Corporate Group Legitimacy

Reconceptualising the Corporate Group

Peter Underwood

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Hardback

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English

Routledge
01 August 2024

Economics; Management of specific areas; Sales & marketing; Jurisprudence & general issues; Company law

Series: Routledge Research in Corporate Law

This book focuses on the legitimacy of corporate power wielded by corporate groups, integrating legal doctrine, economic analysis, and theoretical approaches. It reassesses how corporate groups can maintain legitimacy whilst exercising corporate power.

Corporate groups are a prominent commercial feature of many jurisdictions and present unique challenges. The book argues that when analysed through the lens of corporate social responsibility, a legitimacy deficiency emerges. This arises from a lack of historical debate, diluted control mechanisms, and inflated growth, utilising unique features of the corporate group. It explores how the magnified power of the corporate group presents acute challenges for corporate legitimacy. Data is utilised alongside current examples of corporate groups which identify structural architectural patterns. It explores new technologies such as Artificial Intelligence and blockchain as ways of attaining legitimacy. It presents methods of attaining legitimacy for the continued wielding of power to be held within corporate groups.

This book spans several research interests under the corporate law umbrella. It will be of interest to traditional black letter company lawyers. Additionally, it will be of interest to those who have an interest in business and those who are interested in the role of technology.

By: Peter Underwood
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 570g
ISBN: 9781032543277
ISBN 10: 1032543272
Series: Routledge Research in Corporate Law
Pages: 210
Publication Date: 01 August 2024
Audience: Professional and scholarly , Undergraduate
Format: Hardback
Publisher's Status: Active

Peter Underwood is Senior Lecturer at Auckland Law School. Prior to this, he was a lecturer in Law at the University of Exeter where he was awarded his PhD and served as a director for the Centre for Commercial and Corporate Law. His research focuses on corporate law and governance and legal issues arising from the imbalance and separation of power within modern corporations. This interest spans Corporate Governance and Responsibility, Corporate Social Responsibility, and the impact on society. He is also interested in the role Artificial Intelligence could play in the corporate governance framework.