Chinese Business in Malaysia

Accumulation, Ascendance, Accommodation

By: Terence Gomez

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Paperback | 14 June 2012 | Edition Number 1

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258 Pages

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23.39 x 15.6 x 1.37

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Chinese companies have managed to perform well in Malaysia, especially after the recession in the mid-1980s, due to a clear change in the Malay dominated government's attitude to Chinese capital. Despite the problems that prevail among UMNO politicians, the government has provided a stable economic environment and offers opportunities for domestic private investment, even for the Chinese. Given these circumstances, it does appear that Chinese capital in Malaysia has reasonable prospects for further growth in the immediate future.

This study examines the dominant role of Chinese capital in the economy, providing in-depth empirical research on its mode of development and styles of operation. Covering the period from colonial times to the present day this study identifies key issues pertaining to Chinese business operations in Malaysia: ownership and control patterns, style of growth, relations with the state, politicians and other Chinese businessmen, and the manner of development of business abroad, whilst debunking the theory that large-scale Chinese capital is not very entrepreneurial in nature.

Industry Reviews

'A fascinating and timely study. A definitive and well-written analysis of a significant topic. The book will be welcomed not only by students of Malaysian business but by all interested in the evolution of overseas Chinese enterprise.' - Malcolm Falkus, Business History

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List of Tables	p. ix
List of Figures	p. xi
Preface	p. xii
Acknowledgments	p. xiv
Note on Currency	p. xvi
List of Abbreviations	p. xvii
Chinese Business: Culture, Entrepreneurship or Patronage?	p. 1
Chinese Business in Malaysia	p. 1
Literature Review: Culture, Ethnicity and Class	p. 6
Research Methodology	p. 14
Research Themes	p. 17
Ownership and Control	p. 17
Holding Company, Interlocking Stock Ownership and Pyramiding	p. 19
Interlocking Directorates	p. 22
Chinese Business, Colonialism and Accumulation	p. 27
The Colonial Period	p. 27
From Independence to May 1969	p. 33
Case Studies
Robert Kuok and Perlis Plantations Bhd	p. 40
Lim Goh Tong and Genting Bhd	p. 49
Loh Boon Siew and Oriental Holdings Bhd	p. 58
Conclusion	p. 64
Chinese Business in Malaysia
Chinese Business, the NEP and Accommodation	p. 67
The Chinese, the NEP and the Corporatization Movement	p. 67
The Hokkien Chinese in the Banking Sector	p. 75
Multi-Purpose Holdings	p. 83
Case Studies
William Cheng and Lion Corporation Bhd	p. 93
Khoo Kay Peng and MUI Bhd	p. 101
Vincent Tan Chee Yioun and Berjaya Group Bhd	p. 112
Conclusion	p. 128
Chinese Business, Liberalization and Ascendance	p. 133
Liberalization, Authoritarianism and Patronage	p. 133
Chinese Businessmen, Malay Patrons and Inter-Ethnic Co-operation	p. 153
Quek Leng Chan	p. 153
Lee Loy Seng	p. 157
Case Studies
Francis Yeoh and YTL Corporation Bhd	p. 163
Ting Pek Khiing and Ekran Bhd	p. 171
Conclusion	p. 179
Conclusion	p. 183
Chinese Business Networking: Dispelling the Myth	p. 183
Corporate Growth: Patronage and Entrepreneurship	p. 186
Postscript	p. 191
Notes	p. 198
References	p. 215
Index	p. 224
Table of Contents provided by Ingram. All Rights Reserved.

Chinese Business in Malaysia

Accumulation, Ascendance, Accommodation

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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