Record Details

POLITICALLY CONNECTED BANKS: SOME INDONESIAN EVIDENCE

International Journal of Business and Society

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Field Value
 
Title POLITICALLY CONNECTED BANKS: SOME INDONESIAN EVIDENCE
 
Creator Sutopo, Bambang
Trinugroho, Irwan
Damayanti, Sylviana Maya
 
Description We investigate the impact of being politically connected on bank performance and cost of funding. We study 89 Indonesian banks over the 2001-2008 period disentangled into politically connected banks which can be state-owned banks and private banks as well as non-politically connected banks. Controlling for bank fundamental factors and time effect, we do find that political connections improve bank performance. Moreover, our results provide evidence that politically connected banks are benefited by getting a lower cost of funding. Finally, our result reveals that political connections are less valuable for foreign banks. Keywords: Political Connections; Performance; Cost of Funding; Foreign Banks; Indonesia.
 
Publisher Faculty of Economics and Business, UNIMAS
 
Date 2017-11-17
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://publisher.unimas.my/ojs/index.php/IJBS/article/view/491
 
Source International Journal of Business and Society; Vol 18 No 1 (2017): International Journal of Business and Society
1511-6670
 
Language eng
 
Relation http://publisher.unimas.my/ojs/index.php/IJBS/article/view/491/431
 
Rights Copyright (c) 2017 International Journal of Business and Society