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

doi:10.1007/s40804-018-0120-8

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

Tilburg Law and Economic Center (TILEC)

Research output: Contribution to journal › Article › Scientific › peer-review

8 Citations (Scopus)

Abstract

This paper explores the issue of re-making' corporate law through the prism of the United Nations' recent efforts at 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 language	English
Pages (from-to)	737-769
Number of pages	33
Journal	European Business Organization Law Review
Volume	19
Issue number	4
DOIs	https://doi.org/10.1007/s40804-018-0120-8
Publication status	Published - 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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10.1007/s40804-018-0120-8

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abstract = "This paper explores the issue of re-making' corporate law through the prism of the United Nations' recent efforts at 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.",

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

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Keywords

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