Track: COVID-19 Analytics Competition

Abstract

In the occurrence of a pandemic, limitations on human movement have a negative influence on construction productivity, and if the epidemic persists, construction firm performance will inevitably fall. This paper discusses the performance measurement of construction company using Data Envelopment Analysis (DEA) and the influence of the Covid-19 outbreak on the performance of public listed construction company in Indonesia. The objective is to assess construction company efficiency and compare their performance to other comparable companies before and throughout the epidemic. Non-parametric data envelopment analysis (DEA) was utilized to focus on sales and market value as output measures in a two-step DEA approach with different input and output configurations. This paper examines eighteen significant construction companies listed on the Indonesia Stock Exchange, with two types of ownership, private companies, and state-owned companies. According to the findings of the study, the pandemic condition did not significantly affect the decline in the performance of the construction company. Where construction companies can survive with their abilities, and still maintain their performance. Our findings suggest that company efficiency plays an important role in evaluating company performance and that efficient companies can serve as a role model for company performance improvement strategies, such as when the economy is disrupted by the current pandemic.