International Business Law

International business law

Multinational: have headquarter in other country and branches

International: business involved in its own country with

Joint venture: two companies create another one. Sometimes you don’t have the choice to enter the country.  (china, India…) AIR-KLM is a joint venture

Strategic alliance: no new company from the partnership. The two companies have specific quality and they decide to make a strat alliance. European airbus alliance (government alliance between France, Germany, Spanish and Uk) every government brought money and clients on the table.

Introduction of International Business Law

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International company: settle in a country but interact with others countries, most of time headquarter will stay in mother country.

Multinational company: on contrary to international, a headquarter in a country but subsidiaries (branches) in other countries (more taxes but more clients too in hiring employees from this one country).

Joint Venture: 2 companies that create a new one: one for mother country the other in the new country, permits to enter in a new country because in some, no foreign company can open in a country (ie: Indian market if you want to open a phone mobile company, you need to open a new one). Company A which absorbs company B or create a company C. You have to submit all below the law country and the government local. Ie: Disneyland California and Shangai Shendi Group which create Disneyland Shangai.

http://hkcorporate.hongkongdisneyland.com/hkdlcorp/en_US/aboutOurCompany/overview?name=CorporateInformationPage

The Strategic Alliance: Starbucks and Barnes and Nobbles or Pepsico, France and UK for railways.

http://smallbusiness.chron.com/examples-successful-strategic-alliances-13859.html

European Airbus Strategic Alliance => to make it easier, to bring money for government but also clients from every country.

Big three laws that rule the world:

• Romano-Germanic Civil Law System

Napoleon tried to make easier and accessible law to various people, and to codify the single code, commercial code, penal code, civil code  … The types of thing you can do, you can’t do and the punishment of others.

• Anglo-American Common Law System

It s not codify this one, you decide, and you codify, the judge check before what happens in precedent similar case to be as much fair as possible. Judge has more flexibility, because this is not codifying, it is simple to get new laws and new decisions. Problem is you might not know every applicable law and so on.

• Islamic Law System

Based on religion that you have to follow in your whole behaviour => Shari ‘a.  

Romano-Germanic civil law system

Detailed codes that establish both basic principles and detailed rules for regulating the conduct

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