Descriptive Statistics KESELURUHAN SAMPEL

N Minimum Maximum Mean Std. Deviation

UDD 140 2,00 9,00 3,8357 1,31188

PKI 140 1,00 4,00 1,3929 ,61978
KA 140 2,00 5,00 2,9357 ,40163
KPIN 140 ,15 2,06 ,6594 ,26294
KPMN 87 ,00 ,84 ,1234 ,19592
DISTRESSED 140 -406,50 643,84 -7,6097 81,79313
Valid N (listwise) 87

Descriptive Statistics Financial Distress

N Minimum Maximum Mean Std. Deviation

UDD 100 2,00 9,00 3,8100 1,40486

PKI 100 1,00 4,00 1,4300 ,67052
KA 100 2,00 5,00 2,9100 ,47344
KPIN 100 ,15 2,06 ,6248 ,28165
KPMN 59 ,00 ,84 ,1350 ,20796
DISTRESSED 100 -406,50 643,84 -12,7787 96,03341
Valid N (listwise) 59

Descriptive Statistics Non FINANCIAL Distress

N Minimum Maximum Mean Std. Deviation

UDD 40 2,00 5,00 3,9000 1,05733

PKI 40 1,00 2,00 1,3000 ,46410
KA 40 3,00 3,00 3,0000 ,00000
KPIN 40 ,34 ,98 ,7327 ,18947
KPMN 28 ,00 ,60 ,0990 ,16868
DISTRESSED 40 ,00 79,00 5,3130 13,91838
Valid N (listwise) 28

dapat disimpulkan ukuran Dewan Direksi (DD) menunjukan bahwa rata-rata (mean) ukuran
Dewan Direksi pada perusahaan yang mengalami Financial Distress lebih besar dibanding
dengan perusahaan yang tidak mengalami Financial Distress.Variabel proporsi Komisaris
Independen menunjukan bahwa rata-rata (mean) Proporsi Komisaris Independen pada
perusahaan yang tidak mengalami Financial Distress lebih besar dibanding dengan perusahaan
yang mengalami Financial Distress. Variabel komite Audit (KA) menunjukan bahwa rata-rata
(mean) jumlah Komite Audit pada perusahaan yang tidak mengalami Financial Distress lebih
besar dibanding dengan perusahaan yang mengalami Financial Distress. Variabel Kepemilikan
Institusional (KEPINST) menunjukan bahwa rata-rata (mean) Kepemilikan Institusional pada
perusahaan yang tidak mengalami Financial Distress lebih besar dibanding dengan perusahaan
yang mengalami Financial Distress.

FD

Observed N Expected N Residual

Positif 75 70,0 5,0

Negatif 65 70,0 -5,0
Total 140

Test Statistics

FD

Chi-Square ,714a
df 1
Asymp. Sig. ,398

a. 0 cells (0,0%) have

expected frequencies less
than 5. The minimum
expected cell frequency is
70,0.

Financial Distress Dummy

Step Chi-Square Df Sig

1 7,14 1 0,398

Case Processing Summary

Unweighted Casesa N Percent

Included in Analysis 87 62,1

Selected Cases Missing Cases 53 37,9

Total 140 100,0

Unselected Cases 0 ,0
Total 140 100,0

a. If weight is in effect, see classification table for the total number of

cases.

Dependent Variable Encoding

Original Value Internal Value

Positif 0
Negatif 1

Iteration Historya,b,c

Iteration -2 Log likelihood Coefficients

Constant

1 117,265 -,391

Step 0 2 117,264 -,396

3 117,264 -,396

a. Constant is included in the model.

b. Initial -2 Log Likelihood: 117,264
c. Estimation terminated at iteration number 3
because parameter estimates changed by less than
,001.

Classification Tablea,b

Observed Predicted

DISTRESSED Percentage

Positif Negatif Correct

Positif 52 0 100,0
DISTRESSED
Step 0 Negatif 35 0 ,0

Overall Percentage 59,8

a. Constant is included in the model.

b. The cut value is ,500
 Variables in the Equation

B S.E. Wald df Sig. Exp(B)

Step 0 Constant -,396 ,219 3,279 1 ,070 ,673

Variables not in the Equation

Score df Sig.

X1 ,888 1 ,346

X2 9,621 1 ,002

Variables X3 ,065 1 ,799

Step 0
X4 2,061 1 ,151

X5 ,911 1 ,340

Overall Statistics 16,093 5 ,007

Iteration Historya,b,c,d

Iteration -2 Log likelihood Coefficients

Constant X1 X2 X3 X4 X5

1 100,239 3,949 ,189 -1,384 -,789 -1,260 -1,135

2 99,375 4,751 ,216 -1,737 -,895 -1,550 -1,552

Step 1 3 99,358 4,863 ,217 -1,796 -,905 -1,586 -1,623

4 99,358 4,866 ,217 -1,797 -,905 -1,587 -1,624

5 99,358 4,866 ,217 -1,797 -,905 -1,587 -1,624

a. Method: Enter
b. Constant is included in the model.
c. Initial -2 Log Likelihood: 117,264
d. Estimation terminated at iteration number 5 because parameter estimates changed by less than ,001.

Omnibus Tests of Model Coefficients

Chi-square Df Sig.

Step 17,907 5 ,003

Step 1 Block 17,907 5 ,003

Model 17,907 5 ,003

Model Summary
Step -2 Log likelihood Cox & Snell R Nagelkerke R
Square Square
a
1 99,358 ,186 ,251

a. Estimation terminated at iteration number 5 because

parameter estimates changed by less than ,001.

Hosmer and Lemeshow Test

Step Chi-square Df Sig.

1 12,378 7 ,089

Contingency Table for Hosmer and Lemeshow Test

DISTRESSED = Positif DISTRESSED = Negatif Total

Observed Expected Observed Expected

1 8 9,168 2 ,832 10

2 8 8,526 2 1,474 10

3 7 7,237 2 1,763 9

4 9 5,598 0 3,402 9

Step 1 5 6 5,198 3 3,802 9

6 7 5,108 3 4,892 10

7 3 4,058 6 4,942 9

8 3 3,665 6 5,335 9

9 1 3,442 11 8,558 12

Variables in the Equation

B S.E. Wald df Sig. Exp(B) 95% C.I.for EXP(B)

Lower Upper
 X1 ,217 ,263 ,684 1 ,408 1,243 ,742 2,081

X2 -1,797 ,605 8,832 1 ,003 ,166 ,051 ,542

X3 -,905 ,957 ,894 1 ,344 ,405 ,062 2,639

Step 1a
X4 -1,587 1,188 1,783 1 ,182 ,205 ,020 2,101

X5 -1,624 1,491 1,187 1 ,276 ,197 ,011 3,661

Constant 4,866 3,271 2,213 1 ,137 129,774

a. Variable(s) entered on step 1: X1, X2, X3, X4, X5.

Correlation Matrix

Constant X1 X2 X3 X4 X5

Constant 1,000 -,322 -,627 -,884 ,003 ,095

X1 -,322 1,000 -,096 -,030 ,267 -,048

X2 -,627 -,096 1,000 ,535 -,127 -,106

Step 1
X3 -,884 -,030 ,535 1,000 -,339 -,237

X4 ,003 ,267 -,127 -,339 1,000 ,463

X5 ,095 -,048 -,106 -,237 ,463 1,000

Casewise Listb

Case Selected Statusa Observed Predicted Predicted Group Temporary Variable

DISTRESSED Resid ZResid

14 S N** ,068 P ,932 3,712

69 S N** ,094 P ,906 3,102

a. S = Selected, U = Unselected cases, and ** = Misclassified cases.

b. Cases with studentized residuals greater than 2,000 are listed.