The Dynamics of Corporate Financial Performance in Indonesia: An Event During and After the Covid-19 Pandemic
R Adam Medidjati (1), Nugraha (2), Toni Heryana (3)

Universitas Pendidikan Indonesia

Abstract

This study aims to analyze the strategies of companies in confronting the COVID-19 pandemic and the subsequent situations. The focus of this research is to compare the financial performance of companies in the pre-pandemic period (2018-2019) and during the pandemic (2020-2021), as well as to observe the performance differences across industrial sectors. This research utilizes financial data from companies listed as public companies on the Indonesia Stock Exchange (IDX). Several variables analyzed include profitability, liquidity, and company size.
The research method to be employed is comparative analysis, collecting and analyzing company financial data for both periods under investigation. The research findings are expected to provide a better understanding of the impact of the COVID-19 pandemic on the financial performance of companies in Indonesia, and to compare the performance differences across industrial sectors.
The research results indicate that companies have strategies for controlling various key parameters to remain sustainable, including through their liquidity, profitability, leverage, and total assets. The findings also suggest that the interest rate is a factor that always requires government control.

Keywords: Financial Performance, Profitability, Liquidity, Impact of COVID-19,

Topic: Financial Management and Accounting