Political connections, overinvestment and governance mechanism in Indonesia

• Main Authors: Mohammad Nasih, -, Admiralty SaAvira Al-Cholili, -, Iman Harymawan, -, Imran Haidar, -, Nadia Klarita Rahayu, 041511333150
• Format: Article PeerReviewed
• Language: English; Indonesian; English; English; English; Indonesian
• Published: Taylor & Francis 2020
• Subjects: H Social Sciences; HG Finance; HG4501-6051 Investment, capital formation, speculation
• Online Access: https://repository.unair.ac.id/113405/1/Iman%20Harymawan_Artikel117_Political%20connections%2C%20overinvestment.pdf; https://repository.unair.ac.id/113405/2/Iman%20Harymawan_Peer%20Review117.pdf; https://repository.unair.ac.id/113405/3/Iman%20H_Similarity117_Political%20connections%2C%20overinvestment.pdf; https://repository.unair.ac.id/113405/6/Iman%20H_Korespondensi117%20Political%20connections.pdf; https://repository.unair.ac.id/113405/8/MohNasih_Similarity102_Political-connections%2C.pdf; https://repository.unair.ac.id/113405/9/MohNasih_KualitasKaril102.pdf; https://repository.unair.ac.id/113405/; https://www.tandfonline.com/doi/full/10.1080/23322039.2020.1790220; https://doi.org/10.1080/23322039.2020.1790220
• Institution: Universitas Airlangga

The purpose of this study is to investigate the association between political connections and overinvestment in Indonesia as a democratic, multi-party and developing country. This study uses sample of 1,044 and 543 firm-year observations from listed firms on the Indonesian Stock Exchange from 2012 t...