The Effect of Institutional Ownership, Hce, And Der On Roi Of Health Care Companies in Indonesia During Covid-19 Pandemic

The Covid-19 pandemic has significantly altered human existence and brought about a
number of effects that have had a significant impact on several businesses in Indonesia. However, the
industrial sector continued to contribute the most to the structure of the country's Gross Domestic Product
(GDP), up to 19.98% in the first quarter of 2020 due to pressure from the Covid-19 epidemic (Ministry of
Industry, 2020). The sample from the research consisted of 24 companies. The population of this study
consisted of healthcare companies that were listed on the Indonesia Stock Exchange in 2022. Smart PLS was
the research methodology employed. The findings revealed that institutional ownership and HCE had no
discernible impact on return on investment (ROI), however that DER had a considerable impact on ROI for
healthcare enterprises listed on the Indonesia Stock Exchange during the Covid-19 outbreak.