THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES
The background of this study is the phenomenon known as the diminishing of the world CPO prices, analysing other external factors such as Indonesia’s macroeconomy, interest rate, exchange rate towards dollars, inflation rate and capital structure of the palm oil subsector. It implements the Panel Da...
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Format: | Article |
Language: | English |
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iVolga Press
2019-01-01
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Series: | Russian Journal of Agricultural and Socio-Economic Sciences |
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Online Access: | https://rjoas.com/issue-2019-01/article_45.pdf |
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author | Mubarok I.Z. Hartoyo S. Maulana T.N.A. |
author_facet | Mubarok I.Z. Hartoyo S. Maulana T.N.A. |
author_sort | Mubarok I.Z. |
collection | DOAJ |
description | The background of this study is the phenomenon known as the diminishing of the world CPO prices, analysing other external factors such as Indonesia’s macroeconomy, interest rate, exchange rate towards dollars, inflation rate and capital structure of the palm oil subsector. It implements the Panel Data Regression analysis with the Fixed Effect Model to determine the external and internal factors of ROE in the palm oil subsector. The estimated doubled linear regression would result on the positive significance of the world CPO prices towards the ROE, the negative signifiance of the inflation rate towards the ROE, the positive significance of Growth towards the ROE, and the negative significance of Size towards the ROE. |
first_indexed | 2024-03-12T19:19:58Z |
format | Article |
id | doaj.art-77fc6276b60e4af08cfe257a20b5e373 |
institution | Directory Open Access Journal |
issn | 2226-1184 |
language | English |
last_indexed | 2024-03-12T19:19:58Z |
publishDate | 2019-01-01 |
publisher | iVolga Press |
record_format | Article |
series | Russian Journal of Agricultural and Socio-Economic Sciences |
spelling | doaj.art-77fc6276b60e4af08cfe257a20b5e3732023-08-02T05:15:57ZengiVolga PressRussian Journal of Agricultural and Socio-Economic Sciences2226-11842019-01-0185136937410.18551/rjoas.2019-01.45THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIESMubarok I.Z.0Hartoyo S.1Maulana T.N.A.2School of Business, Bogor Agricultural UniversitySchool of Business, Bogor Agricultural UniversitySchool of Business, Bogor Agricultural UniversityThe background of this study is the phenomenon known as the diminishing of the world CPO prices, analysing other external factors such as Indonesia’s macroeconomy, interest rate, exchange rate towards dollars, inflation rate and capital structure of the palm oil subsector. It implements the Panel Data Regression analysis with the Fixed Effect Model to determine the external and internal factors of ROE in the palm oil subsector. The estimated doubled linear regression would result on the positive significance of the world CPO prices towards the ROE, the negative signifiance of the inflation rate towards the ROE, the positive significance of Growth towards the ROE, and the negative significance of Size towards the ROE.https://rjoas.com/issue-2019-01/article_45.pdfWorld CPO pricemacroeconomicscapital structureoil palmreturn on equityreturn on assets |
spellingShingle | Mubarok I.Z. Hartoyo S. Maulana T.N.A. THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES Russian Journal of Agricultural and Socio-Economic Sciences World CPO price macroeconomics capital structure oil palm return on equity return on assets |
title | THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES |
title_full | THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES |
title_fullStr | THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES |
title_full_unstemmed | THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES |
title_short | THE EFFECTS OF THE WORLD CPO PRICES, MACROECOMONY, AND CAPITAL STRUCTURES ON THE PROFITABILITY OF PALM OIL COMPANIES |
title_sort | effects of the world cpo prices macroecomony and capital structures on the profitability of palm oil companies |
topic | World CPO price macroeconomics capital structure oil palm return on equity return on assets |
url | https://rjoas.com/issue-2019-01/article_45.pdf |
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