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Government-linked companies’ (GLCs) performance – a structuration perspective: Malaysian evidence


Lau, Yeng Wai (2013) Government-linked companies’ (GLCs) performance – a structuration perspective: Malaysian evidence. International Journal of Critical Accounting, 5 (2). pp. 213-227. ISSN 1757-9848; ESSN: 1757-9856


Malaysian GLCs are under pressure to perform due to their role in helping the country to become a developed nation. Using the structuration theory as a framework, this paper seeks to provide a critical perspective on GLCs’ performance. This study has found that GLCs are pressured to strike a balance across political, economic and social goals, and attainment of some of these goals, especially goals non-financial in nature, is not necessarily translated into improved financial performance in the short run. Assessing only the financial aspects of GLCs’ performance does not provide a complete picture of GLCs’ achievements. Despite the importance of non-financial performance, the challenges associated with defining, measuring and using non-financial indicators remain unresolved. Future research can consider exploring how best to assess the non-financial aspects of GLCs’ performance in light of the significance of GLCs’ political and social obligations, which do not necessarily lend themselves to financial evaluations.

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Additional Metadata

Item Type: Article
Divisions: Faculty of Economics and Management
Publisher: Inderscience Publishers
Keywords: Government-linked companies; GLCs; Financial performance; Non-financial performance; Structuration theory; Malaysia
Depositing User: Nabilah Mustapa
Date Deposited: 06 Aug 2015 06:52
Last Modified: 01 Oct 2015 08:00
URI: http://psasir.upm.edu.my/id/eprint/28282
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