TY - BOOK AU - Micheler,Eva TI - Company law: a real entity theory T2 - Oxford scholarship online SN - 9780191890987 (ebook) : AV - K1315 U1 - 346.066 23 PY - 2021/// CY - Oxford PB - Oxford University Press KW - Corporation law KW - Organizational behavior KW - Corporations KW - Investor relations N1 - This edition also issued in print: 2021; Includes bibliographical references and index; Specialized N2 - This title advances a real entity theory of company law, in which the company is a legal entity which acts autonomously in law, and company law establishes procedures facilitating autonomous organisational decision-making. The theory builds on the insight that organisations or firms are a social phenomenon outside of the law and that these are autonomous actors in their own right. They are more than the sum of the contributions of their participants and they act independently of the views and interests of their participants. This occurs because human beings change their behaviour when they act as members of a group or an organisation; in a group we tend to develop and conform to a shared standard, and when we act in organisations habits, routines, processes, and procedures form and a culture emerges. These take on a life of their own affecting the behaviour of the participants UR - http://dx.doi.org/10.1093/oso/9780198858874.001.0001 ER -