TY - BOOK AU - Gomez,Edmund Terence AU - Padmanabhan,Thirshalar AU - Kamaruddin,Norfaryanti AU - Bhalla,Sunil AU - Fisal,Fikri ED - SpringerLink (Online service) TI - Minister of Finance Incorporated : Ownership and Control of Corporate Malaysia SN - 9789811048975 AV - JA77 U1 - 338.9 PY - 2018/// CY - Singapore PB - Springer Singapore, Imprint: Palgrave Macmillan KW - Political economy KW - Finance, Public KW - Political science KW - Asia-Politics and government KW - Public policy KW - Asia-Economic conditions KW - International Political Economy KW - Public Finance KW - Governance and Government KW - Asian Politics KW - Public Policy KW - Asian Economics N1 - Chapter 1: The GLICs in History -- Chapter 2: GLICs and Business Groups -- Chapter 3: GLICs and Directorships N2 - This is a study of Malaysia's new political economy, with a focus on ownership and control of the corporate sector. It offers a pioneering assessment of government-linked investment companies (GLICs), a type of state-owned institution that has long prevailed in the corporate sector but has not been analysed. Malaysia's history of government-business ties is unique, while the nature of the nexuses between the state and the corporate sector has undergone major transitions. Corporate power has shifted from the hands of foreign firms to the state to the ruling party, and well-connected businessmen, and back to the state. Corporate wealth is now heavily situated in the leading publicly-listed government-linked companies (GLCs), controlled through block shareholdings by a mere seven GLICs under the jurisdiction of the Minister of Finance. To indicate why these GLICs are important actors in Corporate Malaysia, this study provides a deep assessment of their ownership and control of Bursa Malaysia's top 100 publicly-listed enterprises. UR - https://s443-doi-org.br.lsproxy.net/10.1007/978-981-10-4897-5 ER -