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Essays on Firms and Political Connections in Indonesia

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dc.contributor.advisor Jones, Garett
dc.contributor.author Shidiq, Akhmad Rizal
dc.creator Shidiq, Akhmad Rizal
dc.date.accessioned 2017-01-29T01:13:04Z
dc.date.available 2017-01-29T01:13:04Z
dc.date.issued 2016
dc.identifier.uri https://hdl.handle.net/1920/10544
dc.description.abstract In the first chapter, I show evidence of credit-market imperfection in Indonesia: investment spending is sensitive to firm cash flow. These imperfections are stronger for firms that are not politically connected to former president Suharto. This result generally holds for a variety of controls. This result also underscores the importance of political connections in providing firms with preferential access to the external financing commonly found in developing economies. The removal of Suharto from power in 1998 did not substantially reduce the value of a Suharto connection, and may have strengthened the value of such a connection. This highlights the possible durability of political connections in the credit market.

dc.format.extent 148 pages
dc.language.iso en
dc.rights Copyright 2016 Akhmad Rizal Shidiq
dc.subject Economics en_US
dc.subject Business group en_US
dc.subject Firms en_US
dc.subject Indonesia en_US
dc.subject Political connections en_US
dc.title Essays on Firms and Political Connections in Indonesia
dc.type Dissertation
thesis.degree.level Ph.D.
thesis.degree.discipline Economics
thesis.degree.grantor George Mason University


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