 0, 0,07 0,02 0,85 202 2,04 0,49 0,06 0,04 0,2 0,78 203,95 0,34 0,4 0, 0,09 0,78 28 200,96,7 0,03 0,0 0,08 0,08 20,99,82-0,08-0,03 0,08 0,89 202 2,0,84-0,05-0,02 0,08 0,7 203 2,03,95-0,05-0,02 0,08 0,7 29 200,5 0, 0,4 0,3 0 0,79 20,5 0, 0,4 0,2 0 0,79 202,7 0,5 0,4 0,2 0 0,79 203,22 0,24 0,4 0, 0 0,79 30 200,96 3,33-0,07-0,02 0 0,79 20,96 4,02 0,03 0,0 0 0,79 202,98 5,42-0,3-0,05 0 0,79 203 2,0,25-2,34-0,9 0 0,79 3 200,86 0,73 0,3 0,8 0 0,95 20,78 0,76 0,29 0,6 0 0,96 202,38 0,7 0,26 0,6 0 0,96 203,38 0,69 0,23 0,4 0 0,96

32 200,27 0,36 0,9 0,4 0 0,77 20,28 0,4 0,9 0,4 0 0,77 202,27 0,38 0,9 0,4 0 0,77 203,29 0,4 0,7 0,2 0 0,77 33 200 2,02,92 0,03 0,0 0 0,7 20,93 2,7 0,22 0,07 0 0,49 202,86,78 0,24 0,09 0 0,49 203,8 2,2 0,07 0,02 0 0,5

Lampiran 3 Output Descriptive Statistics Descriptive Statistics N Minimum Maximum Mean Std. Deviation Y 32,77 2,37,5858,3952 X 32,04,25,4253,76042 X2 32-2,34,37,403,34678 X3 32 -,9,66,0933,77 Z 32,00,23,0259,05230 Z2 32,08,99,7433,8027 Valid N (listwise) 32

Lampiran 4 Output Hipotesis Pertama Regression Variables Entered/Removed a Model Variables Entered Variables Removed Method X3, X, X2 b. Enter a. Dependent Variable: Y b. All requested variables entered. Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate,63 a,375,36,25549 a. Predictors: (Constant), X3, X, X2 b. Dependent Variable: Y ANOVA a Model Sum of Squares df Mean Square F Sig. Regression 5,09 3,673 25,629,000 b Residual 8,355 28,065 Total 3,374 3 a. Dependent Variable: Y b. Predictors: (Constant), X3, X, X2 Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta (Constant),549,04 37,646,000 X,090,06,498 5,804,000 X2,452,8,49 3,826,000 X3 -,666,32 -,6-5,92,000 a. Dependent Variable: Y

Residuals Statistics a Minimum Maximum Mean Std. Deviation N Predicted Value,0634 2,2563,5858,9574 32 Std. Predicted Value -2,669 3,425,000,000 32 Standard Error of Predicted,023,207,038,023 32 Value Adjusted Predicted Value,9620 2,3237,5836,2050 32 Residual -,74078,56967,00000,25255 32 Std. Residual -2,899 2,230,000,988 32 Stud. Residual -2,95 2,244,003,006 32 Deleted Residual -,74886,5770,0029,26343 32 Stud. Deleted Residual -3,005 2,28,002,04 32 Mahal. Distance,074 85,72 2,977 8,576 32 Cook's Distance,000,756,03,068 32 Centered Leverage Value,00,650,023,065 32 a. Dependent Variable: Y Charts

One-Sample Kolmogorov-Smirnov Test Unstandardized Residual N 32 Normal Parameters a,b Mean,0000000 Std. Deviation,25254985 Most Extreme Differences Absolute,053 Positive,04 Negative -,053 Kolmogorov-Smirnov Z,63 Asymp. Sig. (2-tailed),847 a. Test distribution is Normal. b. Calculated from data.

Runs Test Unstandardized Residual Test Value a -,00367 Cases < Test Value 66 Cases >= Test Value 66 Total Cases 32 Number of Runs 78 Z,922 Asymp. Sig. (2-tailed),055 a. Median

Lampiran 5 Output Hipotesis Kedua (Uji Residual) Regression [DataSet0] D:\Document\Thesis\Tesis Manmagilan\Data OK.sav Variables Entered/Removed a Model Variables Entered Variables Removed Method X2, Y, X b. Enter a. Dependent Variable: Z b. All requested variables entered. Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate,294 a,087,065 5,05645 a. Predictors: (Constant), X2, Y, X b. Dependent Variable: Z ANOVA a Model Sum of Squares df Mean Square F Sig. Regression 309,986 3 03,329 4,04,009 b Residual 3272,658 28 25,568 Total 3582,643 3 a. Dependent Variable: Z b. Predictors: (Constant), X2, Y, X Coefficients a Model Unstandardized Coefficients Standardized Coefficients B Std. Error Beta t Sig. (Constant) 5,808 2,7 2,42,034 Y -,552,657 -,034 -,333,740 X -,774,303 -,26-2,552,02 X2-3,339 4,424 -,299-3,05,003 a. Dependent Variable: Z

Residuals Statistics a Minimum Maximum Mean Std. Deviation N Predicted Value -4,3653 4,8078 2,5852,53828 32 Residual -4,49258 9,38204,00000 4,9982 32 Std. Predicted Value -4,58,445,000,000 32 Std. Residual -,888 3,833,000,988 32 a. Dependent Variable: Z Regression [DataSet0] D:\Document\Thesis\Tesis Manmagilan\Data OK.sav Variables Entered/Removed a Model Variables Entered Variables Removed Method Y b. Enter a. Dependent Variable: ModeratingZ b. All requested variables entered. Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate,072 a,005 -,003 3,5660 a. Predictors: (Constant), Y ANOVA a Model Sum of Squares df Mean Square F Sig. Regression 8,534 8,534,67,44 b Residual 653,35 30 2,76 Total 66,669 3 a. Dependent Variable: ModeratingZ b. Predictors: (Constant), Y

Coefficients a Model Unstandardized Coefficients Standardized Coefficients B Std. Error Beta t Sig. (Constant) 4,760,577 3,08,003 Y -,799,975 -,072 -,89,44 a. Dependent Variable: ModeratingZ REGRESSION /MISSING LISTWISE /STATISTICS COEFF OUTS R ANOVA /CRITERIA=PIN(.05) POUT(.0) /NOORIGIN /DEPENDENT Z2 /METHOD=ENTER X X2 X3 /SAVE RESID. Regression [DataSet0] D:\Document\Thesis\Tesis Manmagilan\Data OK.sav Variables Entered/Removed a Model Variables Entered Variables Removed Method X3, X, X2 b. Enter a. Dependent Variable: Z2 b. All requested variables entered. Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate,70 a,029,006 7,9708 a. Predictors: (Constant), X3, X, X2 b. Dependent Variable: Z2

ANOVA a Model Sum of Squares df Mean Square F Sig. Regression 230,5 3 40,70,270,288 b Residual 4338,846 28 322,960 Total 42569,357 3 a. Dependent Variable: Z2 b. Predictors: (Constant), X3, X, X2 Coefficients a Model Unstandardized Coefficients Standardized Coefficients B Std. Error Beta t Sig. (Constant) 69,724 2,894 24,092,000 X,459,095,42,332,85 X2 30,563 22,566,99,354,78 X3-2,294 8,37 -,044 -,276,783 a. Dependent Variable: Z2 Residuals Statistics a Minimum Maximum Mean Std. Deviation N Predicted Value 70,397 88,2636 74,3320 3,06484 32 Residual -64,97036 27,4668,00000 7,764 32 Std. Predicted Value -,286 4,546,000,000 32 Std. Residual -3,65,528,000,988 32 a. Dependent Variable: Z2 Regression [DataSet0] D:\Document\Thesis\Tesis Manmagilan\Data OK.sav Variables Entered/Removed a Model Variables Entered Variables Removed Method Y b. Enter a. Dependent Variable: ModeratingZ2 b. All requested variables entered.

Model Summary Model R R Square Adjusted R Square Std. Error of the Estimate,72 a,029,022 9,2757 a. Predictors: (Constant), Y ANOVA a Model Sum of Squares df Mean Square F Sig. Regression 339,329 339,329 3,944,049 b Residual 85,036 30 86,039 Total 524,365 3 a. Dependent Variable: ModeratingZ2 b. Predictors: (Constant), Y Coefficients a Model Unstandardized Coefficients Standardized Coefficients B Std. Error Beta t Sig. (Constant) 7,04 4,02,76,088 Y 5,037 2,536,72,986,049 a. Dependent Variable: ModeratingZ2