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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Main Authors: Mubarok I.Z., Hartoyo S., Maulana T.N.A.
Format: Article
Language:English
Published: iVolga Press 2019-01-01
Series:Russian Journal of Agricultural and Socio-Economic Sciences
Subjects:
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.
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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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