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To study the development of corporate Malaysia, it is necessary to analyze how the Malaysian state has influenced its economy, especially in regard to the development of large firms. In particular, the state’s control of the financial sector has helped it promote both the rise of big business groups and encourage more generally the development of domestic enterprises. This pattern of enterprise development has been strongly influenced by East Asian corporate models, specifically the Korean chaebol and the Japanese keiretsu. The Malaysian government has used these models as templates because of its desire to promote the development of large, international conglomerates. Author: Terence Gomez.

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