ABSTRACT

This chapter explores the motivations behind the foreign direct investment (FDI) decisions in the last decade of an East Asian Government Linked Corporation (GLC), the largest company in the world of its kind in terms of agricultural specialization, as it has expanded operations into Asia and Africa. The African plantations had been abandoned by a subsidiary of the GLC because of labor unrest and subsequent financial losses. If the motivation is always profit, why did the GLC take over the African venture? The conventional explanation by business commentators and political economists for investment decisions is profit. What other motive could there be?