Abstract
What role did foreign multinational corporations (MNCs) play in South Africa’s transition to democratic rule? At best, corporate codes of conduct, adopted by foreign MNCs as an alternative to sanctions, provided comfort for only a few South Africans, mostly company employees. Only disinvestment from critical industries enabled MNCs to be an effective catalyst for socio-political transformation.
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© 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Mangaliso, M.P. (1999). Disinvestment by Multinational Corporations. In: Crawford, N.C., Klotz, A. (eds) How Sanctions Work. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781403915917_7
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DOI: https://doi.org/10.1057/9781403915917_7
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