This chapter explores how multiple corporate structures in multinational enterprises operating in developing countries, and in Africa in particular, make determinations of responsibility among the members of such corporate families difficult. Specifically, this chapter challenges the assumption that the end of colonial rule and the founding of African states threw off the economic subordination that characterized colonial-era corporate activity in Africa. The end of colonial rule was accompanied by a desire on the part of multinational corporations to re-legitimize their activities in service of the newly independent governments through Africanization, which involved hiring African directors and officers as well as establishing domestic subsidiaries with African directors and officers. These strategies, together with the indigenization policies of post-colonial governments, in part account for the emergence and proliferation of multiple corporate structures in post-colonial African countries. Those complex structures, in turn, facilitate opportunistic behavior by transnational elites and complicate attribution of responsibility in the context of taxes and other financial liabilities.

After four decades of learning by trial and error, the CCP has achieved total control over every aspect of society, including all resources, firms, and the population. This, along with its objective of “treating the entire nation as a chessboard” has propelled the CCP to run the country as a giant corporation. Living, working, and doing business in China is not a right, but a privilege granted by the party. To a great degree, state-owned firms are business units, state-related firms are subsidiaries, private firms are joint ventures, and foreign firms are franchisees of the party-state, with the party leader being the CEO of China, Inc. China, Inc. enjoys the agility of a business firm and the vast resources and capabilities of a state. The interplay between China and other countries is essentially a rivalry between a huge corporation and other countries. And the competition between a Chinese firm and a foreign firm can become a match between the Chinese state and the latter. This new perspective will help the international community reexamine global competition. It will also aid researchers to further explore this new phenomenon.