Plantation Companies Research Articles

LINI HULU PRODUKSI SAWIT INDONESIA: PERSPEKTIF RANTAI PASOK

Smallholder oil palm plantations are still facing the challenge of solidity in increasing their collective action to influence the supply chain of the national and global palm oil industry. This study aims to analyze the upstream system of smallholder palm oil production in building the sustainability of the supply chain of the national palm oil industry from a supply chain perspective. The data collection method combines an empirical study approach and literacy. An empirical study was carried out to search for institutional portraits of farmers. Furthermore, the search for commodity flows and palm oil agro-industry actors was carried out using a supply chain scheme framework. Based on the discussion, it is concluded that the disclosure of the flow of information related to the volume, price, and supply value differs according to the stakeholders involved. The supply chain of upstream palm oil production starts from the production line of oil palm plantations to the fabrication of CPO/PKO and the fabrication of their derivatives. Oil palm farmers are the weakest parties in accessing prices, volumes, and purchasing capacity information. Independent and plasma oil palm plantation smallholders are the most vulnerable to problems of uncertainty, transparency, transaction costs, and institutions, as well as the determination of an undisclosed price share between the cooperative as an intermediary and the core company. The downstream supply chain of palm oil agroindustry (olein, biodiesel, and chemical industry) is dominated by stakeholders affiliating with national private plantation companies within the framework of vertical supply synergies. CPO/ PKO palm derivative processed agroindustry, which has no vertical affiliation with national plantation companies on the upstream side, was the weakest actor in dealing with uncertainty in the supply of raw materials.

The Determinant Factor of Employee Engagement at Palm Oil Plantations Company in Central Kalimantan Province

With today's tougher business competition, many companies have realized how important human resources (HR) are. Organizational culture, knowledge management, and employee engagement are the keys to the success of human resources. This study aims to see the influence of organizational culture, knowledge management on employee engagement. This type of research uses mixed methods. Mixed Methods is a research method that combines quantitative research and qualitative research. In this research method using a sequential explanatory combination, starting with using quantitative methods and then expanding with qualitative and comparing the average results of both. In this study using a linearity test which is used to identify the regression model of the independent variable on the dependent variable, the study focused on a population of 1960 companies and 321 employees from the Palm Oil Company Group. The sample size consisted of 179 employees. The findings of the study are: 1) Organizational culture positively impacts employee engagement in Palm Oil Companies in Central Kalimantan Province, and 2) Knowledge management also has a positive effect on employee engagement in Palm Oil Companies in Central Kalimantan Province.

Influence of Job Characteristics and Job Satisfaction on Employee Performance in Plantation Companies

This research, employing a unique quantitative method, seeks to ascertain the influence of job characteristics and job satisfaction on employee performance in plantation companies. The data was collected through a comprehensive questionnaire distribution process. The sampling technique used was saturated sampling, ensuring the inclusion of all population members as samples. The data analysis techniques included reliability test, normality test, multicollinearity test, heteroscedasticity test, multiple linear regression test, coefficient of determination test, hypothesis test (t-test), and simultaneous test (F test). The results of this research underscore the positive and significant effect of job characteristics and job satisfaction on employee job performance

PENGARUH STRUKTUR MODAL, ALOKASI PAJAK, DAN UKURAN PERUSAHAAN TERHADAP EARNING RESPONSE COEFFICIENT (ERC) PADA INDUSTRI PERKEBUNAN

This research aims to analyze the influence of Capital Structure, Tax Allocation, and Company Size on the Earning Response Coefficient (ERC). The population used in this research is plantation sector companies listed on the Indonesia Stock Exchange (BEI) for the 2018 - 2022 period. The sample in this study was determined using a purposive sampling method and came from 22 plantation companies, so the total The sample amounted to 110 samples. Data processing was carried out using the multiple linear regression method with the help of SPSS software version 20. The results of the study showed that partially the Capital Structure variable had a negative and significant effect on the ERC, the Tax Allocation variable had a positive and significant effect on the ERC and the Company Size variable has a negative and significant effect on the ERC. The research results also show that Capital Structure, Tax Allocation, and Company Size simultaneously have a significant effect on the ERC

A Structural Equation Modelling Approach in Assessing the Sustainability of Indonesian Smallholder Oil Palm Farming

Oil palm plantations (Elaeis guineensis Jacq) in Indonesia have been considered as a leading sector to increase the country's economic growth, create jobs, and improve the distribution of people's income The production of oil palm fruit commodities in 2019 reached a total of 51,443,315 tonnes (Director General of Plantations, 2020). Its export volume in 2019 was 29,135,179 tonnes, equivalent to US$ 20,802,708,000. Oil palm crop production in Indonesia is managed by three groups: state-owned plantation companies, private plantation companies, and smallholder plantations. Oil palm plantation areas spanned 14,677,560 hectares in 2019, 41% of which were community-based plantations. These areas produced 14,846,112 tonnes of palm oil in the same year, accounting for 16% of the national palm oil crop production volume (Directorate General of Plantations, 2020). The development of oil palm plantation areas has made a major contribution to the country's foreign exchange reserves, added to local revenue, encouraged the acceleration of economic development, and encouraged poverty alleviation in rural areas. This study aims to analyse the economic, social, environmental, institutional, and technological influences on the sustainability of independent oil palm farms in Sintang District. The research method used is the Structural Equation Model (SEM) operated through the AMOS programme. While the tools used in this study using a questionnaire with 216 respondents. From a total population of 491 respondents. The findings of this study indicate that the C.R value of the economic dimension is 4.026, social is 2.920, environmental is 3.237, institutional is 3.247, and technology is 2.694. This shows that there is a positive and significant relationship between the dimensions of the sustainability of independent oil palm farming.

The Influence of Internal Audit Effectiveness, Top Management Supervision, Accounting Information Technology, to Prevent Fraud in Financial Reports of Palm Oil Plantation Companies in Remote Areas as a Moderating Variable (Survey of Palm Oil Plantation Companies in Indonesia)

The Influence of Internal Audit Effectiveness, Top Management Supervision, Accounting Information Technology, to Prevent Fraud in Financial Reports of Palm Oil Plantation Companies in Remote Areas as a Moderating Variable (Survey of Palm Oil Plantation Companies in Indonesia)

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 Nexus Between Human Capital Efficiency and Financial Performance: A Case of Malaysian Plantation Sector

This research discusses “The Impacts of Human Capital Efficiency on Financial Performance in the Malaysian Plantation Sector," which seeks to investigate the correlation between human capital efficiency and financial performance within the Malaysian plantation sector. The study employs a sample of twenty (20) Malaysian Plantation companies using STATA 14 for panel data analysis. The results demonstrate a strong correlation between human capital efficiency and financial performance. Companies that have higher human capital efficiency tend to have better financial performance, as indicated by metrics such as return on assets, asset turnover ratio, and leverage. These findings highlight the significance of efficiently overseeing and utilizing human resources to influence financial results in the plantation sector. The study focuses on the importance of investing in the development and optimization of human capital to improve financial performance. Additional research is advised to investigate other factors that may impact on this association and to evaluate the applicability of the findings to different nature of businesses and environments.

THE ROLE OF EXTENDED VALUE CHAIN ACTIVITIES IN ENHANCING ECONOMIC VALUE ADDED PLANTATION COMPANIES IN MALAYSIA

The palm oil industry in Malaysia has faced issues of lower palm oil price and limited land area, and these issues have created a challenging environment for plantation companies to operate in. Plantation companies are constrained in maximizing their profits. Thus, this paper aims to examine the Economic Value Added (EVA) and the factors that influence the EVA of different value chain activities. The dynamic generalized method of moments (DGMM) estimators were adopted for the analysis and the focus was on the -40 Malaysian plantation companies that were listed in the Bursa Malaysia from 2010 to 2018. The results revealed that both downstream integrated activities, namely oleo-chemicals/biodiesel and refineries activities had a significant influence on the plantation companies’ EVA, with the coefficient value 1.12 and 0.09 respectively. Other factors such as the gross margin, crude palm oil price, and exchange rate also significantly influenced the plantation companies’ EVA. The empirical results which were based on the plantation companies’ EVA were influenced by different value chain activities as expected. The findings show that the downstream integrated activities like refineries, and oleo-chemicals/biodiesel activities have played a significant role in increasing the EVA of plantation companies.

Sovereignty and Human Rights: Examining Sustainable Plantation Enterprises in Indonesia

The Sovereignty Principle in the Plantations Law legalizes dynamics that disproportionately empower plantation companies while disenfranchising indigenous peoples. Under this principle, plantation permits are granted to companies, not indigenous communities, limiting the latter's involvement in mandatory deliberations set by the law. Consequently, indigenous peoples are coerced into relinquishing their lands in exchange for compensation, leading to the erosion of their collective land rights. This practice is at odds with the protections intended under Article 28D Paragraph (1) and Article 28H Paragraph (2) of the 1945 Constitution of Indonesia, which safeguard collective rights to property. The lack of political will to recognize and protect these rights suggests a troubling disregard for the existence and sovereignty of indigenous peoples.

The Influence of Profitability, Liquidity and Leverage on Firm Value in Palm Oil Plantation Companies Listed on the Indonesian Stock Exchange (BEI) for the 2019-2021 Period

The aim of this research is to see how profitability, liquidity and leverage impact the value of palm oil companies listed on the Indonesia Stock Exchange during the 2019-2021 period. This research covers all palm oil companies listed on the Indonesia Stock Exchange (BEI). Sampling was carried out purposively based on specific criteria, which resulted in 36 data samples for research. The data used is secondary data taken from financial reports. Multiple linear regression analysis was used to analyze the data. The research results show that while liquidity and profitability do not affect firm value in oil palm plantations for the 2019-2021 period, leverage does affect firm value.

The Effect of Institutional Ownership, Independent Auditor Tenure, Audit Committee Tenure on Earnings Management in Palm Oil Plantation Companies Listed on the Indonesia Stock Exchange

The Effect of Institutional Ownership, Independent Auditor Tenure, Audit Committee Tenure on Earnings Management in Palm Oil Plantation Companies Listed on the Indonesia Stock Exchange

The conceptual model of Indonesian palm oil supply chain based on blockchain

Abstract Indonesia is the world’s largest producer and consumer of palm oil. However, the palm oil supply chain faces numerous challenges related to actors, traceability, transparency, and sustainability. To address these issues, a conceptual model for a blockchain-based palm oil supply chain in Indonesia is proposed. The model aims to leverage the decentralized and immutable nature of blockchain technology. It incorporates components such as smart contracts, distributed ledgers, and data sharing mechanisms to enhance traceability, transparency, and sustainability in the palm oil supply chain. The research utilized the SSM (Soft System Methodology) and CATWOE (Customer, Actor, Transformation, Worldview, Owner, Environment) methodologies. The actors involved in the palm oil supply chain include smallholders, plantation companies, third-party suppliers, middlemen, traders, palm oil mills, refineries, distributors, retailers, and consumers. The blockchain conceptual model is structured based on a sustainable supply chain model that considers economic, social, and environmental aspects. Blockchain transactions regulate the process of supply chain actors, while stakeholders such as the government, financial institutions, palm oil research organizations, NGOs, and consumers are involved. The blockchain-based supply chain model is expected to address the key issues of the palm oil supply chain, aiming for a sustainable supply chain system. By implementing this model, it is anticipated that the palm oil industry can achieve greater accountability, transparency, and environmental sustainability.

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.

Ratio Legis Of The Principle Of Sovereignty In The Regulation Of Plantation Business As A Settlement Of Land Disputes/Conflicts

Plantation businesses have existed since the past, especially growing rapidly during the Dutch colonial era. The Dutch Colonial Government then made several laws and regulations regarding the regulation of land . Currently, plantations are under the umbrella of the Plantation Law and UUCK. In terms of Legis ratio, the inclusion of "the principle of sovereignty in the Plantation Law actually increases the legitimacy of Plantation Companies to take MHA Ulayat land by force and arbitrarily. The principle of sovereignty in the Plantation Law is not in line with the state's right to control all natural resources in Indonesia's territorial territory. Land disputes and conflicts leading to plantation land are an indirect implication of the Principle of Sovereignty, which is systematically formalized in the Plantation Law to strengthen the position of Plantation Companies, even though it reduces the sacred value of a nation and State, which is given through the principle of sovereignty to Plantation Companies

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 Beban Kerja terhadap Turnover Intention pada Karyawan Panen dan Perawatan di Perusahaan Perkebunan Kelapa Sawit

Employees are an important part of palm oil plantation companies. Employee workload needs to be considered so that they are comfortable when working.This research was carried out at PT Karya Makmur Bahagia which operates in the field of oil palm plantations and Crude Palm Oil (CPO) producers located in the Mentaya Region, Central Kalimantan. This research aims to determine the workload received by harvest and maintenance employees and determine the effect of workload on turnover intention among harvest and maintenance employees. This type of research is quantitative descriptive. The sample used in this research was 15 harvest employees and 15 maintenance employees using incidental sampling techniques. Data were analyzed using regression analysis. The research results showed that 47% of harvest employees had a moderate workload, and 47% of maintenance employees had a light workload. Workload has a positive effect on employee turnover intentions

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.

Ownership Structures, Executive Compensation and Tax Aggressiveness in Indonesia Mining and Plantation Companies: The Moderating Effect of Audit Quality

Ownership Structures, Executive Compensation and Tax Aggressiveness in Indonesia Mining and Plantation Companies: The Moderating Effect of Audit Quality

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.