Pengaruh harga cpo dunia, makroekonomi, struktur modal terhadap profitabilitas perusahaan kelapa sawit

Mubarok, Imam Zaky (2019) Pengaruh harga cpo dunia, makroekonomi, struktur modal terhadap profitabilitas perusahaan kelapa sawit. Masters thesis, Institut Pertanian Bogor.

Preview	Text K19020-01-Mubarok-Cover.pdf - Published Version Download (421kB) | Preview
Preview	Text K19020-02-Mubarok-Ringkasan.pdf - Published Version Download (288kB) | Preview
Preview	Text K19020-03-Mubarok-Summary.pdf - Published Version Download (408kB) | Preview
Preview	Text K19020-04-Mubarok-Daftarisi.pdf - Published Version Download (680kB) | Preview
Preview	Text K19020-05-Mubarok-Pendahuluan.pdf - Published Version Download (1MB) | Preview
	Text Tesis full.pdf Restricted to Registered users only Download (1MB)

Abstract

Agriculture is the primary sector in Indonesia, plantation as one of the subsector of agriculture contributed 3.45 percent of the GDP. Palm oil gained the first rank in the prime plantation commodity which contributed in Indonesia’s economy through exports than other commodity. There was a phenomenon where the CPO commidity price experienced its lowest rank until percen for the last five years. Another external factor which could affect the companies’ financial performances was Indonesia’s macroeconomy, such as exchange rate, interest rate and inflation rate and internal factor will be analyse the effects of the world CPO prices, macroeconomys condition and capital structure to profitability of palm oil companies. The population of this research is oil palm company, based on the criteria there are 7 companies which are the research samples. Data source of world CPO prices for the three months were obtained from index mundi, data source of the exchange rate of the rupiah against the dollar, the interest rate, the inflation rate obtained from Bank Indonesia. Data source of total debt to total assets, total debt to total assets, size, growth and sales growth obtained from financial report. The profitability used return on equity and return on assets from the financial report of palm oil companies which listed on the Indonesia Stock Exchange for period 2012 to 2017. This study uses panel data regression analysis with the Fixed Effect Model to determine the external and internal factors of ROE and ROA in the palm oil subsector. The estimated doubled linear regression would result on the positive significance of the world CPO prices towards the ROE and ROA, the negative signifiance of the inflation rate towards the ROE, the negative significant of Debt to total Assets towards ROE and ROA, the positive significance of Growth towards the ROE, and the negative significance of Size towards the ROE and ROA.

Item Type:	Thesis (Masters)
Uncontrolled Keywords:	harga CPO dunia, makroekonomi, profitabilitas, struktur modal, Return on Equity, ROE, Return On Asset, world cpo price, macroeconomics, profitability, capital structure
Subjects:	Manajemen Keuangan
Depositing User:	SB-IPB Library
Date Deposited:	18 Jun 2019 03:07
Last Modified:	18 Jun 2019 03:32
URI:	http://repository.sb.ipb.ac.id/id/eprint/3356

Actions (login required)

View Item