Corruption and Asian Value’s in Indonesia: The Case of The Suharto Family Business

The subject of corruption in Indonesian life has been neglected as an area of social research. Many studies suggest that Asian values have a strong connection with the Asian communities' corrupt conduct and that they underpin several factors that contribute to individual or society's corruption. In the context of Indonesia, President Suharto successfully developed Indonesia, establishing a strong foundation for the Indonesian economy. This achievement brought President Suharto the title of “Father of development”. He involved his family businesses in all sectors of the economy and the family became one of the top ten businesses in Asia. Indonesian businessmen close to Suharto received protection and concessions from the President. This paper examines Suharto's and his mates' collaboration in business corruption in Indonesia. The study shows that after the Suharto step down from presidency the Suharto family businesses collapse due to their practice of corruption and nepotism.