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All Journal Jurnal Akuntansi dan Pajak
Hanna Gifani
Magister of Management, Diponegoro University
Economics, Econometrics & Finance Social Sciences

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IMPACT OF THE COVID-19 VIRUS ON STOCK MARKET RETURN IN INDONESIA Hanna Gifani; Irene Rini Demi Pangestuti
Jurnal Akuntansi dan Pajak Vol 23, No 2 (2023): JAP : Vol. 23, No. 2, Agustus 2022 - Januari 2023
Publisher : ITB AAS INDONESIA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.29040/jap.v23i2.6899

Abstract

The purpose of the study was to investigates whether contagious infectious disease affect stock market outcomes. This study uses panel data analysis to test the effect of the Covid-19 virus on the Indonesia stock market. The results indicate that both the daily growth in total confirmed cases and in total cases of death causes by Covid-19 virus have significant negative effects on stock retuns across all companies on Indonesia stock exchange.
Co-Authors Irene Rini Demi Pangestuti