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Financial Performance of Retail Industry Before and After E-Commerce Booming in Indonesia: A Study o


contributor author Siti Rochmah Ika, Fami Nursiningsih, Henry Sarnowo, Sahadi
date accessioned Wed, 27 May 2026
date available Wed, 27 May 2026
date issued Sabtu, 13 Maret 2021
description abstract In recent years, many modern retail outlets are reported to close down their operation due to the financial downturn. Changes in a shopping behavior pattern that consumers prefer shopping online were blamed for the closure of the store. This article aims to examine whether there is any difference in the performance of the retail industry before and after e-commerce booming in companies listed on the Indonesia Stock Exchange. This study observes the financial statement of the industry in the period 2013-2017 using the Altman z- score model where 2015 onward represents the period of E-commerce booming. The descriptive statistic results indicate that Z-Score after the e-commerce boom is lower than those in the period before the e-commerce boom on average. However, the results of the Wilcoxon signed rank-test showed that the performance of sample companies before and after the e-commerce boom did not show a significant difference. This article may give insight into the impact of online shopping booming on the financial performance of the retail store.
subject Financial Performance of Retail Industry Before and After E-Commerce Booming in Indonesia: A Study o
title Financial Performance of Retail Industry Before and After E-Commerce Booming in Indonesia: A Study o
type

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