IDEAS: Journal of Management & Technology
Vol 2, No 2 (2022)

Effect of the Covid-19 Pandemic on Firm Value with Profitability as Moderation

Andrian Januar Ramadhan (STIE Indonesia Banking School)
Taufiq Hidayat (STIE Indonesia Banking School)

Article Info

Publish Date
08 Apr 2023

Abstract

This study examines the effect of the COVID-19 pandemic on firm value with profitability as a moderator. This study was conducted on companies that are included in the LQ45 index in the 2017-2020 period. This study used a purposive sampling method so that 26 companies were included in the LQ45 index with 106 observations. For this relationship, firm value was proxied using Price to Book Value (PBV) and profitability variable was proxied using Return on assets (ROA). The results of the study show that the COVID-19 pandemic has a negative effect on firm value. ROA as a moderator weakens the negative impact of the COVID-19 pandemic.

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Journal Info
IDEAS: Journal of Management & Technology
Website

Abbrev

IDEAS

Publisher

President University

Subject

Humanities Economics, Econometrics & Finance

Description

IDEAS: Journal of Management and Technology is a peer-reviewed journals devoted to the publication of original papers and serve as a forum for practical approaches to improving quality in issues pertaining to technology management, innovation, and related fields. The goal is to bring the highest ...