Pengaruh Krisis Moneter Terhadap Kinerja Perusahaan Publik di Bursa Efek Jakarta

Abstract

Research on the topic of the influence of economic and monetary crisis has been much written. This study also takes the topic of the crisis, but in this study to analyze the effect of the financial crisis on the performance of public companies in Indonesia that have been grouped into four industrial sectors in accordance with the Indonesian Capital Market Directory. In this study the ratio used is the ratio of liquidity, solvency (leverage), and profitability. While the selected samples are companies that do go public listing of the 1995, 1996, 1997 and 1998 with the assets at a medium level. Data from 1995 and 1996 represent the data prior to the crisis, while the 1997 data and 1998 data represents the time of the crisis. Parametric statistical analysis tool used is the T-test and Multivariate Analysis of Variance (MANOVA). The results showed that the average financial performance good liquidity, solvency, and profitability of public companies on the JSE has decreased during the financial crisis compared to the period before the crisis, and there was no significant difference mean financial ratio between the companies for each industry group.