A corporate law (also known as business law, enterprise law, or occasionally company law) is a legal theory or set of rules that governs the rights, relationships, and behaviour of individuals, corporations, organisations, and enterprises. The word relates to the legal practise of law related to companies, as well as the theoretical underpinnings of corporate law. Often referred to as "corporate law," this term refers to the law that governs issues that arise directly from the life cycle of a company. As a result, it includes the processes of incorporation, financing, governance, and dissolution of a company.
While the minute nature of corporate governance, as represented by share ownership, capital market, and company culture regulations, varies from one country to the next, comparable legal features - and legal issues - exist in numerous countries worldwide. Corporate law governs how corporations, investors, shareholders, directors, labor, creditors, and other stakeholders such as customers, the community, and the environment interact with one another and with one another's interests in common. Corporate law is often referred to as company or business law, which is a word that is used interchangeably with it. When it comes to business law, the term is usually used to refer to more general notions of commercial law, which is the law that applies to commercial and business-related purposes and activities. Certain issues such as corporate governance and finance law may fall under this category in certain instances. Whenever business law is used as a replacement for corporate law, it refers to the legislation governing the operation of a business corporation (or business enterprises), including such activities as fundraising, company creation, and registration with the appropriate government agency or body.