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Jurnal Manajemen dan Agribisnis

jmagr
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Published by Institut Pertanian Bogor

ISSN : 16935853 EISSN : 24072524 DOI : -

Core Subject : Economy, Agriculture,

Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance

Jurnal Manajemen & Agribisnis memuat informasi hasil kegiatan penelitian, pemikiran konseptual dan review bidang ilmu manajemen agribisnis. Jurnal ilmiah ini diterbitkan oleh Program Studi Manajemen dan Bisnis, Sekolah Pascasarjana, Institut Pertanian Bogor bekerjasama Perhimpunan Ekonomi Pertanian Indonesia (PERHEPI).

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Articles 10 Documents

Search results for , issue "Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019" : 10 Documents clear

THE EFFECT OF BOND CHARACTERISTICS, FINANCIAL PERFORMANCE AND MACRO VARIABLES ON RETURN OF CORPORATE BOND IN THE AGRIBUSINESS SECTOR Dewi Kusumaningrum; Lukytawati Anggraeni; Trias Andati
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

There are several reasons why companies choose to issue bonds rather than borrowing from banks. Interest paid by companies to bond investors is often lower than the interest rate charged by the bank, but still at least bond issuance from the agricultural sub-sector and chooses to lend to the bank. The purpose of this study is to analyze the influence of bond characteristics, financial performance and macroeconomic return on corporate bonds in the agribusiness sector. This study uses a panel data regression method consisting of 12 bonds with the vulnerable time between 2014-2015 \quarterly. Based on the panel data model shows that the characteristics of bonds (yield to maturity, coupon, rank, and duration), financial performance (CFOS) and macroeconomics (IHSG) have a significant effect on the return of bonds. The Company should consider the amount of bond yield and coupon to be issued and pay attention to financial performance, especially cash flow and capital expenditure (capital expenditure). Keywords: agribusiness sector, bonds, characteristics, performance, macroeconomics

THE EFFECT OF ADOPTION OF INNOVATION ON THE PERFORMANCE OF MICRO AND SMALL ENTREPRISES OF DRIED FISH PROCESSING IN BENGKULU CITY January Rizki; Heni K Suwarsinah; Wahyu Budi Priatna
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

This research aimed to analyze the influence of the characteristics of innovation, internal and external factors to the adoption of innovation and analyze the influence adoption of innovation on the performance of small micro enterprises (MSEs) processing of dried fish in the city of Bengkulu. The influence of the adoption of innovation and the factors that influence the performance of the analysis was done by using SEM (Structural Equation Model). The results showed that the innovation of dried fish processing in Bengkulu City, which is the use of para-para tool and packaging, has the characteristics of relative advantages, compatibility, complexity, trialability, and good observability. Innovation has a low level of complexity by a simpler way of usage than others. Individual characteristics of dried fish artisans have a significant positive effect on the adoption of innovation. The largest contributing variable that reflects individual characteristics is training. The business characteristic variable does not affect the adoption of innovation because of the increasing characteristics of the business requirements, which demands better innovation from the current ones. The environmental drive variable has no significant effect on the adoption of innovation. Although high competition variables reflect environmental variables, competitors from outside the region have their own market share. Government support variables have a significant positive effect on the adoption of innovation. The adoption of innovation has a significant effect on the performance of dried fish processing MSEs in Bengkulu City, where the para-para indicator has bigger contribution than the packaging and the productivity variable has a bigger effect than the sales in reflecting the performance variable of MSE’s dried fish processing in Bengkulu City. Keywords: characteristics of innovation, adoption of innovation, business performance, SEM, MSE

EVALUATION OF BUD CHIP METHOD TO INCREASE SUGARCANE PRODUCTIVITY (CASE STUDY OF PT PERKEBUNAN NUSANTARA X) Ahmad Zainuddin; Rudi Wibowo; Intan Kartika Setyawati
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Bud chip method has proven to improve the productivity of sugarcane and produce more efficient, but still a few farmers who use it. This is due to higher production costs and sugarcane farmers are still not technically skilled. This study aimed to analyze the technical efficiency of sugarcane farming with conventional methods and bud chips in the PTPN X and to identify the factors underlying the farmers to use methods of bud chips in the PTPN X. The number of samples used as many as 31 farmers (11 farmers sugarcane bud chip method and 20 sugarcane farmers mule method). This study uses a stochastic frontier production function approach with Stochastic Frontier production function Cobb Douglas and using a logistic regression model. The results showed the value of technical efficiency index sugarcane growers with bud chip method is efficient (TE = 0.98) whereas the sugarcane farmers who use mule systems have not been efficiently categorized (TE= 0.78). Bud chip method has been proven can improve technical efficiency because it can result in higher productivity. The underlying things that make farmers choose the bud chip method are extensive cultivation, education level and ease of sugarcane cultivation with the bud chip method. Therefore, sugarcane productivity in PTPN X can be increased through the use of the bud chip method accompanied by an increase in sugarcane land area and training for farmers. Keywords: technical efficiency, sugarcane farming, bud chip

DYNAMIC SYSTEM MODEL OF RICE SELF SUFFICIENCY TOWARDS FOOD SECURITY Trista Fristovana; Musa Hubeis; Eko Ruddy Cahyadi
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Food security is the condition of fulfilling individual food that is sufficient, safe, equitable and affordable. The main target of fulfilling food sufficiency is dominated by rice self-sufficiency. Rice self-sufficiency is important because it has special reasons in terms of politics and social economy. The sustainability of rice self-sufficiency faces many challenges because domestic rice supply growth is not as fast as rice use. The purpose of this study is to simulate the scenario of achieving self-sufficiency in rice and formulating policy recommendations for developing management to achieve self-sufficiency in rice. Research data includes primary and secondary data. This research uses a dynamic system approach. Simulations carried out from 2018-2045. The simulated policy is intensification, extensification, suppression of postharvest losses and Indonesia a self-sufficiency country as well as an exporter of rice (scenario five), but the policy requires a very large budget. Scenario six, a combination of intensification, suppression of postharvest losses and land conversion becomes an alternative operational policy and is most likely to be applied. Land conversion is the biggest determinant in rice self-sufficiency. Recommendations address for the government include: (1) establish and protect longterm rice fields, (2) identify and map of areas that have the potential for the development of a periodic expansion of food crops; (3) guarantee the availability of agricultural facilities and infrastructure in accordance with the selected policy, both in the form of the application of scenario six and scenario five. Keywords: dynamic system, food security, policy, rice, self-sufficiency

IDENTIFICATION OF STAKEHOLDERS' ROLE IN THE SOCIAL ENTREPRENEUR OF SEA CULTIVATION OF VANAME SHRIMP (Litopenaeus vannamei) Luthfa Jamilah; Mukhamad Najib; Kirbrandoko
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Mariculture of vaname shrimp, which is based on the social entrepreneur, is one of the strategies to improve the coastal welfare community. This concept focuses on enhancing the community's economy and environmental sustainability. To succeed in the business, an active role and stakeholder involvement is needed. This study aims to identify and map the role of stakeholders that influences business activities. Data analysis is carried out descriptively based on the results of identification, the typology classification, and the analysis of Dependence Mapping. The results of the study state that the role of stakeholders is divided into the internal and the external. The typology classification shows the educational institutions expect the role of definite owned by the group leader, the research and suppliers, the latent-discretionary by operational and marketing executives, the expected-dangerous by local governments, provincial governments and community leaders, the latent-dormant by the mass media and NGOs, the latent-discretionary by private companies, the latent demanding by financial institutions and MSMEs, and the expected-dependent by end consumers. The groups of stakeholders that influence the business are 1) High Interdependence consisting of group leaders, operational executors, finance and marketing, suppliers and private companies, and 2) Power Stakeholders consisting of end consumers, community leaders, local governments, educational and research institutions. Keywords: social entrepreneur, stakeholder, vaname, dependence mapping

THE IMPACT OF TAPIOCA IMPORT ON CASSAVA PRICES IN THE DEVELOPMENT OF TAPIOCA INDUSTRY IN INDONESIA Luriana Taslim; Amzul Rifin
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Indonesian governments needed to import tapioca because Indonesia’s tapioca production was unable to meet the high domestic demand. The presence of imported tapioca made it hard for the local tapioca industry to compete. In the development of the tapioca industry, cassava price holds an important role as it is the main component in tapioca production. It is also an important element in determining cassava farmers’ income. This study aimed to analyze the impact of tapioca import policy on Indonesia’s cassava price determination and to formulate a proposal of tapioca industry development involving cassava prices. The Error Correction Model was used in this study with monthly time series data collected from January 2011 until December 2016. Results showed that the import of tapioca does not affect Indonesia’s cassava price either in the short-term or long-term. However, the price and value of imported tapioca affected Indonesia’s cassava prices. The government has to keep cassava prices low to boost tapioca industry growth. In order to keep getting a high income when the prices are low, cassava farmers need to increase their cassava production and productivity, which can be achieved through extensification and intensification programs. Keywords: tapioca industry, tapioca import, price determination, cassava, ECM

THE EFFECT OF EMPOWERMENT AND EMPLOYEE ENGAGEMENT ON JOB SATISFACTION, ORGANIZATIONAL COMMITMENT AND ITS IMPACT ON PERFORMANCE OF PTPN V Dedi Sulistiono; Aji Hermawan; Anggraini Sukmawati
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

The study aims to test and empirically prove the effect of empowerment and employee engagement on job satisfaction and organizational commitment and its impact on performance at PT Perkebunan Nusantara V. The study focused on employees who worked in the plantation area, especially those in the afdeling PT Perkebunan Nusantara V Riau. Afdeling or division is the smallest unit of the plantation management, which is an administrative area that manages agronomic plantations with an area of between 500-1000 hectares. The sample in this study were 360 respondents who are staff employees and non-staff employees at the supervisor level. The research sample was taken by purposive sampling. Data was collected by providing questionnaires and interviews, then analyzed using descriptive analysis and processed using the Structural Equation Model (SEM) with Partial Least Square (PLS) programs. The latent variables in this study are empowerment, employee engagement, job satisfaction, organizational commitment and performance. The results of this study indicated that: (1) empowerment has no significant effect on job satisfaction (2) empowerment has no significant effect on organizational commitment; (3) employee engagement has a significant effect on job satisfaction (4) employee engagement has a significant effect on organizational commitment; (5) job satisfaction has no significant effect on performance; and (6) organizational commitment has no significant effect on performance. Keywords: empowerment, employee engagement, job satisfaction, organizational commitment, performance

HOW TO COMMUNICATE LIVESTOCK HAZARD? AN APPROACH TO IMPROVE FARMERS’ RISK PREPAREDNESS Roni Jayawinangun; Dikky Indrawan; Deddy Cahyadi Sutarman
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

Poultry industry is faced with a relatively high risk especially for small scale poultry farmers. Therefore, preparedness is needed to deal with risks. Communication in poultry is s essential. Its shown by one of the strategies of national preparedness for facing influenza pandemic, namely communication, information, and education (risk communication). Communication can improve the level of knowledge of farmers. The perceived needs of farmers that emerged include knowledge for a broader implementation of essential biosecurity. This paper aims to find out the standard form of small scale farmers communication with stakeholder and the impact of communication to improve farmers' risk preparedness. The selection of respondents used convineince sampling techniques to 33 farmers. Data analysis used descriptive analysis to found preparedness and communication that is done to reduce hazards. This study found that access communication farmers are Technical Support and Nucleus with two communication approaches, such as technical guidance and personal explanation. The contents of the communication consist of poultry health management, productivity, medicine, biosecurity, cleanliness the cage, and good farming practice. In general, small-scale farmers' preparedness activities in the Bogor district are limited to cleaning the cage regularly and cleaning cage after harvesting. Farmer with more communication activities has a positive impact on preparedness to face risks, especially related to restricting cage access, awareness of cage hygiene, and vaccination. Keywords: preparedness, hazard, livestock, communication

A PUSH AND PULL INTERVENTION TO CONTROL AVIAN INFLUENZA: A LESSON LEARNED FROM THE WESTERN JAVA POULTRY SECTOR Dikky Indrawan; Arjan Stegeman; Arief Daryanto; Henk Hogeveen
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

HPAI H5N1 is considered endemic in Indonesian poultry and poses a major challenge to animal and human health authorities. The complex structure of the Indonesian poultry meat value chain is an important reason for the limited efficacy of HPAI control in Indonesia so far. The paper objective is to describe how to implement a push-and-pull strategy in the poultry supply chain to control HPAI infection in Western Java. More specifically, this study investigates the poultry value chain in Western Java in relation to consumers’ behavior and governance of the value chain. Implementation of biosecurity and HPAI control measures was strongly related to the governance structure of the chain, with interactions that accentuating the risk of HPAI. In conclusion, a push strategy, as an incentive mechanism, should be designed in such a way that it pays attention to the interactions between actors in a value chain and their impact on introduction and transmission of disease. Moreover, a pull strategy as an incentive mechanism for consumers forcing producers to improve their production environment into higher levels of biosecurity is expected to be less effective than a push strategy targeting producers. Keywords: avian influenza, biosecurity, consumer preferences, willingness to pay, a push and pull strategy

COMPARATIVE ANALYSIS OF PADDY AND OIL PALM FARM INCOME IN TANJUNG JABUNG TIMUR REGENCY Junita Purba; Dompak Napitupulu; Yusma Damayanti
Jurnal Manajemen & Agribisnis Vol. 16 No. 3 (2019): JMA Vol. 16 No. 3, November 2019
Publisher : School of Business, Bogor Agricultural University (SB-IPB)

This research aims to analyze the cost and net income of wetland paddy and palm oil smallholder farming in Tanjung Jabung Timur Regency. The subjects of this research were rice and oil palm smallholder farmers particularly palm oil farmers who were recorded to perform functional shift of land use such as from rice to palm oil. The primary data obtained through interviews with rice and oil palm smallholder farmers in research areas, and secondary data collected from various offices and related agencies. Data analyzes used quantitative descriptive methods. The results showed that net income of oil palm farming was significantly greater than net income of rice farming per ha per year. A lower income from rice farming activity was caused by a higher production cost due to higher labor costs compared to oil palm farming. Keywords: farm management, rice farming, oil palm, cost, farm income

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