International Corporation Law

(a) The power to run private limited liability companies is often said to be “in the hands of the
directors”. Critically analyse how this affects minority shareholders‘ legal rights. Consider recent
case law in your answer.

(b) Critically discuss the tension between the principle of limited liability with its veil of
incorporation and the concept of corporate responsibility in the context of multinational
corporations.

(c) To what extent does good corporate governance matter? illustrate your answer by reference to
recent developments in the UK and one jurisdiction of your choice.