Hostile Business and the Sovereign State - Privatized Governance, State Security and International Law (Paperback)

This book describes and assesses an emerging threat to states' territorial control and sovereignty: the hostile control of companies that carry out privatized aspects of sovereign authority. The threat arises from the massive worldwide shift of state activities to the private sector since the late 1970s in conjunction with two other modern trends - the globalization of business and the liberalization of international capital flows. The work introduces three new concepts: firstly, the rise of companies that handle privatized activities, and the associated advent of "post-government companies" that make such activities their core business. Control of them may reside with individual investors, other companies or investment funds, or it may reside with other states through state-owned enterprises or sovereign wealth funds. Secondly, "imperfect privatizations:" when a state privatizes an activity to another state's public sector. The book identifies cases where this is happening. It also elaborates on how ownership and influence of companies that perform privatized functions may not be transparent, and can pass to inherently hostile actors, including criminal or terrorist organizations. Thirdly, "belligerent companies," whose conduct is hostile to those of states where they are active. The book concludes by assessing the adequacy of existing legal and regulatory regimes and how relevant norms may evolve.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Globalization: Law and Policy
Release date:	September 2020
First published:	2019
Authors:	Michael J. Strauss
Dimensions:	246 x 174 x 16mm (L x W x T)
Format:	Paperback
Pages:	190
ISBN-13:	978-0-367-66323-0
Categories:	Books > Business & Economics > Economics > Political economy Books > Business & Economics > Finance & accounting > General Books > Law > International law > Private international law & conflict of laws Books > Social sciences > Politics & government > International relations > General Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Commercial law Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Company law Books > Business & Economics > Economics > International economics > International trade > General
LSN:	0-367-66323-6
Barcode:	9780367663230

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