scholarly journals The performance measurement and productivity change of agro and food industry in the stock exchange of Thailand

2018 ◽  
Vol 64 (No. 2) ◽  
pp. 89-99
Author(s):  
Pongpanich Rapee ◽  
Peng Ke-Chung ◽  
Wongchai Anupong
Keyword(s):  
Performance Measurement ◽  
Food Industry ◽  
Raw Materials ◽  
Stock Exchange ◽  
Malmquist Index ◽  
Productivity Change ◽  
Context Dependent ◽  
The Government ◽  
Economic Tools ◽  
Industry Sectors

At present, the agro and food industry has a high influence to farmers in Thailand. Most of the raw materials of agriculture are sent to its manufactoring. This industry has an important role to raise the growth of the Thai economy. The main objective of the paper is to study the production trends and ability operations of the agro and food industry by using economic tools analyse two sub-industry sectors. The paper reviewed literatures on the performance measurement and productivity change of the business sector to obtain the relative variables and optimal methodology. The paper designed to use the panel data of the agro and food industry during the period 2011–2014. The Slacks-based Measure context-dependent Data Envelopment Analysis (SBM context-dependent DEA) was used to analyse the efficiency and ability in the Decision Making Units (DMUs) by employing the attractiveness and progress score. Moreover, the Malmquist index was used to demonstrate the change of the total productivity of this industry. Therefore, the empirical results of the paper can help the companies inside and outside the stock exchange of the agro and food industry to realize the performance level and benchmark leading to the improvement of their operation. Moreover, they help the government to develop its policy and to understand the character of the sub-industry sectors and the productivity trend in this industry.

Productive Performance Analysis in Taiwan Energy Companies: Application of DEA Malmquist Index

2012 ◽  
Vol 616-618 ◽  
pp. 1354-1357 ◽  
Author(s):  
Wen Bin Liu ◽  
Anupong Wongchai ◽  
Darunee Yotimart ◽  
Ke Chung Peng
Keyword(s):  
Energy Efficiency ◽  
Technical Efficiency ◽  
Stock Exchange ◽  
Malmquist Index ◽  
Efficiency Score ◽  
Productivity Change ◽  
Taiwan Stock Exchange ◽  
The Government ◽  
Distinguished Research ◽  
Energy Companies

Taiwan has actively promoted the strategy of energy efficiency for all companies and organizations. The government has set a target of energy efficiency of 33% by 2025. This research applied DEA malmquist index to assess technical efficiency, and to reveal trends of productivity change in Taiwan energy companies. The DEA malmquist index is a distinguished research method using to measures productivity change over time period. The proposed method can be decomposed into two components, technical change and technological change. A panel data was collected from Taiwan Stock Exchange Market recorded 2008-2011. The research was illustrated with financial data of selected companies, and their productivity was carefully analyzed. The empirical results showed that the technical efficiency of five energy companies performed efficiently with the highest score of 1.000. An average technical efficiency score was pretty high with 0.938. Moreover, trend in productivity change regressed due lack of technological improvement.

scholarly journals Constraints of Small and Medium Food Industry to Take Advantage of Domestic Market Opportunities during the Covid-19 Pandemic

2021 ◽  
Author(s):  
Stefanus Yufra M. Taneo ◽  
Sunday Noya ◽  
Etsa Astridya Setiyati ◽  
. Melany
Keyword(s):  
Food Industry ◽  
Raw Materials ◽  
Public Awareness ◽  
Domestic Market ◽  
Economic Recovery ◽  
High Price ◽  
Market Demand ◽  
Great Opportunity ◽  
Market Opportunities ◽  
The Government

The small and medium-sized food industry (SMFI) has a great opportunity to meet domestic market demand during the Covid-19 pandemic but there are various obstacles. This paper aims to present the constraints faced by SMFIs, especially concerning raw materials and marketing, in taking advantage of domestic market opportunities, and proposes alternative solutions. The study was conducted on four SMFIs that produce functional food in Malang Regency. Data were collected through in-depth interviews. The results showed that the demand for functional foods such as garlic, ginger, turmeric and fruits increased during the Covid-19 pandemic, which seemed to be related to public awareness about increasing immunity. However, the obstacles faced by SMFIs were the high price of raw materials due to limited supply, and limited marketing because they did not have distribution licenses from BPOM. Information about the process and BPOM’s distribution permit requirements was very limited for SMFI managers, and large capital was needed to fulfill the requirements of Good Manufacturing Practices. Therefore, SMFIs should have long-term cooperation with farmers to ensure the availability of raw materials; build networks and maintain cooperation with customers; and utilize credit for MSMEs in the economic recovery program provided by the government to meet the GMP requirements in BPOM’s distribution permit. The government should conduct intensive outreach to SMFI managers about the process and requirements for distribution permits from BPOM, credit facilities, and other policies related to economic recovery during the Covid-19 pandemic. Keywords: small and medium food industry, domestic market, Covid-19 pandemic, BPOM

scholarly journals Pengaruh Size, Age, Profitability, Leverage dan Sales Growth Terhadap Tax Avoidance

2018 ◽  
Vol 19 (1) ◽  
pp. 10 ◽  
Author(s):  
Amanda Dhinari Permata ◽  
Siti Nurlaela ◽  
Endang Masitoh Wahyuningsih
Keyword(s):  
Total Population ◽  
Stock Exchange ◽  
Tax Avoidance ◽  
Sampling Technique ◽  
Sales Growth ◽  
Tax Amnesty ◽  
Analysis Technique ◽  
The Government ◽  
Industry Sectors ◽  
The Impact

The purpose of this study was to examine the effect of Size, Age, Profitability, Leverage, Sales Growth on Tax Avoidance. The population which is the object of this research is the basic and chemical industry sectors listed on Indonesia Stock Exchange (BEI) in 2012 - 2016. The total population of 68 companies, this study obtained by purposive sampling technique which then resulted in 32 research samples for further investigation. The analysis technique used is logistic regression analysis. Based on data analysis and discussion can be concluded that Size, Age, Profitability, Leverage, and Sales Growth has no effect on Tax Avoidance. This means that the government succeeded in conducting Tax Amnesty program which has the impact of the company will not do Tax Avoidance

scholarly journals Karakteristik Perusahaan dan Struktur Kepemilikan Sebagai Determinan Struktur Modal, Kinerja Keuangan, serta Nilai Perusahaan

2019 ◽  
pp. 184
Author(s):  
Ida Bagus Purbawangsa ◽  
I Wayan Suana
Keyword(s):  
Firm Value ◽  
Raw Materials ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Population Data ◽  
Company Value ◽  
The Government ◽  
The Stability ◽  
New Consumer

The purpose of this study was to determine the determinants of company characteristics and ownership structure as drivers, improvement of capital structure, financial performance, and firm value in consumption companies on the Stock Exchange. Population data in this study are all consumption companies that have gone public in the period of 2009 to 2016. The selection and determination of the sample in this study was conducted based on purposive sampling technique, namely the technique of sampling which was intentionally based on the criteria set by the researcher. Precise Judgment Sampling, where the sample chosen uses certain criteria that must be in accordance with the research objectives. Consumption companies are very  important companies. Companies that are able to  help  move the economy, help the government, create many jobs, but there are still many raw materials depending on imported materials. The government is expected to be able to make policies that  can  maintain  Macroeconomics, especially  the  stability  of  the  rupiah.  Improving infrastructure that can have an efficient impact on the distribution of goods and opening new consumer opportunities. Keywords: company characteristics, company value, investor  

scholarly journals The performance measurement of listed companies of the agribusiness sector on the stock exchange of Thailand

2017 ◽  
Vol 63 (No. 5) ◽  
pp. 234-245
Author(s):  
Pongpanich Rapee ◽  
Peng Ke-Chung ◽  
Maichum Kamonthip
Keyword(s):  
Performance Measurement ◽  
Agricultural Production ◽  
Stock Exchange ◽  
Listed Company ◽  
Listed Companies ◽  
Dependent Data ◽  
Data Envelopment ◽  
Performance Measurements ◽  
Stock Exchange Of Thailand ◽  
Context Dependent

Listed companies in the agribusiness sector of the stock exchange play a key role in driving the economic system of Thailand. They have an important role in terms of being the producers of agricultural commodities by covering all products from the upstream to downstream. The performance measurements of listed companies contain important information for forecasting the trends of agricultural production and yield. The paper studied and considered much of the literature on the performance measurement of organizations to look for relative variables and the optimal methodology. The study used panel data from 2011–2014, which collected the listed annual companies’ statements. The aim of the study was to employ the Slacks Based Measure context-dependent Data Envelopment Analysis (SBM context-dependent DEA) for evaluating the efficiency in Decision Making Units (DMUs). The SBM context-dependent DEA was used to measure the performance of listed companies by employing attractiveness and progress scores. The results showed that when a listed company has a higher attractiveness and lower progress score, it has a better performance than its competitors and does not need to improve its efficiency. Therefore, the empirical results of the study can help farmers and governments to realize the trends of agricultural productivity and also help the listed companies to understand the characteristics of their competitors, leading to improvements in their organizations.  

scholarly journals KEPEMILIKAN ASING DAN KECENDERUNGAN EKSPOR-IMPOR INDUSTRI MAKANAN OLAHAN INDONESIA

2020 ◽  
Vol 14 (1) ◽  
pp. 47-74
Author(s):  
Dahlia Nauly ◽  
Harianto ◽  
Sri Hartoyo ◽  
Tanti Novianti
Keyword(s):  
Cross Section ◽  
Food Industry ◽  
Raw Materials ◽  
Foreign Ownership ◽  
Raw Material ◽  
Foreign Firms ◽  
Processed Food ◽  
The Government ◽  
The Impact ◽  
Positive Effect

Abstrak Sektor makanan olahan merupakan salah satu andalan ekspor nonmigas Indonesia. Salah satu upaya untuk meningkatkan ekspor produk makanan olahan Indonesia adalah dengan melibatkan pihak asing agar menanamkan modalnya pada industri makanan olahan. Di sisi lain kepemilikan asing masih menjadi perdebatan di Indonesia. Pembatasan kepemilikan asing dilakukan untuk melindungi perusahaan domestik. Tujuan penelitian ini menganalisis dampak kepemilikan asing terhadap kecenderungan ekspor output dan impor bahan baku perusahaan makanan olahan Indonesia. Data yang digunakan adalah data cross section hasil Survei Tahunan Industri Besar dan Sedang tahun 2010 dan 2015 dari Badan Pusat Statistik. Penelitian ini menggunakan analisis model Tobit. Hasilnya menunjukkan bahwa kepemilikan asing berpengaruh positif terhadap kecenderungan ekspor makanan olahan. Pengaruh besarnya porsi kepemilikan asing bergantung pada kebijakan substitusi impor atau promosi ekspor yang diterapkan pemerintah. Kepemilikan asing juga berpengaruh positif pada kecenderungan impor bahan baku makanan olahan. Oleh sebab itu, untuk meningkatkan ekspor makanan olahan pemerintah perlu mendorong investasi asing di industri makanan olahan. Upaya untuk mengurangi impor bahan baku oleh perusahaan asing dapat dilakukan dengan mendorong penyediaan bahan baku lokal yang kompetitif dari segi harga dan kualitas.   Abstract The processed food sector is one of the contributors to Indonesia's non-oil and gas exports. One of the efforts to increase Indonesian processed food products export is by involving foreign parties to invest in the processed food industry. On the other hand, foreign ownership is still debated in Indonesia. Restrictions on foreign ownership are often done to protect domestic companies. This study aims to analyze the impact of foreign ownership on processed food export and raw material import propensity of Indonesia's processed food. The data used are the cross-section data from 2010 and 2015 Large and Medium Industry (IBS) from Statistics Indonesia. The Tobit regression model is utilized in this research. The results show that foreign ownership has a positive effect on processed food export propensity, but the large share of foreign ownership depends on the policies adopted by the government, whether import substitution or export promotion. Foreign ownership also has a positive effect on raw material import propensity. Therefore, to increase exports of processed food, the government needs to encourage foreign investment in the processed food industry. To reduce imports of raw materials by foreign firms is carried out by encouraging the domestic supply of raw materials, which is competitive in price and quality. JEL Classification: F14, F23, O53

scholarly journals Cluster analysis of selected world development indicators in the fields of agriculture and the food industry in European Union countries

2018 ◽  
Vol 64 (No. 5) ◽  
pp. 197-205 ◽  
Author(s):  
Marian Reiff ◽  
Zlatica Ivanicova ◽  
Kvetoslava Surmanova
Keyword(s):  
Crop Production ◽  
Food Industry ◽  
Raw Materials ◽  
Value Added ◽  
Production Index ◽  
Development Indicators ◽  
The Individual ◽  
Agriculture And Food ◽  
Industry Sectors ◽  
The Given

The paper analyses the disparity in the performance of the agriculture and food industry sectors in EU countries during the period from 2002 to 2013, and identifies significant differences between countries as well as the dynamics of change. The individual countries are clustered according to the long-term average of the World Bank collection of development indicators such as agricultural raw materials exports, agricultural raw materials imports, crop production index, food production index, livestock production index, cereal yield, agriculture value added and agriculture value added per worker. The analysis reveals convergence in the given period and identifies significant differences in the indicator of agriculture value added per worker at the end of the analysed period.

Designing a Transparent Distributed Systems for Halal Supply Chains Using Blockchain Technology

2020 ◽  
Vol 3 (2) ◽  
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Distributed System ◽  
Food Industry ◽  
Raw Materials ◽  
Materials Processing ◽  
Blockchain Technology ◽  
Halal Food ◽  
The Government ◽  
Centralized System

Halal food is food in which its halalness status is regulated by a shariah institution, which is normally designated by the government. The halal status of food should be traced starting from raw materials, processing, packaging, transportation and distribution processes to end consumers. This is to make sure that halal food is free from any contamination that may change its halal status. The problem is the difficulty of tracing halal food along the supply chain as the supply chain information from the upstream to downstream in the food industry is not transparent. Currently, food tracking systems are a centralized system, where information about food status is only available to those who control the information. To improve the transparency of the food status and to increase trust from customers, a distributed and transparent system, where many parties can access the food status any time, is needed. Blockchain technology can be applied to help track the halalness status of food along its supply chain. As blockchain is inherently distributed and transparent, hence a distributed system can be developed by incorporating blockchain technology for tracking food status. This paper proposes a distributed system for tracing halal food along its supply chains using blockchain technology. This system is expected to support transparency, neutrality.

PEMETAAN TEKNOLOGI INDUSTRI KELAPA SAWIT NASIONAL DAN KEBIJAKAN PENGEMBANGANNYA

2013 ◽  
Vol 13 (1) ◽  
Author(s):  
Subiyanto Subiyanto
Keyword(s):  
Palm Oil ◽  
Government Policy ◽  
Value Chain ◽  
Raw Materials ◽  
Value Added ◽  
Oil Industry ◽  
Missing Value ◽  
Technology Capability ◽  
The Government

Palm oil industry in Indonesia has been growing rapidly. But, unfortunately the growth is only effective on upstream industry with low value products, such that potential downstream value added are not explored proportionally. The government is therefore in the process of developing an appropriate policy to strengthen the national palm oil downstream industry. This paper proposes that an approriate policy for developing palm oil downstream industry could be derived from the maps of value chain and existing technology capability of the industry. The result recommends that government policy should emphasize on the supply of raw materials, infrastructure and utilities, as well as developing the missing value chain industry, especially ethoxylation and sulfonation.

Technology and Formation Improvement of Consumer Properties of Cold Appetizers from a Silver Carp in the Roll Form

Food Industry ◽  
2019 ◽  
Vol 4 (4) ◽  
pp. 14-22
Author(s):  
Olesya Sergeevna ◽  
Adelya Bekesheva
Keyword(s):  
Fatty Acids ◽  
Food Industry ◽  
Raw Materials ◽  
Silver Carp ◽  
Essential Amino Acids ◽  
Development Stage ◽  
Roll Forming ◽  
Fish Gelatin ◽  
Organoleptic Characteristics ◽  
Food Value

At the present development stage of fish culinary production special significance has range expanding and technology improving for the following purposes: the available fish resources use; the organoleptic characteristics improvement and the nutritional value and competitiveness increase of products manufactured at the enterprises of the food industry. This study concerns the technology and the consumer properties formation improvement of cold appetizers from silver carp in the form of a roll. Unlike traditional the developed products consist of fillet of a bighead silver carp on a skin and an original stuff from egg, vegetables and mushrooms. The researchers conducted study using conventional and special methods. They recommended to introduce gelatin in a dry powdered at the stage of roll forming form in a recipe of the developed fish rolls. A man tested fish gelatin as anew consistency regulator of the developed products. The traditional and fish gelatin use allows to increase the yield of fish cold appetizers in the form of a roll by 8.0 %. When adding gelatin, there was an improvement in consistency and sensory perception of the product as a whole. The analysis results of biological value showed that the developed dishes, being an important additional source of protein and essential amino acids such as threonine, lysine, valine, may well improve the ration balance. The fatty acids ratio in fish rolls prepared according to new recipes is close to the ideal fat in the ratio of saturated, monounsaturated and polyunsaturated fatty acids (35:45:20) and is determined mainly by the composition of fatty acids in silver carp fat. The developed production will allow to expand the range of the food industry enterprises by cold fish appetizers of high quality and food value from available fish raw materials.

Sign in / Sign up

Export Citation Format

Share Document