Lampiran

Sampel Perusahaan Property Real Estate dan Kontruksi Bangunan yang terdaftar di BEI

No. Kode Emiten

1 (APLN) Agung Podomoro Land Tbk

2 (BAPA) Bekasi Asri Pemula Tbk
3 (BEST) Bekasi Fajar Industrial Estate Tbk
4 (CTRA) Ciputra Development Tbk
5 (DGIK) Nusa Kontruksi Enjiniring Tbk
6 (DILD) Intiland Development Tbk
7 (EMDE) Megapolitan Development Tbk
8 (LAMI) Lamicitra Nusantara Tbk
9 (MTLA) Metropolitan Land Tbk
10 (PUDP) Pudjiati Prestige Tbk
11 (PWON) Pakuwon Jati Tbk
12 (RDTX) Roda Vivatex Tbk
13 (SMRA) Summarecon Agung Tbk

Data Diversifikasi Tahun 2011, 2012, 2013 Dan 2014

No Kode Nama Emiten 2011 2012 2013 2014

Emiten
1 (APLN) Agung Podomoro Land Tbk 3 2 2 2
2 (BAPA) Bekasi Asri Pemula Tbk 2 3 3 3
3 (BEST) Bekasi Fajar Industrial Estate Tbk 1 1 1 1
4 (CTRA) Ciputra Development Tbk 1 1 1 1
5 (DGIK) Nusa Kontruksi Enjiniring Tbk 2 2 2 2
6 (DILD) Intiland Development Tbk 1 1 1 1
7 (EMDE) Megapolitan Development Tbk 1 1 1 1
8 (LAMI) Lamicitra Nusantara Tbk 1 1 1 1
9 (MTLA) Metropolitan Land Tbk 1 1 1 1
10 (PUDP) Pudjiati Prestige Tbk 5 5 5 5
11 (PWON) Pakuwon Jati Tbk 1 1 2 2
12 (RDTX) Roda Vivatex Tbk 1 1 1 1
13 (SMRA) Summarecon Agung Tbk 1 1 1 1
 Data Manajemen Laba Tahun 2011, 2012, 2013, dan 2014

Kode Piutang
NO Emiten 2010 2011 2012 2013 2014
1 (APLN) 166.058.620.000 255.873.419.000 298.444.623.000 416.207.759.000 400.045.577.000
2 (BAPA) 117.375.336.000 200.448.478.000 111.837.738.000 152.247.256.000 167.034.904.000
3 (BEST) 240.013.000.000 268.609.000.000 310.118.000.000 407.853.000.000 383.817.000.000
4 (CTRA) 196.500.752.160 199.686.956.577 219.607.208.300 306.380.879.154 392.856.746.890
5 (DGIK) 286.970.000.000 321.008.000.000 504.684.000.000 666.785.000.000 526.562.000.000
6 (DILD) 16.832.109.760 22.461.849.102 17.328.724.522 16.245.495.525 18.334.276.135
7 (EMDE) 184.722.465.942 330.859.078.818 351.446.587.419 624.473.696.445 1.028.850.294.270
8 (LAMI) 915.004.000.000 923.522.000.000 1.382.539.000.000 2.196.086.000.000 1.532.275.000.000
9 (MTLA) 66.195.114.729 110.313.882.253 172.250.828.845 162.807.609.923 124.082.619.027
10 (PUDP) 2.026.249.000.000 2.378.402.000.000 2.359.334.000.000 2.549.415.000.000 2.902.202.000.000
11 (PWON) 2.311.535.065.779 3.076.655.559.142 4.378.509.455.483 335.999.491.650 6.861.382.434.872
12 (RDTX) 132.469.786.639 161.952.798.897 135.995.646.518 285.853.171.964 208.245.803.553
13 (SMRA) 64.369.020.715 108.888.127.794 113.697.942.477 162.208.830.774 225.252.514.571

Kode Emiten Aset Tetap

NO
2011 2012 2013 2014
1 (APLN) 743.001.109.000 808.100.700.000 996.050.515.000 1.060.731.359.000
2 (BAPA) 2.687.073.000 3.177.373.000 9.530.157.000 14.343.585.000
3 (BEST) 1.152.779.000.000 1.384.995.000.000 1.478.147.000.000 1.530.836.000.000
4 (CTRA) 564.891.050.549 598.524.658.117 705.760.636.024 736.206.333.096
5 (DGIK) 1.210.049.000.000 1.271.236.000.000 1.271.806.000.000 1.450.942.000.000
6 (DILD) 11.162.623.619 10.915.692.913 11.734.067.653 12.712.559.053
7 (EMDE) 64.534.772.161 5.413.810.150 4.959.497.522 3.682.813.993
8 (LAMI) 8.189.881.000.000 10.389.326.000.000 14.788.915.000.000 18.973.272.000.000
9 (MTLA) 502.092.188.459 684.299.237.905 962.535.681.406 3.473.210.079.415
10 (PUDP) 2.590.036.000.000 3.839.756.000.000 4.844.407.000.000 5.838.843.000.000
11 (PWON) 1.876.846.372.611 2.951.053.796.147 3.774.428.445.529 4.629.105.006.400
12 (RDTX) 342.984.242.464 339.196.269.505 367.912.766.507 394.584.546.295
13 (SMRA) 70.716.800.956 82.994.324.633 84.097.628.783 103.335.945.534

Kode Total Asset

NO
Emiten 2010 2011 2012 2013 2014
 1 (APLN) 1.297.898.382.000 1.556.600.855.000 1.714.834.430.000 2.084.567.189.000 2.227.041.590.000
2 (BAPA) 159.196.107.000 258.483.778.000 147.882.362.000 241.912.806.000 244.879.397.000
3 (BEST) 2.372.657.000.000 2.690.595.000.000 3.115.421.000.000 3.539.393.000.000 3.918.391.000.000
4 (CTRA) 831.507.593.676 337.359.770.277 831.507.593.676 1.135.244.802.060 1.259.938.133.543
5 (DGIK) 1.967.633.000.000 2.123.285.000.000 2.299.672.000.000 2.382.875.000.000 2.476.982.000.000
6 (DILD) 175.682.792.596 171.322.620.690 184.636.344.559 256.372.669.050 268.877.322.944
7 (EMDE) 533.380.349.067 760.652.852.665 808.912.469.095 1.239.559.149.691 1.492.058.289.723
8 (LAMI) 30.741.679.000.000 39.088.705.000.000 41.509.325.000.000 50.770.251.000.000 58.220.600.000.000
9 (MTLA) 1.017.613.013.155 1.013.575.088.112 1.362.546.557.862 2.378.728.273.722 4.221.696.886.907
10 (PUDP) 13.361.313.000.000 16.222.867.000.000 17.763.480.000.000 21.267.470.000.000 24.910.211.000.000
11 (PWON 7.985.019.561.240 12.905.429.351.184 17.577.664.024.361 22.315.022.507.630 23.471.397.834.920
)
12 (RDTX) 1.173.623.760.493 1.114.901.669.774 1.188.618.790.410 1.294.510.669.195 1.248.343.275.406
13 (SMRA) 389.007.411.195 544.282.443.363 612.224.219.835 765.881.409.376 897.281.657.710

Kode Total Pendapatan

NO
Emiten 2010 2011 2012 2013 2014
1 (APLN) 1.099.386.282.000 1.505.559.487.000 1.509.185.293.000 1.663.385.190.000 1.945.383.031.000
2 (BAPA) 845.070.373.000 873.024.320.000 836.887.168.000 1.099.620.270.000 1.230.364.713.000
3 (BEST) 2.426.138.000.000 2.596.271.000.000 2.857.310.000.000 3.216.480.000.000 3.672.186.000.000
4 (CTRA) 830.183.904.081 922.684.829.411 1.113.663.603.211 1.417.640.229.330 1.609.758.677.687
5 (DGIK) 2.124.381.000.000 2.503.984.000.000 3.395.369.000.000 2.668.954.000.000 2.284.211.000.000
6 (DILD) 97.283.942.857 161.413.570.091 146.690.966.909 131.333.196.189 132.775.925.237
7 (EMDE) 810.859.291.874 775.171.661.181 1.211.846.624.578 1.635.191.558.590 1.242.326.926.365
8 (LAMI) 37.691.997.000.000 41.884.352.000.000 49.028.696.000.000 55.436.954.000.000 65.185.850
9 (MTLA) 661.992.384.716 1.016.881.448.518 861.164.216.195 1.057.343.006.058 1.175.464.356.704
10 (PUDP) 17.960.120.000.000 19.367.155.000.000 21.574.792.000.000 25.094.681.000.000 30.022.463.000.000
11 (PWON 10.935.334.616.535 15.892.404.268.756 19.780.838.058.900 20.094.736.395.135 19.458.165.173.088
)
12 (RDTX) 508.328.419.141 1.203.466.970.652 1.156.050.256.720 1.337.498.191.710 1.381.436.578.115
13 (SMRA) 461.421.340.873 555.886.728.181 582.654.361.422 640.702.671.875 933.462.438.255

NO Kode ,EXBI
 Emiten 2011 2012 2013 2014
1 (APLN) 98.285.669.000 85.290.905.000 90.836.309.000 103.529.075.000
2 (BAPA) 12.432.292.000 1.261.921.000 3.757.664.000 1.903.178.000
3 (BEST) 432.736.000.000 448.620.000.000 429.375.000.000 555.638.000.000
4 (CTRA) 148.971.880.727 224.424.097.735 321.296.916.741 352.131.191.348
5 (DGIK) 179.489.000.000 87.310.000.000 156.114.000.000 132.384.000.000
6 (DILD) -7.340.655.590 23.006.862.464 42.636.885.085 17.183.018.745
7 (EMDE) 69.135.575.854 37.371.093.090 47.091.330.682 -21.065.663.708
8 (LAMI) 6.867.973.000.000 6.025.681.000.000 6.691.722.000.000 8.577.656.000.000
9 (MTLA) 21.434.285.126 14.279.007.735 -283.989.192.006 -101.142.729.533
10 (PUDP) 2.608.001.000.000 2.841.060.000.000 2.771.924.000.000 3.128.693.000.000
11 (PWON 1.025.656.170.502 1.049.245.060.391 951.000.279.726 1.009.759.247.935
)
12 (RDTX) 91.958.702.134 83.308.894.982 -32.306.089.208 46.344.316.460
13 (SMRA) 47.087.049.928 43.890.852.012 34.559.748.890 30.552.928.355

Kode OCF
NO
Emiten 2011 2012 2013 2014
1 (APLN) 134.955.391.000 12.203.424.000 -24.262.141.000 374.349.492.000
2 (BAPA) 27.922.477.000 -4.757.106.000 -507.543.000 -19.833.943.000
3 (BEST) 335.387.000.000 411.135.000.000 551.871.000.000 564.250.000.000
4 (CTRA) 1.438.525.974.399 237.695.889.064 278.878.036.499 238.937.995.916
5 (DGIK) 74.060.000.000 1.646.000.000 222.244.000.000 68.190.000.000
6 (DILD) 14.122.036.999 6.530.804.861 4.858.078.430 11.413.411.537
7 (EMDE) -72.595.323.695 -31.277.457.522 20.808.146.780 308.878.634.696
8 (LAMI) -90.307.000.000 3.953.574.000.000 2,472.971.000.000 1.657.776.000.000
9 (MTLA) 8.016.053.554 48.588.918.886 393.683.433.691 -121.347.343.243
10 (PUDP) 2.174.427.000.000 3.041.616.000.000 1,993.496.000.000 3.860.843.000.000
11 (PWON) -1.215.207.280.462 -2.876.087.842.113 -2,354.544.752.211 525.682.412.925
12 (RDTX) 29.396.516.728 -40.914.557.262 -141.616.973.089 148.726.901.608
13 (SMRA) 19.866.212.087 -99.406.551.083 77.754.740.234 81.915.088.114
Data Hasil Perhitungan Kepemilikan Manajerial Tahun 2011-2012

Kode Jumlah Saham Total modal saham

No Tahun KPMJ
Perusahaan yang dimiliki MNJ yang beredar

2011 1,681,000,000 1,742,273,000,000 1.022731

2012 1,854,000,000 1,742,204,000,000 0.829951

1 APLN

2013 192,636,000,000 1,742,204,000,000 0.342366

2014 193,793,000,000 1,742,204,000,000 0.637589

2011 2,285,148,000 525,000,000,000 0.64095

2012 2,856,434,000 656,249,710,000 0.829951

2 BAPA

2013 2,856,434,000 656,249,710,000 0.342366

2014 656,249,710,000 0.637589

2011 4,464,000 74,333,333 1.040409

2012 4,464,000 74,333,333 1.257187

3 BEST

2013 4,464,000 74,333,333 1.037489

2014 6,859,204 81,766,667 0.687065

2011 66,629,757,800 70,104,347,800 0.319089

2012 66,629,757,800 70,104,347,800 0.208528

4 CTRA

2013 66,629,757,800 70,104,347,800 0.121093

2014 66,629,757,800 70,104,347,800 0.171973

5 DGIK
2011 12,009,380,600 143,966,886,005 5.860509

2012 12,009,380,600 287,933,886,005 6.80427

2013 11,512,000,000 431,900,886,005 22.47211

2014 11,512,000,000 143,967,000,000 4.096134

6 DILD
2011 4,900,000,000 218,466,324,700 2.306438
2012 1.451436
4,900,000,000 218,652,800,600
 2013 4,900,000,000 218,652,800,600 1.408189

2014 4,900,000,000 218,660,309,000 1.507777

2011 138,000,000 878,043,000,000 2.450497

2012 138,000,000 878,043,000,000 2.306113

7 EMDE

2013 877,905,000,000 878,043,000,000 1.666292

2014 877,905,000,000 878,043,000,000 2.401608

2011 12,500,000 555,400,000,000 2.037564

2012 12,500,000 555,400,000,000 4.547592

8 LAMI

2013 12,500,000 555,400,000,000 2.631737

2014 12,500,000 555,400,000,000 9.004492

2011 156,540,000 69,000,000,000 0.503673

2012 156,540,000 69,000,000,000 0.544273

9 MTLA

2013 156,540,000 69,000,000,000 0.369491

2014 156,540,000 69,000,000,000 0.372094

10 PUDP
2011 84,131,500 504,258,834,500 0.545597

2012 84,131,500 504,258,834,500 0.214476

2013 84,131,500 504,258,834,500 0.284046

2014 84,131,500 504,258,834,500 0.33356

2011 100,450,000 107,000,000,000 0.723144

2012 100,450,000 107,000,000,000 0.471652

11 PWON

2013 100,450,000 107,000,000,000 0.344992

2014 88,450,000 107,000,000,000 0.448941

2011 23,739,216,375 252,000,000,000 0.662577

2012 23,739,216,375 252,000,000,000 0.69715

12 RDTX

2013 3,508,925,000 252,000,000,000 0.709438

2014 23,075,591,375 252,000,000,000 0.943234

 2011 12,348,000,000 53,508,000,000 0.837654

2012 12,348,000,000 53,508,000,000 0.748101

13 SMRA
0.592054
2013 12,348,000,000 53,508,000,000
1.014285
2014 12,348,000,000 53,508,000,000

Data Hasil Perhitungan Kepemilikan Institusional Tahun 2011-2012

Kode Jumlah Saham Total modal saham

No Tahun KPMJ
Perusahaan institusional yang beredar

1,740,591,000,000 1,742,273,000,000 0.999035

2011

2012 1,038,651,000,000 1,742,273,000,000 0.596147

1 APLN 2013 1,549,572,000,000 1,742,204,000,000 0.889432

2014
1,549,572,000,000 1,742,204,000,000 0.887564
2 BAPA
2011 522,714,852,000 525,000,000,000 0.995647

2012
 653,393,276,000 656,249,710,000 0.596147

2013 653,393,276,000 656,249,710,000 0.889432

653,393,276,000
2014
656,249,710,000 0.887564

31,536,000 36,000,000 0.876

2011

2012 69,869,333 74,333,333 0.310863

3 BEST 2013 69,869,333 74,333,333 0.939946

2014
69,869,333 81,766,667 0.916112

3,474,590,000 70,104,347,800 0.049563

2011

2012 3,474,590,000 70,104,347,800 0.049563

4 CTRA 2013 3,474,590,000 70,104,347,800 0.049563

2014
3,474,590,000 70,104,347,800 0.049563
5 DGIK
2011 143,966,886,000 155,976,266,600 0.923005
2012 143,967,000,000 167,985,266,600 0.923007

2013 132,455,000,000 143,967,000,000 0.920037

2014 132,455,000,000 143,967,000,000 0.920037

6 DILD 2011
213,566,324,700 218,466,324,700 0.977571
2012
213,752,777,700 218,652,777,700 0.97759
2013
213,752,800,600 218,652,800,600 0.97759
2014

213,752,800,600 218,660,309,000 0.837305

2017

7 EMDE 2011 877,905,000,000

878,043,000,000 0.999843
2012 877,905,000,000
878,043,000,000 0.999843
2013 877,905,000,000
2014 878,043,000,000 0.999843
877,905,000,000
878,043,000,000 0.999843
877,905,000,000
8 LAMI 2011
555,387,500,000 555,400,000,000 0.999977
2012
555,387,500,000 555,400,000,000 0.999977
2013
555,387,500,000 555,400,000,000 0.999977
2014

555,387,500,000 555,400,000,000 0.999977

9 MTLA 2011
68,843,460,000 69,000,000,000 0.997731
2012
69,000,000,000 0.997731
2013
68,843,460,000
2014 69,000,000,000 0.997731
68,843,460,000
69,000,000,000 0.997731
68,843,460,000

10 PUDP 2011
504,174,703,000 504,258,834,500 0.999833
2012 504,174,703,000 504,258,834,500 0.999833

2013 504,174,703,000 504,258,834,500 0.999833

2014 504,174,703,000 504,258,834,500 0.999833

504,174,703,000 504,258,834,500 0.999833

11 PWON 2011
106,899,550,000 107,000,000,000 0.999061
2012
106,899,550,000 107,000,000,000 0.999061
2013

2014 106,899,550,000 107,000,000,000 0.999061

106,899,550,000 107,000,000,000 0.999061

12 RDTX 2011
252,000,000,000 0.905797
2012
252,000,000,000 0.905797
2013

2014 252,000,000,000 0.986076

252,000,000,000 0.986076
 13 SMRA 2011
41,160,000,000 53,508,000,000 0.769231
2012
41,160,000,000 53,508,000,000 0.769231
2013

2014 41,160,000,000 53,508,000,000 0.769231

41,160,000,000 53,508,000,000 0.769231

Data Hasil Perhitungan Komisaris Independen Tahun 2011-2012

Jumlah Komisaris independen Total

Kode Jumlah
N
Perusahaa Tahun Dewa KPMJ
o
n Komisari
s

6
2011 2 0.285714
1 APLN
2012 2 6 0.333333
2013 2 0.333333
2014 2 9 0.222222

3
2011 1 0.333333
2 BAPA
2012 1 3 0.333333
2013 1 0.333333
2014 1 3 0.222222

3 BEST 2011 0.333333

2012 3 0.333333
2013 0.333333
3
2014 0.333333
 3

3
2011 1 0.333333
4 CTRA
2012 1 3 0.333333
2013 1 0.333333
2014 1 3 0.333333

3
2011 1 0.333333
5 DGIK
2012 1 3 0.333333
2013 1 0.333333
2014 1 3 0.333333

1
2011 0.333333
3
1
2012 0.333333
3
6 DILD
2013 1
0.333333
3
2014 1 0.333333
3

2011 3 0.375
2012 3 8 0.375
2013 3 0.375
8

7 EMDE 8
2014 3 0.375
8

2
2011 5 0.4
2
2012 5 0.4
2
8 LAMI 2013 6 0.333333
 2014 1 0.25
4
2011 1 0.333333
2012 1 3 0.333333
2013 1 0.333333
3

9 MTLA 3
2014 1 0.333333
3
2011 0.5
2012 2 0.5
2013 0.5
2

10 PUDP 2
2014 1 0.5
2
2011 1 0.333333
2012 1 3 0.333333
2013 1 0.333333
3

11 PWON 3
2014 1 0.333333
3
2011 2 0.333333
2012 2 6 0.333333
2013 2 0.333333
6

12 RDTX 6
2014 2 0.333333
6
2011 1 0.333333
2012 1 3 0.333333
2013 2 0.5
3

13 SMRA 4
2014 2 0.5
4
Data Hasil Perhitungan Nilai Perusahaan Tahun 2011-2012

Harga Total
modal
Kode Pasar Per
No Tahun saham KPMJ
Perusahaan Lembar yang
saham beredar
2011 1,680 1,643 1.022731
2012 1,425 1,717 0.829951
1 APLN 2013 530 1,548 0.342366
2014 1,070 1,678 0.637589

2011 2,140 3,339 0.64095

2012 1,600 2,770 0.829951
2 BAPA 2013 350 2,924 0.342366
2014 810 3,151 0.637589

323 310 1.040409

487 387 1.257187
3 BEST 425 410 1.037489
354 515 0.687065

2011 185 580 0.319089

2012 204 978 0.208528
4 CTRA 2013 125 1,032 0.121093
2014 170 989 0.171973

2011 3,450 589 5.860509

2012 4,750 698 6.80427
5 DGIK 2013 4,760 212 22.47211
2014 980 239 4.096134
276 4.540136
2011 570 247 2.306438
2012 352 243 1.451436
2013 325 231 1.408189
6 DILD 1.507777
2014 219
330 2.028325

7 EMDE 2011 6,600 2,693 2.450497

2012 6,750 2,927 2.306113
 2013 5,175 3,106 1.666292
2014 7,925 3,300 2.401608

8 LAMI 2011 590 290 2.037564

2012 1,465 322 4.547592
2013 870 331 2.631737
2014 2,750 305 9.004492

2011 270 536 0.503673

2012 268 492 0.544273
9 MTLA 2013 250 677 0.369491
2014 120 322 0.372094

2011 215 394 0.545597

2012 175 816 0.214476
10 PUDP 2013 113 398 0.284046
2014 135 405 0.33356

2011 305 422 0.723144

2012 200 424 0.471652
11 PWON 2013 140 406 0.344992
2014 185 412 0.448941

2011 150 226 0.662577

2012 143 205 0.69715
12 RDTX 2013 122 172 0.709438
2014 134 142 0.943234

2011 147 175 0.837654

2012 135 180 0.748101
13 SMRA 2013 112 189 0.592054
2014 200 197 1.014285

LAMPIRAN
UJI NORMALITAS

One-Sample Kolmogorov-Smirnov Test

Unstandardized
Residual

N 13

Mean 0E-7
Normal Parametersa,b
Std. Deviation 4,63486574

Absolute ,126

Most Extreme Differences Positive ,126

Negative -,109

Kolmogorov-Smirnov Z ,419

Asymp. Sig. (2-tailed) ,045

a. Test distribution is Normal.

b. Calculated from data.

UJI Multikolinieritas
Coefficientsa

Model Unstandardized Standardized t Sig. Collinearity

Coefficients Coefficients Statistics

B Std. Error Beta Toleranc VIF

e

(Constant) 14,126 21,617 ,653 ,534

DP -,398 ,434 -,284 -,917 ,390 ,620 1,613

CG 1,256 ,586 ,783 2,144 ,069 ,445 2,245

1
ML ,223 ,583 ,120 ,382 ,714 ,600 1,667

KI ,313 ,694 ,231 ,493 ,825 ,711 2,765

a. Dependent Variable: P.L.KEU

Uji Heteroskedastisitas
Coefficientsa
Model Unstandardized Coefficients Standardized t Sig.
Coefficients

B Std. Error Beta

(Constant) 8,010 10,353 ,774 ,464

DP -,198 ,208 -,428 -,952 ,373

1 CG ,173 ,280 ,327 ,617 ,556

ML ,284 ,390 ,438 ,726 ,646

KI -,052 ,279 -,084 -,185 ,859

a. Dependent Variable: Abs_res

Uji T

Model Sum of Squares df Mean Square T Sig.

Regression 45.335 4 11.334 8.925 .000a

Residual 36.827 29 1.270

1 Total 82.162 33

Uji Determinasi R2

Model R R Square Std. Error of

Adjusted R the Durbin-
Square Estimate Watson

1 .743a .552 .490 1.12689 1.669

Uji Regresi
 Model Unstandardized Standardized t Sig.
Coefficients Coefficients

B Std. Error Beta

(Constant) 1.576 .944 1.669 .106

1
Diversifikasi .885 1.316 .097 3.673 .006
Perusahaan

Model Unstandardized Standardized t Sig.

Coefficients Coefficients

B Std. Error Beta

(Constant) 1.576 .944 1.669 .106

1
Corporate 3.153 1.277 .313 3.469 .020
Governance

Model Unstandardized Standardized t Sig.

Coefficients Coefficients

B Std. Error Beta

(Constant) 31.571 14.010 2.253 .027

Diversifikasi
Perusahaan -.992 .869 -.685 -1.142 .257

1
Kepemilikan .144 .112 .192 1.291 .207
Institusional

MRA X1Z .055 .037 1.566 2.510 .035

Model Unstandardized Standardized t Sig.
Coefficients Coefficients

B Std. Error Beta

(Constant) 13.453 19.545 .688 .493

Corporate
Governance -.301 1.158 -.208 -.260 .795

Kepemilikan
1 Institusional
.144 112 .192 1.291 .207

MRA X2Z .043 .093 .567 2.462 .045