MAPPING JOUNAL
No PENGARANG / JUDUL /
TAHUN / JOURNAL
1 The Effect Of Political
Connections On The Firm
Performance In A Newly
Democratised Country /
Fayrouz Bencheikh Dan
Neila Boulila Taktak / 2017 /
Mediterranean Jounal Of
Social Sciences
2 Political Connection Of
financial Intermediaries:
Evidence From China’s IPO
Market / Donghua Chen Et Al
/ 2017 / Journal Of Banking
And Finance Sciencedirect
Variabel Hypothesis METHODE Hasil
Kinerja Pengaruh Positif Koneksi Politik Kuantitatif Leverage, Usia Dan Kepemilikan
Perusahaan Terhadap Kinerja Perusahaan Meningkatkan Kinerja
(Tobin’s Q)
Koneksi
Politik
Size
Ekuitas
Umur
Koneksi Hypothesis 1: Underwriters’ Kuantitatif find that minority shareholders’ interests
Politik political connections increase may be impaired as indicated by post-
Post-IPO the like- lihood that their clients’ IPO underperformance. We do not
Performance IPO applications will be detect significant dif- ferences in the
Regulasi approved by the CSRC. underpricing of IPO deals underwritten
Underwritters Hypothesis 2: Politically by PC versus non-PC investment banks
connected underwriters charge a
fee pre- mium for their
underwriting services
Hypothesis 3: The client firms of
politically connected
underwriters tend to
underperform those of non-
politically connected
underwriters in the post-IPO
period.
Hypothesis 4: The IPO

3 Government Protection,
Political Connection And
Management Turnover In
China / Louis T.W. Cheng
And T.Y Leung / 2016 /
International Review Of
Ecpnpmics And Finance
Sciencedirect
4 Koneksi Politik Dan
Earnings Quality Kualitas
Laba
How Do Connected Firms
Respond To Changes
Bagaimana Perusahaan
Terhubung Merespon
Perubahan
In Political Stability And
Government Stabilitas Politik
Dan Pemerintahan
Effectiveness? Efektivitas? /
Iman Harymawan Dan John
underpricing for the client firms
of politi- cally connected
underwriters tends to be greater.
protected H1. Strategic firms demonstrate
industry and better financial performance
political relative to non-strategic firms.
connection H2a. Strategic firms demonstrate
a different pattern of
management turnover relative to
that of non-strategic firms.
H2b. Top managers of strategic
firms with political ties are less
likely to be replaced even during
financial distress.
H3. Post-turnover performance
improvement for financially
distress firms is better for
strategic firms than for non-
strategic firms
koneksi politik H1. The kualitas laba
stabilitas perusahaan terhubung secara
politik dan politik menurun sebagai politik
efektivitas meningkat stabilitas
pemerintahan H2. The kualitas laba
kualitas laba perusahaan terhubung secara
politik meningkat sebagai
efektivitas meningkat
pemerintah
Kuantitatif We argue these strategic
firms with economic and national
interests demonstrate better
performance and higher management
turnovers. Management turnovers are
less frequent if the chairpersons and
CEOs
are politically-connected. The strategic
firms also rebound better from financial
distress than
non-strategic firms.
Kuantitatif Penelitian ini menemukan bahwa
efektivitas pemerintahan meningkat
Penelitian ini mengurangi manfaat politik
menggunakan koneksi, membutuhkan perusahaan
sampel terhubung secara politik menjadi lebih
pengamatan 2073 responsif terhadap tekanan pasar dan
perusahaan-tahun menghasilkan kualitas laba yang lebih
dari tinggi. Namun, peningkatan stabilitas
349 perusahaan politik meningkatkan kepastian
manfaat dari koneksi politik,
mengurangi kebutuhan untuk
perusahaan terhubung secara politik
untuk menanggapi
 Nowland / 2016 / Emerald
Insight
5 Political Connection,
Ownership Structure, And
Corporate Philanthropy In
China: A Strategic-Political
Perspective / Sihai Li •
Xianzhong Song • Huiying
Wu / 2015 / Springer
Science+Business Media
6 The Mortality Cost Of
Political Connections /
RAYMOND FISMAN And
YONGXIANG WANG /
2015 / Review Of Economic
Studies
7 The Impact Of Politically-
Connected Executives In
Fraudulent Financial
Reporting: Evidence Based
On The H Shares / Sai Chung
Ngan / 2013 / African Journal
Of Business Management
Donation H1 Politically Connected firms
Political Are More Likely To Donate And
connection Donate A Greater Amount Than
Non-Politically Connected firms.
H2 Non-State-Owned firms Are
More Likely To Donate And
Donate More Than State-Owned
firms.
H3 The Positive Relationship
Between firms’ Political
Connections And Corporate
Philanthropy Is Stronger For
Nonstate-Owned firms Than
State-Owned firms.
CSR
worker
mortality
political
connections
Motivation for H1: There is a significant
fraudulent relationship between motives
financial (economic and political
reporting connections factors) and
Opportunity occurrences of fraudulent
for fraudulent financial reporting.
financial H2: There is a significant
reporting relationship between opportunity
Lack of (poor corporate governance) and
tekanan pasar dan mengakibatkan
kualitas laba yang lebih rendah
Kuantitatif These findings With Regard To The
Relationship Between Corporate
Giving, Political Connections, And
Ownership Type Have Important
Implications For Understanding
Corporate Giving Behavior In China
And In Emerging Markets In General.
Literatur review findings emphasize the social costs
of political connections, and suggest
that appropriate regulatory incentives
may be useful in mitigating
these costs.
Kuantitatif The findings of this study would lead to
an understanding of corporate behaviors
relating to fraudulent financial
reporting, and the development of such
an understanding is important for
preventing frauds and improving better
corporate compliance with financial
reporting regulations.

8 Power Politics And The
Undersupply Of Financial
Stability In Europe / Shawn
Donnelly / 2013 / Review Of
International Political
Economy
9 Political Connections And
Corporate Diversification In
Emerging Economies:
Evidence From China /
Weiwen Li & Ai He & Hailin
Lan & Daphne Yiu / 2012 /
Springer Science+Business
Media
independent occurrences of fraudulent
board of financial reporting.
directors H3: There is a significant
Audit quality positive relationship between
Relationship earnings management and the
between occurrences of fraudulent
earnings financial reporting.
management
and fraudulent
financial
reporting
Literatur review
diversification Hypothesis 1 Political Kuantitatif We also find that the positive
political connections will be positively relationship between political
connections related to corporate connections and corporate
State diversification diversification is moderated by the level
ownership in an emerging economy of state
Size Hypothesis 2 The positive ownership in firms and the level of
Roa relationship between political regional institutional development.
connections and Theoretical and managerial implications
corporate diversification will be are discussed.
stronger in non-SOEs than in
SOEs in an emerging
economy.
Hypothesis 3a The positive
relationship between political
connections and

10 Political Connection and Firm Firm Valuation
Value / James S. ANG, David
K. DING, Tiong Yang
THONG / 2011 / Research
Collection Lee Kong Chian
School Of
Business
11 Differences between
Politically
Connected and Nonconnected
Firms:
A Cross-Country Analysis /
Mara Faccio / 2010 /
Financial Management
corporate diversification will be
stronger when the development
level of free market
mechanisms is low than when it
is high.
Hypothesis 3b The positive
relationship between political
connections and
corporate diversification will be
stronger when the development
level of intermediate
institutions is low than when it is
high.
Hypothesis 1: In the absence of PC firms have higher managerial
political corruption, political ownership and tend to be smaller than
connections of firms have little non-PC firms, rendering them more
or susceptible to poorer governance
no effect on firm value. practices. We show that
Hypothesis 2: In a low political the presence of PC directors somewhat
corruption environment, neutralizes such potential negative
politically connected directors effects. PC firms are
have a associated with good governance
neutral effect on the quality of practices such as non-duality in their
corporate governance. Chairman and CEO and
fewer executive directors.
Leverage Differences between connected and
Taxation unconnected firms are more
Market Share pronounced when political links are
Productivity stronger. Differences also vary
Accounting depending on the level of
Performance corruption and the degree of economic
and Market development in individual countries

12 Politicians At Work. The
Private Returns And Social
Costs Of Political
Connections / Federico
Cingano* And Paolo Pinotti /
2009 / Temi Di Discussione
13 Estimating The Value Of
Political Connections /
Raymond Fisman / 2001 /
The American Economic
Review
14 Strategi Bersaing Perusahaan
Dan Kinerja Perusahaan /
Seto Sulaksono Adi Wibowo,
Yosi Handayani, Ade Rika
Lestari / 2017 / Riset
Akuntansi dan Keuangan
Indonesia
Valuation
Political Studi kasus The connection premium is positive for
connections upstream
producers for the public administration
only, and larger (up to 25%) in areas
characterized
by high public expenditure and high
levels of corruption. These findings
suggest that the
gains in market power derive from
public demand shifts towards politically
connected firms.
We estimate such shifts reduce the
provision of public goods by
approximately 20%.
Literatur Review
Strategi H1: Rasio SG&A/Sales Penelitian ini Hasil pengujian H1 menunjukkan
Perusahaan berpengaruh terhadap kinerja merupakan bahwa variabel SG&A/Sales
Diferensiasi perusahaan. H2: Rasio penelitian induktif berpengaruh terhadap kinerja
Produk Sales/CoGS berpengaruh yang perusahaan yang diukur dengan net
Net Profit terhadap kinerja perusahaan. menyimpulkan profit margin (NPM).
Margin hasilnya
berdasarkan pada
angkaangka
pengujian statistik
dari data-data
yang telah
 dikumpulkan
15 Pengaruh Wacc Terhadap Metode penelitian The results of the research show that the
Nilai Perusahaan / Yoyon menggunakan proportion of the capital structure has
Supriyadi, Tarida M. S. metode deskriptif significant influence towards WACC
Manurung dan Fanny Atmaja komparatif yang with t-count is 3591 bigger than t table
Nataputra / 2010 / Jurnal merupakan with the score 2776 as well as the
Ilmiah Ranggagading penelitian influence of WACCtowrds the value of
fenomena yang shares with the score of t-count is 3624
menjelaskan and t table is 2776. At PT Gudang
aspek- Garam, tbk the proportion of the capital
aspek yang structure also has significant influence
relevan dengan towards
fenomena yang WACC with the score of t-count is 3917
diamati sehingga bigger than t table (2776) and influence
dapat membantu of WACC towards the value of shares
penelitian also significan
dalam
menjelaskan
karakteristik
tertentu serta
dengan
komparatif yaitu
dengan mencari
sebab-sebabnya.

16 Analisis Struktur Modal Jenis penelitian Berdasarkan hasil proyeksi neraca dan
Penetapan Struktur Modal Nilai yang digunakan proyeksi rugi -laba
Yang Optimal Peusahaan peneliti tahun 2014, maka diketahui bahwa
Guna Meningkatkan Nilai Ramalan adalah penelitian komposisi struktur modal yang optimal
Perusahaan Penjualan deskriptif adalah pada komposisi hutang jangka
(Studi Pada PT. Proyeksi dengan panjang 21,43% dan modal sendiri
Seemount Garden Sejahtera, Laporan pendekatan 78,57%. Pada komposisi tersebut biaya
 Jiwan, Kabupaten Madiun Keuangan kuantitatif modal rata
Periode 2011-2013) / Selma Perusahaan -rata tertimbang menjadi sebesar
Ardiany Rahma, Darminto, 26,148% dan nilai perusahaan
Topowijono / 2014 / Jurnal menjadi sebesar Rp. 12.775.818.943,
Administrasi Bisnis (JAB) -yang dihitung dengan membagi biaya
modal rata-rata tertimbang dengan laba
bersih perusahaan dikalikan dengan (1-
T).
17 Investigating the Influence of Overseas This paper These findings suggest that in pursuing
Political Stability of the Aid- Development examines the the UN’s Millennium
Growth Relationship in Sub Assistance inter-relationships Development Goals in SSA, political
Saharan Africa: A Panel Data (ODA) among economic stability is a pertinent factor that should
Approach / Stephen .E. political growth, foreign not be ignored.
Armah / 2009 / Journal of stability aid and political
Economic Development, stability for
Management, IT, Finance and thirty-one Sub-
Marketing Saharan African
(SSA) countries
from 1984-2007.
The analysis is
performed using a
unique and
reliable index of
political stability
18 Democracy, Political Stability The growth democracy. This The results indicate that democracy has
and Economic Growth / YI equation analysis employs a positive indirect effect upon growth
FENG/ 1997 / British Journal The three-stage least- through its impacts on the probabilities
of Political Science government squares of both regime change and
change estimation, and constitutional government change from
Democracy utilizes aggregate one ruling party to another. In addition,
data covering the evidence indicates that the two kinds
ninety-six coun of political change mentioned above
 have significant and opposite effects on
growth; that growth has a negative
effect on regime change and a positive
effect on the probability of the ruling
party remaining in power; and that long-
run economic growth tends to exert a
positive effect upon democracy.
19 Political Stability and Review and We also have good human resources
Economic Growth in Fenomena whose talents have been garnered over
Malaysia / Rustom the years through the various policies
Mohammad Isa / 1996 / instituted by the govern ment. So these
Pakistan Institute of were some facts and figures that would
International Affairs help you iden tify the factors behind
Malaysia's political stability and
economic growth.
 JURNAL STABILITAS POLITIK

No Judul, Peneliti, Tahun Variabel Politik Metode, Hasil

Sampel Tahun

1 Robert J. Barro (1991) Instabilitasan Politik, dengan ukuran : Panel Least Instabilitas Politik (yang diukur melalui REV dan
Economic Growth in a  Revolusi dan Jumlah Kudeta (REV) Square ASSASS memiliki dampak negatif dan signifikan
Cross Section of  Pembunuhan (ASSASS) 100 negara terhadap pertumbuhan ekonomi.
Countries, Tahun 1960 -
1995

2 Alberto Alesina dkk, Instabilitasan Politik, dengan ukuran : Panel Least InstabilitasPolitik(yangdiukurmelalui
(1992)  Perubahan Pemerintahan Mayor (INSMJ) Square Government Change) memiliki dampak negatif dan
Political Instability and  Perubahan Pemerintahan (INS) 113 negara signifikan terhadap pertumbuhan ekonomi.
Economic Growth  Demokrasi (DEMOCAV) 1950 - 1982
 Revolusi dan Kudeta (REVCOUP)
 Pembunuhan (ASSASS)

3 John F. Helliwell Kestabilan Politik, dengan ukuran : Panel Least Pertumbuhan ekonomi (yang diukur melalui
(1992)  Demokrasi Square variabel pendapatan) memiliki efek yang kuat dan
Empirical Linkages 125 negara positif terhadap demokrasi. Sedangkan demokrasi
 Between Democracy 1960-1985 memiliki pengaruh yang negatif dan signifikan
and Economic Growth. terhadap pertumbuhan ekonomi.

4 Alberto Alesina & Redistribusi, dengan ukuran: Panel Least Ketidakmerataan pada distribusi pendapatan dan
Dani Rodrik. (1994)  Indeks Gini (Pendapatan) Square kepemilikan lahan akan berpengaruh negatif pada
Distributive Politics  Indeks Gini (Kepemilikan Lahan) 29 negara pertumbuhan ekonomi.
and Economic Growth. Sistem pemerintahan, dengan ukuran : 1960-1985
 Demokrasi

5 Robert J. Barro (1996) Kestabilan Politik, dengan ukuran : Panel Least Demokrasi akan meningkatkan pertumbuhan
Democracy and  Aturan Hukum, Square ekonomi pada tingkat kebebasan politk yang
Growth.  Pasar Bebas 100 negara rendah. Sebaliknya, demokrasi akan menurunkan
 Indeks Demokrasi 1960 - 1990 pertumbuhan saat kebebasan politik moderat.
6 Robert J. Barro (1999) Kestabilan Politik, dengan ukuran : Panel Least Variabel-variabel yang digunakan dalam
Determinants of  Hak Pilih Square penelitian mampu menunjukkan bahwa tingkat
Democracy  Kebebasan Sipil 100 negara demokrasi sebuah negara dipengaruhi oleh
1960-1995 kemajuan perekonomian.
8 Robert J. Barro, (2003) Kestabilan politik, dengan ukuran : Panel Least Kestabilan politik memiliki pengaruh positif dan
Determinants of  Aturan Hukum Square signifikan terhadap pertumbuhan ekonomi di
Economic Growth in a  Demokrasi 1967-1995 berbagai negara yang digunakan.
Panel of Countries Lintas Negara
9 A. Cooper Drudy dkk Kestabilan politik, dengan ukuran : Panel Least Instabilitas Politik tidak berpengaruh signifikan
(2006)  Indeks Korupsi Square terhadap pertumbuhan ekonomi pada sebuah negara
Corruption,  Demokrasi 100 demokrasi. Namun pertumbuhan ekonomi sebuah
Democracy, and 1982-1997 negara non demokrasi secara signifikan dipengaruhi
Economic Growth oleh adanya instabilitas politik.

10 Debajyoti Chakrabarty Redistribusi, dengan ukuran : Panel Least Ketimpangan memiliki efek yang negatif terhadap
(2004)  Ketimpangan Square pertumbuhan pada sebuah negara berkembang
Inequality, Politics and namun memiliki efek yang positif pada sebuah
Economic Growth. negara maju.

11 Ari Aisen dan Fras. Ketidakstabilan Politik, dengan ukuran: GMM Instabilitas Politik memiliki pengaruh negatif
J.Vega, (2010)  Perubahan Kabinet estimations terhadap pertumbuhan dengan menurunkan
How Does Political  Indeks Instabilitas Rezim I, II & III, 1960-2004 pertumbuhan produktivitas.
Instability Affect  Indeks Kekerasan 169 negara
Economic Growth?  Indeks Instabilitas Politik
13 Patrick T. Brandt. 2011 Instabilitas Politik, dengan ukuran : Analisis Ketidakstabilan pertumbuhan ekonomi akan
Economic Growth and  Protes Warga Sipil Nonparametrik menyebabkan ketidakstabilan politik.
Political Instability.  Kekerasan Warga Sipil Splines
  Pecahnya Perang Saudara lintas negara
 Upaya Kudeta 1972-2007
 Demokrasi
 Gangguan Demokratis
Metode :
14 Cellettini dkk. 2013 Instabilitas Politik, dengan ukuran : Fixed Ketidakstabilan politik memiliki pengaruh yang
Persistenc
Political e  Pergolakan Politik Effect Method negatif terhadap pertumbuhan ekonomi pada
and Economic Growth. 62 negara sebuah negara demokrasi.
1984-2008