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Chapter 2 examines questions of governance in colonial contexts. It considers how conceptions about governance of corporations bear similarities to approaches to colonial governance by colonial powers. The thin European staffing that is typical during colonialism, emphasis on reducing costs and covering colonial costs with local taxes, and focus on extraction draw attention to ways in which colonial corporate governance reflected decision-making and investment choices more appropriate for short-term corporate decision-making than long term decisions about entire societies that might impact millions of people. The internal construction of colonial governance and the often- problematic bifurcation between English law and customary law in British colonial contexts is also explored.
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