Activities per year
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.
Bibliographical noteThis is an electronic version of an article published in Decker, S 2011, 'Corporate political activity in less developed countries: the Volta River Project in Ghana, 1958-66', Business History, vol 53, no. 7, pp. 993-1017. Business History is available online at: http://www.informaworld.com/openurl?genre=article&issn=0007-6791&volume=53&issue=7&spage=993
- corporate political activities
- Volta River Project
- Kwame Nkrumah
- Kaiser Aluminum and Chemicals Company