Plantation Companies Research Articles

Pengaruh Metode Aplikasi dan Konsentrasi Gibberellic Acid (GA3) terhadap Fase Pertumbuhan Vegetatif Tanaman Nanas (Ananas comosus [L.] Merr.)

Increasing the production of pineapple fruit can be done by manipulating the plant using Gibberellic Acid Growth Regulatory Substance (ZPT). The purpose of this study was to determine the effect of GA3 concentration and application method, as well as its interaction in increasing the vegetative growth of pineapple plants. Data collection was carried out in November 2022- February 2023 at a pineapple plantation company in Central Lampung. Treatments were arranged factorial (3x2) using a randomized block design with 3 replications. The first factor was Gibberellin (A) which consisted of three levels, (A1) 0 ppm GA3, (A2) 200 ppm GA3, and (A3) 400 ppm GA3. The second factor is the application method (B) which consists of 2 levels, namely (B1) Application on the top of the leaf (B2) Application on the bottom of the leaf. The observed variables included plant height, stem diameter, number of leaves, D-leaf length, D-leaf width, number of roots, root length, fresh weight of roots, fresh weight of plants. Homogeneity of variance between treatments was tested by Barlett's test and additivity using Tukey's test and then analysis of variance was carried out. Separation of the mean was carried out using the least significant difference test (LSD) at the 5% level. The results showed that 400 ppm GA3 was better than the control in affecting plant fresh weight with a difference of 630,7 g, the treatment of the application method on the leaves was better than the bottom leaf in affecting plant fresh weight with a difference 201,4 g. Treatment with a concentration of 40 ppm using the leaf application method was better than the control treatment. It is suggested to do further research related to the effect of giving GA3 on the generative phase of pineapple plants.Keywords : Gibberellic Acid, application method, pinneaple

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.

Higher avian biodiversity, increased shrub cover and proximity to continuous forest may reduce pest insect crop loss in small‐scale oil palm farming

Abstract One of the key ecosystem services offered by avian biodiversity within agricultural landscapes is natural predation. Nonetheless, the current use of biological control agents such as farmland birds in oil palm plantations is relatively limited. This study aimed to assess the potential roles of avian biodiversity, particularly insectivores that provide natural predation against oil palm herbivorous insects. We also investigated the influence of local‐ and landscape‐scale variables on foliage damage (crown or frond). Our data showed that crown damage decreased with increasing farmland bird richness (overall and insectivore), shrub cover, dried biomass and elevation, but increased with epiphyte cover, oil palm height and distance to continuous forest. Frond damage was negatively related to bird richness (overall, insectivore and non‐insectivore) and non‐insectivore abundance, elevation and shrub cover, while increased with insectivorous abundance, epiphyte cover, oil palm height and distance to continuous forest. We also found that plantations (≥50 ha) were more susceptible to foliage damage from pest insects than smallholdings (<50 ha). There was no evidence that indicate the influence of forest patches on foliage damage. Synthesis and applications. Our study highlights the economic value of conserving biodiversity, most notably, farmland birds and continuous forests with respect to biological control of defoliating pests and maintaining yield productivity in oil palm cultivation. Growers, particularly major plantation companies should make oil palm farming more biodiversity‐friendly in order to increase the number of biological control agents such as birds.

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

Financial Distress and firm Performance of Listed Plantation Companies in Sri Lanka: an Application of Altman’s Model

Financial Distress and firm Performance of Listed Plantation Companies in Sri Lanka: an Application of Altman’s Model

Is the Forest Fire adjacent to St. Clair’s Waterfall Natural or Man-made?

Forest fires have been showing an increasing trend in Sri Lanka over the past few years. Previous studies proved that most of the forest fires in Sri Lanka were caused by human factors. The main objective of this study is to identify the causes of forest fires in close areas of St. Clair‘s fall, which is situated on the western slope of the Central Highlands and to investigate the impacts and measures to reduce forest fires. Primary data as well as secondary data were used for this study. Primary data was obtained through a questionnaire survey and focused group interviews from the study area of Hollyrood, Wattegoda, and Dewon GN Division. Twenty (20) households have been interviewed from the random sampling. Focused group interviews were held with the Nuwara Eliya Forest Conservation Department, Tea Estate companies and Thalawakele Police Station. Rainfall and temperature data were taken as secondary data for the period from 2010 to 2020 from the Department of Meteorology, Colombo. 83 respondents stated that forest fires occurs from January to April because of the high temperature and low rainfall recorded in these months. Patana grasslands are spared on the lower slopes of the left and right banks of waterfall area and plantation forest and Tea plantation have spread in the higher part of the slope. According to the Forest Department, the understory of Patana grassland and undergrowth for forest plantations are exposures to fire in this area. 96 respondents stated that forest fires are purposely started by the people to catch fish from the Kothmale Oya, build bonfire on the rock, and burn fish. Fires are generated through those flames. 63 stated that forest fires are done for ―jungle based feedings‖ for cattle herds by the people in the Thalawakele plantation settlement. They expect fresh grass to boom in the rainy seasons by setting fires in the dry season. 22 respondents stated that forest fires are purposely done for hunting purposes. Most of the fires occur on the left bank of the Kothmale Oya River. In order to prevent fires in this area, the fire breaks fire belt and such as corridors without and with floras are established as buffer zones on the right bank. This fire belt is maintain by Thalawakele Plantation Company. When a forest fire occurs, the Forest Department sends the SMS message to alert the community. Planting hana trees as a green belt can be recommended to reduce the occurrence of fires in this area. 
 Keywords: Central Highlands, Random sampling, Bonfire, Hana trees

Accuppational Safety And Health Management System For Zero Accidents In Palm Oil Plantation Companies In West Borneo

This research is a qualitative study that aims to explore the impact of implementing the Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3) and Zero Accident on improving employee performance through the knowledge-sharing process. The research method involved in-depth interviews with factory management, supervisors, and employees, as well as on-site observations. Data analysis was conducted using a qualitative approach, highlighting key findings related to the implementation of Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3), Zero Accident, and knowledge-sharing practices in the work environment. The results showed that the implementation of Zero Accident significantly influenced the awareness of occupational safety and health among employees. The knowledge-sharing process was identified as a key factor in improving collective understanding of safety practices, as well as improving overall performance. The findings contribute to further understanding of how Sistem Manajemen Keselamatan dan Kesehatan Kerja (SMK3) integrity and Zero Accident can be combined with knowledge-sharing practices to achieve a safer and more productive work environment. The implications of this study can provide practical guidance for palm oil mills and similar industries to improve the effectiveness of their safety strategies by considering knowledge sharing as an important component in developing a sustainable safety culture.

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.

Understanding the Role of Human Resource Management, Leadership, and Organizational Culture in Improving Employee Performance: Case Study in the Partnership Division

This research examines how human resource management practices, leadership style, company culture, commitment levels, and motivation influence how healthy employees perform in partnership divisions of plantation companies. It uses research methods to explore how these factors work together to create an environment encouraging employees to give their best. The research reveals that work motivation is a critical driver, and it can be enhanced by HR practices such as financial incentives, training opportunities, and giving employees more responsibility. Organizational commitment fostered through regular training and providing adequate resources further fuels motivation. There may be variations in how managers and staff interpret the company culture. However, values like integrity, collaboration, and adaptability are still essential for creating an environment that supports high performance. Effective leadership, focusing on motivating employees, providing guidance, and fostering a positive work environment, also significantly impacts performance. This research, informed by data collected directly from employees in partnership divisions, offers valuable insights. Organizations can optimize employee performance by understanding these factors through targeted human resource strategies and leadership practices tailored explicitly to partnership divisions.

Civil society movement in the protection of the peat ecosystem of Meranti Islands, Riau – Indonesia

In a country’s democratic system, the existence of Civil Society Organizations is indispensable. Civil Society Organizations are sociopolitical institutions that can be used by the community to channel their goals and demands to influence or even shape government policy. In this scenario, Civil Society Organizations can be viewed in two ways, namely sectoral groups and regional groups. Both Groups aim to persuade the government to address issues of public interest in a timely manner. In addition to persuasion, civil society organizations can also carry out advocacy and even file lawsuits against the Government and companies for ecosystem damage. Regarding the issue of peat ecosystem damage, this issue has become a serious issue for the Indonesian government in the last two decades. Damage to peat ecosystems due to illegal encroachment, exploitation for the benefit of plantation companies and brutal conversions have damaged peat ecosystems in Indonesia. Cases of forest and land fires in the last two decades show that management of peat ecosystems is not carried out wisely, the majority of peatland fires occur within company concession areas and very few are due to community activities. Cases of forest and land fires are the most troubling phenomena, especially in Riau this issue even stretches to become a national and transnational issue when the impact of forest and land fires disrupts the activities of citizens of other countries (Singapore and Malaysia). This study analyzes the Meranti Islands civil society movement in protecting the peat ecosystem in the Meranti Islands, in particular, the case of damage to the Meranti Islands peat ecosystem is no longer a secret and needs serious attention from all parties. Various literature suggests that the civil society movement has become a steep road when dealing with authoritarian governments, but after Suharto, this movement has actually become a political force to influence and shape government policy. Likewise with the Meranti Islands civil society movement in efforts to protect the peat ecosystem.

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.

PERJANJIAN POLA KEMITRAAN DALAM PELAKSANAAN PEREMAJAAN TANAMAN KELAPA SAWIT

One effort to increase the productivity of oil palm plants is to carry out a replanting program. In implementing the oil palm plant rejuvenation program, most of the planters come from low-educated communities who lack knowledge regarding what and how partnership patterns are. It is the government's authority to regulate cooperative relations between plantation companies and farmers. This collaboration is carried out considering that planters may not be capable enough to work on rejuvenating their oil palm plantations, whereas if oil palm trees that are over 20-25 years old are not rejuvenated, they will no longer be productive and will produce little fruit. This collaboration is carried out by plantation companies as the core and plasma farmers/planters. In implementing this replanting program, there are several models of partnership patterns, one of which is the Intiplasm partnership pattern which is the most popular in implementing this program. The method used in this research is Normative Juridical with the research approach used is qualitative by examining statutory documents and comparing them with conditions in the field. The research results showed that the implementation of Minister of Agriculture Decree Number 940/KPTS/OT.210/10/97 concerning Guidelines for Agricultural Business Partnerships in the Implementation of Oil Palm Plant Rejuvenation has been carried out well, as evidenced by the existence of several regions in Indonesia that have successfully and completed following replanting using the intiplasma partnership pattern. This type of partnership pattern in implementing replanting is very important, because it can help people who do not have funds to continue participating in the replanting program. Then the form of legal protection obtained by farmers if a dispute occurs is through mediation and efforts to resolve disputes outside of court. Then, if no bright spot is found, the problem can then be resolved in court with all the consequences. Keywords: Palm Oil; Rejuvenation; Partnership Pattern.

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.

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.

Analisis Penerapan Audit Manajemen dalam Fungsi Keuangan untuk Mengukur Efektivitas dan Efisiensi Manajemen Keuangan Kebun Berangir PT Perkebunan Nusantara IV Labuhanbatu Utara

This study aims to analyze the application of audit management in the financial function to measure the efectiveness and eficiency of financial management at berangir plantation PT Perkebunan Nusantara IV Labuhanbatu Utara. Management audit is an important tool for assessing performance and eficiency in financial management of a plantation company. By utilizing relevant financial data, this research identifies the factors that influence the efectiveness and eficiency of financial management in Berangir Gardens. The research method used is descriptive qualitative with a case study approach. The necessary data were collected through interviews, observation and analysis of documents from PT Perkebunan Nusantara IV Labuhanbatu Utara Berangir Plantation. Furthermore, the data is analyzed using content analysis techniques to identify findings and patterns related to the implementation of audit management and financial performance. The results of the study show that the implementation of audit management in the financial function plays an important role in measuring the efectiveness and eficiency of financial management at Kebun Berangir. These findings can provide insight for company management to improve financial performance and resource management. In addition, this study also provides recommendations regarding corrective measure that can be implemented to increase the eficiency and efectiveness of financial management in these plantation companies.

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.

THE ROLE OF COFFEE AND TEA EXPORTS IN DRIVING REGIONAL ECONOMIC GROWTH: A QUANTITATIVE ANALYSIS

This study endeavors to meticulously scrutinize the causal relationship between the exportation of coffee and tea and the dynamics of the Bandung Regency's GRDP. Employing a quantitative research approach, the study leverages a comprehensive documentation method. Its analytical framework hinges on secondary data, specifically time-series data spanning from 2018 to 2022. These invaluable data sources are culled from official reports furnished by the Bandung Regency Department of Trade and Industry, the West Java Provincial Department of Trade and Industry, Plantation Company Associations, the Central Statistics Agency (BPS) of the Bandung Regency, and the Central Statistics Agency (BPS) of West Java. The methodological cornerstone of this study is the utilization of multiple regression analysis, a robust tool for dissecting intricate relationships. The empirical results, derived from rigorous statistical testing, illuminate noteworthy insights. Specifically, the t-test outcomes underscore the salience of the impact of coffee exports on the GRDP. The calculated significance value (Sig.) of 0.003, well below the conventional significance threshold of 0.05, indicates a robust, positive, and statistically significant influence of coffee exports on the GRDP. Equally compelling is the analogous analysis applied to tea exports. Here, the significance value (Sig.) of 0.000, likewise below the 0.05 threshold, signifies a potent, positive, and statistically significant effect of tea exports on the GRDP. Of paramount significance is the application of the F-test, providing a holistic evaluation of the combined influence of coffee and tea exports on GRDP. The calculated F-value (410883.205) convincingly surpasses the tabulated F-value (6.94), cementing the inference that coffee and tea exports jointly exert a substantive, positive, and statistically significant impact on GRDP. The plantation sector emerges as an indispensable driver of economic expansion in the Bandung Regency.

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.