Purpose This viewpoint aims to contribute to understanding corporate power in two key respects. First, it provides insight into the ways in which transnational corporations continue to operate as vehicles for neo-colonial projects, which are underpinned by exploitation and racial hierarchies. Second, it highlights the significance of investigative journalism in providing a crucial empirical resource for both activists engaged in holding power to account and scholars engaged in critical research into corporate power and civil society activism. Design/methodology/approach This viewpoint combines an interview with an investigative journalist and the academic commentary provided by the authors in response to the interview. Findings This viewpoint highlights contemporary mutations in the concentration of corporate power, along three broad themes: the growth of transnational institutions critical to enabling and supporting abuses of transnational corporate power and neo-colonialism; the emergence of corporate-run political territories secured by private security organisations; and the corporate attack on progressive politics. It also analyses the important role of investigative journalism in advancing knowledge of transnational corporate power as well as its role in holding such power to account and the urgent need for new forms of independent journalism to support union activism, whistleblowing and other forms of democratic activism. Research limitations/implications This viewpoint engages with an alternative tradition of social critique and the critique of corporate power, which has been underrepresented in the field of international business. Practical implications This study highlights the significance of investigative journalism in providing a crucial empirical resource for both activists engaged in holding power to account and scholars engaged in critical research into corporate power and civil society activism. Social implications These implications entail developing a critique of transnational corporate power and neo-colonialism, enriching democtratic oversight and journalism, and supporting freedom of expression and democratic activism. Originality/value To the best of the authors’ knowledge, minimal research has explored the critical role of investigative journalism in uncovering and holding transnational corporate power accountable. This paper therefore offers a highly original contribution by addressing this significant yet underexamined area.
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