Oil Palm Plantation Companies Research Articles

Pertanggungjawaban Pidana Korporasi yang Melakukan Praktik Perbudakan Terhadap Buruh

The case of slavery practices involving workers at the oil palm plantation company, raises questions about corporate criminal responsibility. The case was revealed after the police received information about workers being held captive and abused at the company. The results of the investigation showed that five casual daily workers were victims of abuse by unscrupulous employees, who also threatened and fired air soft guns. The five victims were then taken to the company hall to be further abused by the suspects. The police named six suspects, including a legislative candidate, who were involved in this case. The investigation also revealed that dozens of workers had experienced inhumane treatment, which resulted in them asking the police for help. This practice of violence has fulfilled criminal elements, so that the perpetrators were charged with various criminal articles, including Article 170, Article 333, Article 335, and Article 351 of the Criminal Code, as well as Article 2 of the Law on the Eradication of the Crime of Trafficking in Persons. Acts of abuse committed by companies and employees against workers show the need for corporate criminal accountability in cases of human rights violations and violence against workers. Strict prevention and law enforcement efforts are needed to protect workers' rights and prevent the recurrence of these harmful practices in the future.

The implementation of Occupational Health and Safety (OHS) program on employee working conditions in the harvesting unit of PT Sewangi Sejati Luhur

PT. Sewangi Sejati Luhur, a palm oil plantation company, manages 7,000 hectares divided into 12 divisions across 3 estates. The company primarily focuses on cultivating and processing Fresh Fruit Bunches (FFB), with the harvesting unit employing the most workers. This research aims to investigate the implementation of the Occupational Health and Safety (OHS) program within the harvesting unit at PT Sewangi Sejati Luhur, designed to prevent work accidents and occupational diseases. Conducted in Tapung Hulu Subdistrict, Kampar Regency, Riau Province, the study employs a quantitative descriptive method using the HIRARC method to assess OHS application and employee working conditions. A saturated sample of 30 harvesting employees was surveyed through interviews and documentation of the OHS program. The findings reveal that the OHS program includes periodic health exams, OHS awareness campaigns, monthly activities, and training sessions. The program's implementation has led to low accident rates and satisfactory achievement of goals. Correlation analysis shows a significant link between OHS program implementation and improved employee working conditions. Additionally, 82% of respondents reported that the OHS program significantly influenced their working conditions, while 18% cited other factors. Overall, the OHS program in PT Sewangi Sejati Luhur's harvesting unit has been effective, ensuring a low accident rate and meeting monthly targets.

Pendampingan Kewirausahaan Desa Berbasis Agro Industri Kelapa Sawit di Desa Bulian Jaya

Bulian Jaya Village is an extra-transmigration village of the Bulian I Transmigration Settlement Unit (UPT) under the guidance of the Transmigration Department which was a Central Government program in 1992, this village is an oil palm plantation village. Apart from having extensive oil palm plantation land, in Bulian Jaya Village there is also an oil palm plantation company, namely PT. Inti Indosawit Subur Kebun Muara Bulian. In general, Bulian Jaya Village is a hilly highland area with very extensive plantations. As an independent village that has potential in the field of oil palm plantations, Bulian Jaya Village has many opportunities to improve the economy and welfare of its community through utilizing the potential of existing plantations. This condition makes it very possible to develop entrepreneurship based on the oil palm agro-industry as the main potential possessed by the village. Through this mentoring activity, it is hoped that village entrepreneurship will be formed based on the palm oil agro-industry

Pengaruh Keberadaan Perkebunan Kelapa Sawit PT. Sapta Karya Damai terhadap Kondisi Sosial Ekonomi Masyarakat Desa Natai Baru, Kecamatan Metaya Hilir Utara, Kabupaten Kotawaringin Timur

The existence of oil palm plantation companies cannot be denied to have an influence on the surrounding community, this influence can be in the form of positive and negative impacts. Vice versa, the views or actions of the community around the company can affect the sustainability of a company in a particular area. How does the existence of PT Sapta Karya Damai's oil palm plantation affect the socio-economic conditions of the community in Natai Baru Village, Utara Mentaya Hilir District, Timur Kotawaringin Regency. The method used in the research is the Mix Method method is a research method that combines quantitative methods with qualitative methods to be used together in a research activity. Social Conditions, before the existence of oil palm plantations (PT. Sapta Karya Damai) the education level of respondents in Natai Baru Village was low. But along with the company, the level of children's education is classified as good because there are already supporting facilities and infrastructure. Community leadership and participation in organizational membership in Natai Baru Village is good, because there are several people who participate. It can also be seen from changes in Economic Conditions, the existence of oil palm plantations in Natai Baru Village not only opens up employment opportunities, but has a direct influence on the income of people who work in oil palm plantations. The fixed income obtained by the community is of course very helpful for people's lives, such as increasing community income and fulfilling their life needs. Not only that, the community also has ownership of valuable assets such as private house ownership, ownership of motor vehicles and cars and most of the community already owns electronic assets.

Role of Organizational Culture in Predicting Work Performance on Company Performance of Palm Oil Companies in Indonesia

This study examines the relationship between organizational culture and work performance through the competence of managers in palm oil companies in Indonesia. The sample of this study were all managers of private oil palm plantation companies, so the number of samples studied was 100 respondents, and data analysis techniques using analysis with Partial Least Square (PLS). The results of the study that external adaptation gives a positive and significant impact on work performance, external adaptation gives a positive and significant impact on company performance internal integration does not give a positive and insignificant impact on Work performance Internal Integration (X2) does not give a positive and significant impact on the Company Performance, Basic Assumptions (X3) give a positive and significant impression on Work performance (Z1), Basic Assumptions (X3) do not give an impression positive and not significant to the Company Performance (Y), Self-Esteem (Z2) gives a positive and significant impression to the Company Performance Work performance as a gap modifier has a positive and significant effect in showing the effect of External Adaptation on the Company Performance , Work performance (Z1) as a gap modifier does not give a positive effect and is not significant in showing the effect of Internal Integration on Company Performance (Y), Work performance as a modifier of the gap has a positive and significant effect in showing the impression of the Basic Assumptions on Company Performance, Self-Esteem (Z2) as a simplification of does not have a positive and insignificant impression of the Company Performance.

Analysis of Accounting Information System for Raw Material Inventory at PT. Smart Tbk. Padang Halaban

The Accounting Information System (AIS) is a vital component in providing financial and accounting data, along with information related to daily accounting transactions. This research focuses on evaluating the effectiveness of AIS using ERP-SAP in managing raw material inventory and supporting production efficiency at PT. Smart Tbk. Padang Halaban, a palm oil plantation company. The qualitative descriptive method was employed to gather data through literature review, interviews, and direct observations. The results of the study indicate that the implementation of AIS using ERP-SAP has improved the standard of financial reporting, meeting the required qualitative criteria. However, limitations exist in the AIS application, particularly regarding suboptimal raw material inventory tracking and integration issues between different systems, such as inventory and accounting systems, leading to data discrepancies. The conclusion drawn from this research highlights the necessity for adjustments, developments, and improvements in AIS features to meet the specific company requirements. The implications of these findings emphasize the importance of continuously optimizing AIS to support more efficient and accurate business processes, while adapting to technological advancements and company needs.

Analisis Pengaruh Harga Minyak Kelapa Sawit (CPO), Inflasi, Kurs Dan Suku Bunga Terhadap Harga Saham (Studi Empiris Pada Perusahaan Crude Palm Oil Di BEI Periode 2017-2021)

The purpose of this study was to analyze how the effect of crude palm oil prices, inflation rates, exchange rates and interest rates on stock prices in oil palm plantation companies listed on the Indonesia Stock Exchange for the period 2017-2021. The results of this study are expected to contribute in addition to researchers, practitioners and investors in helping them to make decisions, whether to sell, buy or hold their shares. The data used is secondary data in the form of annual reports of each issuer and statistical publications from the Indonesia Stock Exchange, Bank Indonesia and IndexMundi from 2017 to 2021. The sampling technique is purposive sampling with certain criteria. A sample of 10 Palm Oil Plantation (CPO) companies listed on the IDX during the observation period 2017-2021 was obtained. The analysis technique used is panel data regression analysis. The hypothesis was tested using t statistics to test the significance of the regression coefficient partially at a significance level of 95%. From the test results, all independent variables, namely palm oil prices, inflation, exchange rates, and interest rates, have an effect on stock prices in palm oil-producing plantation companies listed on the IDX in 2017-2021. Keywords: Palm Oil Prices (CPO), Inflation, Exchange Rates, Interest Rates and Stock Prices

Is the Borneo Palm Oil Plantation Company Categorized in Investment Grade?

This study aims to identify which oil palm plantations in the Kalimantan region are currently entering the replanting stage and which are rated as "investment grade" by Moody's. It also aims to determine how to invest in oil palm plantations that are currently classified as "investment grade" and/or can raise the notch rating through Moody's. Using a case study methodology, this research is qualitative in nature. Purposive sampling was used in this study's participant selection process, and secondary data sources were used to gather data. Moody's rating analysis is the type of data analysis used in this study. To obtain values for the historical ratio assessment and balance sheet factor variables, a spreading assessment of the company's financial statements for the previous three years is conducted. Additionally, an assessment of the industry/market, company, and management variables is conducted, with data for these variables coming from both internal and external companies. financial reports as well as sales reports, annual reports, legality of production reports, and other supporting documentation. Following input and comprehensive study, an assessment of "B1" with a risk category of "Medium Risk" is the result. Plantation enterprises in Kalimantan that engage in replanting are therefore categorized as investment grade or suitable for investment. Some adjustments must be made for the investment level to either minimally rise or fall into the "Low Risk" category to draw in investors

Implementation of environmental policies by six oil palm plantation companies in South Sumatra

South Sumatra Province, situated in Indonesia, ranks as the sixth-largest palm oil producer in the country, boasting an extensive plantation area of 1.2 million hectares. Unfortunately, the province has faced significant environmental challenges in recent times due to inadequate environmental management and recurring forest fires. These issues have resulted in adverse effects on the local ecosystem. Consequently, it becomes crucial to conduct a gap analysis of the existing environmental policies and their implementation by oil palm plantation companies operating in South Sumatra Province. The objective of this research is to assess the environmental management practices of companies operating in the oil palm industry in South Sumatra Province, specifically focusing on their adherence to the Indonesia Sustainable Oil Palm (ISPO) criteria. The study aims to evaluate how effectively these companies have implemented environmental policies and identify any disparities or gaps that may exist between the policies and their actual implementation. To achieve this, the research employs a regulatory gap analysis method. The oil palm plantation company in South Sumatra Province has met 105 out of the 126 environmental indicators specified in the ISPO criteria. In general, the implementation of environmental policies on these plantations has achieved an 85% score, indicating a successful fulfillment of the policies outlined by Indonesia Sustainable Palm Oil (ISPO). The relatively low gap value of 0.15 further confirms this success, signifying that the environmental policies have been effectively and adequately implemented in accordance with ISPO’s guideline..

Analysis Of The Implementation Of Corporate Social And Environmental Responsibility In Kembang Janggut District East Kalimantan

PT. REA Kaltim Plantations is a large-scale oil palm plantation company in Kembang Janggut District, East Kalimantan. This research aims to analyze the implementation of social and environmental responsibility (TJSL) by companies, with a focus on environmental aspects. The problem formulation in this research is how to implement social and environmental responsibility (TJSL) at PT. REA Kaltim Plantations which is environmentally based and what obstacles the company faces in TJSL at PT. REA Kaltim Plantations in its implementation. This research uses empirical research methods using a qualitative approach. The results of research and discussions show that the company has implemented programs related to TJSL, but the achievements are considered not optimal. Some notes of improvement include, among others, the effectiveness of the program in empowering communities, reporting transparency, and active participation in building local sustainability. Companies also face challenges such as the complexity of community needs and environmental dynamics. The conclusion of this research is that companies need to improve TJSL implementation in order to make a greater contribution to sustainable development and welfare of local communities. Recommendations are given to improve the quality and sustainability of the TJSL program by the company.

Tergerusnya kearifan lokal orang Mapur di tengah ekspansi Perkebunan Kelapa Sawit PT. GPL di Dusun Air Abik, Kabupaten Bangka

This research was conducted with the aim of explaining the erosion of local wisdom among the Mapur people in the utilization of forests amidst the expansion of oil palm plantations by PT. GPL in the Air Abik Hamlet, Bangka Regency. The research used a qualitative descriptive approach. The data collection process was carried out through interviews, observations, documentation, and various secondary data sources, including official documents, mass media reports, scientific articles, books, papers, and previous research reports discussing the Mapur community. The results of this research indicate that since the era of regional autonomy, the local wisdom possessed by the Mapur people has been disrupted due to the presence of oil palm plantation companies, predominantly PT. GPL, expanding land, especially in the Mapur people's customary forests. This expansion, whether realized or not, has taken over most of the customary forest land that has been guarded and preserved for their livelihoods. In addition, the knowledge held by this community about environmental conservation, including the use of natural medicines, codes of conduct, traditional rituals (beume), nujuh jerami, as well as local wisdom about forest utilization, is also gradually eroded along with their existence. The loss of these traditions and local wisdom also means the loss of the identity of the Mapur people, who are the oldest Malay tribe on Bangka Island, living in harmony and wisdom with nature.

Proses Terjadinya Sengketa antara Desa Pakan Dalam dengan Desa Paramaian Kecamatan Daha Utara Kabupaten Hulu Sungai Selatan, 2009-2021

The land boundary dispute between Pakan Dalam Village and Paramaian Village was triggered duet o the issuance of an Oil Palm Plantation Right to use permit in Hulu Sungai Selatan Regency and occurred duet o the issuance of a Certificate of Land Ownership unilaterally by Paramaian Village on existing lands in Pakan Dalam Village and cause changes in the image on the map in the Central Bureau of Statistics book of Hulu Sungai Selatan Regency in 2009. The purpose of this study is to explain the process of dispute occurrence starting from the pre-conflict, confrontation, crisis, and post conflict periods from 2009-2021. This research uses the Historical Method which in writing goes through the heuristic stage, data is collected from interviews nd documents. Criticism is made to find out the veracity of the data. Interpretation is carried out to analyze the data. The las tis historiography, which is to write systematically based on chronological narratives. The results of the study, in 2009 were shown by changes in map image, in 2016 the Pakan Dalam Village goverment sent a letter to the Central Bureau of Statistics of Hulu Sungai Selatan Regency, in 2017 the peak of the dispute problem, in 2020 the problem began to subside, and in 2021 there was a peace agreement at the Daha Utara Subdistrict Office. The conclusion is the dispute occurred because of the existence of an Oil Palm Plantation Company, the dispute began in 2009 and ended in 2021 with an agreement to make village pegs at each coordinate point of each village.

Analysis and Optimization of Telkomsel Coverage Signals for the London Sumatra Plantation Company

With the advancement of plantations in South Sumatra in particular and Indonesia in general. So, there is a lot of opening up of new plantation land, be it oil palm, rubber and other plantations. Therefore, Telkomsel is always at the forefront by adding new BTS (Base Transceiver Station). Telkomsel always provides comfort to its users to continue trying to maintain signal stability so that customers continue to experience satisfactory results. One of them is the London Sumatra Plantation Company, an oil palm plantation company located in Musi Banyuasin Regency. The checks in this research used the Drive test method using TEMS Investigation 11.0.1. At the beginning of checking the location, the BTS that covered the London Sumatra Group Plantation Company building was BinaKahuripan, a distance of ± 10KM, while apart from this BTS there was a BTS that was closer, namely SungaiKubu, ± 6KM. After analysis, the reason why the SungaiKubu BTS is not dominant is because the antenna direction is not pointing towards the London Sumatra Group location, which causes the dominant BTS to be BinaKahuripan. So, from the results of this analysis, a solution was produced, namely Reorienting the SungaiKubu BTS antenna from Directional. Previously 330º was changed to 355º as well as for mechanical & electrical from 2 & 3, changed to all 1. From the results of the antenna reorientation, the SungaiKubu BTS has become more dominant. Checks were carried out in 2 positions, namely Position 1 and Position 2. The results of the checks produced an average Rx Level value for Position 1 before the antenna reorientation was -94.4 dBm while after the antenna reorientation was -81 dBm. The average Rx Quality value before the antenna reorientation was 3.8 while after the antenna reorientation was 2. The results of checking the average Rx Level for Position 2 before the antenna reorientation was -89 dBm while after the antenna reorientation was -81 dBm. The average Rx Quality value before antenna reorientation was 4.9 while after antenna reorientation was 2.

Analisis Pengaruh Harga CPO, Tingkat Inflasi Dan Nilai Tukar Rupiah Terhadap Harga Saham Perusahaan Sub Sektor Perkebunan Kelapa Sawit Tahun 2017-2021

This research aims to determine the influence of CPO prices, inflation rates and the Rupiah exchange rate on share prices of companies in the palm oil plantation sub-sector listed on the Indonesia Stock Exchange in 2017-2021. The type of research used is quantitative research with the data source used is secondary data. The sample in this research was 12 oil palm plantation companies using a purposive sampling technique, namely a sampling technique that sets certain criteria. This research uses panel data regression with the selected model, namely the random effect model. The classical assumption tests used include normality tests and multicollinearity tests with t-statistic hypothesis tests, F-statistics and coefficient of determination. The partial research results show that CPO prices have a significant effect on stock prices, the inflation rate has a significant effect on stock prices and the rupiah exchange rate has a significant effect. Meanwhile, the research results simultaneously show that CPO prices, inflation rates and the rupiah exchange rate have a significant effect on stock prices.

Implementasi PSAK 65 pada Laporan Keuangan Konsolidasi PT Astra Agro Lestari Tbk dan Entitas Anak

Companies face the challenge of achieving goals and objectives with effective, efficient and risk-free operations. One strategy that is commonly used is opening new branches or establishing new branches. This research focuses on PT Astra Agro Lestari Tbk, an oil palm plantation company, and investigates the implementation of PSAK 65 in preparing consolidated financial statements. PSAK 65 is important for recording transactions during the consolidation process, recognizing subsidiary profits, and preparing financial reports according to general accounting standards. This study involves comparisons with previous research, such as the implementation of PSAK 65 by PT Telkom Indonesia Tbk. This research aims to provide further understanding of PT Astra Agro Lestari Tbk's consolidated accounting practices and compliance with these standards.

Pengaruh Struktur Modal, Harga Komoditas, Dan Harga Saham Terhadap Kinerja Keuangan Perusahaan (Studi Empiris Pada Perusahaan Perkebunan Kelapa Sawit Yang Terdaftar Di Bursa Efek Indonesia Periode 2018-2022)

This study aims to analyze the Effect of Capital Structure, Commodity Prices, and Stock Prices on Company Financial Performance (Empirical Study on Palm Oil Plantation Companies Listed on the Indonesia Stock Exchange for the Period 2018-2022). This study uses a quantitative descriptive approach using secondary data obtained from the company's published financial statements. The research population was conducted at oil palm plantation companies listed on the Indonesia Stock Exchange for the period 2018-2022. Based on purposive sampling, a sample of 6 companies was obtained. The results showed that capital structure and commodity prices affect the company's financial performance. While stock prices have no effect on the financial performance of oil palm plantation companies. This study provides further understanding of the factors that can affect the financial performance of oil palm plantation companies in Indonesia. The results of this study can be used as a reference for companies in making decisions related to capital structure, commodity prices, and stock prices.
 Keywords: Capital Structure, Commodity Price, Stock Price, Corporate Financial Performance

Impact of Palm Oil Plantation on the Community Well-Being in Langgikima District Konawe Utara Regency: Structural Equation Modeling Analysis Partial Least Square (PLS) Approach

Enterprises in the oil palm plantation industry may be anticipated to influence community welfare since North Konawe Regency can contribute to regional development and community welfare due to its highly fertile plantation land. This study examines the impact of oil palm plantations on people's welfare in Langgikima Districts, North Konawe Regency. This research was carried out in February 2022, using a survey method with 150 respondents who felt a direct impact from the activities of oil palm plantation companies. The two critical factors examined are the activity of oil palm farms and community well-being. The data is processed using SEM (Structural Equation Modeling) analysis operated through the SMART PLS program. The study results show that the impact of oil palm plantations on the welfare of the people of North Konawe Regency has a significant and positive relationship, with the strength of the relationship being in the weak category. This means that the more economical, social, and environmental empowerment activities from the oil palm plantation business, the more it supports improving community well-being. The existence of oil palm plantations has had an impact on social well-being, economic well-being, and environmental well-being.

How External Adaptation, Internal Integration, and Basic Assumptions Affect the Performance of Indonesian Palm Oil Companies

The point of this study is to look into and try how organisational culture can be used to predict how well a palm oil company in Indonesia will do. It is a quantitative type of field study that is being used. Using purposive sampling, the population and group for this study were all managers of private oil palm plantation companies. There were 103 people in total, so 100 respondents were studied, and a Likert scale was used to measure them. The method for analysing the data uses both descriptive and proof analysis, along with the Partial Least Square (PLS) method and Smart PLS software. The study shows that external adaptation has a big and positive effect on how well people do their jobs. Adapting to changes outside the company has a positive and significant effect on its performance. On the other hand, integrating within the company does not have a positive and significant effect on overall work performance. and have a big impact on how well the company does, It is true that basic beliefs have a positive and significant effect on work performance, but they don't have any positive or significant effect on company performance. Additionally, work performance has a positive and significant effect on company performance.

The Way of Life and Ecological Thinking of the Jambu Baru Community as a Foundation for Sustainable Peatland Management

The existence, ecological thinking, and livelihood of local communities are often ignored in the management of peatlands for economic and protection purposes. This research aims to examine the way of life and ecological thinking of peat communities from a sustainable development perspective. The approach used is qualitative and type of case study research. Data was collected through participant observation, in-depth interviews, and documentation. Data were analyzed using the Miles and Huberman interactive model. The research found that the management of the natural resources of the peat ecosystem is the economic foundation of the community in Jambu Baru Village, which is manifested through various economic activities. The management is carried out to avoid the conversion of the peat ecosystem so that the condition of the peat ecosystem in the Jambu Baru Village area is still maintained and 93.69% of them still have high vegetation. Furthermore, the community moved collectively to reject the expansion of oil palm plantation companies targeting peatlands in Jambu Baru Village. Ecological thinking that exists in society is a manifestation of the sustainable development concept, which carries three dimensions of interest, namely ecological sustainability, social development, and economic development. Communities can realize these three dimensions of interest proportionally, and prove that peatlands are not marginal lands. Simply by managing the sources of life provided by the peat ecosystem with a sustainable approach, quality of life and intergenerational justice can be realized. Thus, strengthening the livelihoods of local communities is an approach that must be promoted to realize sustainable peatland management.

The roles of high conservation value area to support biodiversity conservation in Indonesia

Oil palm plantations are often considered as one of the causes of the decline in biodiversity. Conversion of forest land to oil palm is the main factor. However, legally, land conversion can be carried out and oil palm plantation companies have also protected areas that have high conservation value, including important animal habitats. The purpose of this study is to assess the role of high conservation value areas in the conservation of biodiversity. The study was conducted on several oil palm plantations in Indonesia by conducting a literature review of high conservation value documents on several oil palm plantation companies. High conservation value areas in oil palm plantations are determined based on the presence of endangered and protected animals such as proboscis monkeys and orangutans. With the stipulation of the area as a HCV area, the presence of these animals becomes more concerned because the company has the responsibility to monitor the presence of these animals. In addition, the company also conducts socialization to the community and workers to take care of these animals. The existence of the HCV area also indirectly supports the government’s program in this case is the establishment of an Essential Ecosystem Area that functions to protect important animals outside the conservation area.