Track: Business Management

Abstract

Corporate financial performance is an overview of the company's financial status report over a period of time to figure out how successful and profitable a company is in producing revenue. These indicators include sales growth, profitability (reflected by ratios such as return on investment, return on sales and return on equity), share price, earnings per share, and so forth. The world economy is currently facing economic challenges as the coronavirus (COVID-19) presence has a serious impact on health care, economy, transportation, and other fields in different industries and regions. It is crucial to evaluate the effect of a major public health emergency on company performance in these difficult economic times, as issuers are a fundamental component of the national economy. Investigations suggest that the financial system's internal factors may be the main cause of the economic downturn in recent years. Almost all industrial sectors were affected, including the telecommunications sector. This paper seeks to understand corporate financial performance during the Covid-19 period, collected from various related sources. This research is designed using a qualitative approach through literature study. Reviews on corporate finance performance are carried out by reading and analysing 30 peer-review journal articles and summarised in two tables, namely journal articles and publisher distribution and article categories based on their subject. This study's findings are that the government must maintain economic stability by paying attention to the Covid-19 virus pandemic problem because it is very influential in its economy. There are several obstacles in data collection, such as lack of updates, incomplete financial reports. In conclusion, this study found that the government's role is significant in tackling the Covid-19 pandemic so that all fields can be saved and accelerate the transition period by creating conducive economic conditions.

Keywords: Financial performance, corporate, COVID-19 pandemic, mini-review approach.