The corporation

Grietje (River) Baars and Simge Haznedaroglu

Chapter 37 in Research Handbook on Third World Approaches to International Law (TWAIL), 2025, pp 435-450 from Edward Elgar Publishing

Abstract: A TWAIL-inspired introduction to the corporation, a legal construct operating in the global political economy, at times an object and subject of international law. We describe how (metropolitan) corporations shaped early modern law, through their role in European ‘exploration’, plunder, and colonization of most of the Global South. We review some TWAIL (-aligned) writing on the corporation in the global political economy. We discuss the continuation of the corporation's historical role today facilitated through background rules. The example of OECD involvement in Turkish corporate governance reform illustrates international institutional intervention in Third World and so-called ‘Emerging Market’ economies in the service of Western capital, through the vehicle of the corporation. Finally, we outline various forms of resistance against such corporate neo- and recolonialization before concluding TWAIL scholars must expose the way background rules enable continued corporate colonialism and build alternative structures of ordering, production, and justice, from the ground up.

Keywords: Corporation; Colonialism; Third World; Emerging markets; Corporate governance; Decolonization (search for similar items in EconPapers)
Date: 2025
ISBN: 9781789901511
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