The Multinational Challenge to Corporation Law: The Search for a New Corporate Personality by Phillip I. Blumberg

The Multinational Challenge to Corporation Law: The Search for a New Corporate Personality

byPhillip I. Blumberg

Hardcover | April 8, 1993

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Modern multinational corporate groups of incredible complexity conducting world enterprises through numerous subsidiaries have rendered traditional corporation law archaic. The traditional concept of each corporation as a separate legal unit clashes with modern economic realities andfrustrates effective regulation when applied to affiliated corporations collectively conducting a common enterprise. In response, there is emerging a law of corporate groups directed at the enterprise rather than its corporate components. As national legal systems begin to apply enterprise law to multinationals, including their foreign companies, the resulting extraterritorial application of national law inevitably leads to international controversy. Resolution of the problems presented by conflicting national regulation ofmultinational enterprises presents a major challenge to international law and foreign relations law, as well as to corporation law. This volume is a comprehensive review and analysis of these major legal developments and their economic and political implications. It concludes with a pathbreaking analysis of the jurisprudential implications of the changing corporate personality in enterprise law focusing on economicorganization rather than on the conceptualized legal entity of yesterday.

About The Author

Phillip I. Blumberg is at University of Connecticut School of Law (Emeritus).

Details & Specs

Title:The Multinational Challenge to Corporation Law: The Search for a New Corporate PersonalityFormat:HardcoverDimensions:336 pages, 8.62 × 5.83 × 1.14 inPublished:April 8, 1993Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195070615

ISBN - 13:9780195070613

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"A comprehensive review of major legal developments in the law of corporate groups....This volume offers considerably more to the reader than a critical re-examination of the corporate jurisprudence....Legal practitioners should benefit from reading this title as much as academics andeducators."--International Company and Commercial Law Review