Corporate Political Activity and Intra-African Foreign Direct Investments: Evidence from Uganda’s Electricity Industry

Engaging Stakeholders Through Corporate Political Activity: Insights From MNE Nonmarket Strategy in an Emerging African Market

“…The CPAoriented strategic management of such MNEs, in effect, also reflects a nation-building dimension that is of international strategic interest (International-Alert, 2014; UN, 2015). More broadly, such MNEs are contributing to strengthening intra-African FDI and creating more coherent markets (Mbalyohere, 2016;Okonjo-Iweala, 2013). The quality of anticipation that Avin demonstrated regarding cogeneration, irrespective of early institutional challenges, constituted an example of how CPA can instigate strategic change in an industry (Lawton et al, 2013;Oliver and Holzinger, 2008).…”

“…This was to ensure the emergence of a viable and sustainable model that robustly reflected the embedded stakeholder needs and evolving realities of the continent. Such a model also needed to tap into the young and fast-growing population of the continent (Bickersteth, 2015) and evolve into a facilitative mechanism for increased intra-African trade and investment (Mbalyohere, 2016).…”