Analysis of financial and share performance performance before and after the Covid-19 pandemic on the Indonesia Stock Exchange (IDX)

Widyawati, Nur Laili and Ningtyas, Mega Noerman (2022) Analysis of financial and share performance performance before and after the Covid-19 pandemic on the Indonesia Stock Exchange (IDX). Jurnal Ilmiah Bisnis dan Ekonomi Asia, 16 (2). pp. 292-307. ISSN 0126-1258

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Abstract

The Covid-19 pandemic has resulted in community losses, one of which is in the realm of economics. The goal of this research was to examine if there were any differences in financial performance and share performance of companies listed on the Indonesia Stock Exchange (IDX) before and after the Covid-19 pandemics was announced. Listed companies on the Indonesia Stock Exchange at least in 2018 make up the research population. There were 484 companies in this study's sample. The research data was collected through purposive sampling. The study's findings show that the liquidity ratios, profitability ratios, solvency ratios, activity ratios, market ratios, and abnormal returns have substantial differences. The beta (stock risk) variable, on the other hand, shows no significant differences. Between before and after the Covid-19 pandemic was announced, the liquidity ratio (current ratio), profitability ratios (return on assets), activity ratio (asset turnover), and market ratio (price-earnings ratio) all decreased. In the meantime, the solvency ratio (debt to equity), anomalous returns, and stock beta have all risen.

Item Type: Journal Article
Keywords: financial performance, stock performance, Covid-19, paired sample T-test
Subjects: 15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1501 Accounting, Auditing and Accountability > 150113 Stock Exchange
15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150201 Finance
15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150205 Investment and Risk Management
15 COMMERCE, MANAGEMENT, TOURISM AND SERVICES > 1502 Banking, Finance and Investment > 150299 Banking, Finance and Investment not elsewhere classified
Divisions: Faculty of Economics > Department of Management
Depositing User: Mega Noerman Ningtyas
Date Deposited: 02 Nov 2022 09:17

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