Law and International Strategic Management. Managing the Complexity of Multilevel Regulation

The book combines the issues of management and law, as well as – to a lesser extent – economics and finance. The authors showed those elements of business management in which practical legal knowledge supports making strategic decisions, contributing to the reduction of the risk of operation in the contemporary, turbulent market environment. The shape of the book was also determined by the experience of the authors – undisputed specialists in the abovementioned disciplines – whose extensive practical and academic experience predisposed them to prepare this interdisciplinary compendium of knowledge. The book should be especially appreciated by readers interested in functioning in the international economic and legal environment.

from a review by Anna Maria Nikodemska-Wołowik, University of Gdańsk

The monograph is an original and important study – both theoretically and practically. The authors use an interdisciplinary approach, combining the issues of management science and law. The book addresses the perspective of three different legal systems, i.e. continental law, common law, and Islamic law. The analysis of specific legal institutions is carried out on the level of national (Polish), international, and European Union law. The authors manage to efficiently deal with this multidimensionality of the work. Thanks to the publication in English, the monograph can be a source of knowledge about Polish economic regulations also for students, academics, and managers from other countries. This makes the book unique among other items on the publishing market.

from a review by Tomasz Siemiątkowski, Warsaw School of Economics

Preface  
Introduction  

Section 1
Regulatory environment

Chapter 1. The regulatory environment  
1.1. Law and business  
1.1.1. Challenges  
1.1.2. Regulation  
1.1.3. Law  
1.1.4. Managers and law  
1.1.5. Lawyers and managers  
1.1.6. Legal system  
1.1.7. Business system  
1.2. External environment  
1.2.1. Strategic input  
1.2.2. Specific  
1.2.3. Soft law  
1.2.4. Self-regulation  
1.2.5. Societal expectations  
1.2.6. Supervision  
1.2.7. Solutions  
1.2.8. Services  
1.3. Internal environment  
1.3.1. Strategic input  
1.3.2. Contribution  
1.3.3. Value creation and protection  
1.3.4. Risk management  
1.3.5. Reputation management  
1.4. Regulatory SWOT  
1.4.1. Strategic fit  
1.4.2. Conceptual framework  
1.4.3. Strategic decisions  
1.5. Legal traditions  
1.5.1. Introduction  
1.5.2. Civil law  
1.5.3. Common law  
1.5.4. Religious law  
1.6. Multilevel management  

Chapter 2. Poland  
2.1. Regulatory environment  
2.2. Legislation  
2.2.1. Sources and levels of law  
2.2.2. Legislature and process  
2.2.2.1. Legal acts  
2.2.2.2. Legislative process  
2.2.2.3. Lobbying in Poland  
2.2.3. Quality  
2.3. Company specifics  
2.3.1. Employment  
2.3.1.1. Employment contracts  
2.3.1.2. Termination  
2.3.2. Taxation  
2.3.3. Imports  
2.4. Enforcement and supervision  
2.4.1. Judiciary  
2.4.2. Alternative dispute resolution  

Chapter 3. The European Union  
3.1. Genesis of the European Union  
3.1.1. Supranational environment  
3.1.2. Historical background  
3.1.3. Levels of integration  
3.1.4. Integration in the EU  
3.1.5. Competences  
3.1.6. Business dimensions  
3.2. Institutions  
3.2.1. Introduction  
3.2.2. European Council  
3.2.3. European Commission  
3.2.4. Council of the EU  
3.2.5. European Parliament  
3.2.6. Court of Justice of the EU  
3.3. Regulatory Environment  
3.3.1. Community Acquis  
3.3.2. Regulatory Environment  
3.3.3 The Brussels Effect  
3.4. Lobbying  
3.4.1. Interest Representation  
3.4.2. Lobby Industry and Market  
3.4.3. Lobby Management  
3.5. Legislative Process  
3.5.1. Ordinary Procedure  
3.5.2. European Commission  
3.5.3. Council and Parliament  
3.5.4. Conciliation and Trilogue  
3.5.5. Official Journal  
3.5.6. Details  
3.5.7. Enforcement  
3.6. Strategic Input  

Section 2
Property, contracts, companies, and marketing

Chapter 4. Property law  
4.1. Property law  
4.1.1. Legal and business perspectives on property rights  
4.1.2. Principles  
4.2. Business functions  
4.2.1 Strategic input  
4.2.2. Create value  
4.2.3. Protect value  
4.2.4. Risk management  
4.2.5. Reputation management  
4.3. Bankruptcy law  
4.3.1. Legal consequences of insolvency  
4.3.2. Polish bankruptcy and restructuring law  
4.4. Mergers and acquisitions  
4.4.1. Methods  
4.4.2. Controlled auction  
4.4.3. MBO – MBI  
4.4.4. Divestments  
4.5. Polish property law  
4.5.1. The types of property rights in Poland  
4.5.2. Ownership  
4.5.3. Components  
4.5.4. Movable or immovable  
4.5.5. Registered property  
4.5.6. Dismembered rights  
4.5.7. Transfer  
4.5.8. Financing  
4.6. International dimensions  
4.6.1. Common law  
4.6.1.1. Property  
4.6.1.2. Financing  
4.6.1.3. Insolvency  
4.6.2. Islamic law  
4.6.2.1. Property  
4.6.2.2. Financing  
4.6.2.3. Bankruptcy  

Chapter 5. Intellectual property  
5.1. Intellectual property rights  
5.1.1. Products of the mind  
5.1.2. Create value  
5.1.3. Protect value  
5.1.4. Strategic input  
5.1.5. Risk management  
5.1.6. Reputation management  
5.2. Inventions – patents  
5.2.1. Inventions  
5.2.2. Multilevel regulation  
5.2.3. National level. Poland  
5.2.4. Management  
5.3. Branding – trademarks  
5.3.1. Signs  
5.3.2. Multilevel regulation  
5.3.3. National level. Poland  
5.3.4. Trademarks’ management  
5.4. Creativity – copyrights  
5.4.1. Principles  
5.4.2. Multilevel regulation  
5.4.3. National level. Poland  
5.4.4. Copyrights’ management  
5.5. Exterior – design rights  
5.5.1. Principles  
5.5.2. Multilevel regulation  
5.5.3. National level. Poland  
5.5.3.1. Industrial design  
5.5.3.2. Utility model  
5.5.4. Management  
5.6. Other IP and related rights  
5.6.1. Database right  
5.6.2. Geographical indication  
5.6.3. Trade name right  
5.6.4. Chips right  
5.6.5. Plant Breeders’ Right  
5.6.6. Trade secret  
5.6.7. Domain name  
5.6.8. Portrait rights  
5.6.9. Moral rights  
5.7. Strategic management  

Chapter 6. Contracts  
6.1. Contract regulation and management  
6.1.1. Principles  
6.1.2. Contractual pluralism  
6.1.3. Business contracts  
6.1.4. Smart Contracts  
6.1.5. Contract structure  
6.1.6. Contracting process  
6.1.7. Lawyers and managers  
6.1.8. Contract cycle  
6.1.9. Contract management  
6.2. Polish contract law  
6.2.1. The law of obligations  
6.2.2. The conclusion of contract  
6.2.3. Negotiation and pre-contractual risks  
6.2.4. Formation risks  
6.2.5. Offer risks  
6.2.6. Contents’ risks  
6.2.7. Standard conditions’ risks  
6.2.8. Performance risks  
6.2.9. Dispute resolution risks  
6.3. Common law  
6.3.1. Rules of contracts  
6.3.2. Pre-contractual  
6.3.3. Formation  
6.3.4. Non-performance  
6.3.5. Interpretation  
6.3.6. General terms  
6.3.7. Dispute resolution  
6.4. Islamic law  
6.4.1. Negotiations  
6.4.2. Formation  
6.4.3. Non-performance  
6.4.4. General terms  
6.4.5. Interpretation  
6.4.6. Dispute resolution  
6.5. Enforcement analysis  
6.6. Management and contracts  

Chapter 7. Corporate law  
7.1. Multilevel perspectives  
7.1.1. Legal forms  
7.1.2. Legal personality  
7.1.3. Boards  
7.1.4. Corporate governance  
7.1.5. Holding organisation  
7.1.6. Initial public offering  
7.2. Polish corporate law  
7.2.1. Sole ownership  
7.2.2. Partnerships  
7.2.2.1 Civil law partnership  
7.2.2.2. Commercial partnerships  
7.2.3. Legal persons  
7.2.4. Capital companies  
7.2.4.1. Limited liability company  
7.2.4.2. Joint-stock company  
7.2.4.3. Simple joint-stock company  
7.2.5. Corporate Governance Code of Polish listed companies  
7.2.6. Executive liability  
7.2.6.1. Internal liability  
7.2.6.2. External liability  
7.2.6.3. Criminal liability  
7.2.7. Works council  
7.3. Common law  
7.3.1. Legal forms  
7.3.2. Corporate governance  
7.3.3. Directors’ liability  
7.4. Islamic law  
7.4.1. Legal forms  
7.4.2. Corporate governance  
7.4.3. Director’s liability  
7.5. Managerial frameworks  

Chapter 8. International commercial contracts  
8.1. International contracts and risks  
8.2. Applicable law  
8.2.1. Principle 
8.2.2. CISG  
8.2.3. Rome I  
8.2.4. Islamic systems  
8.2.5. Customary law  
8.2.6. Arbitration  
8.3. Competent court  
8.3.1. Choice of Forum  
8.3.2. Brussels I (recast)  
8.3.3. Arbitration and Mediation  
8.3.4. Islamic Systems  
8.4. Carriage contracts  
8.4.1. Regulation  
8.4.2. CMR  
8.5. Risk transfer  
8.5.1. Incoterms  
8.5.2. Any mode  
8.5.3. Waterway  
8.6. Credit risk  
8.7. The rules of international contracting  
8.7.1. Structure  
8.7.2. Clauses  
8.8. Enforcement  
8.8.1. Principle  
8.8.2. Brussels I (recast)  
8.8.3. New York 1958  
8.8.4. Singapore Convention 2019  
8.8.5. Islamic systems  
8.8.6. Developments  
8.9. Polish contract law  
8.9.1. Types of contracts  
8.9.2. Pre-contractual information  
8.9.3. Obligations  
8.9.4. Passing of risk  
8.9.5. Consumer protection  
8.9.6. Private law risks  
8.9.7. Public law risks  
8.10. Management and international contracts  

Chapter 9. Marketing  
9.1. Functions and regulation of marketing  
9.1.1. Marketing strategy  
9.1.2. Marketing mix  
9.1.3. Regulation  
9.1.4. Marketing regulation in Poland  
9.1.5. Contributions  
9.2. Non-contractual liability  
9.2.1. Types of legal liability  
9.2.2. Non-contractual liability in Polish law  
9.2.3. Common law  
9.2.4. Islamic law  
9.3. Marketing communications  
9.3.1. The regulation and risks of marketing communication  
9.3.2. Advertising  
9.3.3. Direct marketing  
9.3.4. Social media  
9.3.5. Unfair trade practices  
9.3.6. Data protection  
9.3.7. Personal selling  
9.3.8. Websites  
9.4. Product  
9.4.1. Perspectives  
9.4.2. Digital services  
9.4.3. Packaging  
9.4.4. Product liability  
9.4.5. Product recall  
9.5. Place  
9.5.1. Distribution  
9.5.2. Selective distribution  
9.5.3. Information obligations  
9.5.4. Platforms  
9.5.5. Carriage contracts  
9.6. Pricing  
9.6.1. EU pricing regulation  
9.6.2. Polish pricing regulation  
9.6.3. Value added tax  
9.6.4. Transfer pricing  
9.7. Entry strategies  
9.7.1. Agents and distributors  
9.7.2. Franchising  
9.7.3. Wholly-owned subsidiary  
9.8. Competition law  
9.8.1. Cartels  
9.8.2. Abuse of a dominant position  
9.8.3. Mergers  
9.8.4. State aid  
9.8.5. Enforcement and compensation in competition law  
9.9. Conceptual frameworks  

Section 3
Regulatory services and providers

Chapter 10. Regulatory services  
10.1. Legal function  
10.1.1. Introduction  
10.1.2. Lawyers  
10.1.3. Legal department  
10.1.4. Compliance  
10.1.5. Legal management  
10.1.6. Organisation  
10.2. Legal services  
10.2.1. Make or buy?  
10.2.2. Legal professions
10.2.3. Interest representation  
10.2.4. Procurement  
10.3. Contribution  
10.3.1. Managing value  
10.3.2. Value opportunities  
10.3.3. Costs management  
10.3.4. Risk management  
10.3.4.1. Introduction  
10.3.4.2. Legal risks  
10.3.4.3. Compliance risks  
10.3.5. Reputation management  
10.3.5.1. Reputation risk  
10.3.5.2. Reputation management  
10.4. Managing Legal  
10.4.1. Influences  
10.4.2. Objectives framework  
10.4.3. Changing Legal  
10.4.4. General counsel  
10.5. Managing compliance  
10.6. Integration framework  
10.6.1. Introduction  
10.6.2. Management framework  
10.7. It takes two to value  

References  
About the authors  
Index