Abstract
The ownership and activism of institutional investors in large publicly traded gold mining companies have re-oriented business strategies toward maximising value for shareholders. This paper examines these strategies in the context of the commodity boom (and bust) of 2003–2015. A study of the activities of some of the largest gold mining companies reveals a re-alignment of their operations to satisfy the yield requirements, investment motives, and risk tolerance of institutional investors. By prying open the black-box of corporate decision-making, the expansion and subsequent contraction of mining activities are shown to have in part been enabled and constrained by the investment appetite of a particular class of investors. The findings make the case for a more situated analysis of corporations, a key but understudied actor in political ecology studies.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
