期刊名称：Academy of Accounting and Financial Studies Journal
印刷版ISSN：1096-3685
出版年度：2021
卷号：25
期号：3
页码：1-7
语种：English
出版社：The DreamCatchers Group, LLC
摘要：This study is aimed to analyzing the effects of the COVID-19 pandemic on the financial performance of Indonesian listed companies. The data of this study were taken from the financial statements of the LQ-45 companies which were listed on the Indonesia Stock Exchange (IDX) before and after the announcement of the first case of Covid-19 in Indonesia. The data was processed with paired sample t-test using SPSS version 20. From the results of the data processing, it shows that there is no significant difference in financial ratios in the form of liquidity ratios and profitability ratios of LQ 45 companies listed on the Indonesia Stock Exchange (IDX) before and after the announcement of the first case of Covid-19 in Indonesia. However, there is a significant difference in financial ratios in the form of solvency ratio and activity ratio of LQ-45 companies listed on the Indonesia Stock Exchange (IDX) before and after the announcement of the first case of Covid-19 in Indonesia, as well as the Covid-19 pandemic, which has an impact on the decline in financial performance in the form of Activity ratio (Total Asset Turnover) of LQ-45 companies listed on the Indonesia Stock Exchange (IDX).
