Financial Performance of Alaska Native Regional Corporations

Abstract

This edition of the Alaska Review of Social and Economic Conditions examines one narrow measure of how well Alaska Native Corporations have done in managing nearly 1 billion dollars and 44 million acres for the benefit of their shareholders. It describes the financial performance of the regional corporations from their beginnings in 1973 through 1990. We also report available information on shareholder employment. The endowment of natural resources in each region explains a lot about the relative financial success of the corporations: some regions just have more marketable resources than others. But aside from the differences attributable to random resource distribution, we can make several points about the corporations' cumulative financial performance over this period.