Though it is well known that the ruling political parties owm investment arms, there is little knowledge of the manner in which these parties came to be involved in business, the way in which their business ventures developed and operated, and the extent of their control over the Malaysian corporate sector. Politics in Business: UMNO’s Corporate Investments addresses these issues with particular emphasis on the evolution of UMNO’s business involvement through Fleet Holdings Sdn Bhd, Hatibudi Sdn Bhd, and Koperasi Usaha Bersatu Bhd (KUB). It traces the development of UMNO’s business interests and shows how it has led to conflict-of-interest situations, allegations of corruption and favouritism, exploitation of minority shareholders and government-owned agencies, and the further centralisation of corporate power in the hands of small cliques.
Weight | 0.65 kg |
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Author | |
ISBN | 9789838760003 |
Publisher | FORUM |
Publication Year | 1990 |
Pages | 189 |
Format | Paperback |