Social networks and the organisation of big business groups in post New Economic Policy (NEP) era in the 1990s in Malaysia

Research output: Contribution to journalArticle

3 Citations (Scopus)

Abstract

Personal ties are generally regarded as important to big business growth in Malaysia, particularly after the New Economic Policy (NEP) in the 1990s. Common types are informal ones established between multi-ethnic big business people and Malay key state and political leaders. Other types of ties, company directorship links and informal ties, are seldom studied especially those between the business people and former state bureaucrats and corporate professionals. Thus, by conceptualising the directorship links and informal personal ties as social networks, the author conducted a sociological analysis of some intra-and inter-ethnic directorship links and ties established by four prominent big businessmen after the NEP in the 1990s. This article reports the main finding on the links and ties becoming a common organisational mechanism of business groups owned and controlled by the businessmen, besides providing access to the state. Therefore, another understanding of inter-and intra-ethnic personal ties in big business growth, especially after the NEP is achieved.

Original languageEnglish
Pages (from-to)1-28
Number of pages28
JournalAsian Ethnicity
Volume13
Issue number1
DOIs
Publication statusPublished - Jan 2012

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Economic Policy
Malaysia
social network
businessman
Group
leader

Keywords

  • inter-ethnic personal ties
  • interlocking directorship
  • intra-ethnic personal ties
  • Malaysia
  • New Economic Policy
  • social networks

ASJC Scopus subject areas

  • Cultural Studies
  • Sociology and Political Science

Cite this

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abstract = "Personal ties are generally regarded as important to big business growth in Malaysia, particularly after the New Economic Policy (NEP) in the 1990s. Common types are informal ones established between multi-ethnic big business people and Malay key state and political leaders. Other types of ties, company directorship links and informal ties, are seldom studied especially those between the business people and former state bureaucrats and corporate professionals. Thus, by conceptualising the directorship links and informal personal ties as social networks, the author conducted a sociological analysis of some intra-and inter-ethnic directorship links and ties established by four prominent big businessmen after the NEP in the 1990s. This article reports the main finding on the links and ties becoming a common organisational mechanism of business groups owned and controlled by the businessmen, besides providing access to the state. Therefore, another understanding of inter-and intra-ethnic personal ties in big business growth, especially after the NEP is achieved.",
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