Why do firms appoint former military personnel as directors? Evidence of loan interest rate in militarily connected firms in Indonesia

Purpose - Anecdotal evidence shows that a number of military personnel have been appointed as board members by listed firms in Indonesia. Taking advantage of the unique setting of the strong influence of the military in Indonesian politics, the purpose of this paper is to provide direct empirical ev...

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Bibliographic Details
Main Author: Iman Harymawan
Format: Article PeerReviewed
Language:English
Published: Emerald Group Publishing Ltd. 2018
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Online Access:http://repository.unair.ac.id/94556/1/Harymawan-Why%20do%20firms%20appoint%20former.pdf
http://repository.unair.ac.id/94556/
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85040034699&doi=10.1108%2fARA-07-2016-0086&partnerID=40&md5=16710f1736dc9561940707ebb88ee1b7
https://doi.org/10.1108/ARA-07-2016-0086
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Institution: Universitas Airlangga
Language: English