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The Feudal Lords of Lahore’s stock exchange

Mohamed, Noor and Hassan, Arif (2010) The Feudal Lords of Lahore’s stock exchange. IIUM Journal of Case Studies in Management, 1 (1). pp. 55-60. ISSN 2180-2327

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The case provides a good example of the challenges that an expatriate manager may face abroad. In the backdrop of the socio-cultural and political realities, the case presents the experience of a Malaysian expatriate who was appointed as a CEO of a joint venture brokerage company in Pakistan. The CEO was assigned the task of infusing vitality and turning around this loss-making company. The CEO experienced several shocking cultural differences and unethical and clandestine practices in the organization. The chief architect behind all these feudal and corrupt practices was the man who had been working as a General Manager for a long time. The Malaysian CEO patiently studied the organizational culture and practices and introduced several cultural and structural changes. He also tried to plug holes in the daily operations and put an end to the corrupt practices seemingly going on for some time. That sounded the alarm bell to the Pakistani GM and through political manoeuvring, he was able to create a situation where the Malaysian CEO had to leave the country in a huff thus stalling all the change process initiated by him.

Item Type: Article (Journal)
Additional Information: 2898/2348
Subjects: H Social Sciences > HF Commerce > HF5001 Business. Business Administration > HF5387 Business ethics
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button): Kulliyyah of Economics and Management Sciences > Department of Business Administration
Depositing User: Prof. Arif Hassan
Date Deposited: 15 Sep 2011 13:25
Last Modified: 14 Feb 2012 11:57
URI: http://irep.iium.edu.my/id/eprint/2348

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