Rudiawarni, Felizia Arni and Christie, Sandy and Yeo, Chu May, Amy (2022) The Effect of the COVID-19 on Financial and Stock Market Performance: Learning from Indonesia's Service Sector. In: The 6th SSBRN Symposium, 5 - 6 September 2022, Lublin, Polandia. (Submitted)
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Abstract
The COVID-19 pandemic has brought crises and uncertainty in various aspects of human life. COVID-19 also threatens the performance and survival of the company. This study aims to analyze the impact of the COVID-19 pandemic on the financial performance and stock prices of service industry companies listed on the Indonesia Stock Exchange. Our research uses quarterly data from 2018-2020 to obtain a sample of 3,032 firm years. The results show that the COVID-19 pandemic negatively impacts financial and stock performance. This research contributes by providing empirical evidence of the impact of COVID-19 on the service sector, which in many literatures is mentioned to be highly affected by this pandemic
| Item Type: | Conference or Workshop Item (Paper) |
|---|---|
| Uncontrolled Keywords: | COVID-19; financial performance, stock market, stock price, service sectors |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HF Commerce H Social Sciences > HF Commerce > HF5601 Accounting H Social Sciences > HG Finance |
| Divisions: | Faculty of Business and Economic > Department of Accounting |
| Depositing User: | Felizia Arni Rudiawarni 31129 |
| Date Deposited: | 16 May 2023 04:09 |
| Last Modified: | 16 May 2023 04:09 |
| URI: | http://repository.ubaya.ac.id/id/eprint/44138 |
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