Firm Value between the Banking and Property Industry: Evidence of Pandemic Covid 19 in Indonesia
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The study aims to find evidence of the impact of profitability and dividend policy on firm value. The population of this study are banking and property companies listed on the IDX (Indonesia Stock Exchange). The findings of this study indicate that in the banking industry, the average value of firm value and dividend policy during the pandemic increased, while profitability decreased. For the property industry, the average firm value and profitability during the pandemic increased, while the dividend policy decreased. There is a difference between the average profitability before and after the Covid-19 outbreak for the banking and property industries. Meanwhile, the average dividend policy and firm value are not statistically different.
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