Personalisation of power, neoliberalism and the production of corruption

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

Research output: Contribution to journalArticle

4 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 languageEnglish
Pages (from-to)225-235
Number of pages11
JournalAccounting Forum
Volume39
Issue number3
Early online date9 Jul 2015
DOIs
Publication statusPublished - 1 Sep 2015

Keywords

  • Corruption
  • Crony capitalism
  • Malaysia
  • Neoliberalism
  • Personalisation of power
  • Perwaja Steel

ASJC Scopus subject areas

  • Accounting
  • Finance

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