| Issue |
E3S Web of Conf.
Volume 388, 2023
The 4th International Conference of Biospheric Harmony Advanced Research (ICOBAR 2022)
|
|
|---|---|---|
| Article Number | 03034 | |
| Number of page(s) | 5 | |
| Section | E-Business Sustainability | |
| DOI | https://doi.org/10.1051/e3sconf/202338803034 | |
| Published online | 17 May 2023 | |
Pandemic Covid-19 Impact on Technology and Telecommunication Industry: Evidence from Indonesia Listed Company
Management Department, BINUS Business School Undergraduate Program, 11480 Bina Nusantara University, Indonesia
* Corresponding author: mulyono@binus.ac.id
This research aims to determine pandemic Covid-19 on the profitability of technology and telecommunication companies listed on the Indonesia Stock Exchange. To measure a company's profitability using return on equity ratio (ROE). This research applies the event study method before and after the Indonesian government's announcement of the Covid-19 case for the first time. The data processed consists of financial statements in 2019 and 2020 obtained from the Indonesia Stock Exchange and the company's website. Data processing handling with SPSS statistics software. The results concluded a significant effect of the Covid-19 pandemic on company profitability in the technology and telecommunications industry. A total of 65.79% of the sample of companies experienced a decrease in profitability.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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