Jurnal Ekonomi
Vol. 12 No. 04 (2023): Jurnal Ekonomi, 2023

THE IMPLICATION OF COVID-19 ON TECHNOLOGY-BASED CORPORATE PERFORMANCE

Rosa Lee (Master of Economic Planning and Development Policy Study Program, Faculty of Economics and Business, Universitas Indonesia)
Willem A. Makaliwe (Master of Economic Planning and Development Policy Study Program, Faculty of Economics and Business, Universitas Indonesia)



Article Info

Publish Date
05 Oct 2023

Abstract

The purpose of this research is to find out the implications of COVID-19 on the performance of technology-based corporations. The research was conducted using a quantitative approach with panel data as a combination of time series and cross section data. The analysis used consisted of a paired difference test (t-test), and multiple regression which was carried out using a panel data approach. This research uses various Technology Sector companies in Indonesia that are listed on the IDX from 2019 – 2021 as the population. Determination of the sample is done by purposive sampling method. The Technology Sector companies that were used as research samples in this study totaled 10 companies that were listed on the IDX from 2019 to 2021. In this study, the tests were carried out using the Paired-samples T-Test. The regression model used is the chow test, lagrange multiplier test, and hausman test to determine one of the common effect models, fixed effect models, and random effect models. The results of the analysis show that of the independent variables tested, simultaneously the Variables COVID-19, Company Age, Company Size, Company Growth and Company Leverage Level can explain 71.9% of the NPM value or company performance, then 28.1% other influenced by variables outside this study.

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Journal Info

Abbrev

Ekonomi

Publisher

Subject

Economics, Econometrics & Finance

Description

Jurnal Ekonomi [p. ISSN 2301-6280, e. ISSN 2721-9879] is a peer-reviewed journal published Half times a year (June, and December) by SEAN Institute. Jurnal Ekonomi is intended to be the journal for publishing articles reporting the results of economics research. Jurnal Ekonomi invites manuscripts ...