Characteristics of politically connected firms in Indonesia

Iman Harymawan and Dian Agustia and Ardyan Kusuma Agung (2017) Characteristics of politically connected firms in Indonesia. Problems and Perspectives in Management, 15 (4). pp. 17-23. ISSN 17277051

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Abstract

This study investigates the types and characteristics of firms with politically connected directors in the boards of the company. The study uses data from all firms listed in Indonesia Stock Exchange spanning from 2004 to 2006. This study employs univariate analyses to address the research questions. The finding shows that firms with political connections are prevalence in chemical, infrastructure, investment, and miscellaneous industry. Furthermore, firm size is the only variable which significantly affects the probability of being politically connected firms. Specifically, larger firms are more likely to be politically connected. This study implies that the size of the firms is an important determinant in establishing political connections in Indonesia. © Iman Harymawan, Dian Agustia, Ardyan Kusuma Agung, 2017.

Item Type: Article
Uncontrolled Keywords: Firm size, Industry studies, Political economy, Rent seeking, Value of the firms
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD58.7-58.95 Organizational behavior, change and effectiveness. Corporate culture
J Political Science > JA Political science (General)
J Political Science > JZ International relations > JZ5-6530 International relations > JZ1249-1254 Relation to other disciplines and topics
J Political Science > JZ International relations > JZ5-6530 International relations
Divisions: Artikel Ilmiah > SCOPUS INDEXED JOURNAL
Creators:
CreatorsNIM
Iman HarymawanNIDN0020048403
Dian AgustiaNIDN0020086105
Ardyan Kusuma AgungNIM041311333060
Depositing User: PPJPI
Date Deposited: 02 Jun 2020 02:25
Last Modified: 02 Jun 2020 02:25
URI: http://repository.unair.ac.id/id/eprint/94558
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