Legal Challenges for Corporations in the 21st Century

Kaushik Basu () and Ajit Mishra
Additional contact information
Kaushik Basu: Cornell University

Chapter Chapter 10 in Law and Economic Development, 2023, pp 257-270 from Springer

Abstract: Abstract This chapter is based on a transcript of the Panel Discussion on Legal Challenges for Corporations in the 21st Century, held as part of the International Economic Association (IEA) Roundtable. The three panellists for this session were Dr. Naushad Forbes (Co-Chairman, Forbes Marshall), Mr. Dhruv Sawhney (Chairman, Triveni Group, India), and Mr. Janmejaya Sinha (Chairman, Boston Consulting, India). The session covered three main issues, and this chapter provides a summary of the discussions on these issues. The first issue relates to the regulation of the big corporations, in the light of the general perception that the traditional antitrust laws are not proving to be adequate. The second question is whether there should be more effort to develop global laws and conventions, since in a globalized world the laws governing business remain balkanized and nation specific. The third issue relates to the problem of designing and pursuing suitable anti-corruption policies, since a badly designed corruption control policy can be very damaging for business and the economy. The chapter presents the views of the three corporate leaders and other participants.

Keywords: Monopoly; Antitrust legislation; Globalization; Competition; Corruption control; Red tape; Sanctions; Norms (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-031-24938-9_10

Ordering information: This item can be ordered from
http://www.springer.com/9783031249389

DOI: 10.1007/978-3-031-24938-9_10

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().