Oil Palm Plantation Companies Research Articles

Hibernation of the Village Law in Large-Scale Palm Oil Plantations: A Case Study of Oil Palm Expansion in Sintang District, West Kalimantan

This paper seeks to present the results of testing the implementation of the Village Law in villages covered by large-scale oil palm plantations. The socio-economic and political dynamics of villages with oil palm are in stark contrast to villages that are relatively free from the circle of the plantation capitalist system. This research examines it by focusing on the study of customary land acquisition practices and partnerships between smallholders and oil palm plantation companies in the Sintang District. Qualitative research using a case study approach which is the basis for writing this paper found that the Village Law, which many people hoped would free villages from the threats of the industrialization of forests and oil palm plantations, in fact, could not do much or, in the author's language, the Village Law was in hibernation.

ISPO Policy on Palm Oil Industry and Biodiesel Development in North Aceh

The total area of oil palm plantations in Aceh Utara Regency is 33,781.64 hectares, managed and operated by 11 oil palm plantation companies. In accordance with the Regulation of the Minister of Agriculture Number 11/Permentan/Ot.140/3/2015 regarding the Indonesian Sustainable Palm Oil Certification System (ISPO), the Government of Aceh Utara Regency has formulated a vision for the palm oil industry within its jurisdiction. This vision is centered around sustainability and its influence on the growth of the biodiesel sector in Aceh Utara Regency. To achieve this, the government encourages the palm oil industry to adopt ISPO certification. This research aims to analyze and describe the challenges, roles, and initiatives undertaken by the Government in Aceh Utara Regency to promote ISPO certification within the palm oil industry. The research employs an empirical juridical approach, encompassing the identification of research subjects, a statutory analysis, and horizontal and vertical synchronization methodologies to address the implementation of ISPO certification. The results of study reveal that the Government of Aceh Utara Regency has actively motivated palm oil plantation entrepreneurs to swiftly pursue ISPO certification. The government has established a dedicated team and allocated funds to expedite the implementation of ISPO.

The Effect of Dividend Policy, Liquidity, Profitability and Company Size on Debt Policy through Financial Performance in Palm Oil Plantation Listed Companies

The contribution of the plantation subsector to the national economy is increasing and can strengthen economic development. This study aimed to determine the effect of dividend policy, liquidity, profitability, and company size on debt policy with financial performance as an intervening variable in oil palm plantation companies listed on the Indonesia Stock Exchange in 2017-2021. This study uses an experimental approach through a quantitative technique. The total population was 27 companies. The number of samples was 75 observations. Data sources on secondary data by collecting panel data were carried out on the Eviews application with descriptive statistical tests, panel data analysis, panel data regression estimation, hypothesis testing, and path analysis. The research results showed that the dividend policy, liquidity, and profitability significantly affected debt policy. Besides that, firm size has no significant effect on debt policy. Financial performance as an intervening variable had a significant effect on debt policy. Dividend policy, liquidity, and profitability significantly affected financial performance as intervening variables. Also, firm size had no significant effect through financial performance as an intervening variable. Dividend policy, liquidity, and profitability significantly affected debt policy through financial performance as intervening variables. Meanwhile, firm size significantly affected debt policy through financial performance as an intervening variable.

Reaksi Pasar atas Pengumuman Larangan Ekspor Crude Palm Oil dan Produk Turunannya

This research aims to determine the reaction of capital market investors to the announcement of a ban on the export of Crude Palm Oil (CPO) and its derivative products. This research uses an event study approach for 7 days of observation in 2022. Market reactions in this research are measured using Cumulative Abnormal Return (CAR). The population of this research is oil palm plantation companies listed on the Indonesia Stock Exchange in 2022. The sampling method uses a purposive sampling technique. The number of samples obtained was 20 companies. This research uses one sample t-test data analysis techniques. The results of data analysis show that investors in palm oil plantation companies reacted negatively to the announcement of a ban on exports of CPO and its derivative products. This proves that investors pay attention to external events that can influence company performance.
 Keywords: Market Reaction; Event Study; Abnormal Return; CPO Export Ban

The Contribution of Investment to the Government and Local Communities in the Kampar Regency Riau

Background. This study was conducted to analyze and assess the barriers in the implementation of oil palm plantation contributions to the government and local communities in Kampar Regency, Riau. Purpose. The samples of this research are oil palm plantation companies and local communities located in Kampar Regency, Riau. Method. n its discussion, the researcher uses a normative juridical approach, the normative juridical approach used in this research is an approach through positive law, namely positive legal rules to find the legality of the data used is secondary data where journals, articles, books, reviews, papers, and others become the main source in this research. Results. The results of this study indicate that 1) the analysis of the contribution of development in the field of capitalization of oil palm plantations by plantation companies to the government and society has not been significant to economic growth. 2) the implementation of oil palm companies towards the government and the people of Kampar Regency, Riau is a different understanding and implementation in perceiving the law, the effectiveness of the budget year is still lacking, the budget is not absorbed, and employment is not absorbed. Conclusion. In addition, field research can also be used as a complement, namely interviews supported by primary data.

Development of Measuring System using CSI on ITIL V3 for Improvement at Oil Palm Plantation Company

Many information technology services firms now offer services and consider software availability to be a critical component of achieving excellence and competing in the industry. The most crucial factor for customers is the quality of service, consumer needs, the state of the organization/company, and the present market should all be considered when improving their service. In this study, an ITSM analysis will be carried out at an oil palm plantation company based in West Kalimantan Province using ITIL framework V3 by focusing on continual service improvement, which largely relies on service measurement because a process must be measurable to be regulated and improved. To achieve continuous service improvement (CSI) throughout the service life cycle, we use the 7-step process to improve is used to establish and take care of the stages involved in identifying, defining, collecting, processing, analyzing, presenting, and implementing changes. The result of this analysis is CSF and KPI analysis that produce metrics, such as the average resolution time, the percentage of events allocated more than once, and the initial response time, then create a measurement system that is in accordance with the needs and can be used as a reference for the company's system assessment.

Penentuan Dosis Pupuk Berdasarkan Data Tonase Tandan Buah Segar (TBS) pada Perkebunan Kelapa Sawit

The productivity of Fresh Fruit Bunch (FFB) in Indonesia is relatively low with an average productivity of below 15 tonnes.ha-1.year-1,which is still very far below its potential, which is around 25 tonnes.ha-1. year-1, one of the contributing factors is the application of fertilizers. neither the type nor the dose has been done precisely. Research on Determining Fertilizer Dosage Based on FFB tonnage data for oil palm plantations has been carried out from March to October 2022 at a private oil palm plantation company located in Nunukan Regency, North Kalimantan Province. The research was carried out on an area of ​​812 ha which was divided into 28 blocks, consisting of 7 treatments each carried out in 4 blocks as repetition. The soil pH conditions are relatively neutral, namely between 6.0-6.9. Fertilizers used are also of various kinds, namely Urea, Rock phosphate, Muriate of potash, Kieserit and Dolomite. The dosage of fertilizer is determined based on the tonnage of fresh fruit bunches produced and compared with the dose of fertilizer according to the recommendations from the leaf sampling unit. This study uses monthly data for each block from March to October 2022 which includes: average stem weight (BJR), number of stems per tree (JJG/PKK), and productivity (tons.ha-1.month-1). The data obtained were then analyzed for variance and continued with Duncan's multiple range test. The results showed that in March, April and October there was a significant difference between the treatments where in March there was a difference in the productivity of fresh fruit bunches where the application of Urea-Rph-MOP-Kieserite fertilizer was 4.3-2.5-1 respectively. .9-2.9 respectively in kg.principle-1.year-1 (P1) shows the highest productivity. In April and October there was a significant difference in the yield per tree where in April the Urea-Rph-MOP fertilizer application treatment was 2.4-1.6-1.8 respectively in kg.principal-1 year-1 (P5) showed that the number of shoots per tree tended to be higher than the other treatments, whereas in October the number of stems per tree tended to be higher in treatment P1. However, there was no significant difference in average length weight from March to October. Thus the dosage of fertilizer can be determined based on fresh fruit bunch tonnage data as an option other than based on the results of leaf sampling units to be implemented in the field.

Kajian Keberhasilan Implementasi Kebijakan Online Single Submission Risk Based Approach (OSS-RBA) di DPMPTSP Kabupaten Ketapang pada Perusahaan Perkebunan

Online Single Submission Risk Based Approach (OSS-RBA) is a risk-based business licensing service system that is carried out online. It is important to know about the application of the OSS-RBA Policy because it relates to the country's national achievements in simplifying the business licensing process and attracting foreign investors. The plantation business sector, especially oil palm, is important to pay attention to. The high contribution of the country's foreign exchange originating from this industry is one of the reasons the government has made the business licensing process smooth. For this reason, this research aims to measure the level of success in implementing the OSS-RBA Policy in the Investment and One-Stop Integrated Services Service (DPMPTSP) Ketapang Regency, especially in plantation companies. This research uses a mixed method with purposive sampling. In this study, respondents were divided into two groups, specifically 4 respondents from the policy implementer and 35 respondents from the oil palm plantation company. The George Edward III Policy Implementation Model used theory, which determined four indicators that influence implementation: communication, resources, disposition, and bureaucratic structure. The research on communication indicators showed that there had been a clear and consistent transmission of information from policymakers to policy implementers and business actors. Meanwhile, equipment and authority resources have been fulfilled in the resource indicators. For disposition, licensing services have been provided optimally. Finally, regarding bureaucratic structure indicators, DPMPTSP Ketapang Regency has done SOPs for services and licensing activities.

Pengaruh Environmental Regulation terhadap Environmental Performance Melalui Mediasi Corporate Social Responsibility

Efforts to realize a sustainable palm oil industry from upstream to downstream encourage companies to implement environmental regulations and corporate social responsibility that are carried out by multiple parties in the palm oil industry sector. This study aims to prove the effect of environmental regulation and corporate social responsibility on environmental performance, as well as to provide a mediating effect of corporate social responsibility on the relationship between environmental regulation and environmental performance. Data collection is done through the sustainability report of each company. Based on the results of testing the hypothesis found that environmental regulations have a positive but not significant effect on environmental performance, environmental regulations have a positive and significant effect on corporate social responsibility, corporate social responsibility has a positive and significant effect on environmental performance, and corporate social responsibility mediates the relationship between environmental regulations with environmental performance in oil palm plantation companies in Indonesia.

INOVASI MODEL KEMITRAAN USAHA PERKEBUNAN KELAPA SAWIT BERBASIS BUDAYA LOKAL DI KONAWE UTARA

The aims of the study: (1) to identify partnership patterns between land-owning smallholders and oil palm plantation companies in North Konawe, and (2) to design a fair partnership model with the principle of equality in order to improve the welfare of oil palm smallholders in North Konawe. The data collection method was carried out by interviewing farmers and company managers and focus group discussions (FGD). Data were analyzed by qualitative descriptive and system approach. The research results can be explained as follows: There are 2 (two) plantation partnership patterns between smallholders and oil palm companies in North Konawe, namely the nucleus-plasma partnership pattern between oil palm smallholders and state plantation companies (PTPN-14) and the one-roof partnership pattern with the profit sharing 40:60 between farmers and private companies (PT SPLi and PT DJL). This pattern shows many weaknesses, including not considering land productivity, farmer's land is not counted as capital, price and production information is not known to farmers quickly and openly, there is no increase in farmer capacity both in plantation management and in social and institutional strengthening. In PKS partnerships, farmers are given access to share ownership (maximum 49%) to obtain additional benefits from increasing the added value of palm oil processing. The partnership model offered to increase the institutional effectiveness of managing the oil palm plantation business in North Konawe is corporate farming by utilizing the culture and local wisdom of the community, especially the Tolaki ethnic group.

How Indigenous Peoples Resolve Ulayat Land Disputes (Study in Koto Gasib, Siak Regency)

This study focused on disputes over the management of forest areas between the Koto Gasib community and the private sector (palm plantation companies), where the company’s Cultivation rights overlapped with the rights of indigenous peoples on their ulayat lands. The purpose of this study was to find a pattern of dispute resolution over the use of natural resources in the Koto Gasib customary law community. From the results of the study, it can be concluded that the dispute over the management of natural resources in the Koto Gasib customary law community is the main factor caused by the inequality of control and management through the HGU granted by the Government to oil palm plantation companies and Industrial Plantation Forests (HTI) operating in Koto Gasib, where The HGU permit issued is claimed to be part of the community area of the Gasib and Pandan inner community. The resolution of natural resource disputes in the Koto Gasib customary law community tends to be pursued through a non-litigation process by involving various stakeholder roles and local governments and encouraging the role of traditional leaders in the region to obtain an effective solution to defend the rights of the Koto Gasib community.

Intentions And Behavior Of Partner Palm Oil Farmers PT Hari Sawit Jaya On Sustainable Palm Oil Management

<p class="MainHeading"><em>Sustainable palm oil management needs to be supported by all oil palm actors, both smallholders and oil palm plantation companies. PT Hari Sawit Jaya through the created share value program empowers independent smallholders around the company to become partner farmers to support a sustainable palm oil program. The present study aimed (1) to find out the factors that influence the intention of farmers to carry out sustainable palm oil management and (2) to determine the effect of intention on the behavior of partner farmers. The population was composed of partner farmers PT Hari Sawit Jaya located in Labuhan Batu district, North Sumatra of whom 90 farmers were sampled using the cluster proportional random sampling method. The research instrument was s questionnaire Data was analyzed by SmartPLS. Results showed that attitudes, subjective norms, behavioral control, moral norms, and knowledge had a positive effect on farmers' intention to manage sustainable oil palm and the intention had a positive effect on farmers' behavior. However, there are sustainable palm oil management behaviors in accordance with good agricultural practices that have not been carried out by partner farmers to plant oil palm on peatlands and have not used certified seeds.</em></p>

ANALISIS YURIDIS PEMBATALAN PERJANJIAN KERJASAMA PEMBANGUNAN KEBUN KELAPA SAWIT ANTARA KOPERASI PERTANIAN SAWIT BUNGA IDAMAN DENGAN PT. PERDANA INTI SAWIT PERKASA DI DESA RANTAU BINUANG SAKTI (RBS) KECAMATAN KEPENUHAN KABUPATEN ROKAN HULU DALAM PERKARA NO

Since the authority to grant oil palm plantation business permits was handed over to the Regency/City Government, the area of plantation business land in the Regency/City area has increased. Rokan Hulu Regency has the potential for large enough land for the development of oil palm plantations, but on the other hand, oil palm plantation business activities in Rokan Hulu Regency also have negative impacts, namely the occurrence of various conflicts between local communities and plantation companies both regarding community land and development of plantations for the community, conflicts over land between oil palm plantation companies. In the last 5 years, there have been conflicts between communities. The community demanded that the management of the Kopsa Bunda cooperative bring the community together with PT PIS II and the Rokan Hulu cooperative service. However, after a time the management of the Kopsa Bunda Cooperative instead carried out a credit agreement with Bank Mandiri Syariah and PT PIS II, the people of Rantau Binuang Sakti sued PT PIS II. The results of the research conducted are the cooperation agreement for the development of oil palm plantations between the Bunga Idaman Oil Palm Agricultural Cooperative and PT. Perdana Inti Sawit Perkasa in Desa RBS Kec. District fullness Rohul in Case No: 190/PDT.G/2021/PN.PBR was declared void. The form of settlement for the cancellation of the agreement is through settlement by bringing this case to court and the decision to cancel this agreement is decided by the Judge in court because it is through the Court that has the right and proves that something can be canceled.

The Urgency of Indonesian Sustainable Palm Oil Certification for Oil Palm Plantation Companies in the State's Economic Growth

The government is working on Indonesian Sustainable Palm Oil Plantations by issuing various regulations, both through the Presidential Regulation of the Republic of Indonesia Number 44 of 2020 concerning the Certification System for Indonesian Sustainable Palm Oil Plantations, as well as through the Regulation of the Minister of Agriculture Number 38 of 2020 concerning Implementation of Plantation Certification Indonesian Sustainable Palm Oil so that the oil palm plantation business obtains results that are economically feasible, socio-culturally feasible and environmentally friendly and increase the competitiveness of industrial palm oil products for the international market. The study method is normative juridical. In this study, an approach is used by identifying research objects and a statute approach. Based on the results of the study, the Government of Indonesia continues to make efforts for oil palm plantation companies to carry out ISPO certification. The government also issued various regulations to accelerate ISPO certification. It is suggested to the government continue to make efforts and be serious about accelerating ISPO certification by implementing various regulations that have been issued, including the Regulation of the Minister of Agriculture of the Republic of Indonesia Number 18 of 2021 concerning the Facilitation of Development of Community Gardens in Surroundings, in addition to issuing the Regulation of the Minister of Agriculture of the Republic of Indonesia Number 03 of the Year 2022 concerning Development of Human Resources, Research, and Development, Rejuvenation, as well as Facilities and Infrastructure for Oil Palm Plantations and several regions a Team for the Acceleration and Supervision of ISPO certification has been formed so that it has an impact on the country's economic growth.

ANALISIS BUSINESS MODEL CANVAS MENGGUNAKAN PENDEKATAN SWOT PADA PERUSAHAAN PERKEBUNAN KELAPA SAWIT SG DI KABUPATEN SINTANG PROVINSI KALIMANTAN BARAT

Indonesia is one of the largest CPO (Crude Palm Oil) producing countries in the world. In addition to producing CPO, oil palm fruit is also used as raw material for food and non-food production, alternative fuels, biodiesel development, and many others. SG's oil palm plantation, which is located in West Kalimantan, Sintang Regency, Kelam Permai District, is a company engaged in palm oil processing that was founded in 2008. In order to improve the quality of production, it is necessary to evaluate and analyze its business. So, the purpose of this study is to analyze the business model canvas using the SWOT method on the SG oil palm plantation company. The research method uses descriptive quantitative methods. The results showed that with a SWOT analysis approach, the SG oil palm company took advantage of the existing opportunities, namely the demand for fresh fruit bunches continued to increase in the market and government policies that supported the oil palm plantation business. SG's oil palm plantations must maintain the quality of fresh fruit bunches that will be sold to palm oil mills and increase the number of fresh fruit bunches harvested in order to remain competitive in the market. While the strategy for minimizing weaknesses is to improve good plantation maintenance techniques. As for the strategy, while maintaining good relations with partners, namely SG's oil palm plantations, the strategy for minimizing weaknesses and avoiding threats is to always cooperate with the Sintang Regency Government, West Kalimantan Province.

The Effects of Conflict and Palm Oil Investment Between Investors and Communities in Indonesia

The resolution of customary land conflicts often does not bring results. The protracted conflict inflicted losses on both sides. The community cannot benefit from the land that is their customary right because it is under the control of the Oil Palm Plantation Company (PPKS), while PPKS cannot operate comfortably because it must always face community demands. Until now, there are still conflicts in oil palm plantations that occur between indigenous peoples in Kampar Regency, Riau Province and PPKS. Based on these conditions, the legal issue that is also the main problem in this study is why there is a land conflict between oil palm plantation business investors and indigenous peoples and how the parties resolve it. The author found that the conflict occurred due to differences in views on customary land, the non-implementation of deliberations with indigenous peoples before investment was made, and government policies. Conflict resolution is carried out using different means according to the cause of the conflict.

Fishing Tourism of Conflict Area in South Kalimantan

Wetland areas are rich with inland fisheries potential. However, the entry of oil palm plantations has threatened the existence of wetland ecosystems. Community rejection of the entry of oil palm plantations has created conflict between the two parties. Even though it is in a conflict area, the fishery potential has encouraged the development of fishing tourism which invites local tourists. The development of fishing tourism in wetlands not on contributes to the rotation of the rural economy and the study of social sciences. This study aims to determine the driving factors for the development of fishing tourism and their contribution to the community's economy. The research method used is qualitative research locations are villages that develop fishing tourism in South Kalimantan Province. Interviews were conducted with fish well owners, anglers, formal and non-formal figures, and community members who have businesses around fishing locations. The informants were 64 people. Observations were made of fishing objects. Document studies and audio-visual recordings were carried out regarding the activities of anglers. Data analysis uses an emic perspective, so an overview of fishing tourism from the point of view of the research subject. The results of the study show that the driving factors for the development of fishing tourism are wetland ecosystems as freshwater fish habitats and open road access, both opened by oil palm plantation companies and local governments. The development of this new type of business has contributed to the owners of fish wells and the informal business sector around fishing grounds. The conclusion is that fishing tourism can still be developed even though it is in a conflict area. The implication is the occurrence of economic cycles in rural areas and the sustainability of natural resources.

The Influence of Good Corporate Governance Mechanism and Company Size on Profit Management with Audit Quality as a Moderating Variable in Palm Oil Plantation Company Listed on Indonesia Stock Exchange Period Year 2017-2021

Earnings management is an action taken by managers by engineering company profits to be higher, lower, or always the same for several periods. Earnings management actions have caused several scandalous cases, including Enron, Merck, World Com, PT Kimia Farma Tbk and PT Garuda Indonesia (Persero).Therefore, the way to overcome this is by implementing the Good Corporate Governance mechanism and auditing financial statements by using the services of a quality accountant such as the big four.. The type of research used is causal research. The population in this study were all oil palm plantation companies listed on the Indonesia Stock Exchange during 2017-2021, totaling 24 using purposive sampling technique, the research sample was 14 companies for 5 years from 2017-2021, so the total observations in this study became 70 companies. Statistical test using descriptive statistics and Partial Least Square (PLS). The results of the study partially show that the proportion of independent commissioners has a negative effect on earnings management and audit quality is able to moderate the effect of managerial ownership, institutional ownership and firm size on earnings management while audit quality is not able to moderate the effect of the proportion of independent commissioners and audit committees on earnings management. It can be concluded that the existence of a good corporate governance mechanism in this case the proportion of independent commissioners and audit quality can pressure companies not to carry out earnings management.

Variabel - Variabel yang Berpengaruh Terhadap Harga Pasar Saham Pada Perusahaan Kelapa Sawit yang Terdaftar di Bursa Efek Indonesia Tahun 2015 – 2020

The number of capital market investors in Indonesia is very minimal, as of July 2022 there were 8.88 million accounts consisting of Stock investors, with 42% of them being stock investors and 60.29% dominated by millennials. Fundamental factors are represented by liquidity ratios, solvency ratios, activity ratios, and performance ratios. The study was conducted using a quantitative approach, with a population of 24 oil palm plantation companies listed on the Indonesia Stock Exchange. The research sample consisted of 5 oil palm plantation companies selected using the purposive sampling method. The statistical method used in this study is multiple regression analysis. The results of this study indicate 1) the liquidity ratio expressed by Working Capital to Total Asset Ratio and the Quick Asset Ratio has no significant effect on stock market prices, 2) the solvency ratio expressed by the Debt to Asset Ratio has a significant effect on stock market prices, 3) the activity ratio which is expressed by Total Assets Turn Over has no significant effect on the Stock Market Price, and 4) Performance Ratios expressed by Earning Per Share, have a significant effect on Market price

Integrating Remote Sensing and GIS Techniques for Accurate Mapping and Analysis of Oil Palm Plantation Distribution in Kelantan: A Case Study

The research conducted in Kelantan focused on analysing the distribution of oil palm plantations using remote sensing data and ArcGIS, a Geographic Information System (GIS) platform. The demand for accurate and up-to-date information on oil palm plantations has been increasing due to advancements in technology and the need for effective management of the environment. The study aimed to compare the distribution of oil palm plantations in 2016 and 2021 by using vegetation analysis techniques such as Normalized Difference Vegetation Index (NDVI), Enhanced Vegetation Index (EVI), and Soil-Adjusted Vegetation Index (SAVI). Remote sensing data from Landsat 8, specifically Bands 5, 4, and 2, were utilized to derive these vegetation indices. Ground-truthing data, obtained through GPS coordinates, were employed to increase the accuracy of the analysis. The expansion of oil palm plantations and non-oil palm areas was assessed using the Supervised Classification Maximum Likelihood method. The distribution data of oil palm plantations is highly sought after by oil palm plantation companies and serves public and private purposes, contributing to environmental monitoring and promoting sustainable practices.