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The paper aims to explain literature review and phenomenon about relationship between political connection and commissioner board effectiveness with conglomerates performance listed at Indonesia Stock Exchange. Strong political connections on conglomerates in Indonesia become an indication of poor corporate governance. Many officials active and non-active sitting as commissioners board on conglomerates indicated that political connections with the authorities in order to obtain benefit political connections among various facilities, such as the ease of access to funding, access gained government procurement contracts, obtaining large subsidies and waivers tax rates, access to the licensing trade, security guarantees on investment companies and other conveniences. They ignore good corporate governance which the board of commissioners as monitoring functions for management act as a political rent-seeking. Based on literature study and phenomenon, this paper result a model about the relationship of political connection and commissioners board effectiveness with conglomerates performance.