If you manage to secure a PhD overseas, then by all means go for it.
If not, then a PhD from our five local research universities (UM, UPM, UKM, USM, UTM) is good enough.
What's most important is your publications. Some might get a PhD from a highly ranked university overseas but if he doesn't produce any papers, that would be useless.
Yes, getting a PhD from a highly ranked university overseas will give a good impression initially but the next thing your employer will ask you is where are your publications.
I know a couple of local PhD graduates (who graduated from our five local research public universities) who are able to secure jobs at overseas universities including a quite highly ranked university in the UK. For them, they have massive publications. They are even much better compared to those who graduated overseas but hardly write any papers at all.
A PhD in Management is hardly valued in the industry except in consulting firms and in academia.
Thanks man for the advice. So basically what matter is not where you got your phd but rather the quality and quantity of the papers you publish.