Covid-19 Effect to Return On Equity on European Football Club
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This study aims to determine and analyze whether or not there are differences between financial ratios before and after the COVID-19 pandemic in 22 professional football clubs in Europe for the period 2019 to 2020. The financial ratio used is return on equity. This study uses a quantitative method using a comparative approach, because the data used are in the form of numbers and analyze using statistics and this research is to compare the similarities and differences of 2 or more properties and objects studied in a certain frame of mind. The data analysis method used was the paired sample t-test and the Wilcoxon signed rank test, which had previously been tested for normality. The results of data analysis show that there is a significant difference between the financial ratios of football clubs before and during the COVID-19 pandemic.
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