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CORPORATE LAW: CORPORATE GOVERNANCE eJOURNAL
"Re-embedding the Corporation in Society and on Our Planet: Company Law as a Vehicle for Change"
Chapter 12 in Beate Sjåfjell, Carol Liao and Aikaterini Argyrou (eds), Innovating Business for Sustainability: Regulatory Approaches in the Anthropocene (Edward Elgar Publishing). University of Oslo Faculty of Law Research Paper No. 2022-23
BEATE SJÅFJELL, University of Oslo - Faculty of Law, College of Europe - European Legal Studies Department Email: b.k.sjafjell@jus.uio.no
The corporation needs to be ‘re-embedded’ in society and on our planet. Business is an integral element of the disembedding from society, through the way the corporation, a dominant legal form for undertaking business, has been conceptualised in the dominant legal-economic theories. This has formed the basis for and has been exacerbated through the social norm of shareholder primacy. Re-embedding the corporation requires a reconceptualisation of corporation’s role in society and the environment, and challenging a deeply gendered approach not only within business but also within sustainability science. Employing an interdisciplinarity feminist sustainability perspective, I make the case for using company law as a lever to re-embed the corporation through the embedding into the core of company law, key societal concepts of sustainability, drawing on sustainability research. The reform proposals concentrate on EU law but the reform ideas and the basis for them are of global relevance.
"Impact of Ownership Patterns on Outer Space Regulations"
Centre for Aerospace and Defence Laws, NALSAR University of Law (2022, Forthcoming) University of Hong Kong Faculty of Law Research Paper No. 2022/39
SIJUADE ANIMASHAUN, The University of Hong Kong Email: sijuade@connect.hku.hk
The increased participation of private companies and the commercialisation of outer space industry in recent times has generated considerable discourse among international regulatory bodies and experts about the potential effects of new entrants’ activities on the efficiency of existing international space laws and compliance approaches. In this article, I examine the recent trends in the space industry attributable to the new private actors, particularly the emerging risk exposures to existing global regulatory systems. Furthermore, I propose the adoption of corporate governance and ‘comply or explain’ compliance approach as a potential complementary regulatory tool to cushion the effects the non-state actors pose to the interconnected regulatory climes.
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