Conclusion

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter concludes the book and summarizes its main arguments: the type of legitimization strategies firms espoused to manage the postcolonial transition period in Ghana and Nigeria strategically. They relied on the then-dominant development discourse to frame their commercial activities, expanded their political networks and began to advance their African staff to more responsible positions. As the post-war development framework lost its relevance in the face of economic difficulties, multinationals found their organizational legitimacy undermined. Expropriations and indigenization decrees often required multinationals to rely even more on their African managers, who benefitted from these opportunities for investment and advancement. While the debate has usually focused on the question of control over foreign-dominated sectors of the economy, this book argues that legitimacy theory provides a better understanding of the strategies and constraints that multinationals were facing in West Africa and beyond.
Original languageEnglish
Title of host publicationPostcolonial Transitions and Global Business History
Subtitle of host publicationBritish Multinational Companies in Ghana and Nigeria
Place of PublicationNew York
PublisherRoutledge
Chapter7
Number of pages4
Edition1st
ISBN (Electronic)9781003001058
ISBN (Print)9780367428105
DOIs
Publication statusPublished - 30 Nov 2022

Publication series

NameRoutledge International Studies in Business History
PublisherRoutledge

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