Evaluation of Malaysian Corporate Investment Incentives

Most policy makers in Third World Countries have postulated the analogous predicament that tax incentives were imperative to investment decision over the last two decades. Such a postulation has spawned attempts by sceptical scholars to evaluate the effectiveness of investment incentives. In this pa...

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Main Author:	Barjoyai Bardai
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 1992
Online Access:	http://journalarticle.ukm.my/7952/ http://journalarticle.ukm.my/7952/ http://journalarticle.ukm.my/7952/1/1616-3051-1-SM.pdf

id	ukm-7952
recordtype	eprints
spelling	ukm-79522016-12-14T06:45:44Z http://journalarticle.ukm.my/7952/ Evaluation of Malaysian Corporate Investment Incentives Barjoyai Bardai, Most policy makers in Third World Countries have postulated the analogous predicament that tax incentives were imperative to investment decision over the last two decades. Such a postulation has spawned attempts by sceptical scholars to evaluate the effectiveness of investment incentives. In this paper several approaches had been used in the evaluation attempt. We started-by comparing incentive programes between the ASEAN countries based on the indifference assumption of foreign investors in terms of location. It has then been extended by observing the cost of doing business as a whole. A more scientific approach has been adopted through the use of trend projections or shift share analysis. It is an attempt to project the excess of investment over normal investment growth in Malaysia. It is identified as the outcome of investment tax incentives programme. Finally an empirical study had also been conducted on 629 companies operating in Malaysia as multinational. Overall, findings from all the analysis above indicate that tax incentives were considered a big stimulant to foreign investment in Malaysia. The survey had also established the crucial role of foreign investment in the robust development of the Malaysian economy over the last decade. Penerbit Universiti Kebangsaan Malaysia 1992 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/7952/1/1616-3051-1-SM.pdf Barjoyai Bardai, (1992) Evaluation of Malaysian Corporate Investment Incentives. Jurnal Pengurusan, 11 . pp. 95-124. ISSN 0127-2713 http://ejournals.ukm.my/pengurusan/issue/view/
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	Most policy makers in Third World Countries have postulated the analogous predicament that tax incentives were imperative to investment decision over the last two decades. Such a postulation has spawned attempts by sceptical scholars to evaluate the effectiveness of investment incentives. In this paper several approaches had been used in the evaluation attempt. We started-by comparing incentive programes between the ASEAN countries based on the indifference assumption of foreign investors in terms of location. It has then been extended by observing the cost of doing business as a whole. A more scientific approach has been adopted through the use of trend projections or shift share analysis. It is an attempt to project the excess of investment over normal investment growth in Malaysia. It is identified as the outcome of investment tax incentives programme. Finally an empirical study had also been conducted on 629 companies operating in Malaysia as multinational. Overall, findings from all the analysis above indicate that tax incentives were considered a big stimulant to foreign investment in Malaysia. The survey had also established the crucial role of foreign investment in the robust development of the Malaysian economy over the last decade.
format	Article
author	Barjoyai Bardai,
spellingShingle	Barjoyai Bardai, Evaluation of Malaysian Corporate Investment Incentives
author_facet	Barjoyai Bardai,
author_sort	Barjoyai Bardai,
title	Evaluation of Malaysian Corporate Investment Incentives
title_short	Evaluation of Malaysian Corporate Investment Incentives
title_full	Evaluation of Malaysian Corporate Investment Incentives
title_fullStr	Evaluation of Malaysian Corporate Investment Incentives
title_full_unstemmed	Evaluation of Malaysian Corporate Investment Incentives
title_sort	evaluation of malaysian corporate investment incentives
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	1992
url	http://journalarticle.ukm.my/7952/ http://journalarticle.ukm.my/7952/ http://journalarticle.ukm.my/7952/1/1616-3051-1-SM.pdf
first_indexed	2023-09-18T19:51:05Z
last_indexed	2023-09-18T19:51:05Z
_version_	1777406223725887488

Evaluation of Malaysian Corporate Investment Incentives

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