Academics identify four legal characteristics universal to business enterprises. These are:
• Separate legal personality of the corporation (access to tort and contract law in a manner similar … See more

Ronald Coase has pointed out, all business organizations represent an attempt to avoid certain costs associated with doing business. Each is … See more

Through the operational life of the corporation, perhaps the most crucial aspect of corporate law relates to raising capital for the business to operate. The law, as it relates to … See more

Most case law on the matter of corporate governance dates to the 1980s and primarily addresses hostile takeovers, however, current research considers the direction of legal … See more

The law of business organizations originally derived from the common law of England, and has evolved significantly in the 20th century. In common law countries today, the most … See more

Members of a company generally have rights against each other and against the company, as framed under the company's constitution. However, members cannot generally claim against third parties who cause damage to the company which results in a … See more

Events such as mergers, acquisitions, insolvency, or the commission of a crime affect the corporate form. In addition to the creation of the corporation, and its financing, these events serve as a transition phase into either dissolution, or some other material … See more