Corporate governance refers to the system by which companies are directed and controlled. It involves balancing the interests of a company’s many stakeholders, such as shareholders, management, customers, suppliers, financiers, government, and the community. International business law governs the legal relationships between private corporations, organizations and countries.
Special Cases
- Cross-border mergers and acquisitions: When two companies from different countries merge or one company acquires another, the laws of both countries come into play. International business lawyers must navigate complex legal and regulatory requirements to ensure the transaction complies with both domestic and international laws.
- Joint Ventures: Joint ventures are a common way for companies to collaborate and share resources. International business lawyers must carefully structure joint ventures to ensure that each company’s interests are protected and that the venture complies with local laws.
- Intellectual Property: Protecting a company’s intellectual property is critical to its success, and international business lawyers must be familiar with the intellectual property laws of each country in which their clients operate.
Keywords
Corporate governance, international business law, cross-border mergers and acquisitions, joint ventures, intellectual property
References
- International Corporate Governance Network (ICGN). (n.d.). What is Corporate Governance? Retrieved January 30, 2023, from https://icgn.org/what-is-corporate-governance/
- The World Bank Group. (n.d.). International Business Law. Retrieved January 30, 2023, from https://www.worldbank.org/en/topic/privatesector/brief/international-business-law