Personalisation of power, neoliberalism and the production of corruption

This paper utilises a political lens in considering the cause for the production of corruption and the role of political leadership. Specifically, the notion of personalisation of power as advocated by Slater (2003) is adopted to portray how the adoption of neoliberalism ideology by an aspiring auto...

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Bibliographic Details
Published in:Accounting forum 2015-09, Vol.39 (3), p.225-235
Main Authors: Ahmad Khair, Amal Hayati, Haniffa, Roszaini, Hudaib, Mohammad, Abd. Karim, Mohamad Nazri
Format: Article
Language:English
Subjects:
Corruption
Corruption in government
Crony capitalism
Ideology
Malaysia
Neoliberalism
Personalisation of power
Perwaja Steel
Political leadership
Political power
Political science
Studies
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Summary:This paper utilises a political lens in considering the cause for the production of corruption and the role of political leadership. Specifically, the notion of personalisation of power as advocated by Slater (2003) is adopted to portray how the adoption of neoliberalism ideology by an aspiring autocratic leader results in the weakening of the infrastructural power through three strategies: packing, rigging and circumventing. We use Perwaja Steel as a case study to demonstrate the modus operandi of corruption in a state-owned enterprise in Malaysia.
ISSN:0155-9982
1467-6303
DOI:10.1016/j.accfor.2015.06.001