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Abstract
This study attempts to explain “how power shapes Malaysian Chinese entrepreneurship”. It details how large state-owned enterprises and state-backed investment institutions, empowered by an affirmative action policy over a protracted period, are systemically acquiring controlling stakes in Chinese-controlled large and medium-size firms and demonstrates how the capital invested in these institutions as well as government-linked companies has and still shaping Chinese business and entrepreneurship in Malaysia. The study will then explain the resilience of Chinese entrepreneurship in the face of serious challenges mounted by an official policy intended on creating a Bumiputera commercial and industrial class; expanding the role of state-backed investment institutions and companies to integrate the Bumiputera entrepreneurial class into the national and regional supply chains; and further liberalising the Malaysian economy. Adopting an evolutional approach, the paper will examine how Chinese businesses adapt to the changing socio-economic conditions arising from the affirmative action policy.
Recommended Citation
CHIN, Yee Whah
(2015)
"State Intervention in Business and Malaysian Chinese Entrepreneurship,"
Malaysian Journal of Chinese Studies: Vol. 4:
No.
2, Article 1.
Available at:
https://mjcs.newera.edu.my/journal/vol4/iss2/1