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.
