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The Law and Governance of Decentralised Business Models - Between Hierarchies and Markets (Hardcover)
Loot Price: R3,785
Discovery Miles 37 850
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The Law and Governance of Decentralised Business Models - Between Hierarchies and Markets (Hardcover)
Series: Routledge Research in Corporate Law
Expected to ship within 12 - 17 working days
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This book draws together themes in business model developments in
relation to decentralised business models (DBMs), sometimes
referred to as the 'sharing' economy, to systematically analyse the
challenges to corporate and organisational law and governance. DBMs
include business networks, the global supply chain, public-private
partnerships, the platform economy and blockchain-based
enterprises. The law of organisational forms and governance has
been slow in responding to changes, and reliance has been placed on
innovations in contract law to support the business model
developments. The authors argue that the law of organisations and
governance can respond to changes in the phenomenon of
decentralised business models driven by transformative technology
and new socio-economic dynamics. They argue that principles
underlying the law of organisations and governance, such as
corporate governance, are crucial to constituting, facilitating and
enabling reciprocality, mutuality, governance and redress in
relation to these business models, the wealth-creation of which
subscribes to neither a firm nor market system, is neither
hierarchical nor totally decentralised, and incorporates
socio-economic elements that are often enmeshed with incentives and
relations. Of interest to academics, policymakers and legal
practitioners, this book offers proposals for new thinking in the
law of organisation and governance to advance the possibilities of
a new socio-economic future.
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