IDEAS home Printed from https://ideas.repec.org/a/eme/qrfmpp/qrfm-04-2016-0013.html
   My bibliography  Save this article

Petty-bourgeois nationalism – a case study

Author

Listed:
  • C.A. Saliya
  • Noel Yahanpath

Abstract

Purpose - The purpose of this paper is, first, to show how certain bank capitalists in an Asian country (AC) make credit decisions and what methods they use to justify their irrational investment decisions, and second, to investigate why they make such unproductive investment decisions. Design/methodology/approach - The research adopts the case-study methodology, using the theory of petty-bourgeois nationalism as the theoretical framework for data analysis and interpretation. Findings - The research findings provide evidence to strengthen the theory of petty-bourgeois nationalism. They reveal that bank capitalists in this country do use “nationalism” as a mask to justify their unproductive investment decisions. The data show that such decisions, aimed at import protection, were made to protect their own domains of business by wasting public resources, thus in effect making road-blocks to economic development in AC. Research limitations/implications - The paper attempts to fill a gap in the literature pertaining to bank lending and its co-integration with a country’s economic development. Social implications - This study argues that such irrational unproductive investments are made under the guise of nationalism and/or patriotism, motivated by egoistic bank owners to protect their spheres of business. Originality/value - The research in this paper is original because it is the first critical analysis of a case from an AC on petty-bourgeois nationalism.

Suggested Citation

  • C.A. Saliya & Noel Yahanpath, 2016. "Petty-bourgeois nationalism – a case study," Qualitative Research in Financial Markets, Emerald Group Publishing Limited, vol. 8(4), pages 359-368, November.
    • Handle: RePEc:eme:qrfmpp:qrfm-04-2016-0013
    DOI: 10.1108/QRFM-04-2016-0013
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/QRFM-04-2016-0013/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/QRFM-04-2016-0013/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/QRFM-04-2016-0013?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Candauda Arachchige Saliya & Kelum Jayasinghe, 2016. "Creating and reinforcing discrimination: The controversial role of accounting in bank lending," Accounting Forum, Taylor & Francis Journals, vol. 40(4), pages 235-250, December.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Walaa Wahid ElKelish*, 2023. "Accounting for Corporate Human Rights: Literature Review and Future Insights," Australian Accounting Review, CPA Australia, vol. 33(2), pages 203-226, June.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eme:qrfmpp:qrfm-04-2016-0013. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Emerald Support (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.