IV. Result and Analysis Politically Connected Firms Based on in-depth research, we managed to identify a list of stocks that have linked to political parties and leadership. Since in the election in 2014 there are two candidates we divided into Political Winning (Ir. Joko Widodo- M. Jusuf Kalla) and Political Lose (Prabowo Subianto - Hatta Rajasa). As a result, there are a total of 54 firms were identified over a test period of the presidential election in 2014 as politically connected. Politically Connected Winning Firms Based on our data, Joko Widodo and Jusuf Kalla as Koalisi Indonesia Hebat (KIH) are supported by four business conglomerate which are Edward Soeryadjaja (Astra Group), Robert Budi Hartono (Djarum Group) James Riady (Lippo…
security institutions in the pre-SJSN (Nurismarsyah, 2011; Nababan, 2014). In 2010, the Commission IX of House of Representatives of Indonesia invited the three labour union confederations to discuss the BPJS bill. The three labour union confederations namely Confederation of Labour Union Throughout Indonesia (referred as Konfederasi Serikat Pekerja Seluruh Indonesia or KSPSI), Confederation of Indonesian Welfare Labour (referred as Konfederasi Serikat Buruh Sejahtera Indonesia or KSBSI), and…
his point. At the top left part of the cartoon, Ariail places the caption “speaking of baskets.” This references the handbasket on the hill that is labelled “Election Handbasket.” Not only is a there a handbasket labelled election, it is placed right next the wooden sign point downhill and labelled “Hell.” The “Hell” sign and the “election” handbasket creates a stronger clarification of the meaning of the cartoon. Both captions create the inference along the idea that the election is going to or…
347). But most importantly, it was the year when Indonesia’s democracy had narrowly escaped from possible reversal to the repressive Suharto’s New Order regime. Two populist candidates, Jokowi and Prabowo, competed against each other in the 2014 presidential election; Jokowi represented the continuity of Indonesian democracy, whereas Prabowo, a former general under Suharto, promoted authoritarian-populist message suggesting recentralization of power and dismantling…
been choosen from presidential election caused several controvertions where there was a speculation which said that there were a foreign intervention during the presidential election. Observers thought that the credibility of his rival considered to be strengthening various sectors in indonesia especially on the economic and defense sector that worried could change several indonesian foreign policy which has been considered give a sizeable profit to foreigners. This makes the position of jokowi…
“Oh Captain! My Captain!” is about a son who is attempting to inform his father about good news, unaware that his father has just passed away in a battle. Walt Whitman, the author of “Oh Captain! My Captain!” laments over the loss of his hero, Abraham Lincoln and viewed him as the greatest president in United States History. Whitman saw a “grand tragedy that promised ultimate purgation and unification for America” in the death of Lincoln (Reynolds). Because of this view on President Lincoln,…
How To Be “The Donald” Have you ever wondered what it would be like to hold the highest office in our land? The prestige, the honor, and the respect that comes with the job is what 43 men have had the chance to experience. And, this year, it was explicit that our nation would have the first women president to take the oath of the presidency. But, there is one orange, beautifully haired man, who refuses to let this transpire and is leading the charge to the democratic frontrunner, Hillary…
The election of 1912 exposed the necessity of change in America where principles of progressive reform dominated the political agendas for all four candidates. Incumbent republican president William Howard Taft battled with his former comrade Theodore Roosevelt, whilst democratic candidate Woodrow Wilson wooed the country with his plan for “New Freedom”. Meanwhile, socialist Eugene Debs fought to earn support from the working class of America with his experience as a union leader. The most…
by President Barack Obama, push to pass a bill that will allow 10,000 refugees into the United States (Burke). They maintain that the refugees will be admitted only after going through the already rigorous screening and admission process, and therefore the safety of Americans will not be jeopardized. Democrats also conclude that a pause to the system would be detrimental to American society in the long run. Moreover, with the added pressure of the upcoming 2016 Presidential election, the…
No matter your stance on President Obama or his administration, many would agree that he can passionately deliver a great speech. With 2016 being the finale of his 8-year term, the upcoming State of the Union address will be the last one of Obama’s presidency. As he prepares to address the country on Tuesday, January 12 at 9 p.m. ET, many Americans from all sides of the political spectrum are preparing to watch the President’s final formal speech online. The word on the White House streets is…