scholarly journals The effect of COVID-19 in European union on the performance of Indonesian publicly listed palm oil companies

Accounting ◽  
2021 ◽  
pp. 801-808
Author(s):  
Hansen Tandra ◽  
Arif Imam Suroso ◽  
Mukhamad Najib ◽  
Yusman Syaukat
Keyword(s):  
European Union ◽  
Palm Oil ◽  
Stock Exchange ◽  
Oil Industry ◽  
The European Union ◽  
Oil Companies ◽  
Industry Performance ◽  
Oil Palm Industry ◽  
The Impact

One of the leading industries that affect economic growth in Indonesia is the palm oil industry. The role of this industry depends on the level of exports from European Union countries. Based on the COVID-19 pandemic situation, international trade activities are hampered and could affect industry performance from a stock perspective. Therefore, this study aims to explore the impact of the COVID-19 cases that occurred in the European Union and related macroeconomic variables on the stock performance of the oil palm industry in Indonesia. This research also examines the impact of COVID-19 on certified sustainable companies and companies that are not certified. Panel regression was applied in this study with Eviews 11 Software.This research's observations are 13 palm oil companies in Indonesia which are listed on the Indonesia Stock Exchange (IDX) from March 2, 2020, to August 31, 2020. This study's results reveal that the world CPO prices and market capitalization affect the activities shares of palm oil companies in Indonesia.Meanwhile, from the grouping of certifications within companies, the impact of COVID-19 in the European Union was more substantial on companies that were certified as sustainable. Based on these results, The COVID-19 case in the European Union must be a concern for palm oil companies in Indonesia.

The Impact of Nontariff Trade Policy of European Union Crude Palm Oil Import on Indonesia, Malaysia, and the Rest of the World Economy: An Analysis in GTAP Framework

2020 ◽  
Vol 9 (1) ◽  
pp. 39-52
Author(s):  
Rozy A. Pratama ◽  
Tri Widodo
Keyword(s):  
European Union ◽  
Palm Oil ◽  
Computable General Equilibrium ◽  
Negative Impact ◽  
Trade Policies ◽  
The European Union ◽  
The World ◽  
Trade Analysis ◽  
Global Trade Analysis Project ◽  
The Impact

Indonesia and Malaysia are the largest producers and exporters of palm oil in the world vegetable oil market. Palm oil and its derivative products are the highest contributors to foreign exchange in 2018. This study aims to analyze the impact of the European Union import non-tariff trade policies on the Indonesian and Malaysian economies The analysis uses the Computable General Equilibrium (CGE) model of world trade on the Global Trade Analysis Project (GTAP) program. The results of this study found that the non-tariff import policy by the European Union had a negative impact on the economies of Indonesia and Malaysia. Moreover, the policy also has a negative impact on countries in Southeast Asia and the European Union. This shows that the enactment of non-tariff import trade policies for Indonesian and Malaysian palm oil products has a global impact.

Contemporary Turkish-French Rivalry in Libya

2021 ◽  
Vol 28 ◽  
Keyword(s):  
European Union ◽  
Geographical Location ◽  
The European Union ◽  
Economic Competition ◽  
Oil Companies ◽  
The Third ◽  
Turkish Government ◽  
Islamic Identity ◽  
The Arab Spring ◽  
The Impact

The research represents a real attempt to show the contemporary competition and conflict that erupted between countries to control the countries that affected by The Arab Spring. Especially the oil-rich, including Libya, which has a distinguished geographical location, so this is what made France and Turkey engage in a political adventure, an economic competition, and an attempt to establish influence in Libya. The State of Libya was completely destroyed in order to control its oil, which is targeted by Western countries and their oil companies. The Turkish government tried to exploit its Islamic identity to influence the emotions of the Libyan parties and provided support for them. Then, it made an agreement with the Libyan government headed by Fayez al-Sarraj to demarcate the maritime borders, which gave it space to pressure against its opponents in the Mediterranean, after its negotiations to join the European Union failed due to France's refusal to join. The research was divided into five parts, the first dealt with contemporary Turkish-French relations, while the second one dealt with Turkey's position on the French intervention in Libya in 2011. The third one showed France's position on Turkey's accession to the European Union. The fourth one clarified the Turkish-French relations after the 2011 Libyan crisis. The fifth one included the contemporary French strategy in Libya, and finally the sixth one revolved around the impact of the Turkish-French competition on Libya. Keywords: crisis, oil, Libya, Turkey, competition, France.

INTEGRATING SUSTAINABLE DEVELOPMENT INTO EUROPEAN POLICYMAKING: THE ROLE OF IMPACT ASSESSMENTS

2007 ◽  
Vol 09 (02) ◽  
pp. 141-160 ◽  
Author(s):  
JENNIFER FRANZ ◽  
COLIN KIRKPATRICK
Keyword(s):  
European Union ◽  
Sustainable Development ◽  
Impact Assessment ◽  
European Commission ◽  
Development Strategy ◽  
Environmental Effects ◽  
The European Union ◽  
The Impact ◽  
Policy Proposals

Since the adoption of the EU's first Sustainable Development Strategy in 2001, the European Commission has been committed to undertaking impact assessments of its major policy proposals, covering the potential positive and negative economic, social and environmental effects both inside and outside the European Union. This paper provides as evaluation of a sample of the Commission's recent EC Impact Assessments, focusing on the extent to which the goal of sustainable development has been integrated into the impact assessment analysis.

Analisis Strategi Perlawanan Indonesia Dalam Diskriminasi Kelapa Sawit Oleh Uni Eropa

2021 ◽  
Vol 6 (1) ◽  
pp. 88-105
Author(s):  
M Fuadillah Nugraha
Keyword(s):  
European Union ◽  
Palm Oil ◽  
Industrial Development ◽  
Oil Industry ◽  
The European Union ◽  
Indonesian Government ◽  
Basic Assumptions ◽  
The Stability ◽  
Peace And War ◽  
The Eu

This study aims to determine how Indonesia's resistance strategy in oil palm discrimination by the European Union. Researchers use the perspective of liberalism and idealism, and the basic assumptions are peace and war avoidance. The results show that EU discrimination against Indonesian CPO products requires players in the palm oil industry and the Indonesian government to work together to design and develop intensive diplomatic efforts aimed at the EU government and its people. The Indonesian government's efforts to oppose the EU's incentives for the use of palm oil are 1) filing claims and challenges against the EU incentives to reject palm oil restrictions, 2) The Indonesian government emphasizes the importance of distributing Indonesian palm oil globally 3) Lobbying the leadership of the APEC organization to ensure the safety of Indonesia's palm oil industry 4) Undertake Join Capaign efforts by the world's largest palm oil producer to protect the stability of palm oil shipments and take action against negative campaigns against palm oil, and unite voices in drafting an agreement to jointly support industrial development palm oil to be more resilient against the global backlash on palm oil.

Brexit and Private International Law

2020 ◽  
Author(s):  
Kristina Salibová
Keyword(s):  
European Union ◽  
Transition Period ◽  
Private International Law ◽  
The European Union ◽  
Applicable Law ◽  
The United Kingdom ◽  
English Law ◽  
Energy Community ◽  
The Impact

My contribution deals with the issue concerning the question arising on the applicable law in and after the transition period set in the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community. The aim of this contribution is to analyze how the English and European laws simultaneously influence one another. This analyzation will lead to the prognosis of the impact Brexit will have on the applicable English law before English courts and the courts of the states of the European Union. The main key question is the role of lex fori in English law. Will English law tend to return to common law rules post-Brexit, and prefer the lex fori?

3. Law-making: authority and process

2019 ◽  
pp. 27-72
Author(s):  
Martin Partington
Keyword(s):  
European Union ◽  
Detailed Account ◽  
The European Union ◽  
Council Of Europe ◽  
Legal Principle ◽  
Legislative Procedure ◽  
The Uk ◽  
The Impact ◽  
Law Making

This chapter considers how law is made in the UK, who makes it, and the constitutional principles which give them the authority for making it and imposing it on society. There is a detailed account of the legislative procedure of the UK Parliament, and the different types of legislation enacted by Parliament. The role of the senior courts in the development of legal principle is also considered. Finally, the law-making functions of key institutions of the European Union and the Council of Europe are considered. The impact of Brexit is also considered.

Will the Sparks Fly? The Role of the European Union in the Liberalisation of the Electricity Industry

2000 ◽  
Vol 3 ◽  
pp. 239-277
Author(s):  
Angus Johnston
Keyword(s):  
European Union ◽  
Electricity Industry ◽  
Electricity Supply ◽  
The European Union ◽  
Environmental Consequences ◽  
Market Opening ◽  
Complex Combination ◽  
Economic Climate ◽  
The Impact

The impact of the increasing liberalisation of the energy sector in general and electricity supply in particular is hard to deny. Yet just a few short years ago, such developments were almost unthinkable. A complex combination of factors has led to an increasingly favourable political and economic climate for market opening and competition. However, the benefits of these developments remain distinctly unevenly spread throughout Europe, while the potential difficulties that an unchecked liberalisation process can cause are slowly coming to the fore. The challenge faced by the European Union in this sector is to promote these developments while remaining alive to their potential social and environmental consequences.

scholarly journals Spain

2021 ◽  
Author(s):  
Adriana Skorupska
Keyword(s):  
European Union ◽  
State Government ◽  
State Level ◽  
Regional Level ◽  
The European Union ◽  
Autonomous Communities ◽  
Government Relations ◽  
The Impact ◽  
The Eu

One objective of this chapter is to characterize the activities between Spanish communities and Chinese provinces and cities – their intensity, scope, advantages and obstacles that they face. The question relates to a broader perspective – the bilateral state government relations and the EU-China cooperation: is there any correlation between the relations at the state level and the regional level? Moreover, one of the ultimate goals of the whole project is to analyse the impact of the EU-China relations on paradiplomacy. Do the autonomous communities see any role of the EU in their activities with Chinese partners? Do they need any support from the European Union to have more intense or effective cooperation with this Asian partner?

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