- [UNTITLED]
- Acknowledgements
- List of Figures
- List of Tables
- Abbreviations
- Notes on Contributors
- Introduction
- Foundations of Business Groups: Towards an Integrated Framework
- Business Groups in Historical Perspectives
- Business Groups in Prewar Japan: Historical Formation and Legacy
- Business Networks in Postwar Japan: Whither the Keiretsu?
- Business Groups in South Korea
- Business Groups in Taiwan
- Business Groups in China
- Business Groups in Thailand
- Business Groups in Singapore
- Business Groups in India
- Business Groups in Argentina
- Business Groups in Brazil
- Business Groups in Chile
- Business Groups in Mexico
- Business Groups in Israel
- Business Groups in Turkey
- Business Groups in Russia
- Business Groups in South Africa
- Business Groups in Emerging Markets: Paragons or Parasites?
- The Riddle of the Great Pyramids
- Economic Institutions and the Boundaries of Business Groups
- Business Groups and the State: The Politics of Expansion, Restructuring, and Collapse
- Corporate Governance of Business Groups
- The Kin and the Professional: Top Leadership in Family Business Groups
- Diversification Strategy and Business Groups
- Capability Building in Business Groups
- Technological Innovation and Business Groups
- Index
Abstract and Keywords
This article updates a previous analysis of the changing face and strategies of South African big business. In particular, it examines whether the group structure that characterized the country's business system under apartheid is now being used in the context of black economic empowerment. It presents an historical overview of the development of South African business groups and sketches the main policy developments since 1994 and their influence on groups. It also analyzes the case of Anglo-American and Rembrandt, by far South Africa's largest groups. Furthermore, it analyzes the recent rise of black groups in the broader framework of changing state–business relations. It concludes by framing the discussion in the broader pictures of the discussion on the transformation of corporate ownership in emerging economies and of the dynamics of economic growth and job generation in South Africa.
Keywords: South African business groups, policy developments, state–business relations, corporate ownership, economic growth
Andrea Goldstein is Deputy Director of the Heiligendamm Dialogue Process Support Unit at the OECD, France (at the time of writing he was a Senior Economist at the OECD Directorate for Financial and Enterprise Affairs). His research interests include regulatory reform in network industries, the impact of the emergence of China and India on other developing countries, and multinationals from emerging, transitional, and developing countries. He has published in several journals including Asian Development Review, Cambridge Journal of Economics, Industrial and Corporate Change, Journal of World Business, and World Economy. He is also the author of Multinational Companies from Emerging Economies: Composition, Conceptualization and Direction in the Global Economy (Palgrave, 2007).
Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.
Please subscribe or login to access full text content.
If you have purchased a print title that contains an access token, please see the token for information about how to register your code.
For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.
- [UNTITLED]
- Acknowledgements
- List of Figures
- List of Tables
- Abbreviations
- Notes on Contributors
- Introduction
- Foundations of Business Groups: Towards an Integrated Framework
- Business Groups in Historical Perspectives
- Business Groups in Prewar Japan: Historical Formation and Legacy
- Business Networks in Postwar Japan: Whither the Keiretsu?
- Business Groups in South Korea
- Business Groups in Taiwan
- Business Groups in China
- Business Groups in Thailand
- Business Groups in Singapore
- Business Groups in India
- Business Groups in Argentina
- Business Groups in Brazil
- Business Groups in Chile
- Business Groups in Mexico
- Business Groups in Israel
- Business Groups in Turkey
- Business Groups in Russia
- Business Groups in South Africa
- Business Groups in Emerging Markets: Paragons or Parasites?
- The Riddle of the Great Pyramids
- Economic Institutions and the Boundaries of Business Groups
- Business Groups and the State: The Politics of Expansion, Restructuring, and Collapse
- Corporate Governance of Business Groups
- The Kin and the Professional: Top Leadership in Family Business Groups
- Diversification Strategy and Business Groups
- Capability Building in Business Groups
- Technological Innovation and Business Groups
- Index