Corporate law

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Corporate law

Corporate law (also known as company or corporations law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The term refers to the legal practice of law relating to corporations, or to the theory of corporations. Corporate law often describes the law relating to matters which derive directly from the life-cycle of a corporation.

Pronunciation

  • /ˈkɔːr.pər.ət lɔː/

Etymology

The term "corporate law" is derived from the Latin word "corpus", meaning body, and the Middle English lawe, from Old English lagu, from the Old Norse lag, which means something laid down or fixed.

Related Terms

  • Corporate governance: The system of rules, practices, and processes by which a firm is directed and controlled.
  • Corporate finance: The area of finance dealing with the sources of funding and the capital structure of corporations.
  • Corporate crime: Crimes committed either by a corporation (i.e., a business entity having a separate legal personality from the natural persons that manage its activities), or by individuals acting on behalf of a corporation or other business entity.
  • Corporate social responsibility: A type of international private business self-regulation that aims to contribute to societal goals of a philanthropic, activist, or charitable nature by engaging in or supporting volunteering or ethically-oriented practices.

See Also

External links

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