PENGARUH KINERJA KEUANGAN TERHADAP NILAI …repository.uisu.ac.id/bitstream/123456789/481/1/Cover... · 2021. 1. 19. · Dan Kinerja Keuangan Terhadap Nilai Perusahaan Dengan Kepemilikan

PENGARUH KINERJA KEUANGAN TERHADAP NILAIPERUSAHAAN TEKSTIL DAN GARMEN YANG

TERDAFTAR DI BEI

SKRIPSI

Diajukan Untuk Melengkapi Tugas-tugas danMemenuhi Syarat-Syarat Untuk Memperoleh

Gelar Sarjana Ekonomi

Oleh:

Nama : Tengku Aulia Pratama

NPM : 7114030042

Jurusan: Akuntansi

FAKULTAS EKONOMI

UNIVERSITAS ISLAM SUMATERA UTARA

MEDAN

2020

KATA PENGANTAR

بسمهللالرحمنالرحيم

Alunan puji tak terhingga saya panjatkan kepada pemilik kesempurnaan

diatas segala kesempurnaan kehadirat Allah SWT karena hanya dengan rahmat

dan karunia yang dilimpahkan-Nya penulis dapat menyelesaikan tugas akhir

membuat skripsi, serta satu seruan pencerahan intelektual kepada Rasulullah

Muhammad SAW yang telah terbukti dalam sejarah, mampu mengubah peradaban

manusia dari kegelapan moral intelektual dan membawanya pada peradaban tinggi

di bawah petunjuk Ilahi.

Dalam kesempatan ini penulis menghaturkan ucapan terima kasih yang

mendalam dan tulus teristimewa kepada:

1. Bapak Dr. Yanhar Jamaluddin, MAP selaku Rektor Universitas Islam

Sumatera Utara.

2. Ibu Dr. Hj. Safrida, SE, M.Si selaku Dekan Fakultas Ekonomi Universitas

Islam Sumatera Utara.

3. Ibu Heny Triastuti KN, SE, M.Si selaku Ketua Program Studi Akuntansi

Fakultas Ekonomi Universitas Islam Sumatera Utara.

4. Ibu Farida Khairani Lubis, SE, M.Si selaku Sekretaris Program Studi

Akuntansi Fakultas Ekonomi Universitas Islam Sumatera Utara.

5. Ibu Heny Triastuti KN, SE, M.Si dan Ibu Sri Rahayu, SE, M.Si selaku

pembimbing I dan pembimbing II penulis di Fakultas Ekonomi

Universitas Islam Sumatera Utara yang telah meluangkan waktu untuk

memberikan nasehat dan masukan serta kritik kepada penulis.

iii

6. Seluruh Dosen dan Staf Pengajar Fakultas Ekonomi Universitas Islam

Sumatera Utara.

7. Penulis ucapkan terima kasih teristimewa kepada kedua orang tua tercinta

yang telah banyak memberikan dukungan doa dan kasih sayang yang tak

pernah putus sampai sekarang.

Akhirnya skripsi ini dapat diselesaikan, walaupun skripsi ini tidak

sempurna namun semoga dapat memberi manfaat semua pihak yang

membutuhkan.

Medan, November 2020

Tengku Aulia Pratama

iv

DAFTAR ISI

ABSTRAK...............................................................................................................i

ABSTRACT............................................................................................................ii

KATA PENGANTAR............................................................................................iii

DAFTAR ISI...........................................................................................................v

DAFTAR TABEL...................................................................................................x

DAFTAR GAMBAR.............................................................................................xi

BAB I PENDAHULUAN................................................................................1

1.1. Latar Belakang...............................................................................1

1.2. Identifikasi Masalah.......................................................................6

1.3. Batasan dan Rumusan Masalah......................................................6

1.3.1. Batasan Masalah...................................................................6

1.3.2. Rumusan Masalah.................................................................7

1.4. Tujuan Penelitian............................................................................7

1.5. Manfaat Penelitian..........................................................................8

BAB II TINJAUAN PUSTAKA.....................................................................10

2.1. Laporan Keuangan.......................................................................10

2.1.1. Definisi Laporan Keuangan................................................10

2.1.2. Tujuan Penyusunan Laporan Keuangan.............................11

2.1.3. Keterbatasan Laporan Keuangan........................................11

2.2. Kinerja Perusahaan.......................................................................12

2.2.1. Definisi Kinerja Perusahaan...............................................12

2.2.2. Tujuan Pengukuran Kinerja Perusahaan.............................14

v

2.2.3. Rasio-Rasio Pengukur Kinerja Perusahaan........................15

2.3. Nilai Perusahaan...........................................................................17

2.3.1. Definisi Nilai Perusahaan...................................................17

2.3.2. Pengukuran Nilai Perusahaan.............................................18

2.4. Penelitian Terdahulu.....................................................................19

2.5. Kerangka Konseptual...................................................................21

2.6. Hipotesis.......................................................................................23

BAB III METODE PENELITIAN.................................................................25

3.1. Jenis Penelitian.............................................................................25

3.2. Lokasi dan Waktu Penelitian........................................................25

3.2.1. Lokasi Penelitian................................................................25

3.2.2. Waktu Penelitian.................................................................25

3.3. Jenis dan Sumber Data.................................................................26

3.4. Populasi dan Sampel....................................................................26

3.4.1. Populasi..............................................................................26

3.4.2. Sampel................................................................................27

3.5. Definisi Operasional dan Variabel Penelitian...............................29

3.5.1. Variabel Bebas (Independent Variable)..............................29

3.5.2. Variabel Terikat (Dependent Variabel)...............................31

3.6. Jenis dan Teknik Pengumpulan Data............................................32

3.7. Uji Asumsi Klasik........................................................................32

3.7.1. Uji Normalitas....................................................................33

3.7.2. Uji Multikolonieritas..........................................................33

vi

3.7.3. Uji Autokorelasi..................................................................34

3.8. Analisis Regresi Linier Berganda.................................................35

3.9. Pengujian Hipotesis......................................................................35

3.9.1. Uji Signifikansi Simultan (Uji F).......................................36

3.9.2. Uji Signifikansi Parsial (Uji-t)............................................36

3.9.3. Uji Koefisien Determinasi (R2)...........................................37

BAB IV GAMBARAN UMUM INDUSTRI TEKSTIL DAN GARMEN DI BURSA EFEK INDONESIA......................................................38

4.1. Polychem Indonesia, Tbk.............................................................38

4.2. Argo Pantes, Tbk..........................................................................39

4.3. Trisula Textile Industries, Tbk......................................................40

4.4. Century Textile Industry, Tbk.......................................................40

4.5. Eratex Djaya, Tbk.........................................................................41

4.6. Ever Shine Tex, Tbk.....................................................................42

4.7. Panasia Indo Resources, Tbk........................................................42

4.8. Indo Rama Synthetic, Tbk............................................................43

4.9. Apac Citra Centertex, Tbk............................................................44

4.10. Pan Brothers, Tbk.......................................................................44

4.11. Ricky Putra Globalindo, Tbk......................................................45

4.12. Sri Rejeki Isman, Tbk.................................................................46

4.13. Sunson Textile Manufacturer, Tbk.............................................46

4.14. Star Petrochem, Tbk...................................................................47

4.15. Tifico Fiber Indonesia, Tbk........................................................48

vii

4.16. Trisula International, Tbk...........................................................48

4.17. Nusantara Inti Corpora, Tbk.......................................................49

BAB V HASIL PENELITIAN DAN EVALUASI........................................51

5.1. Hasil Penelitian............................................................................51

5.1.1. Hasil Perolehan Data..........................................................51

5.1.2. Hasil Analisis Deskriptif.....................................................54

5.1.3. Hasil Uji Asumsi Klasik.....................................................55

5.1.4. Hasil Regresi Linear Berganda...........................................57

5.1.5. Hasil Uji Hipotesis..............................................................59

5.2. Evaluasi........................................................................................61

5.2.1. Pengaruh Return On Asset (ROA) terhadap Price to Book Value (PBV) Perusahaan Industri Tekstil dan Garmen.......61

5.2.2. Pengaruh Return On Equity (ROE) terhadap Price to Book Value (PBV) Perusahaan Industri Tekstil dan Garmen.......62

5.2.3. Pengaruh Operating Profit Margin (OPM) terhadap Price to Book Value (PBV) Perusahaan Industri Tekstil dan Garmen...............................................................................63

5.2.4. Pengaruh Net Profit Margin (NPM) terhadap Price to Book Value (PBV) Perusahaan Industri Tekstil dan Garmen.......63

5.2.5. Pengaruh Return On Asset (ROA), Return On Equity (ROE), Operating Profit Margin (OPM), dan Net Profit Margin (NPM) terhadap Price to Book Value (PBV) Perusahaan Industri Tekstil dan Garmen............................64

BAB VI KESIMPULAN DAN SARAN..........................................................66

6.1. Kesimpulan...................................................................................66

6.2. Saran.............................................................................................67

viii

DAFTAR PUSTAKA............................................................................................68

LAMPIRAN

ix

DAFTAR TABEL

Tabel I.1. Perusahaan Manufaktur yang Menunjukkan Fluktuasi Nilai Perusahaan Berdasarkan PBV, ROA ROE, OPM, dan NPM.....................................4

Tabel II.1. Penelitian Terdahulu.............................................................................19

Tabel III.1. Jadwal Penelitian.................................................................................26

Tabel III.2. Daftar Populasi Penelitian...................................................................27

Tabel III.3. Daftar Sampel Perusahaan...................................................................28

Tabel V.1. Hasil Pengumpulan Data.......................................................................51

Tabel V.2. Hasil Analisis Deskriptif.......................................................................54

Tabel V.3. Hasil Uji Normalitas.............................................................................56

Tabel V.4. Hasil Uji Multikolinearitas....................................................................56

Tabel V.5. Hasil Uji Autokorelasi...........................................................................57

Tabel V.6. Hasil Regresi Linear Berganda.............................................................58

Tabel V.7. Hasil Uji Signifikansi Simultan (Uji-F)................................................59

Tabel V.8. Hasil Uji Signifikansi Parsial (Uji-t).....................................................60

Tabel V.9. Hasil Koefisien Determinasi (R2)..........................................................61

x

DAFTAR GAMBAR

Tabel II.1. Kerangka Konseptual............................................................................23

xi

DAFTAR PUSTAKA

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Kasmir. 2016. Analisis Laporan Keuangan. Jakarta: PT. Rajagrafindo Persada.

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Larasati, T. 2018. Pengaruh Kinerja Keuangan Terhadap Nilai Perusahaan padaPerusahaan Manufaktur Sektor Barang Konsumsi yang Terdaftar di BursaEfek Indonesia Periode 2015-2017. E-Journal, Vol. 2(No. 1).

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Mulyadi. 2016. Manajemen Keuangan: Pendekatan Kuantitatif dan Kualitatif.Malang: Banyumedia.

Mulyadi, V. R. dan D. 2015. Kepemimpinan dan Perilaku Organisasi. Jakarta:PT. Rajagrafindo Persada.

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Nurnaningsih, E. 2019. Pengaruh Struktur Modal, Profitabilitas, PertumbuhanDan Kinerja Keuangan Terhadap Nilai Perusahaan Dengan KepemilikanManajerial Sebagai Variabel Moderasi Pada Perusahaan Manufaktur YangTerdaftar Di Bursa Efek Indonesia Periode 2014-2018. E-Journal, Vol.2(No. 2).

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No. Nama Perusahaan TahunRasio Keuangan

ROA ROE OPM NPM PBV1

Polychem Indonesia, Tbk.

2015 5,75% 9,02% 9,30% 7,77% 0,00011%2 2016 5,40% 8,38% 10,04% 7,35% 0,00017%3 2017 2,31% 3,61% 0,97% 2,71% 0,00035%4 2018 0,46% 0,54% 0,39% 0,37% 0,00058%5 2019 11,59% 14,24% 12,75% 12,68% 0,00039%6

Argo Pantes, Tbk.

2015 20,26% 41,29% 55,28% 48,35% 0,00374%7 2016 6,40% 26,34% 25,89% 18,36% 0,00333%8 2017 10,95% 14,91% 46,20% 32,36% 0,00441%9 2018 5,42% 5,98% 29,28% 15,45% 0,00492%

10 2019 4,43% 4,35% 39,85% 19,40% 0,00511%11

Trisula Textile Industries, Tbk.

2015 18,88% 85,91% 3,56% 14,79% 0,13161%12 2016 17,69% 86,14% 0,98% 13,85% 0,11845%13 2017 9,38% 35,06% 29,61% 7,16% 0,09607%14 2018 7,57% 35,99% 44,99% 7,56% 0,08227%15 2019 6,83% 35,18% 51,56% 7,04% 0,19186%16

Century Textile Industry, Tbk.

2015 10,02% 88,30% 67,59% 5,12% 3,52689%17 2016 19,26% 192,55% 62,17% 11,24% 2,83726%18 2017 10,20% 63,23% 39,77% 8,46% 1,20155%19 2018 10,37% 73,22% 29,58% 6,96% 1,09742%20 2019 15,07% 116,96% 26,94% 10,44% 0,72562%21

Eratex Djaya, Tbk.

2015 11,53% 35,66% 13,07% 8,83% 0,00112%22 2016 6,03% 15,88% 9,08% 4,50% 0,00165%23 2017 1,16% 3,83% 4,62% 0,96% 0,00105%24 2018 3,27% 11,94% 8,46% 3,08% 0,00091%25 2019 4,15% 13,67% 9,17% 3,01% 0,00119%26

Ever Shine Tex, Tbk.

2015 10,09% 44,04% 28,35% 15,51% 1,66682%27 2016 4,30% 13,16% 8,89% 6,04% 1,01147%28 2017 3,14% 13,14% 4,85% 5,51% 0,65833%29 2018 0,26% 1,00% 8,89% 0,45% 0,68731%30 2019 10,83% 4,92% 4,48% 2,21% 5,16671%

31

Panasia Indo Resources, Tbk.

2015 7,29% 25,48% 5,79% 25,38% 0,00723%32 2016 8,30% 33,40% 1,31% 23,89% 0,00666%33 2017 20,99% 253,96% 9,34% 65,49% 0,00730%34 2018 39,18% 168,94% 28,74% 43,54% 0,06277%35 2019 15,50% 93,61% 518,86% 784,62% 0,05340%36

Indo Rama Synthetic, Tbk.

2015 1,26% 3,59% 9,09% 1,48% 5,00000%37 2016 0,18% 0,53% 9,40% 0,22% 54,37500%38 2017 0,29% 0,81% 11,43% 0,30% 82,23684%39 2018 7,70% 17,88% 8,46% 7,43% 384,74026%40 2019 5,52% 11,18% 5,77% 5,42% 174,12587%41

Apac Citra Centertex, Tbk.

2015 11,49% 11,49% 4,81% 11,81% 12,23260%42 2016 9,08% 9,08% 3,81% 11,35% 17,56281%43 2017 3,83% 3,83% 1,58% 8,08% 18,47189%44 2018 0,38% 6,02% 0,62% 0,62% 0,01489%45 2019 0,38% 4,48% 0,76% 0,76% 0,00814%46

Pan Brothers, Tbk.

2015 2,53% 4,62% 11,70% 2,75% 0,80244%47 2016 1,94% 3,98% 12,80% 2,05% 0,54676%48 2017 2,56% 5,84% 13,53% 2,75% 0,54202%49 2018 1,36% 3,32% 13,94% 1,42% 0,50484%50 2019 2,81% 6,50% 13,30% 2,67% 0,48169%51

Ricky Putra Globalindo , Tbk.

2015 1,12% 3,37% 25,90% 1,21% 0,06984%52 2016 1,09% 3,40% 22,53% 1,15% 0,06290%53 2017 1,20% 3,85% 19,28% 1,03% 0,05744%54 2018 1,20% 4,15% 16,63% 0,88% 0,05606%55 2019 1,06% 3,77% 15,05% 0,80% 0,04939%56

Sri Rejeki Isman, Tbk.

2015 7,11% 20,11% 21,13% 8,82% 0,26136%57 2016 6,27% 17,93% 21,38% 8,73% 0,12780%58 2017 5,70% 15,39% 22,55% 8,96% 0,16766%59 2018 6,20% 16,38% 17,77% 8,18% 0,13811%60 2019 5,70% 15,39% 22,55% 8,96% 0,11383%61 2015 3,44% 10,52% 0,27% 4,42% 0,04213%62 2016 3,53% 8,99% 0,49% 4,90% 0,31285%

63 Sunson Textile Manufacturer, Tbk. 2017 2,99% 7,77% 1,06% 6,27% 0,27706%64 2018 2,17% 5,67% 2,86% 2,97% 0,42317%65 2019 1,92% 4,93% 3,85% 2,79% 0,54189%66

Star Petrochem, Tbk.

2015 4,22% 6,29% 17,04% 11,89% 0,03610%67 2016 4,19% 5,90% 22,53% 22,32% 0,04270%68 2017 3,41% 4,28% 21,17% 18,32% 0,08476%69 2018 2,73% 3,42% 17,71% 12,75% 0,07348%70 2019 1,21% 1,43% 19,86% 8,93% 0,13616%71

Tifico Fiber Indonesia, Tbk.

2015 0,32% 0,35% 1,62% 0,54% 150,00000%72 2016 1,55% 1,71% 4,30% 2,69% 167,21311%73 2017 1,81% 2,03% 5,53% 2,76% 125,39683%74 2018 0,31% 0,34% 2,63% 0,44% 109,01639%75 2019 1,59% 1,72% 1,06% 2,65% 84,18333%76

Trisula International, Tbk.

2015 11,84% 11,84% 6,84% 7,96% 0,27871%77 2016 7,32% 7,32% 5,32% 5,19% 0,28195%78 2017 6,13% 6,13% 2,82% 4,32% 0,30338%79 2018 7,52% 7,52% 4,01% 6,23% 0,10199%80 2019 8,02% 8,02% 4,32% 6,22% 0,12111%81

Nusantara Inti Corpora, Tbk.

2015 0,08% 0,16% 1,40% 0,33% 0,29713%82 2016 0,20% 0,35% 1,84% 0,83% 0,43767%83 2017 0,25% 0,43% 1,49% 1,03% 0,28144%84 2018 5,92% 10,10% 0,73% 24,01% 0,32354%85 2019 5,51% 9,34% 0,81% 21,31% 0,22679%

KeuanganLaba bersih Total Aset Ekuitas Laba Sebelum Pajak Penjualan Bersih Harga Saham Nilai Buku

24.161.214 420.010.232 267.767.695 28.922.199 310.873.522 89,00 79.801.94420.569.761 380.847.522 245.458.505 28.114.407 279.954.690 126,00 72.361.0298.637.865 374.110.303 239.591.879 3.096.496 318.584.810 246,00 71.080.9581.304.581 280.679.854 243.775.962 1.395.757 356.636.089 310,00 53.329.172

29.590.834 255.228.195 207.823.368 29.748.345 233.390.689 187,00 48.493.35723.531.220 116.157.533 56.991.258 26.905.935 48.669.832 825,00 22.069.9318.335.226 130.251.770 31.646.507 11.751.962 45.400.260 825,00 24.747.836

10.781.108 98.459.842 72.296.079 15.393.626 33.318.959 825,00 18.707.3704.790.107 88.323.888 80.074.538 9.079.650 31.006.096 825,00 16.781.5393.764.333 85.032.904 86.633.129 7.731.438 19.401.518 825,00 16.156.252158.580 839.800 184.588 38.230 1.072.502 210,00 159.562165.090 933.111 191.653 11.690 1.191.669 210,00 177.291107.958 1.150.487 307.946 446.129 1.506.777 210,00 218.593116.251 1.535.471 323.023 691.484 1.537.091 240,00 291.73997.464 1.426.488 277.053 714.326 1.385.322 520,00 271.03310.852 108.266 12.290 143.149 211.789 725,50 20.57126.794 139.126 13.915 148.173 238.345 750,00 26.43421.450 210.254 33.924 100.845 253.558 480,00 39.94823.481 226.368 32.070 99.776 337.334 472,00 43.01037.379 248.063 31.960 96.489 358.100 342,00 47.132

6.110.029 52.990.761 17.136.022 9.040.852 69.181.934 112,50 10.068.2453.175.793 52.658.997 20.001.283 6.408.523 70.555.051 165,00 10.005.209685.272 59.258.870 17.877.008 3.308.159 71.671.310 118,00 11.259.185

2.335.344 71.422.968 19.562.416 6.416.716 75.869.418 124,00 13.570.3642.599.633 62.585.854 19.014.816 7.915.190 86.361.445 142,00 11.891.312

5.736 56.837 13.024 10.485 36.980 180,00 10.7992.125 49.433 16.152 3.127 35.165 95,00 9.3921.934 61.559 14.713 1.702 35.125 77,00 11.696162 62.027 16.250 3.200 35.985 81,00 11.785662 6.112 13.457 1.338 29.894 60,00 1.161

355.659 4.878.368 1.395.962 81.214 1.401.541 67,00 926.890393.568 4.743.580 1.178.467 21.536 1.647.107 60,00 901.280847.049 4.035.086 333.535 120.756 1.293.364 56,00 766.666229.989 586.941 136.139 151.804 528.164 70,00 111.51965.673 423.791 70.157 43.429 8.370 43,00 80.520

10,1 802,0 281,0 62,0 682,0 760,00 15.2001,5 844,0 283,0 65,0 691,8 870,00 1.6002,3 800,0 284,0 88,9 777,9 1250,00 1.520

62,4 810,0 349,0 71,0 839,5 5925,00 1.54041,6 754,0 372,0 44,3 767,7 2490,00 1.430223 1.944 1.944 91 1.891 45,19 369147 1.620 1.620 49 1.297 54,05 308133 3.459 3.459 26 1.640 121,39 657

14.375 3.747.570 238.836 14.375 2.327.448 106,00 712.03813.983 3.686.259 311.778 13.983 1.846.733 57,00 700.3899300 367.300,0 201.400,0 39.600,0 338.500,0 560,00 69.7878600 442.800,0 215.900,0 53.600,0 418.600,0 460,00 84.132

13300 519.500,0 227.600,0 65.300,0 482.800,0 535,00 98.7057800 573.400,0 234.800,0 76.600,0 549.400,0 550,00 108.946

16300 579.100,0 250.600,0 81.300,0 611.400,0 530,00 110.02913.466 1.198.194 400.079 287.767,0 1.111.051,0 159,00 227.65714.033 1.288.684 412.499 275.149 1.221.519 154,00 244.85016.558 1.374.445 430.265 308.559 1.600.432 150,00 261.14518.480 1.539.602 444.909 350.472 2.107.868 164,00 292.52417.219 1.619.855 457.256 323.698 2.151.324 152,00 307.77255.664 783.347 276.741 133.415 631.343 389,00 148.83659.366 947.170 331.110 145.351 679.940 230,00 179.96268.035 1.192.901 442.159 171.271 759.350 380,00 226.65184.556 1.364.272 516.248 183.778 1.033.946 358,00 259.21268.035 1.192.901 442.159 171.271 759.350 258,00 226.65122.352 649.654 212.466 1.353 506.180 52,00 123.43421.393 605.643 237.940 2.144 436.691 360,00 115.072

21.551 721.863 277.222 3.642 343.843 380,00 137.15412.198 562.174 215.250 11.736 410.245 452,00 106.8139.883 514.766 200.349 13.639 354.114 530,00 97.806

30.794 729.021 489.676 44.134 258.967 50,00 138.51428.894 690.187 490.026 29.173 129.481 56,00 131.13620.975 614.705 490.282 24.236 114.496 99,00 116.79416.804 615.956 491.355 23.343 131.833 86,00 117.0327.014 579.813 490.019 15.592 78.513 150,00 110.164

1 315 285 3 185 900,00 6005 322 292 8 186 1020,00 6106 331 295 12 217 790,00 6301 322 294 6 228 665,00 6105 314 290 2 189 505,10 600

68.393 577.786 577.786 58.813 859.743 305,97 109.77946.830 639.701 639.701 47.947 901.909 342,69 121.54333.409 544.968 544.968 21.834 773.807 314,13 103.54487.083 1.157.884 1.157.884 56.044 1.396.784 224,38 219.99891.968 1.147.246 1.147.246 63.949 1.478.735 264,00 217.977

386 460.539 242.974 1.661 118.260 260,00 87.502861 432.913 244.022 1.915 104.110 360,00 82.253

1.062 426.385 245.258 1.539 103.245 228,00 81.01324.846 419.702 245.948 754 103.498 258,00 79.74323.037 417.735 246.734 873 108.096 180,00 79.370

REGRESSION /MISSING LISTWISE

/STATISTICS COEFF OUTS R ANOVA COLLIN TOL

/CRITERIA=PIN(.05) POUT(.10)

/NOORIGIN

/DEPENDENT VAR00005

/METHOD=ENTER VAR00001 VAR00002 VAR00003 VAR00004

/RESIDUALS DURBIN

/SAVE RESID.

Regression

Notes

Output Created

Comments

Input Active Dataset

Filter

Weight

Split File

N of Rows in Working Data File

Missing Value Handling Definition of Missing

Cases Used

Syntax

Resources Processor Time

Elapsed Time

03-NOV-2020 14:55:24

DataSet0

<none>

<none>

<none>

85

User-defined missing values are treated as missing.

Statistics are based on cases with no missing values for any variable used.

REGRESSION /MISSING LISTWISE /STATISTICS COEFF OUTS R ANOVA COLLIN TOL /CRITERIA=PIN(.05) POUT(.10) /NOORIGIN /DEPENDENT VAR00005 /METHOD=ENTER VAR00001 VAR00002 VAR00003 VAR00004 /RESIDUALS DURBIN /SAVE RESID.

00:00:00,02

00:00:00,08

4112 bytes

Page 1

NotesResources

Memory Required

Additional Memory Required for Residual Plots

Variables Created or Modified

RES_1

4112 bytes

0 bytes

Unstandardized Residual

Variables Entered/Removeda

ModelVariables Entered

Variables Removed Method

1 NPM, ROE, OPM, ROAb

. Enter

Dependent Variable: PBVa.

All requested variables entered.b.

Model Summaryb

Model R R SquareAdjusted R

SquareStd. Error of the

Estimate

1 ,218a ,348 ,332 ,36858

Predictors: (Constant), NPM, ROE, OPM, ROAa.

Dependent Variable: PBVb.

ANOVAa

ModelSum of Squares df Mean Square F Sig.

1 Regression

Residual

Total

,544 4 ,136 3,025 ,012b

10,868 80 ,136

11,412 84


Predictors: (Constant), NPM, ROE, OPM, ROAb.

Page 2

Coefficientsa

Model

Unstandardized CoefficientsStandardized Coefficients

t Sig.B Std. Error Beta

1 (Constant)

ROA

ROE

OPM

NPM

,321 ,100 3,217 ,002

,301 ,671 -,095 2,449 ,005 ,266

,091 ,252 -,075 2,359 ,020 ,271

,126 ,230 -,096 2,546 ,086 ,386

,006 ,216 ,005 2,026 ,079 ,351

Coefficientsa

Model

Collinearity Statistics

Tolerance VIF

1 (Constant)

ROA

ROE

OPM

NPM

,266 3,756

,271 3,684

,386 2,588

,351 2,850


Collinearity Diagnosticsa

Model Dimension Eigenvalue Condition Index

Variance Proportions

(Constant) ROA ROE OPM

1 1

2

3

4

5

4,225 1,000 ,01 ,00 ,01 ,01 ,01

,401 3,248 ,08 ,02 ,02 ,07 ,20

,235 4,241 ,31 ,01 ,19 ,05 ,01

,105 6,355 ,05 ,03 ,08 ,70 ,62

,035 10,929 ,55 ,94 ,71 ,17 ,16

Collinearity Diagnosticsa

Model Dimension

Variance ...

NPM

1 1

2

3

4

5

,01

,20

,01

,62

,16


Page 3

Residuals Statisticsa

Minimum Maximum Mean Std. Deviation N

Predicted Value

Residual

Std. Predicted Value

Std. Residual

-,1549 ,2936 ,1781 ,08044 85

-,28635 1,79627 ,00000 ,35970 85

-4,139 1,435 ,000 1,000 85

-,777 4,873 ,000 ,976 85


Page 4

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