Corporate Law studies the interaction among different stakeholders of a company. Stakeholders can be directors, employees, shareholders and consumers. It is studied as a part of the company law, which is a broader field. Primary purpose of corporate law is to balance the power among different entities of a corporate or a company. Moreover, corporate law is applicable only to the companies that are registered under the company law act of a sovereign state.
Corpoate Law can be divided into Corporate governance and corporate finance. It looks at the two different aspects of a corporation. In Corporate governance, law establishes the various power relations within a company. In corporate finance, Law concerns with the way capital are used. Balancing of Power states that Directors of the company has the governing power, and they can take a decision for the associated stakeholders as well.
Corporate law is much more complex than it looks. Moreover, accounting professionals also studies corporate law because of the nature of the subject. Corporate finance law requires you to be good with accounting concepts. If you need help with Corporate law assignment, you can take Corporate law assistance from us at affordable price.
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