Personalisation of power, neoliberalism and the production of corruption

Khair, Amal Hayati Ahmad; Haniffa, Roszaini; Hudaib, Mohammad; Karim, Mohamad Nazri Abd.

Abstract

© 2015. 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.

Citation

Khair, A. H. A., Haniffa, R., Hudaib, M., & Karim, M. N. A. (2015). Personalisation of power, neoliberalism and the production of corruption. Accounting Forum, 39(3), 225-235. https://doi.org/10.1016/j.accfor.2015.06.001

• Journal Article Type: Article
• Acceptance Date: Jun 3, 2015
• Online Publication Date: Jul 9, 2015
• Publication Date: 2015-09
• Deposit Date: Sep 29, 2016
• Publicly Available Date: Sep 29, 2016
• Journal: Accounting forum
• Print ISSN: 0155-9982
• Electronic ISSN: 1467-6303
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 39
• Issue: 3
• Pages: 225-235
• DOI: https://doi.org/10.1016/j.accfor.2015.06.001
• Keywords: Corruption, Neoliberalism, Personalisation of power, Perwaja steel, Crony capitalism, Malaysia
• Public URL: https://hull-repository.worktribe.com/output/443679
• Publisher URL: http://www.sciencedirect.com/science/article/pii/S0155998215000253
• Additional Information: This article is maintained by: Elsevier; Article Title: Personalisation of power, neoliberalism and the production of corruption; Journal Title: Accounting Forum; CrossRef DOI link to publisher maintained version: http://dx.doi.org/10.1016/j.accfor.2015.06.001; Content Type: article; Copyright: Copyright © 2015 Published by Elsevier Ltd.
• Contract Date: Sep 29, 2016