TY - JOUR
T1 - Corporate political activity in less developed countries
T2 - The Volta River Project in Ghana, 1958-66
AU - Decker, Stephanie
PY - 2011/1/1
Y1 - 2011/1/1
N2 - The article expands existing categorisations of political and economic governance by including literature on less developed countries (LDCs). In four consecutive negotiations between the US multinational Kaisers and the US and Ghana governments in the early 1960s, it is argued that the company reached levels of influence that are at odds with existing explanations. In order to understand corporate political activities in LDCs, analysis needs to go beyond static factors (political risk) and include dynamic factors such as diplomatic relations and 'arenas of power', and consider the role of the investor's home country relative to the host economy.
AB - The article expands existing categorisations of political and economic governance by including literature on less developed countries (LDCs). In four consecutive negotiations between the US multinational Kaisers and the US and Ghana governments in the early 1960s, it is argued that the company reached levels of influence that are at odds with existing explanations. In order to understand corporate political activities in LDCs, analysis needs to go beyond static factors (political risk) and include dynamic factors such as diplomatic relations and 'arenas of power', and consider the role of the investor's home country relative to the host economy.
KW - corporate political activities
KW - Ghana
KW - Kaiser Aluminum & Chemicals Company
KW - Kwame Nkrumah
KW - Volta River Project
UR - http://www.scopus.com/inward/record.url?scp=84857883391&partnerID=8YFLogxK
U2 - 10.1080/00076791.2011.618223
DO - 10.1080/00076791.2011.618223
M3 - Article (Academic Journal)
AN - SCOPUS:84857883391
SN - 0007-6791
VL - 53
SP - 993
EP - 1017
JO - Business History
JF - Business History
IS - 7
ER -