文章基本信息

标题：The Impact of COVID-19 Pandemic on the Financial Performance of Firms on the Indonesia Stock Exchange
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作者：Sunitha Devi ; Ni Made Sindy Warasniasih ; Putu Riesty Masdiantini 等
期刊名称：Journal of Economics, Business & Accountancy
印刷版ISSN：2087-3735
电子版ISSN：2088-785X
出版年度：2020
卷号：23
期号：2
页码：226-242
DOI：10.14414/jebav.v23i2.2313
语种：English
出版社：Pusat Penelitian dan Pengabdian Masyarakat Sekolah Tinggi Ilmu Ekonomi (PPPM STIE)
摘要：The COVID-19 pandemic has harmed the national economy and caused a decline in various businesses' financial performance. This study aims to examine the impact of the COVID-19 pandemic on firms' financial performance listed on the Indonesia Stock Exchange. The research samples included 214 companies, which were divided proportionally into nine sectors or 49 sub-sectors. Data analysis used was the Wilcoxon Signed Rank Test. The results show an increase in the leverage ratio and short-term activity ratio but a decrease in the public companies' liquidity ratio and profitability ratio during the COVID-19 pandemic. There was no significant difference in the liquidity ratio and leverage ratio. However, the public companies' profitability ratio and short-term activity ratio differed significantly between before and during the COVID-19 pandemic. The sector that experienced an increase in liquidity ratio, profitability ratio, and short-term activity ratio but a decrease in the leverage ratio was the consumer goods sector. In contrast, the sectors experiencing a decrease in the liquidity and profitability ratios were property, real estate and building construction, finance, trade, services, and investment sectors.
其他摘要：Pandemi COVID 19 berdampak negatif terhadap ekonomi nasional dan menyebabkan penurunan kinerja keuangan berbagai jenis usaha. Penelitian ini bertujuan untuk mengkaji dampak pandemi COVID-19 pada kinerja keuangan perusahaan yang tercatat di Bursa Efek Indonesia. Sampel penilitian mencakup 214 perusahaan yang terbagi secara proporsional kedalam sembilan sektor atau 49 subsektor. Analisis data menggunakan Wilcoxon Signed Rank Test. Hasil penelitian menunjukkan bahwa terjadi peningkatan rasio leverage dan rasio aktivitas jangka pendek, namun terjadi penurunan rasio likuiditas dan rasio profitabilitas perusahaan publik selama pandemi COVID-19. Tidak terdapat perbedaan yang signifikan pada rasio likuiditas dan rasio leverage, namun terdapat perbedaan yang signifikan pada rasio profitabilitas dan rasio aktivitas jangka pendek pada perusahaan publik antara sebelum dan selama pandemi COVID-19. Sektor yang mengalami peningkatan rasio likuiditas, rasio profitabilitas, dan rasio aktivitas jangka pendek namun penurunan rasio leverage adalah sektor barang konsumsi, sedangkan sektor yang mengalami penurunan rasio likuiditas dan rasio profitabilitas adalah sektor properti, riil. perkebunan dan konstruksi bangunan, keuangan, perdagangan, jasa, dan investasi.
关键词：Current Ratio;DER;ROA;Receivable Turnover