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Author Strauss, Michael J., author.

Title Hostile business and the sovereign state : privatized governance, state security and international law / Michael J. Strauss
Published London : Routledge, 2018
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Description 1 online resource
Contents Introduction -- Chapter 1. The Privatization of States -- Chapter 2. Extremes of Privatization -- Chapter 3. Companies for Privatized Activities -- Chapter 4. Control over Territory -- Chapter 5. Company Ownership and Control -- Chapter 6. Tracking Control and Influence over Companies -- Chapter 7. The State and Its Business Abroad -- Chapter 8. A Divergence of Interests -- Chapter 9. Opaque Company Behavior Toward States -- Chapter 10. Companies in Defiance of States -- Chapter 11. "Imperfect Privatizations" and Territorial Control -- Chapter 12. Defending Against Hostile Companies -- Chapter 13. Challenges to States Defensive Measures -- Chapter 14. Challenges for International Law
Summary This book describes and assesses an emerging threat to states' territorial control and sovereignty: the hostile control of companies that carry out privatized aspects of sovereign authority. The threat arises from the massive worldwide shift of state activities to the private sector since the late 1970s in conjunction with two other modern trends - the globalization of business and the liberalization of international capital flows. The work introduces three new concepts: firstly, the rise of companies that handle privatized activities, and the associated advent of "post-government companies" that make such activities their core business. Control of them may reside with individual investors, other companies or investment funds, or it may reside with other states through state-owned enterprises or sovereign wealth funds. Secondly, "imperfect privatizations:" when a state privatizes an activity to another state's public sector. The book identifies cases where this is happening. It also elaborates on how ownership and influence of companies that perform privatized functions may not be transparent, and can pass to inherently hostile actors, including criminal or terrorist organizations. Thirdly, "belligerent companies," whose conduct is hostile to those of states where they are active. The book concludes by assessing the adequacy of existing legal and regulatory regimes and how relevant norms may evolve
Subject Industrial policy.
International business enterprises -- Law and legislation.
Privatization -- Law and legislation.
BUSINESS & ECONOMICS / Commercial Policy.
BUSINESS & ECONOMICS / Corporate & Business History.
Industrial policy.
International business enterprises -- Law and legislation.
Privatization -- Law and legislation.
Form Electronic book
ISBN 1315100193