Corporate political activity in less developed countries:The Volta River Project in Ghana, 1958-66


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.

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Divisions: College of Business and Social Sciences > Aston Business School > Economics, Finance & Entrepreneurship
College of Business and Social Sciences > Aston Business School
Additional Information: This 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:
Uncontrolled Keywords: corporate political activities,Volta River Project,Kwame Nkrumah,Kaiser Aluminum and Chemicals Company,Ghana
Publication ISSN: 1743-7938
Last Modified: 22 May 2024 07:09
Date Deposited: 11 Mar 2019 18:04
Full Text Link: ... sue=7&spage=993
Related URLs: http://www.scop ... tnerID=8YFLogxK (Scopus URL)
PURE Output Type: Article
Published Date: 2011-12-14
Authors: Decker, Stephanie (ORCID Profile 0000-0003-0547-9594)



Version: Accepted Version

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