DAFTAR PUSTAKA. Ahmed Riahi-Belkaoui (2011), Accounting Theory, Teori Akuntansi, Edisi 5 Indonesia, Buku Satu, Jakarta: Salemba Empat.

Transkripsi

1 85 DAFTAR PUSTAKA Abdul Rahman dan Baldric Siregar (2012), Faktor-Faktor yang Mempengaruhi Kecenderungan Penerimaan Opini Audit Going Concern pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia, Simposium Nasional Akuntansi XV. Agoes, Sukrisno (2012), Auditing Petunjuk Praktis Pemeriksaan Akuntan Oleh Akuntan Publik, Jilid 1, Edisi Keempat, Jakarta: Salemba Empat. Ahmed Riahi-Belkaoui (2011), Accounting Theory, Teori Akuntansi, Edisi 5 Indonesia, Buku Satu, Jakarta: Salemba Empat. Alvin A. Arens, Randal J. Elder, dan Mark S. Beasley (2012), Auditing and Assurance Services an Integrated Approach, Edisi keempat belas, Inggris: Pearson Education Limited. Ball, Ray dan Philip Brown (1968), An Empirical Evaluation of Accounting Income Numbers. Journal o f Accounting Research (Autumn): Beaver, William H., Mary Lea McAnally, dan Christopher H. Stinson (1997). The Information Content of Earnings and Prices: A Simultaneous Equations Approach. Journal o f Accounting and Economics 23, Biro Riset Ekonomi Direktorat Riset Ekonomi dan Kebijakan Moneter, Bank Indonesia (2009), Outlook Ekonomi Indonesia: Krisis Finansial Global dan Dampaknya terhadap Perekonomian Indonesia. Breton G., Schatt A. (2000), La titrisation, Revue d Economie Financiere, n 59, p Bursa Efek Jakarta (2011), Indonesian Capital Market Directory, Institute For Economic And Financial Research (2012), Indonesian Capital Market Directory, Institute For Economic And Financial Research (2013), Indonesian Capital Market Directory, Institute For Economic And Financial Research. Diah Kusuma Wardhani. (2008), Pengaruh Corporate Governance Terhadap Kinerja Perusahaan di Indonesia, Skripsi, Universitas Islam Indonesia.

2 86 Edy Rismanda Sembiring. (2005), Karakteristik Perusahaan dan Pengungkapan Tanggung Jawab Sosial: Studi Empiris pada Perusahaan yang Tercatat di BEJ, Simposium Nasional Akuntansi VIII. Eko Budi Setyarno, Indira Januarti, dan Faisal (2006), Pengaruh Kualitas Audit, Kondisi Keuangan Perusahaan, Opini Audit Tahun Sebelumnya, Pertumbuhan Perusahaan Terhadap Opini Audit Going Concern, Simposium Nasional Akuntansi IX, Eugene F. Brigham dan Joel F. Houston (2009), Essentials of Financial Management, Edisi ke 2, Singapura: Cengage Learning Asia Pte Ltd. Fama, Eugene F. (1992), Efficient Market: A Review of Theory and Empirical Work, Journal of Finance, 25 (2): dan Kenneth R. French (1992), The Cross-Section of Expected Stock Returns. The Journal o f Finance 47, no. 2: Journal of Finance 47, no. 2: Firth, Michael (1978), Qualified Audit Reports: Their Impact on Investment Decisions. The Accounting Review 53, no. 3: Gunawan, G (2007), Analisis Pengaruh Pengaruh Earning Surprise Terhadap Return Saham dan Uji Beda Return dan Resiko Positive Earning Surprise Portopolio dengan Negative Earning Surprise Portopolio, Skripsi, Universitas Kristen Petra, Surabaya. Hani, Clearly, dan Mukhlasin (2003), Going Concern dan Opini Audit: Suatu Studi pada Perusahaan Perbankan di BEJ, Simposium Nasional Akuntansi VI. Horne, James C. V. and Wachoviz Jr, John M. (2008), Fundamental of Financial Management 13th ed, New Jersey: Prentice Hall International. Ikatan Akuntan Indonesia (2012), Standar Akuntansi Keuangan Per 1 Juni 2012, Jakarta: Ikatan Akuntan Indonesia. Imam Ghozali (2009), Analisis Multivariate Lanjutan dengan Program SPSS, Semarang: Badan Penerbit Universitas Diponegoro. Institut Akuntan Publik Indonesia (2011), Standar Profesional Akuntan Publik, Jakarta: Salemba Empat. Jogiyanto H. M, (2000), Teori Portofolio dan Analisis Investasi, Edisi 3, BPFE UGM, Yogyakarta.

3 , (2003), Teori Portofolio dan Analisis Investasi, Edisi Ketiga, Yogyakarta: BPFE, Yogyakarta , (2009), Teori Portofolio dan Analisis Investasi, Yogyakarta: BPFE, Yogyakarta. Jones, Charles P. (2009), Investment: Analysis and Management, 9th edition, New York: John Willey and Sons. Inc. Kevin C. W. Chen dan Bryan K. Church (1992), Default on Debt Obligations and The Issuance of Going-Concern Report, Auditing: Journal Practice and Theory, Fall, (1996), Going Concern Opinions and the Market's Reaction to Bankruptcy Filings, The Accounting Review, Lakonishok, J., A. Shleifer, and R. Vishny. (1994), Contrarian Investment, Extrapolation, and Risk. Journal of Finance 49: Lawrence J. Gitman (2009), Principles of Managerial Finance, Edisi Ke 12, Edisi Internasional, Boston: Pearson. Lianny Leo (2007), Incremental Information Content dalam Opini Audit Unqualified dengan Paragraf Penjelasan, Jurnal Akuntansi dan Keuangan Indonesia, Vol.4, No.2, hal Margaretta Fanny dan Sylvia Saputra (2005), Opini Audit Going Concern: Kajian Berdasarkan Model Prediksi Kebangkrutan, Pertumbuhan Perusahaan, dan Reputasi Kantor Akuntan Publik (Studi Pada Emiten Bursa Efek Jakarta), Simposium Nasional Akuntansi VIII, Marisi P. Purba (2009), Asumsi Going Concern Suatu Tinjauan Terhadap Dampak Krisis Keuangan atas Opini Audit dan Laporan Keuangan, Yogyakarta: Graha Ilmu. Michael C. Jensen dan William H. Meckling (1976), Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure, Journal of Financial Economics, Vol. 3, No. 4. Mirna Dyah Praptitorini dan Indira Januarti (2007), Analisis Pengaruh Kualitas Audit, Debt Default dan Opinion Shopping terhadap Penerimaan Opini Going Concern, Simposium Nasional Akuntansi X. Puji Rahayu (2007), Assessing Going Concern Opinion: A Study Based on Financial and Non-Financial Informations (Empirical Evidence of

4 88 Indonesian Banking Firms Listed on JSX and SSX), Simposium Nasional Akuntansi X. Putu Terestiani Dadri (2011), Pengaruh Investment Opportunity Set dan Struktur Modal terhadap Return Saham Pada Perusahaan Farmasi di Bursa Efek Indonesia, Tesis, Universitas Udayana. Richard J. Taffler and Christine E.L.Tan (2006), The Impact of Bankruptcy on the Value of the Auditor s Going Concern Opinion to Investors, CAAA 2006 Annual Conference Paper. Sharpe, William, F, et al. (1997), Investasi, PT. Prenhallindo, Jakarta. Sekaran, Uma. (2006), Reseach Methods for Business; Metodologi Penelitian untuk Bisnis (Edisi 4 ), Jakarta, Salemba Empat. Sutojo, Siswanto (2000), Mengenali Arti dan Penggunaan Nerca Perusahaan, Jakarta: Damar Mulia Pustaka. Thio Anastasia Petronela (2004), Pertimbangan Going Concern Perusahaan Dalam Pemberian Opini Audit, Jurnal Balance, Teoh, Siew Hong dan T. J. Wong (1993), Perceived Auditor Quality and the Earnings Response Coefficient. The Accounting Review 68, no. 2: William F. Messier, Jr, Steven M. Glover, dan Douglas F. Prawitt (2006), Auditing and Assurance Services a Systematic Approach, Jasa Audit & Assurance Pendekatan Sistematis, Edisi 4 Indonesia Buku Satu, Jakarta: Salemba Empat. Yulius Kurnia Susanto (2009), Faktor-Faktor yang Mempengaruhi Penerimaan Opini Audit Going Concern pada Perusahaan Publik Sektor Manufaktur, Jurnal Bisnis Dan Akuntansi Vol. 11, No. 3,

5 89 LAMPIRAN Lampiran 1 Data Penelitian No Industri Kode Tahun Opini (X1) MBV (X2) 1 Mahaka Media Tbk. ABBA ,62 2 Asiaplast Industries Tbk. APLI ,59 3 Arpeni Pratama Ocean Line Tbk. APOL ,15 4 Argo Pantes Tbk. ARGO ,52 5 Asia Natural Resources Tbk. ASIA ,17 6 Sepatu Bata Tbk. BATA ,02 7 Bank Mutiara Tbk. BCIC ,18 8 Primarindo Asia Infrastructure Tbk. BIMA ,41 9 Bhuwanatala Indah Permai Tbk. BIPP ,6 10 Berlian Laju Tanker Tbk. BLTA ,18 11 Bumi Teknokultura Unggul Tbk. BTEK ,21 12 Borneo Lumbung Energi & Metal Tbk. BORN ,8 13 Bakrie Telecom Tbk. BTEL ,93 14 Citra Kebun Raya Agri Tbk. CKRA ,12 15 Central Proteinaprima Tbk. CPRO ,57 16 Dharma Samudera Fishing Industries Tbk. DSFI ,21 17 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,31 18 Garuda Indonesia (Persero) Tbk. GIAA ,34 19 Panasia Indo Resources Tbk. (d/h Panasia indsyntec) HDTX ,29 20 Indonesia Air Transport Tbk. IATA ,63 21 Inti Bangun Sejahtera Tbk. IBST ,28 22 Tanah Laut Tbk. INDX Toba Pulp Lestari Tbk. INRU ,16 24 Indo Tambangraya Megah Tbk. ITMG ,42 25 Jaya Agra Wattie Tbk. JAWA ,09 26 Jakarta Kyoei Steel Works Tbk. JKSW ,04 27 Jaya Pari Steel Tbk. JPRS ,72 28 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,61 29 Lippo Securities Tbk. LPPS ,57 30 PP London Sumatra Indonesia Tbk. LSIP ,33

6 90 No Industri Kode Tahun Opini (X1) MBV (X2) 31 Mitra Adiperkasa Tbk. MAPI ,07 32 Mitrabahtera Segara Sejati Tbk. MBSS ,79 33 Capitalinc Investment Tbk. MTFN ,69 34 Hanson International Tbk. MYRX ,61 35 Polaris Investama Tbk. PLAS ,87 36 Asia Pacific Fibers Tbk. POLY ,06 37 Rimo Catur Lestari Tbk. RIMO ,8 38 Steady Safe Tbk. SAFE ,4 39 Bank Himpunan Saudara 1906 Tbk. SDRA ,68 40 Siwani Makmur Tbk. SIMA ,76 41 Samudera Indonesia Tbk. SMDR ,22 42 Star Petrochem Tbk. STAR ,49 43 Sumalindo Lestari Jaya Tbk. SULI ,65 44 Tifico Fiber Indonesia Tbk. TFCO ,02 45 Tirta Mahakam Resources Tbk. TIRT ,66 46 Pelayaran Tempuran Emas Tbk. TMAS ,18 47 Trada Maritime Tbk. TRAM ,5 48 Truba Alam Manunggal Engineering Tbk. TRUB ,61 49 Unitex Tbk. UNTX ,16 50 Zebra Nusantara Tbk. ZBRA ,49 51 Mahaka Media Tbk. ABBA ,65 52 Asiaplast Industries Tbk. APLI ,45 53 Arpeni Pratama Ocean Line Tbk. APOL ,1 54 Argo Pantes Tbk. ARGO ,23 55 Atlas Resources Tbk ARII ,17 56 Asia Natural Resources Tbk. ASIA ,25 57 Sepatu Bata Tbk. BATA ,38 58 Bank Mutiara Tbk. BCIC ,59 59 Bumi Citra Permai Tbk. BCIP ,89 60 Primarindo Asia Infrastructure Tbk. BIMA ,3

7 91 No Industri Kode Tahun Opini (X1) MBV (X2) 61 Bhuwanatala Indah Permai Tbk. BIPP ,56 62 Berlian Laju Tanker Tbk. BLTA ,02 63 Borneo Lumbung Energi & Metal Tbk. BORN ,82 64 Bumi Teknokultura Unggul Tbk. BTEK ,16 65 Bakrie Telecom Tbk. BTEL ,52 66 Citra Kebun Raya Agri Tbk. CKRA ,93 67 Central Proteinaprima Tbk. CPRO ,55 68 Dharma Samudera Fishing Industries Tbk. DSFI ,91 69 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,32 70 Garuda Indonesia (Persero) Tbk. GIAA ,83 71 Panasia Indo Resources Tbk. (d/h Panasia indsyntec) HDTX ,88 72 Indonesia Air Transport Tbk. IATA ,34 73 Inti Bangun Sejahtera Tbk. IBST ,1 74 Tanah Laut Tbk. INDX ,69 75 Indo Tambangraya Megah Tbk. ITMG ,74 76 Leo Investments Tbk. ITTG ,23 77 Jaya Agra Wattie Tbk. JAWA ,12 78 Jakarta Kyoei Steel Works Tbk. JKSW ,04 79 Jaya Pari Steel Tbk. JPRS ,56 80 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,63 81 Perdana Bangun Pusaka Tbk. KONI ,04 82 Star Pacific Tbk. LPLI ,31 83 Lippo Securities Tbk. LPPS ,53 84 Mitra Adiperkasa Tbk. MAPI ,75 85 Mitrabahtera Segara Sejati Tbk. MBSS ,57 86 Capitalinc Investment Tbk. MTFN ,34 87 Hanson International Tbk. MYRX ,79 88 Apac Citra Centertex Tbk. MYTX ,32 89 Perdana Karya Perkasa Tbk. PKPK ,29 90 Polaris Investama Tbk. PLAS ,23

8 92 No Industri Kode Tahun Opini (X1) MBV (X2) 91 Asia Pacific Fibers Tbk. POLY ,02 92 Steady Safe Tbk. SAFE ,49 93 Bank Himpunan Saudara 1906 Tbk. SDRA ,54 94 Siwani Makmur Tbk. SIMA ,89 95 Samudera Indonesia Tbk. SMDR ,14 96 Star Petrochem Tbk. STAR ,49 97 Sumalindo Lestari Jaya Tbk. SULI ,62 98 Express Transindo Utama Tbk. TAXI ,9 99 Tifico Fiber Indonesia Tbk. TFCO , Tirta Mahakam Resources Tbk. TIRT , Pelayaran Tempuran Emas Tbk. TMAS , Trada Maritime Tbk. TRAM ,4 103 Truba Alam Manunggal Engineering Tbk. TRUB ,6 104 Unitex Tbk. UNTX , Wahana Pronatural Tbk. WAPO , Zebra Nusantara Tbk. ZBRA ,8 No Industri Kode Tahun ROE (X3) Total Aset (X4) 1 Mahaka Media Tbk. ABBA ,03 12,99 2 Asiaplast Industries Tbk. APLI ,02 11,85 3 Arpeni Pratama Ocean Line Tbk. APOL ,26 14,92 4 Argo Pantes Tbk. ARGO ,63 14,41 5 Asia Natural Resources Tbk. ASIA ,18 10,85 6 Sepatu Bata Tbk. BATA ,18 13,26 7 Bank Mutiara Tbk. BCIC ,19 16,54 8 Primarindo Asia Infrastructure Tbk. BIMA ,01 11,51 9 Bhuwanatala Indah Permai Tbk. BIPP ,19 12,09 10 Berlian Laju Tanker Tbk. BLTA ,67 16,2 11 Bumi Teknokultura Unggul Tbk. BTEK ,01 11,6 12 Borneo Lumbung Energi & Metal Tbk. BORN ,62 16,81 13 Bakrie Telecom Tbk. BTEL ,01 16,02 14 Citra Kebun Raya Agri Tbk. CKRA ,01 15 Central Proteinaprima Tbk. CPRO ,98 15,78 16 Dharma Samudera Fishing Industries Tbk. DSFI ,57 12,36 17 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,31 16,48 18 Garuda Indonesia (Persero) Tbk. GIAA ,13 17,01 19 Panasia Indo Resources Tbk. (d/h Panasia indsyntec) HDTX ,12 20 Indonesia Air Transport Tbk. IATA ,07 13,54

9 93 No Industri Kode Tahun ROE (X3) Total Aset (X4) 21 Inti Bangun Sejahtera Tbk. IBST ,46 14,58 22 Tanah Laut Tbk. INDX ,33 11,92 23 Toba Pulp Lestari Tbk. INRU ,93 24 Indo Tambangraya Megah Tbk. ITMG ,43 14,22 25 Jaya Agra Wattie Tbk. JAWA ,12 14,62 26 Jakarta Kyoei Steel Works Tbk. JKSW ,04 12,53 27 Jaya Pari Steel Tbk. JPRS ,03 12,9 28 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,05 13,52 29 Lippo Securities Tbk. LPPS ,19 13,55 30 PP London Sumatra Indonesia Tbk. LSIP ,18 15,84 31 Mitra Adiperkasa Tbk. MAPI ,2 15,87 32 Mitrabahtera Segara Sejati Tbk. MBSS ,17 15,02 33 Capitalinc Investment Tbk. MTFN ,38 13,54 34 Hanson International Tbk. MYRX ,58 13,87 35 Polaris Investama Tbk. PLAS ,04 12,76 36 Asia Pacific Fibers Tbk. POLY ,04 15,18 37 Rimo Catur Lestari Tbk. RIMO ,24 8,83 38 Steady Safe Tbk. SAFE ,08 10,63 39 Bank Himpunan Saudara 1906 Tbk. SDRA ,17 15,85 40 Siwani Makmur Tbk. SIMA ,33 10,8 41 Samudera Indonesia Tbk. SMDR ,02 15,73 42 Star Petrochem Tbk. STAR ,53 43 Sumalindo Lestari Jaya Tbk. SULI ,25 14,17 44 Tifico Fiber Indonesia Tbk. TFCO ,03 15,13 45 Tirta Mahakam Resources Tbk. TIRT ,31 13,43 46 Pelayaran Tempuran Emas Tbk. TMAS ,3 14,24 47 Trada Maritime Tbk. TRAM ,01 14,99 48 Truba Alam Manunggal Engineering Tbk. TRUB ,11 14,81 49 Unitex Tbk. UNTX ,06 11,99 50 Zebra Nusantara Tbk. ZBRA ,89 10,76

10 94 No Industri Kode Tahun ROE (X3) Total Aset (X4) 51 Mahaka Media Tbk. ABBA , Asiaplast Industries Tbk. APLI ,01 11,75 53 Arpeni Pratama Ocean Line Tbk. APOL ,99 14,76 54 Argo Pantes Tbk. ARGO ,32 14,67 55 Atlas Resources Tbk ARII ,08 12,66 56 Asia Natural Resources Tbk. ASIA ,02 10,85 57 Sepatu Bata Tbk. BATA ,11 13,43 58 Bank Mutiara Tbk. BCIC ,81 16,47 59 Bumi Citra Permai Tbk. BCIP ,15 12,98 60 Primarindo Asia Infrastructure Tbk. BIMA ,08 11,68 61 Bhuwanatala Indah Permai Tbk. BIPP ,25 13,24 62 Berlian Laju Tanker Tbk. BLTA ,02 16,1 63 Borneo Lumbung Energi & Metal Tbk. BORN ,14 16,6 64 Bumi Teknokultura Unggul Tbk. BTEK ,03 12,82 65 Bakrie Telecom Tbk. BTEL ,63 16,03 66 Citra Kebun Raya Agri Tbk. CKRA ,99 67 Central Proteinaprima Tbk. CPRO ,92 15,79 68 Dharma Samudera Fishing Industries Tbk. DSFI ,19 12,45 69 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,83 16,58 70 Garuda Indonesia (Persero) Tbk. GIAA ,4 71 Panasia Indo Resources Tbk. (d/h Panasia indsyntec) HDTX ,3 14,68 72 Indonesia Air Transport Tbk. IATA ,01 14,09 73 Inti Bangun Sejahtera Tbk. IBST ,38 14,85 74 Tanah Laut Tbk. INDX ,13 11,9 75 Indo Tambangraya Megah Tbk. ITMG ,24 14,15 76 Leo Investments Tbk. ITTG ,02 11,45 77 Jaya Agra Wattie Tbk. JAWA ,05 14,79 78 Jakarta Kyoei Steel Works Tbk. JKSW ,02 12,48 79 Jaya Pari Steel Tbk. JPRS ,04 12,84 80 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,28

11 95 No Industri Kode Tahun ROE (X3) Total Aset (X4) 81 Perdana Bangun Pusaka Tbk. KONI ,15 11,59 82 Star Pacific Tbk. LPLI ,16 14,44 83 Lippo Securities Tbk. LPPS ,19 13,76 84 Mitra Adiperkasa Tbk. MAPI ,13 15,61 85 Mitrabahtera Segara Sejati Tbk. MBSS ,16 15,27 86 Capitalinc Investment Tbk. MTFN ,67 13,61 87 Hanson International Tbk. MYRX ,02 15,49 88 Apac Citra Centertex Tbk. MYTX ,59 14,56 89 Perdana Karya Perkasa Tbk. PKPK ,8 90 Polaris Investama Tbk. PLAS ,04 12,58 91 Asia Pacific Fibers Tbk. POLY ,04 15,28 92 Steady Safe Tbk. SAFE ,06 9,57 93 Bank Himpunan Saudara 1906 Tbk. SDRA ,15 15,92 94 Siwani Makmur Tbk. SIMA ,23 11,09 95 Samudera Indonesia Tbk. SMDR ,02 15,88 96 Star Petrochem Tbk. STAR ,53 97 Sumalindo Lestari Jaya Tbk. SULI ,88 13,75 98 Express Transindo Utama Tbk. TAXI ,17 14,57 99 Tifico Fiber Indonesia Tbk. TFCO ,03 15,3 100 Tirta Mahakam Resources Tbk. TIRT ,78 13, Pelayaran Tempuran Emas Tbk. TMAS , Trada Maritime Tbk. TRAM ,09 15, Truba Alam Manunggal Engineering Tbk. TRUB ,74 14, Unitex Tbk. UNTX ,1 12, Wahana Pronatural Tbk. WAPO ,01 11, Zebra Nusantara Tbk. ZBRA ,23 10,59

12 96 No Industri Kode Tahun 1 Mahaka Media Tbk. ABBA ,13-0,08 0,01 2 Asiaplast Industries Tbk. APLI ,02-0, Arpeni Pratama Ocean Line Tbk. APOL ,03-0,02 0,02 4 Argo Pantes Tbk. ARGO ,03-0,03-0,02 5 Asia Natural Resources Tbk. ASIA ,01-0,02 0,01 6 Sepatu Bata Tbk. BATA ,02-0,02-0,02 7 Bank Mutiara Tbk. BCIC ,03-0,02-0,02 8 Primarindo Asia Infrastructure Tbk. BIMA ,04-0,04 9 Bhuwanatala Indah Permai Tbk. BIPP ,13-0,08-0,01 10 Berlian Laju Tanker Tbk. BLTA ,03 0-0,01 11 Bumi Teknokultura Unggul Tbk. BTEK ,11 0, Borneo Lumbung Energi & Metal Tbk. BORN ,05 0,02 0,03 13 Bakrie Telecom Tbk. BTEL ,01-0,03-0,01 14 Citra Kebun Raya Agri Tbk. CKRA ,1 0 0,03 15 Central Proteinaprima Tbk. CPRO ,04-0,04 16 Dharma Samudera Fishing Industries Tbk. DSFI ,1-0,07-0,03 17 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,08-0,01 18 Garuda Indonesia (Persero) Tbk. GIAA ,04-0,03-0,02 Panasia Indo Resources Tbk. (d/h Panasia 19 indsyntec) HDTX ,12 0 0,02 20 Indonesia Air Transport Tbk. IATA ,13-0,08-0,03 21 Inti Bangun Sejahtera Tbk. IBST ,06-0,05-0,02 22 Tanah Laut Tbk. INDX ,01 0,01-0,02 23 Toba Pulp Lestari Tbk. INRU ,04-0,02-0,01 24 Indo Tambangraya Megah Tbk. ITMG ,11-0,06-0,02 25 Jaya Agra Wattie Tbk. JAWA ,02-0,03 0,05 26 Jakarta Kyoei Steel Works Tbk. JKSW ,03-0,01 0,02 27 Jaya Pari Steel Tbk. JPRS ,01-0,03-0,01 28 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,02-0,02-0,03 29 Lippo Securities Tbk. LPPS ,09-0,1 30 PP London Sumatra Indonesia Tbk. LSIP ,15-0,06 0 CAR (10) CAR (5) CAR (1)

13 97 No Industri Kode Tahun 31 Mitra Adiperkasa Tbk. MAPI ,05-0,01 0,05 32 Mitrabahtera Segara Sejati Tbk. MBSS ,07-0,01-0,02 33 Capitalinc Investment Tbk. MTFN ,12 0, Hanson International Tbk. MYRX ,09 0,1 0,02 35 Polaris Investama Tbk. PLAS ,13 0,04 0,01 36 Asia Pacific Fibers Tbk. POLY ,02-0,01-0,01 37 Rimo Catur Lestari Tbk. RIMO ,07-0,18-0,01 38 Steady Safe Tbk. SAFE ,15-0,17-0,07 39 Bank Himpunan Saudara 1906 Tbk. SDRA ,12 0,1-0,01 40 Siwani Makmur Tbk. SIMA ,02-0,02-0,03 41 Samudera Indonesia Tbk. SMDR ,04-0, Star Petrochem Tbk. STAR ,04-0,04 43 Sumalindo Lestari Jaya Tbk. SULI ,07-0,04 44 Tifico Fiber Indonesia Tbk. TFCO ,05-0,06 0,01 45 Tirta Mahakam Resources Tbk. TIRT ,02-0,01 0,01 46 Pelayaran Tempuran Emas Tbk. TMAS ,05 0,04-0,01 47 Trada Maritime Tbk. TRAM ,07 0,08 0,05 48 Truba Alam Manunggal Engineering Tbk. TRUB , Unitex Tbk. UNTX ,01-0,03-0,01 50 Zebra Nusantara Tbk. ZBRA ,07-0,02-0,01 51 Mahaka Media Tbk. ABBA ,12-0, Asiaplast Industries Tbk. APLI ,07-0,04 0,04 53 Arpeni Pratama Ocean Line Tbk. APOL ,02-0,01-0,02 54 Argo Pantes Tbk. ARGO ,02-0,01-0,02 55 Atlas Resources Tbk ARII ,01-0,04-0,02 56 Asia Natural Resources Tbk. ASIA , Sepatu Bata Tbk. BATA ,07 0,05 0,02 58 Bank Mutiara Tbk. BCIC ,04 0 0,03 59 Bumi Citra Permai Tbk. BCIP ,15 0,06 0,01 60 Primarindo Asia Infrastructure Tbk. BIMA ,03-0,05-0,03 CAR (10) CAR (5) CAR (1)

14 98 No Industri Kode Tahun 61 Bhuwanatala Indah Permai Tbk. BIPP ,08-0,03-0,02 62 Berlian Laju Tanker Tbk. BLTA ,04 0, Borneo Lumbung Energi & Metal Tbk. BORN ,01 0,01 64 Bumi Teknokultura Unggul Tbk. BTEK ,04 0-0,01 65 Bakrie Telecom Tbk. BTEL ,05 0-0,01 66 Citra Kebun Raya Agri Tbk. CKRA ,02-0,13 0,01 67 Central Proteinaprima Tbk. CPRO ,03-0,05-0,03 68 Dharma Samudera Fishing Industries Tbk. DSFI ,03 0,07-0,01 69 Smartfren Telecom Tbk. (d/h Mobile-8 Telecom) FREN ,1-0,1-0,03 70 Garuda Indonesia (Persero) Tbk. GIAA ,06 0 0,01 Panasia Indo Resources Tbk. (d/h Panasia 71 indsyntec) HDTX ,07-0,01 0,02 72 Indonesia Air Transport Tbk. IATA ,09-0,09-0,05 73 Inti Bangun Sejahtera Tbk. IBST Tanah Laut Tbk. INDX ,12 0,02-0,04 75 Indo Tambangraya Megah Tbk. ITMG ,11-0,08-0,03 76 Leo Investments Tbk. ITTG ,03-0,03-0,01 77 Jaya Agra Wattie Tbk. JAWA ,06-0,05-0,08 78 Jakarta Kyoei Steel Works Tbk. JKSW ,05-0,1-0,09 79 Jaya Pari Steel Tbk. JPRS ,02-0,06-0,02 80 Kertas Basuki Rachmat Indonesia Tbk. KBRI ,03-0,05-0,03 81 Perdana Bangun Pusaka Tbk. KONI Star Pacific Tbk. LPLI ,08 0, Lippo Securities Tbk. LPPS ,09 0,16-0,02 84 Mitra Adiperkasa Tbk. MAPI ,1-0,11-0,02 85 Mitrabahtera Segara Sejati Tbk. MBSS ,06-0,11-0,02 86 Capitalinc Investment Tbk. MTFN ,12 0,04 0,05 87 Hanson International Tbk. MYRX ,04-0,01 0,02 88 Apac Citra Centertex Tbk. MYTX ,01 0,08 0,06 89 Perdana Karya Perkasa Tbk. PKPK ,08-0,07-0,03 90 Polaris Investama Tbk. PLAS , CAR (10) CAR (5) CAR (1)

15 99 No Industri Kode Tahun 91 Asia Pacific Fibers Tbk. POLY ,01-0,03-0,03 92 Steady Safe Tbk. SAFE ,01 0,02 0,02 93 Bank Himpunan Saudara 1906 Tbk. SDRA ,01 0,04 0,03 94 Siwani Makmur Tbk. SIMA ,03-0,01-0,01 95 Samudera Indonesia Tbk. SMDR ,17-0,01-0,01 96 Star Petrochem Tbk. STAR Sumalindo Lestari Jaya Tbk. SULI ,11-0,04-0,01 98 Express Transindo Utama Tbk. TAXI ,13-0,01-0,05 99 Tifico Fiber Indonesia Tbk. TFCO ,07-0,17-0, Tirta Mahakam Resources Tbk. TIRT ,07-0,03-0, Pelayaran Tempuran Emas Tbk. TMAS ,16 0, Trada Maritime Tbk. TRAM ,03 0-0, Truba Alam Manunggal Engineering Tbk. TRUB ,01-0, Unitex Tbk. UNTX ,05 0-0, Wahana Pronatural Tbk. WAPO ,15-0,15 0, Zebra Nusantara Tbk. ZBRA ,23 0,01-0,03 CAR (10) CAR (5) CAR (1) Lampiran 2 Analisis Deskriptive Descriptive Statistics N Minimum Maximum Mean Std. Deviation Opini (X1) 106,00 1,00,5189,50202 MBV (X2) 106-5,65 41,60 3,3213 7,83132 ROE (X3) 106-4,74 3,25,0142,99585 Total Aset (X4) 106 8,83 17,40 13,8194 1,80493 CAR 10 (Y) 106 -,15,23 -,0157,07441 CAR 5 (Y) 106 -,18,16 -,0211,06043 CAR 1 (Y) 106 -,10,12 -,0073,02991 Valid N (listwise) 106

16 100 Lampiran 3 Uji Asumsi Klasik a. Normalitas 1) Model 1 (CAR 10) 2) Model 2 (CAR 5)

17 101 3) Model 3 (CAR 1) One-Sample Kolmogorov-Smirnov Test Unstandardized Residual Unstandardized Residual Unstandardized Residual N Normal Parameters a,b Mean, , , Std. Deviation, , , Absolute,103,095,103 Most Extreme Differences Positive,103,095,103 Negative -,056 -,087 -,097 Kolmogorov-Smirnov Z 1,062,977 1,064 Asymp. Sig. (2-tailed),210,295,208

18 102 b. Heterokedastisitas 1) Model 1 (CAR 10) 2) Model 2 (CAR 5)

19 103 3) Model 3 (CAR 1) 1) Model 1 (CAR 10) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta (Constant),088,038 2,325,022 Opini (X1) -,016,009 -,171-1,732,086 MBV (X2),000,001 -,042 -,434,665 ROE (X3) -,007,005 -,153-1,566,121 Total Aset (X4) -,002,003 -,067 -,677,500 a. Dependent Variable: Abs1

20 104 2) Model 2 (CAR 5) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta (Constant),079,033 2,382,019 Opini (X1),000,008,003,028,978 MBV (X2),000,001 -,064 -,642,522 ROE (X3),002,004,039,393,695 Total Aset (X4) -,003,002 -,110-1,098,275 a. Dependent Variable: Abs2 3) Model 3 (CAR 1) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. B Std. Error Beta (Constant),024,017 1,426,157 Opini (X1),004,004,094,933,353 1 MBV (X2),000,000 -,069 -,696,488 ROE (X3),000,002,016,159,874 Total Aset (X4),000,001 -,029 -,293,770 a. Dependent Variable: Abs3

21 105 c. Multikolinearitas Coefficients a Model Collinearity Statistics Tolerance VIF Opini (X1),966 1,036 1 MBV (X2),985 1,015 ROE (X3),983 1,018 Total Aset (X4),966 1,036 a. Dependent Variable: CAR (Y) d. Autokorelasi 1) Model 1 (CAR 10) Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson 1,219 a,048,010, ,795 a. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) b. Dependent Variable: CAR (Y) 2) Model 2 (CAR 5) Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson 1,145 a,021 -,018, ,775 a. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) b. Dependent Variable: CAR (Y)

22 106 3) Model 3 (CAR 1) Model Summary b Model R R Square Adjusted R Square Std. Error of the Estimate Durbin-Watson 1,143 a,020 -,018, ,760 a. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) b. Dependent Variable: CAR (Y) Lampiran 4 Analisis Regresi 1) Model 1 (CAR 10) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,025,058 -,424,672 Opini (X1),007,015,045,456,649,966 1,036 1 MBV (X2) -,002,001 -,172-1,761,081,985 1,015 ROE (X3) -,011,007 -,149-1,518,132,983 1,018 Total Aset (X4),001,004,020,200,842,966 1,036 a. Dependent Variable: CAR (Y)

23 107 2) Model 2 (CAR 5) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,086,048-1,791,076 Opini (X1),003,012,027,274,785,966 1,036 1 MBV (X2),00039,001 -,051 -,518,605,985 1,015 ROE (X3),001,006,008,084,933,983 1,018 Total Aset (X4),005,003,140 1,394,166,966 1,036 a. Dependent Variable: CAR (Y) 3) Model 3 (CAR 1) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,021,024 -,868,387 Opini (X1) -,006,006 -,107-1,071,287,966 1,036 1 MBV (X2) -9,115E-005,000 -,024 -,241,810,985 1,015 ROE (X3),00012,003 -,004 -,042,966,983 1,018 Total Aset (X4),001,002,074,742,460,966 1,036 a. Dependent Variable: CAR (Y)

24 108 Lampiran 4 Uji Hipotesis a. Uji Beda 1 Paired Samples Statistics Mean N Std. Deviation Std. Error Mean Pair 1 Pair 2 Pair 3 Pair 4 Pair 5 Pair 6 Pair 7 Pair 8 Pair 9 Pair 10 AR10 -, , , AR_10 -, , , AR9, , , AR_9, , , AR8 -, , , AR_8 -, , , AR7, , , AR_7, , , AR6, , , AR_6, , , AR5, , , AR_5, , , AR4 -, , , AR_4 -, , , AR3 -, , , AR_3 -, , , AR2 -, , , AR_2 -, , , AR1 -, , , AR_1 -, , ,

25 109 Paired Samples Test Paired Differences t Sig. (2- Mean Std. Deviation Std. Error Mean 95% Confidence Interval of the Difference tailed) Lower Upper Pair 1 AR10 - AR_10, , , , , ,100,921 Pair 2 AR9 - AR_9, , , , , ,163,871 Pair 3 AR8 - AR_8 -, , , , , ,045,964 Pair 4 AR7 - AR_7 -, , , , , ,083,935 Pair 5 AR6 - AR_6, , , , , ,327,745 Pair 6 AR5 - AR_5, , , , , ,655,515 Pair 7 AR4 - AR_4 -, , , , , ,548,586 Pair 8 AR3 - AR_3 -, , , , , ,476,636 Pair 9 AR2 - AR_2 -, , , , , ,365,716 Pair 10 AR1 - AR_1, , , , , ,779,439 Return sebelum opini Sebelum Opini going Concern Return sesudah opini Sesudah Opini going Concern Uji Beda Mean STD Dev Mean STD Dev Mean STD Dev T Value F Value -1 -,003940, ,000596, , , ,779, ,002018, ,004489, , , ,365, ,001058, ,003091, , , ,476, ,001375, ,003495, , , ,548,586-5,001035, ,004842, , , ,655,515-6,003738, ,005671, , , ,327,745-7,000520, ,000095, , , ,083, ,000618, ,000873, , , ,045,964-9,000064, ,001176, , , ,163, ,000958, ,000609, , , ,100,921

26 110

27 111 b. Uji Beda 2 Paired Samples Statistics Mean N Std. Deviation Std. Error Mean UQ10, , , Pair 1 GC10, , , Pair 2 UQ9, , , GC9, , , Pair 3 UQ8, , , GC8 -, , , Pair 4 UQ7, , , GC7, , , Pair 5 UQ6 -, , , GC6, , , Pair 6 UQ5, , , GC5, , , Pair 7 UQ4 -, , , GC4 -, , , Pair 8 UQ3 -, , , GC3 -, , , Pair 9 UQ2 -, , , GC2 -, , , Pair 10 UQ1 -, , , GC1, , , Pair 11 UQ_1, , , GC_1 -, , , Pair 12 UQ_2, , , GC_2 -, , , Pair 13 UQ_3, , , GC_3 -, , , Pair 14 UQ_4 -, , , GC_4 -, , , Pair 15 UQ_5 -, , , GC_5, , , Pair 16 UQ_6, , , GC_6, , , Pair 17 UQ_7, , , GC_7, , , Pair 18 UQ_8 -, , ,

28 112 Pair 19 Pair 20 GC_8 -, , , UQ_9, , , GC_9, , , UQ_10 -, , , GC_10, , , Paired Samples Test Mean Paired Differences t Sig. (2- Std. Std. Error 95% Confidence Interval tailed) Deviation Mean of the Difference Lower Upper Pair 1 UQ10 - GC10, , , , , ,961,341 Pair 2 UQ9 - GC9, , , , , ,079,937 Pair 3 UQ8 - GC8, , , , , ,264,212 Pair 4 UQ7 - GC7, , , , , ,354,725 Pair 5 UQ6 - GC6 -, , , , , ,585,013 Pair 6 UQ5 - GC5, , , , , ,312,756 Pair 7 UQ4 - GC4, , , , , ,296,769 Pair 8 UQ3 - GC3 -, , , , , ,363,718 Pair 9 UQ2 - GC2 -, , , , , ,873,387 Pair 10 UQ1 - GC1 -, , , , , ,718,476 Pair 11 UQ_1 - GC_1, , , , , ,383,173 Pair 12 UQ_2 - GC_2, , , , , ,193,848 Pair 13 UQ_3 - GC_3, , , , , ,256,799 Pair 14 UQ_4 - GC_4 -, , , , , ,088,930 Pair 15 UQ_5 - GC_5 -, , , , , ,889,065 Pair 16 UQ_6 - GC_6, , , , , ,516,608 Pair 17 UQ_7 - GC_7, , , , , ,086,932 Pair 18 UQ_8 - GC_8 -, , , , , ,215,831 Pair 19 UQ_9 - GC_9, , , , , ,025,981 Pair 20 UQ_10 - GC_10 -, , , , , ,833,073

29 113 Return /Hari Opini Going Concern Opini Unqualifie Uji Beda Mean STD Dev Mean STD Dev Mean STD Dev T Value F Value -10,000018, ,008121, , , ,833,073-9,000786, ,000958, , , ,025, ,001295, ,002780, , , ,215,831-7,001347, ,001871, , , ,086,932-6,000259, ,003305, , , ,516,608-5,001956, ,008137, , , ,889, ,000977, ,001332, , , ,088, ,000857, ,000407, , , ,256, ,000484, ,000875, , , ,193, ,005084, ,000068, , , ,383, ,009659, ,000509, , , ,025,048 1,000293, ,002904, , , ,718, ,001251, ,006396, , , ,873, ,003011, ,004713, , , ,363, ,004372, ,003278, , , ,296,769 5,002328, ,004561, , , ,312,756 6,005803, ,009798, , , ,585,013 7,000212, ,001843, , , ,354, ,000889, ,005903, , , ,264,212 9,001651, ,001890, , , ,079,937 10,001378, ,007081, , , ,961,341

30 114 c. Uji Beda 3 Paired Samples Statistics Mean N Std. Deviation Std. Error Mean Pair 1 Pair 2 Pair 3 UQ10 -, , , GC10 -, , , UQ5 -, , , GC5 -, , , UQ1 -, , , GC1 -, , , Paired Samples Test Paired Differences t Sig. (2- Mean Std. Deviation Std. Error Mean 95% Confidence Interval of the Difference tailed) Lower Upper Pair 1 UQ10 - GC10 -, , , , , ,356,723 Pair 2 UQ5 - GC5 -, , , , , ,152,880 Pair 3 UQ1 - GC1, , , , , ,788,080 Return /Hari Opini Goning Concern Opini Unqualifie Uji Beda Mean STD Dev Mean STD Dev T Value CAR 10-(10) -,013922, ,019020, , , ,356,723 CAR 5-(5) -,019412, ,021176, , , ,152,880 CAR 1-(1) -,013137, ,003529, , , ,788,080 Mean STD Dev F Value d. Uji F 1) Model 1 (CAR 10) ANOVA a Model Sum of Squares df Mean Square F Sig. 1 Regression,028 4,007 1,278,284 b Residual, ,005

31 115 Total, a. Dependent Variable: CAR (Y) b. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) 2) Model 2 (CAR 5) ANOVA a Model Sum of Squares df Mean Square F Sig. Regression,008 4,002,546,702 b 1 Residual, ,004 Total, a. Dependent Variable: CAR (Y) b. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) 3) Model 3 (CAR 1) ANOVA a Model Sum of Squares Df Mean Square F Sig. Regression,002 4,000,524,718 b 1 Residual, ,001 Total, a. Dependent Variable: CAR (Y) b. Predictors: (Constant), Total Aset (X4), MBV (X2), ROE (X3), Opini (X1) e. Uji T

32 116 1) Model 1 (CAR 10) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,025,058 -,424,672 Opini (X1),007,015,045,456,649,966 1,036 1 MBV (X2) -,002,001 -,172-1,761,081,985 1,015 ROE (X3) -,011,007 -,149-1,518,132,983 1,018 Total Aset (X4),001,004,020,200,842,966 1,036 a. Dependent Variable: CAR (Y)

33 117 2) Model 2 (CAR 5) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,086,048-1,791,076 Opini (X1),003,012,027,274,785,966 1,036 1 MBV (X2),00039,001 -,051 -,518,605,985 1,015 ROE (X3),001,006,008,084,933,983 1,018 Total Aset (X4),005,003,140 1,394,166,966 1,036 a. Dependent Variable: CAR (Y) 3) Model 3 (CAR 1) Coefficients a Model Unstandardized Coefficients Standardized Coefficients t Sig. Collinearity Statistics B Std. Error Beta Tolerance VIF (Constant) -,021,024 -,868,387 Opini (X1) -,006,006 -,107-1,071,287,966 1,036 1 MBV (X2) -9,115E-005,000 -,024 -,241,810,985 1,015 ROE (X3),00012,003 -,004 -,042,966,983 1,018 Total Aset (X4),001,002,074,742,460,966 1,036 a. Dependent Variable: CAR (Y)