Corporate Law and Economics


The Minor focuses on companies from a legal and economic viewpoint.
The aim is to train students in understanding how a company works and how it is influenced by legal regulations and public policies. Law and economic analysis are brought into play to achieve this aim.
In this Minor, law is seen as an instrument in a company’s strategy which contributes to its success (or failure) in various fields, whether financial (mergers and takeovers, corporate governance), industrial (protection of manufacturing techniques, access to essential resources) or commercial (guaranteeing product quality, supply contracts). The legal component of the course focuses solely on case studies presented by practitioners or explored by the students themselves.
Economic analysis is developed in the Minor in order to understand the basis for legal regulations (e.g. why does antitrust legislation exist?) and to predict their effect on company performance (e.g. what are the consequences of the updating of corporate law for companies quoted on the stock exchange?). Acquiring a grasp of economics is conducted through reading articles and academic publications.


The specific training activities for the Minor include:
- a comparative analysis of a case of corporate law
- a classroom game as an initiation in negotiation procedures
- a series of corporate investigations
- training in legislation on information technology
- the study of a commercial law ruling.
- a comparative analysis of a case of corporate law
Many of the legal problems that companies have to contend with are related to their international activities. This explains why teaching in this option does not focus on French law but on European and American legal systems. This choice makes it possible to combine:
- legal diversity, that of rules and institutions of various States (English law is not the same as German law; law in Delaware is not the same as that in California),
- and legal unity, that of community law and of American federal law.
Students are required, at the beginning of their Minor year, to choose a problem of corporate law. Each student is required to understand and provide a synopsis of the laws and articles concerning this problem for a given country. Collectively, a comparison is then made of the origin of those differences and their economic consequences for the company concerned.
Last year, this activity focused on corporate governance (i.e. the rules which govern relations between corporate managers and shareholders) in France, the United States and the United Kingdom. This involved studying the codes of ethics adopted in each of these legal systems, as well as the related corporate law regulations; subsequently, a reading framework had to be devised whereby an adequate comparison could be made. On the basis of that comparison, attention then focused on the part played by auditing committees and the protection of shareholders.

Program Language Duration Supervisors
French 266 Hours Matthieu Glachant
Franois Leveque
Yann Meniere
ECTS Credits : 42

Last modification :Friday May 11 2012