Research Article
The Effect of Institutional Ownership, Hce, And Der On Roi Of Health Care Companies in Indonesia During Covid-19 Pandemic
@INPROCEEDINGS{10.4108/eai.10-8-2022.2320922, author={Ni Nyoman Putu Martini and M. Thamrin and Riyantika Cahya and Ainur Rokhmah}, title={The Effect of Institutional Ownership, Hce, And Der On Roi Of Health Care Companies in Indonesia During Covid-19 Pandemic}, proceedings={Proceedings of the 3rd International Conference of Business, Accounting, and Economics, ICBAE 2022, 10-11 August 2022, Purwokerto, Central Java, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2022}, month={8}, keywords={institutional ownership human capital efficiency debt to equity ratio return on investment indonesia stock exchange}, doi={10.4108/eai.10-8-2022.2320922} }- Ni Nyoman Putu Martini
M. Thamrin
Riyantika Cahya
Ainur Rokhmah
Year: 2022
The Effect of Institutional Ownership, Hce, And Der On Roi Of Health Care Companies in Indonesia During Covid-19 Pandemic
ICBAE
EAI
DOI: 10.4108/eai.10-8-2022.2320922
Abstract
The Covid-19 pandemic has significantly altered human existence and brought about a number of effects that have had a significant impact on several businesses in Indonesia. However, the industrial sector continued to contribute the most to the structure of the country's Gross Domestic Product (GDP), up to 19.98% in the first quarter of 2020 due to pressure from the Covid-19 epidemic (Ministry of Industry, 2020). The sample from the research consisted of 24 companies. The population of this study consisted of healthcare companies that were listed on the Indonesia Stock Exchange in 2022. Smart PLS was the research methodology employed. The findings revealed that institutional ownership and HCE had no discernible impact on return on investment (ROI), however that DER had a considerable impact on ROI for healthcare enterprises listed on the Indonesia Stock Exchange during the Covid-19 outbreak.