Political Connections and Earnings Quality: How Do Connected Firms Respond to Changes in Political Stability and Government Effectiveness?
AbstractPurpose – The purpose of this study is to investigate how the earnings quality of politically connectedfirms is affected by changes in political stability and government effectiveness in a developing country.Design/methodology/approach – This study uses a sample of 2,073 firm-year observations from349 firms listed on the Indonesian Stock Exchange from 2003 to 2012 to examine [...]