February 14, 2021

Rethinking GLCs/GLICs in a time of stakeholder capitalism

There are three fundamental questions that we need to consider when it comes to government-linked corporations (GLCs) and government-linked investment corporations (GLICs). First, should the State get involved in the economy? Second, should the GLCs/GLICs, which are essentially agents of the Malaysian State, act as if they were private actors Third, what purpose should GLCs/GLICs serve in the new era of stakeholder capitalism?
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