Covid-19: How is the Sharia Hospitality Industry and Health Industry Survive in Indonesia?
نویسندگان
چکیده
Fama & French explained that company size affects the risk of return on its shares. The larger a company, more established is.Hence, it is not easily swayed by crisis pressures, only financial pressure but also social pressure. Covid-19 outbreak hitting world, especially Indonesia, had an impact performance in capital market. test results showed during period, JCI decreased 30 percent. However, further hotel and resort industry did necessarily show worse performance. Moreover, panel data regression using from 16 companies 29 weeks period timeshowed pandemic Indonesia March to June, although statistically significant, outperforms health industry, while Islamic stock category for two industries outperformed alternative stocks. this strengthen three-factor model as well five-factor with large assets included research sample are able withstand pandemic, beating which inferior terms such healthcare Indonesia.
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ژورنال
عنوان ژورنال: International Journal of Transdisciplinary Knowlegde
سال: 2021
ISSN: ['2797-4251']
DOI: https://doi.org/10.31332/ijtk.v2i1.37