CD Skripsi
Dampak Kasus Covid-19 Dan Kinerja Perusahaan Di Masa Pandemi Covid-19 Terhadap Cumulative Abnormal Return (Studi Empiris Pada Emiten Indeks Lq45 Dan Idx80 Yang Terdaftar Di Bursa Efek Indonesia Tahun 2020)
ABSTRACT
This study aims to determine the effect of the variables of confirmed positive COVID-19 cases, confirmed COVID-19 deaths, profitability, leverage, and company size on cumulative abnormal returns during the COVID-19 pandemic in 2020.
The population in this study were all LQ45 and IDX80 companies which are listed on the Indonesia Stock Exchange (IDX) in 2020. The sample selection in this study used the purposive sampling method. The sample selected in this study were 55 companies and selected based on predetermined criteria. The data analysis method used is multiple linear regression.
The results showed that confirmed positive cases of COVID-19 had no significant effect on cumulative abnormal returns with a significant level of 0.892 > 0.05. Confirmed cases of COVID-19 death have no significant effect on cumulative abnormal returns with a significant level of 0.879 > 0.05. Profitability has no significant effect on cumulative abnormal return with a significant level of 0.162 > 0.05. Leverage has a significant effect on cumulative abnormal return with a significant level of 0.017
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