Corporate disruption and the design of organizations: The law and design of organizations in the 21st century

Joseph Mc Cahery, William Callison, Mark Fenwick, Erik Vermeulen

    Research output: Contribution to journalArticleScientificpeer-review

    1 Citation (Scopus)

    Abstract

    This paper explores the issue of 're-making' corporate law though the prism of the United Nations' recent efforts of reducing legal obstacles experienced by micro-, small- and medium sized enterprises in starting and scaling a business. In order to be fully successful, this paper suggests that the UN should go back to business fundamentals and should attempt to build from the ground up based on the real world needs of entrepreneurs, rather than work off already existing corporate legal systems. In this way, it is possible to engage in a more imaginative form of regulatory design in which a clear, open and preferential legal framework for stimulating innovation and business creation can be developed.
    Original languageEnglish
    Pages (from-to)737-769
    Number of pages33
    JournalEuropean Business Organization Law Review
    Volume19
    Issue number4
    DOIs
    Publication statusPublished - 14 Dec 2018

    Keywords

    • Company, Corporate Governance, Corporation, Formal Economy, Freedom of Contract, Hybrid Business Forms, Internal economy, Micro-finance organizations, Theory of the Firm

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