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Full-Text Articles in Arts and Humanities
‘Adapt Or Divest: The New Economic Policy And Foreign Businesses In Malaysia (1970-2000), Shakila Yacob Dr, Khadijah Md Khalid Dr
‘Adapt Or Divest: The New Economic Policy And Foreign Businesses In Malaysia (1970-2000), Shakila Yacob Dr, Khadijah Md Khalid Dr
Shakila Yacob
This study explores the interplay between state policies and business strategies of foreign firms in Malaysia during and in the aftermath of decolonisation. Drawing from newly released British and US sources, this study demonstrates that distrust of state enterprises as well as antagonism towards Chinese speculators were significant factors in shaping the business strategies of targeted British firms under the New Economic Policy (NEP) in Malaysia. In addition, the business culture of some British firms served only to harden misperceptions and strengthen the resolve of the government to implement the NEP fully. Finally, in cushioning external shocks, firms embarked on …
Shakila Yacob And Nicholas White, ‘The “Unfinished Business” Of Malaysia’S Decolonisation: The Origins Of The Guthrie Dawn Raid’, Shakila P. Yacob Associate Professor
Shakila Yacob And Nicholas White, ‘The “Unfinished Business” Of Malaysia’S Decolonisation: The Origins Of The Guthrie Dawn Raid’, Shakila P. Yacob Associate Professor
Shakila Yacob
In a ‘dawn raid’ on the London Stock Exchange on 7 September 1981, the premiere British rubber and oil palm conglomerate in Malaysia, the Guthrie Corporation Limited, was taken into local control in less than four hours. Thiswas the most dramatic Malaysian acquisition of a foreign company during the restructuring of the country’s post-colonial economy during the 1970s and 1980s, and the Guthrie Dawn Raid remains a celebrated but, at the same time, contested juncture in contemporary Malaysian memory. Drawing upon a variety of sources—including original interviews and correspondence with key participants in, and observers of, the Guthrie Dawn Raid, …
Ford's Investment In Colonial Malaya, 1926-1957, Shakila P. Yacob Associate Professor
Ford's Investment In Colonial Malaya, 1926-1957, Shakila P. Yacob Associate Professor
Shakila Yacob
The corporate history of Ford in Malaya from 1926 to 1957 reveals Ford Canada’s global strategy to tap new British colonial markets. A combination of factors motivated Ford Canada to set up a subsidiary in Malaya, whose subsequent domestic sales and marketing success depended on maintaining mutually beneficial relations with the local merchant firms and Chinese entrepreneurs. After it was directed by the parent company to restructure its operations, Ford Canada imposed tight control on its own local operations to ensure that it could meet evolving consumer demands in Malaya and across the wider region. However, the company was careful …
United States Rubber Company In Southeast Asia, 1910-1942, Shakila Yacob Dr
United States Rubber Company In Southeast Asia, 1910-1942, Shakila Yacob Dr
Shakila Yacob
Welfare capitalism, the management ethos adopted by American business leaders in the early twentieth century, emphasizes the role of business rather than trade unions or government in taking care of its workers. This article focuses on the reasons why the United States Rubber Company (USRC), one of the four largest U.S. rubber manufacturers, promoted welfare capitalism at its rubber plantations on the east coast of Sumatra and Malaya between 1910 and 1942. In addition, this study assesses the development of USRC’s system of welfare in the areas of housing, profit sharing, pension plans, health care, and recreation. This article argues …