Research Seminar Marleen Dielemann
Pantry 4th floor
Pandering to Politicians: A Multiple Agency Perspective on State-Owned Enterprises in Emerging Markets
Marleen Dielemann, NUS Business School of the National University of Singapore
Amsterdam Business Research Institute
Business and Organisation
Conference / Symposium / Seminar
This study clarifies principal-to-principal conflicts among government entities in state-owned enterprises (SOEs) in emerging markets. Specifically, we investigate under what conditions agents (CEOs) cave in to political demands by different government-linked principals. Our qualitative study in Indonesia documents the pressures that CEOs face from multiple government-related principals (which we classify into primary, shadow, claimed, indirect principals). We suggest CEOs’ degree of compliance with political demands is influenced by the hierarchy of government principals and the interconnectedness between the principals. We also suggest that CEOs’ compliance with illegitimate political demands is a trade-off between negative incentives (sanctions associated with compliance versus sanctions for not complying). CEO responses also depend on their own affiliations with principals, especially those of a clientelist nature. We formulate new propositions based on our findings that advance multiple-agency theory.
Dr. Marleen Dieleman is associate professor of strategy and family business at NUS Business School in Singapore. She holds a Master’s degree from Rotterdam School of Management and a PhD from Leiden University, both in The Netherlands. Her research focuses on the strategy and governance of Asian family business groups. Her publications explore how firms navigate the boundaries between firms and institutions. She published widely, including academic articles, books, chapters, and cases. Her work has often been quoted in international media such as Financial Times and she is a frequent keynote speaker and workshop leader. Marleen teaches strategy and family business in BBA, MBA and executive education programs. Marleen won the Outstanding Educator Award and the NUS Annual Teaching Excellence Award three times in a row and was placed on the NUS honor roll for sustained teaching excellence for 2017-2021.
Marleen enjoys interacting with business owners and corporate boards and has a particular interest in maritime and commodity-related sectors. She works closely with Asian family firms as a consultant and board member.