Changing corporate domicile: the case of the Rhodesian Selection Trust companies

TY - JOUR

T1 - Changing corporate domicile: the case of the Rhodesian Selection Trust companies

AU - Mollan, Simon Michael

AU - Frank, Billy

AU - Tennent, Kevin Daniel

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PY - 2020/6/25

Y1 - 2020/6/25

N2 - This article explores the transfer of corporate domicile of the Rhodesian Selection Trust group of “Free-Standing Companies” (FSCs) from the UK to Northern Rhodesia. To explore the ‘nationality of the company’ we question how political and economic factors affected strategic decision-making. We contribute further understanding of the impact of international double taxation to the history of FSCs. The article illustrates how the ‘nationality of the firm’ became a contested zone of interaction as British imperial power waned, American capital investment became more dominant, and colonies began to assert themselves in their own ‘national’ interests. We conclude that international taxation was a decisive factor in the relocation of domicile, and was linked to changes in the organizational forms adopted by international business in this period. We use this to contribute to the historiographical debate about the decline of FSCs in the international economy, and the position of business in decolonization.

AB - This article explores the transfer of corporate domicile of the Rhodesian Selection Trust group of “Free-Standing Companies” (FSCs) from the UK to Northern Rhodesia. To explore the ‘nationality of the company’ we question how political and economic factors affected strategic decision-making. We contribute further understanding of the impact of international double taxation to the history of FSCs. The article illustrates how the ‘nationality of the firm’ became a contested zone of interaction as British imperial power waned, American capital investment became more dominant, and colonies began to assert themselves in their own ‘national’ interests. We conclude that international taxation was a decisive factor in the relocation of domicile, and was linked to changes in the organizational forms adopted by international business in this period. We use this to contribute to the historiographical debate about the decline of FSCs in the international economy, and the position of business in decolonization.

KW - International taxation

KW - international business history

KW - Free-standing companies

KW - Zambi/Northern Rhodesia

KW - domicile

KW - imperialism

KW - colonialism

U2 - 10.1080/00076791.2020.1763308

DO - 10.1080/00076791.2020.1763308

M3 - Article

SN - 0007-6791

VL - 0

JO - Business History

JF - Business History

M1 - 1763308

ER -