Personalisation of power, neoliberalism and the production of corruption

Amal Hayati Ahmad Khair; Roszaini Haniffa; Mohammad Hudaib; Mohamad Nazri Mohamad

doi:10.1016/j.accfor.2015.06.001

Personalisation of power, neoliberalism and the production of corruption

Amal Hayati Ahmad Khair, Roszaini Haniffa, Mohammad Hudaib, Mohamad Nazri Mohamad

School of Economics, Finance and Accounting

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

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	https://doi.org/10.1016/j.accfor.2015.06.001
Publication status	Published - 1 Sept 2015

Keywords

Corruption
Crony capitalism
Malaysia
Neoliberalism
Personalisation of power
Perwaja Steel

ASJC Scopus subject areas

Accounting
Finance

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10.1016/j.accfor.2015.06.001

Cite this

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title = "Personalisation of power, neoliberalism and the production of corruption",

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.",

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N2 - 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.

AB - 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.

KW - Corruption

KW - Crony capitalism

KW - Malaysia

KW - Neoliberalism

KW - Personalisation of power

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Personalisation of power, neoliberalism and the production of corruption

Abstract

Keywords

ASJC Scopus subject areas

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