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International Journal of
Law, Policy and Social Review
ARCHIVES
VOL. 6, ISSUE 3 (2024)
Corporate law: An overview of modern legal practices and principles
Authors
Neha A Khairnar, Aakash Pawar
Abstract

Modern corporate law has undergone significant transformation, evolving from its historical roots to address the complexities of today’s business environment. Key principles such as corporate personality, limited liability, transferability of shares, and the separation of ownership and control are foundational to the effective governance of corporations. This review explores these principles in depth, alongside contemporary legal practices including the formation and registration of corporations, compliance and regulation, mergers and acquisitions, corporate financing, securities regulation, and insolvency and bankruptcy laws.

Recent advancements highlight the shift towards digital platforms for corporate registration, enhancing efficiency and transparency. Robust compliance frameworks and active regulatory bodies play a crucial role in maintaining corporate integrity. The dynamics of mergers and acquisitions, particularly cross-border transactions, are examined, emphasizing the necessity for comprehensive due diligence. Innovations in corporate financing, such as crowd funding and green bonds, are discussed in the context of sustainable business practices. Additionally, the article delves into the importance of securities regulation in protecting investors and ensuring fair markets, with an increasing emphasis on environmental, social, and governance (ESG) disclosures.

Corporate governance and ethics are underscored, focusing on the roles of the board of directors, shareholders’ rights, and corporate social responsibility (CSR). The impact of globalization on corporate law is analyzed, comparing practices across different jurisdictions and addressing the challenges of international mergers and acquisitions. This review integrates recent research to provide insights into the adaptive nature of corporate law, emphasizing its critical role in fostering economic growth, transparency, and accountability in a globalized business landscape. The comprehensive analysis underscores the necessity of robust regulatory frameworks and compliance mechanisms to maintain corporate integrity and promote long-term sustainability.
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Pages:243-247
How to cite this article:
Neha A Khairnar, Aakash Pawar "Corporate law: An overview of modern legal practices and principles". International Journal of Law, Policy and Social Review, Vol 6, Issue 3, 2024, Pages 243-247
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