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Resilience of Companies Listed in Jakarta Islamic Index (JII) During the Pandemic COVID-19

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Complex, Intelligent and Software Intensive Systems (CISIS 2022)

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 497))

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Abstract

This study aims to test the impact of pandemic outbreak towards the financial performance of companies listed in Jakarta Islamic Index (JII). In addition, the profits of these companies will also be compared to test the difference between the period before the pandemic and the period during the pandemic. The observation period was taken from 2017–2020 to represent the performance before and during pandemic. There are 24 data were selected to be observed and compared. The test relies on trend analysis and paired difference test to test whether there is a significant difference between the profits of companies listed on JII during pre-pandemic and during the pandemic period. The results show that there is no significant difference between the two conditions that occurs even though the average tendency of the company’s OPM and ROE is decreasing.

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Mutoharoh, Najihah, N. (2022). Resilience of Companies Listed in Jakarta Islamic Index (JII) During the Pandemic COVID-19. In: Barolli, L. (eds) Complex, Intelligent and Software Intensive Systems. CISIS 2022. Lecture Notes in Networks and Systems, vol 497. Springer, Cham. https://doi.org/10.1007/978-3-031-08812-4_37

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