Performance of government linked companies and private owned companies in Malaysia
Purpose– The purpose of this study was to find whether there was any significant difference in performance between government-linked companies (GLCs) and private-owned companies (POCs) and there was any significant improvement in performance of GLCs after Malaysian Government ' s initiatives to...
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| Format: | Article |
| Language: | English |
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Emerald Group Publishing Limited
2016
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| Online Access: | https://repo.uum.edu.my/id/eprint/18381/1/IJLM%2058%202%202016%20150-161.pdf |
| _version_ | 1825804027717222400 |
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| author | Bhatt, Padmanabha Ramachandra |
| author_facet | Bhatt, Padmanabha Ramachandra |
| author_sort | Bhatt, Padmanabha Ramachandra |
| collection | UUM |
| description | Purpose– The purpose of this study was to find whether there was any significant difference in performance between government-linked companies (GLCs) and private-owned companies (POCs) and there was any significant improvement in performance of GLCs after Malaysian Government ' s initiatives to transform the GLCs to high performance companies.Design/methodology/approach
– Panel data estimation techniques were used to run the regression in this study.Findings– It was found that there was no significant difference in performance level between GLCs and POCs. It was also found that the performance level of GLCs had improved significantly after the initiation of GLCs' transformation programme by the Malaysian Government.Originality/value – The implication of the results of this study is that state-owned enterprises in developing countries like Malaysia can be relevant and important to take care of social responsibilities and needs, as also they can perform at par with private companies.There is no need for privatization of government-owned enterprises; rather, it needs corporatization. Government-owned enterprises can play an important role to drive national development. |
| first_indexed | 2024-07-04T06:07:41Z |
| format | Article |
| id | uum-18381 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T06:07:41Z |
| publishDate | 2016 |
| publisher | Emerald Group Publishing Limited |
| record_format | eprints |
| spelling | uum-183812016-07-18T08:20:01Z https://repo.uum.edu.my/id/eprint/18381/ Performance of government linked companies and private owned companies in Malaysia Bhatt, Padmanabha Ramachandra HD28 Management. Industrial Management Purpose– The purpose of this study was to find whether there was any significant difference in performance between government-linked companies (GLCs) and private-owned companies (POCs) and there was any significant improvement in performance of GLCs after Malaysian Government ' s initiatives to transform the GLCs to high performance companies.Design/methodology/approach – Panel data estimation techniques were used to run the regression in this study.Findings– It was found that there was no significant difference in performance level between GLCs and POCs. It was also found that the performance level of GLCs had improved significantly after the initiation of GLCs' transformation programme by the Malaysian Government.Originality/value – The implication of the results of this study is that state-owned enterprises in developing countries like Malaysia can be relevant and important to take care of social responsibilities and needs, as also they can perform at par with private companies.There is no need for privatization of government-owned enterprises; rather, it needs corporatization. Government-owned enterprises can play an important role to drive national development. Emerald Group Publishing Limited 2016 Article PeerReviewed application/pdf en https://repo.uum.edu.my/id/eprint/18381/1/IJLM%2058%202%202016%20150-161.pdf Bhatt, Padmanabha Ramachandra (2016) Performance of government linked companies and private owned companies in Malaysia. International Journal of Law and Management, 58 (2). pp. 150-161. ISSN 1754-243X http://doi.org/10.1108/IJLMA-11-2014-0062 doi:10.1108/IJLMA-11-2014-0062 doi:10.1108/IJLMA-11-2014-0062 |
| spellingShingle | HD28 Management. Industrial Management Bhatt, Padmanabha Ramachandra Performance of government linked companies and private owned companies in Malaysia |
| title | Performance of government linked companies and private owned companies in Malaysia |
| title_full | Performance of government linked companies and private owned companies in Malaysia |
| title_fullStr | Performance of government linked companies and private owned companies in Malaysia |
| title_full_unstemmed | Performance of government linked companies and private owned companies in Malaysia |
| title_short | Performance of government linked companies and private owned companies in Malaysia |
| title_sort | performance of government linked companies and private owned companies in malaysia |
| topic | HD28 Management. Industrial Management |
| url | https://repo.uum.edu.my/id/eprint/18381/1/IJLM%2058%202%202016%20150-161.pdf |
| work_keys_str_mv | AT bhattpadmanabharamachandra performanceofgovernmentlinkedcompaniesandprivateownedcompaniesinmalaysia |