Multinational Corporations (MNCs) and Corruption in Africa
DOI:
https://doi.org/10.53704/jmss.v5i2.76Abstract
Multinational corporations (MNCs) are key actors in contemporary International economic relation. Moreover, the motivations for Multinational corporations (MNCs) in Africa have generated debate in the literature. The aim of this study is to identify the dimensions of Multinational corporations (MNCs) involvement in corruption in Africa. However, secondary data such as text books, Journals and Internet sources were used in this study. Besides, content analysis was employed in its analysis while the Oligopoly theory was adopted. Also, it was observed that some Multinational corporations (MNCs) in Africa such as Halliburton in Nigeria, Mabey & Johnson in countries such as Ghana, Madagascar, Angola, Mozambique and South Africa among others have been involved in various corrupt practices in some countries in Africa in collaboration with corrupt government officials. Lastly, to combat corrupt practices involving Multinational corporations (MNCs) and government officials in Africa requires concerted efforts from both the home and host country.Keyword Â
Corruption, multinational corporations (MNCs), government officials, Africa,
international collaboration
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