期刊名称:Journal of Entrepreneurship, Management and Innovation
印刷版ISSN:2299-7075
电子版ISSN:2299-7326
出版年度:2013
卷号:9
期号:3
页码:21-41
DOI:10.7341/2013932
语种:English
出版社:Nowy Sacz Business School National-Louis University
摘要:Quite ofen, people have negatve views on government-linked companies (GLCs) due to the unsatsfactory performance of some key players. In order to improve the performance of GLCs in the country, Malaysian government implemented GLC Transformaton Program (GLCT) in 2004. As the program is approaching its ending phase, some efforts are needed to assess the performance of GLCs. This study aimed to examine the influence of EO dimensions on the performance of GLCs. The sample of this study consisted of 153 subsidiaries and branches of G20. Based on the multple regression analysis performed, this study found that all the fve dimensions in EO, namely innovatveness (INNO), pro-actveness (PROA), risk-taking (RISK), compettve aggressiveness (COMP) and autonomy (AUTO) recorded signifcant positve effects on performance of GLCs. Compettve aggressiveness was identfed as the most important factor that influences the performance of GLCs. As such, all the hypotheses developed for this study were supported. The results suggested that EO is not only suitable to be applied in privately owned companies, but also in GLCs. Hence, GLCs should not be perceived as public enttes and they should be more entrepreneurial in managing their organizatons to achieve high performance. Furthermore, this study also verifed that EO is a good determinant of GLCs’ performance. At the end of this paper, recommendatons for future research have been put forth.