Do political connections affect the performance of indonesian regional development banks?
This study was conducted with the aim of examining whether Regional Development Banks (RDBs) in Indonesia which fall under the category as Government Linked Companies (GLCs) can maintain their independence in performance when political relationships exists between these GLCs and the government as...
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| Main Authors: | , |
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| Format: | Conference or Workshop Item |
| Language: | English |
| Published: |
2018
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| Subjects: | |
| Online Access: | http://eprints.unisza.edu.my/1426/1/FH03-FESP-18-22507.pdf http://eprints.unisza.edu.my/1426/ |
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| Summary: | This study was conducted with the aim of examining whether Regional Development
Banks (RDBs) in Indonesia which fall under the category as Government Linked Companies
(GLCs) can maintain their independence in performance when political relationships exists
between these GLCs and the government as the owner. Data for the study was obtained directly
from the official websites of 26 RDBs from the year 2013 to 2016. The collected data was
analyzed quantitatively using the Generalized Least Square (GLS) method. The results show
that political connections have no effect on the RDBs performance. This finding is consistent
with our previous research on RDBs which suggests that even though RDBs are government owned banks, the operations of RDBs remain independent and professional |
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