Abstract
This paper utilises a political lens in considering the cause for the production of corruption and the role of political leadership. Specifically, the notion of personalisation of power as advocated by Slater (2003) is adopted to portray how the adoption of neoliberalism ideology by an aspiring autocratic leader results in the weakening of the infrastructural power through three strategies: packing, rigging and circumventing. We use Perwaja Steel as a case study to demonstrate the modus operandi of corruption in a state-owned enterprise in Malaysia.
Original language | English |
---|---|
Pages (from-to) | 225-235 |
Number of pages | 11 |
Journal | Accounting Forum |
Volume | 39 |
Issue number | 3 |
Early online date | 9 Jul 2015 |
DOIs | |
Publication status | Published - 1 Sept 2015 |
Keywords
- Corruption
- Crony capitalism
- Malaysia
- Neoliberalism
- Personalisation of power
- Perwaja Steel
ASJC Scopus subject areas
- Accounting
- Finance