The new edition of this popular textbook offers an in-depth analysis of the legal framework in which companies operate. Updated with the latest developments in law and case-law, it goes beyond black letter analysis to explain important concepts such as corporate governance and multinational corporations in an international context. Logically structured, the writers' clear writing style help students understand this complex area of the law. Ideal for students taking a module in company law, the book includes learning resources throughout such as key terms and concepts, helpful summaries for each chapter, case notes and suggestions for further reading. Informative end-of-chapter summaries and exercises act as a useful refresher. New to this Edition: - Includes latest case law - Up-to-date material on directors'/ duties and derivative claims - More material on corporate governance issues