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

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Abstract

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.

Item Type:	Article
Uncontrolled Keywords:	Government linked companies, Performance, Private owned companies
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Othman Yeop Abdullah Graduate School of Business
Depositing User:	Prof. Dr. Padmanabha Ramachandra Bhatt
Date Deposited:	18 Jul 2016 08:20
Last Modified:	18 Jul 2016 08:20
URI:	https://repo.uum.edu.my/id/eprint/18381

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