Arbeitspapier

Changes of Ownership and Identities of Malaysian Banks: Ethnicity, State and Globalization

This article analyses the changes of ownership and identities of Malaysia's locallyowned banks in a series of merger and acquisitions (M&A) within national border and beyond. The article begins with description of the establishments of local banks in Malaya and later Malaysia which were mainly founded and owned by ethnic Chinese. The author then examines how the internal factors (protracted affirmative action policy and the consolidations of local banks by the state) and external factors (forces of globalization) had changed Malaysia's local banks from mainly Chinese-owned to state-owned and from medium-size domestically-based to large-scale regionally-based banking groups. The author shows how the internal factors have been shaping the ownership and identity of Malaysian banks, which aim to facilitate the formation of a Malay entrepreneurial class. The author also show how the external factors have been shaping the strategies and size of the Malaysian banking groups to become huge regional banks to compete with foreign banks for sizable and value deals in the region, in the context of greater liberalization of the financial sector.

Sprache
Englisch

Erschienen in
Series: Copenhagen Discussion Papers ; No. 2015-51

Klassifikation
Wirtschaft
Thema
Affirmative action policy
Bank consolidation
Liberalization of financial sector
Chinese
Bumiputera
Expansion of local banks
Bank
Branchenentwicklung
Finanzsystem
Eigentümerstruktur
Finanzmarktregulierung
Bankgeschichte
Malaysia

Ereignis
Geistige Schöpfung
(wer)
Whah, Chin Yee
Ereignis
Veröffentlichung
(wer)
Copenhagen Business School (CBS), Asia Research Centre (ARC)
(wo)
Frederiksberg
(wann)
2015

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Whah, Chin Yee
  • Copenhagen Business School (CBS), Asia Research Centre (ARC)

Entstanden

  • 2015

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