- Log In/Sign Up
- E-ISSN2288-2766
- KCI
E-ISSN : 2288-2766
Legal Considerations to Make a Successful Corporate Decision: Evidence from Prior Literature Analysis
kojaejong
Abstract
Purpose – It is chaotic when doing a business without legal patterns and rules; individuals who make legal decisions without legal consideration are often protecting their interests and forgetting others. This study aims to suggest key solutions how companies can make better decision based on legal considerations through investigation comprehensive literature analysis. Research design, Data, and methodology – This research conducted qualitative textual method and a technique called ‘Qualitative Comparative Analysis’ (QCA) can be used to understand better why certain things change while others do not. In tough situations, QCA is a strategy for comparing several occurrences. Result – Total six considerations were founded by the QCA for better corporate decision. Based on these considerations, all stakeholders, shareholders, and every employee should nominate and vote on one person to be their leader in the organization; fair practices in choosing the governor of the organization through legal binding will bring peace and order to the company. Conclusion – It was time consuming to go through every detailed material that entails legal consideration in making corporate decision. The concept of same profile in the research is critical whereby many authors are using same concept to write their articles and books. Using pure concept from one source limits the research and gives inadequate information.
- keywords
- Legal Consideration, Business Management, Decision Strategy
Reference
Calomiris, C. W., Larrain, M., Liberti, J., & Sturgess, J. (2017). How collateral laws shape lending and sectoral activity. Journal of Financial Economics, 123(1), 163-188.
Castaldi, C. (2020). All the great things you can do with trademark data: Taking stock and looking ahead. Strategic Organization, 18(3), 472-484.
Cherry, C. E., & Pidgeon, N. F. (2018). Is sharing the solution? Exploring public acceptability of the sharing economy. Journal of cleaner production, 195(September), 939-948.
Chunchaemsai, K. (2021). Legal considerations and challenges involved in bringing the 2005 Hague Convention on Choice of Court Agreements into force within an internal legal system: a case study of Thailand. Journal of Private International Law, 17(1), 147-170.
Clayton, E. W., Evans, B. J., Hazel, J. W., & Rothstein, M. A. (2019). The law of genetic privacy: applications, implications, and limitations. Journal of Law and the Biosciences, 6(1), 1-36.
Costello, A. M. (2019). The value of collateral in trade finance. Journal of Financial Economics, 134(1), 70-90.
Duan, Y., Edwards, J. S., & Dwivedi, Y. K. (2019). Artificial intelligence for decision making in the era of Big Data– evolution, challenges and research agenda. International Journal of Information Management, 48(October), 63- 71.
Dunne, J. H., Harris, P., & Jalbert, T. (2021). Mitigating risk amidst catastrophic events: a focus on shareholder and operating agreements. Review of Business and Finance Studies, 12(1), 69-78.
Duggan, J., Sherman, U., Carbery, R., & McDonnell, A. (2020). Algorithmic management and app‐work in the gig economy: a research agenda for employment relations and HRM. Human Resource Management Journal, 30(1), 114-132.
Falato, A., & Liang, N. (2016). Do creditor rights increase employment risk? evidence from loan covenants. The Journal of Finance, 71(6), 2545-2590.
Garth, B. G. (2017). Notes on the future of the legal profession in the United States: the key roles of corporate law firms and urban law schools. Buffalo Law Review, 65(2), 287-328.
Gelan, A., Fastré, G., Verjans, M., Martin, N., Janssenswillen, G., Creemers, M., & Thomas, M. (2018). Affordances and limitations of learning analytics for computer-assisted language learning: a case study of the VITAL project. Computer Assisted Language Learning, 31(3), 294-319.
Jarvenpaa, S. L., & Ives, B. (1994). The global network organization of the future: information management opportunities and challenges. Journal of management information systems, 10(4), 25-57.
Jones, R. M. (2017). The irrational actor in the CEO suite: implications for corporate governance. Delaware Journal of Corporate Law, 41(3), 713-762.
Kang, E. (2020). The relationship between reinforcement of employee's customer-centric behavior and employee motivation factors. Advances in Social Sciences Research Journal, 7(7), 338-347.
Kang, E. (2021). Qualitative content approach: impact of organizational climate on employee capability. East Asian Journal of Business Economics, 9(4), 57-67.
Kraakman, R. H. (2017). The anatomy of corporate law: A comparative and functional approach. Oxford University Press.
Lee, J. H. (2021). Effect of sports psychology on enhancing consumer purchase intention for retailers of sports shops: Literature content analysis. Journal of Distribution Science, 19(4), 5-13.
Lee, S. H., Peng, M. W., & Barney, J. B. (2007). Bankruptcy law and entrepreneurship development: a real options perspective. Academy of Management Review, 32(1), 257-272.
Mann, W. (2018). Creditor rights and innovation: Evidence from patent collateral. Journal of Financial Economics, 130(1), 25-47.
Naciti, V. (2019). Corporate governance and board of directors: the effect of a board composition on firm sustainability performance. Journal of Cleaner Production, 237(November), 117727.
Palmer, X. L., Potter, L., & Karahan, S. (2020, March). On the emerging area of biocybersecurity and relevant considerations in future of information and communication conference. Springer, Cham.
Papakonstantinidis, L. A. (2019). Corporate social responsibility in bargaining solution by the “win-win-win papakonstantinidis model”, for customer, business and society (CBS)–research: environmental protection. International Journal of Innovation and Economic Development, 5(3), 31-57.
Pirson, M., & Turnbull, S. (2011). Corporate governance, risk management, and the financial crisis: an information processing view. Corporate Governance: An International Review, 19(5), 459-470.
Pröllochs, N., & Feuerriegel, S. (2020). Business analytics for strategic management: Identifying and assessing corporate challenges via topic modeling. Information & Management, 57(1), 103070.
Renz, S. M., Carrington, J. M., & Badger, T. A. (2018). Two strategies for qualitative content analysis: an intramethod approach to triangulation. Qualitative health research, 28(5), 824-831.
Schram, A., Friel, S., Anthony VanDuzer, J., Ruckert, A., & Labonté, R. (2018). The internalisation of international investment agreements in public policymaking: developing a conceptual framework of regulatory chill. Global Policy, 9(2), 193-202.
Seaman, J. (2021). Protective Security (PS) in terms of the Legal and Regulatory Considerations for the Digital Business. In Protective Security. Berkeley, CA: Apress.
Stoneburner, G., Goguen, A., & Feringa, A. (2002). Risk management guide for information technology systems. Nist Special Publication, 800(30), 800-830.
Voigt, S. (2016). Determinants of judicial efficiency: a survey. European Journal of Law and Economics, 42(2), 183- 208.
Wang, H. (2021). The belt and road initiative agreements: characteristics, rationale, and challenges. World Trade Review, 20(3), 282-305.
Wise, A. (2021). Corporate law and the business roundtable: adding to the debate on shareholder primacy vs. stakeholder theory. Capital University Law Review, 49(3), 499-526.
Woo, E. J., & Kang, E. (2020). Environmental issues as an indispensable aspect of sustainable leadership. Sustainability, 12(17), 7014.
- Downloaded
- Viewed
- 0KCI Citations
- 0WOS Citations
