International Journal of Organizational Business Excellence (IJOBEX)
Vol. 3 No. 1 (2020): June 2020

THE FACTORS AFFECTING EFFICIENCY OF CRUDE PALM OIL IN INDONESIA PALM OIL INDUSTRY

Yuli Eni (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)
Christy Agustina (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)
Metta Merlinna (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)
Risya Bella (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)
Roberto M. Arguelles (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)
Sheryl Satorre-Estella (Management Department, BINUS Business School Undergraduate, Bina Nusantara of University, Indonesia)



Article Info

Publish Date
10 Mar 2021

Abstract

This research aim is to determine the factors affecting efficiency of crude palm oil (CPO) in Indonesia by using simpleregression (T-partial) and multiple regression (F-simultaneous) analysisthrough EViewssoftware. The results of this study indicate that partially is the independent variables that affecting Crude Palm Oil (Y) with a T-Statistic value greater than T table (1.65) are the total concession (7.214855), issued capital(2.087724), total investment (6.538604) andtotal employees (5.167861) with an alpha value of 0.05. While simultaneously,the independent variables that affecting the dependent variable are total concession, authorized capital, issued capital, paid up capital, total investment, total employees with F-statistic value of 16,65554, F table value of 1.94 with alpha value of 0.05 . Therefore, the palm oil industry in Indonesia can improveefficiency and production through maximum use of total concession inputs, issuedcapital, total investment and total employees.

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Journal Info

Abbrev

ijobex

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

The scope of this journal includes, but not limited to: 1. Leadership for performance excellence 2. Strategic Planning for performance excellence 3. Customer and market focus for performance excellence 4. Information, measurement, knowledge management, and information technology for performance ...