Perusahaan Keluarga, Koneksi Politik & Kinerja Perusahaan

Lidya Utamaningsi


Family businesses dominate the private sector in Indonesia and contribute 13.4% of the country's GDP. The family company has a longer investment horizon than the shareholders because the founder wants to continue bequeath the company to subsequent generations. To achieve these objectives the company will try to overcome the company's external constraints. The trick is through political connections. With a political connection the company will get various benefits so that it will ultimately contribute to the company's performance. This paper is a literature review of family businesses and political connections. Based on the results of the study, the researchers concluded that the family company had better performance than the non-family company. Politically connected companies have better performance than companies that are not politically connected during the reign of politicians concerned. Politically connected family companies have better performance than politically connected family companies.


Company performance; political connections; family company

Full Text:



Carrera., Nieves, 2017, What Do We Know About Accounting in Family Firms?, Journal of Evolutionary Studies in Business (JESB), Vol. 2, No. 2, hal 97 – 159, 2017.

Cheng, Qiang., 2014, Family Firm Research – A Review, China Journal of Accounting Research (2014).

Coopers, Price Waterhouse, 2014, Survey Bisnis Keluarga Indonesia 2014,

Faccio, Mara, 2006, Differences Between Political Connected And Nonconnected Firms: A Cross-Country Analysis, Financial Management Journal, hal. 905-927.

Ghosh., Aloke (Al), Charles T. Yang, 2015,

Assesing Financial Reporting Quality of Family Firms: The Auditors’ Perspective, Journal of Accounting and Economics, Accepted Manuscript.

Habib., Ahsan, Abdul Haris Muhammadi, 2018, Political Connections and Audit Report Lag: Indonesian Evidence, International Journal of Accounting & Information Management, RMIT University.

Khwaja, A. I., & Mian, A. (2005). Do Lenders Favour Politically Connected Firms ? Rent Provision in an Emerging Financial Market. The Quarterly Journal of Economics, 120(April), 371–1411.

Leuz,. Christian, Felix Oberholzer-Gee, 2006, Political Relationship, Global Financing and Corporate Transparency: Evidence From Indonesia, Journal of Financial Economics 81 (2006) hal. 411 – 439.

Lukviarman, Niki, 2016, Corporate Governance Menuju Penguatan Konseptual dan Implementasi di Indonesia, ISBN 978-602-1680-39-1, cetakan pertama, penerbit PT Era Adicitra Intermedia.

Lukviarman, Niki, 2004, Ownership Structure and Firm Performance : The Case of Indonesia, Doctoral Thesis.

Muttakin, Mohammad Badrul., Reza M. Monem, Arifur Khan, Nava Subramaniam, 2015, Family Firms, Firm Performance and Political Connections: Evidence From Bangladesh, Journal of Contemporary Accounting & Economics (2015), Accepted Manuscript.

Saeed., Abubakr, Yacine Belghitar & Ephraim Clark, 2015, Do Political Connections Affect Firm Performance? Evidence From a Developing Country, Journal of Emerging Markets Finance and Trade, halaman 1 – 12.

Sotartagam., Rovelino Quayle. 2015, Analisis Pengaruh Political Connection Terhadap Nilai Perusahaan, Skripsi, Fakultas Ekonomika dan Bisnis, Universitas Diponegoro, Semarang.

Wijantini, 2007, A Test Of The Relationship Between Political Connection And Indirect Costs Of Financial Distress In Indonesia, Asian Academy Of Management Journal Of Accounting And Finance (AAMJAF), Vol.3. No. 2, 6 – 81, 2007.

Wulandari., Tri, Raharja, 2013, Analisis Pengaruh Political Connection dan Struktur Kepemilikan Terhadap Kinerja Perusahaan, Diponegoro Journal of Accounting, Volume 2, Nomor 1, Tahun 2013, Halaman 1 – 12.



  • There are currently no refbacks.

Creative Commons License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.


Published by Lembaga Penelitian dan Pengabdian kepada Masyarakat
Adress: Jl.Slamet Ryadi, Broni-Jambi, Kec.Telanaipura, Kodepos: 36122, email:, Phone: 0741-670700

Creative Commons License This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.