The Global Role of Corporate Law

35 Pages Posted: 13 Apr 2001

See all articles by David Jackson

David Jackson

Delaware Journal of Corporate Law

Joseph B. Frumkin

Sullivan & Cromwell

Carolyn Berger

Government of the State of Delaware - Supreme Court of Delaware

A. Gilchrist Sparks

Morris, Nichols, Arsht & Tunnell, Attorneys At Law

Abstract

One of the things I've been reflecting on as the discussions have gone on during the course of the day, is that it's often said that we're divided by a common language between the U.K. and the U.S. I'm not quite sure, in fact, that we are not divided by the common law. But we'll come onto that in a few minutes.

I'm trying to look at the issues facing companies from a global point of view against a business approach. Corporations want to expand. They want to expand trade in other countries other than their own. They want to acquire businesses. They want to joint venture.

Why do they want to do that? They want to do that because they want to grow. Growth is the key thing that is being driven by our capital markets. We heard earlier on from Michael Price and others about how important it is to ensure that the institutional investors' interests are properly reflected and properly dealt with. And what they're looking for all the time is growth.

Suggested Citation

Jackson, David and Frumkin, Joseph B. and Berger, Carolyn and Sparks, A. Gilchrist, The Global Role of Corporate Law. As published in Delaware Journal of Corporate Law, Vol. 25, No. 1, pp. 106-130, 2000. Available at SSRN: https://ssrn.com/abstract=266744

David Jackson (Contact Author)

Delaware Journal of Corporate Law

Widener University School of Law
P.O. Box 7286
Wilmington, DE 19803
United States

Joseph B. Frumkin

Sullivan & Cromwell

125 Broad Street
New York, NY 10004-2498
United States

Carolyn Berger

Government of the State of Delaware - Supreme Court of Delaware

820 North French Street
P.O. Box 1997
Wilmington, DE 19801

A. Gilchrist Sparks

Morris, Nichols, Arsht & Tunnell, Attorneys At Law ( email )

1201 N. Market Street
P.O. Box 1347
Wilmington, DE 19899

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