ANALISIS DAMPAK PANDEMI COVID-19 TERHADAP KINERJA KEUANGAN

Abstract

This research aimed to examine, empirically, the effect of Covid-19 on financial performance of State-Owned
Enterprises for industrial sectors which were listed on Indonesia Stock Exchange during 2018-2020. The
research was quantitative. Moreover, the data collection technique used purposive sampling. In line with that,
there were 12 from 36 companies within population as the sample during 3 years (2018-2020). Furthermore, the
data analysis technique used descriptive statistics test, basic assumption test, and for its testing; it used paired
samplet-test and sign-wixolcon test. The research result concluded that (1) there was a significant difference of
liquidity on financial performance before and during pandemic of Covid-19, (2) there was an insignificant
difference of solvability on financial performance before and during pandemic of Covid-19, (3) there was a
significant effect of profitability on financial performance before and during pandemic of Covid-19, and (4) there
was a significant difference of activities on financial performance before and during pandemic of Covid-19. In
conclusion, there was an effect of pandemic Covid-19 on financial performance of State-Owned Enterprises for
industrial sectors.