LEGAL STRATEGY: STATE AND COMPANIES' INTEREST Cover Image

PRAVNA STRATEGIJA: INTERES DRŽAVE I KOMPANIJA
LEGAL STRATEGY: STATE AND COMPANIES' INTEREST

Author(s): Vedad Silajdžić, Fatima Mahmutćahajić, Veljko Trivun
Subject(s): Business Economy / Management, Law on Economics
Published by: Ekonomski fakultet u Sarajevu
Keywords: legal strategy; corporate strategy; regulatory environment; competitive advantages;

Summary/Abstract: Foresee ability and sustainability are the fundamental requirements for a well functioning legal system: the kind of legal system and the environment where the interests of the individual and of business are at the fore. Interest-based groups need a reasonable level of legal certainty in order to be able to articulate their goals, implement their plans and achieve foreseeable results. Legislators – in the widest sense – should work on securing this kind of certainty, by establishing a stable legal framework. The starting supposition of this paper is that adoption of regulations is not an aim unto itself, starting with a draft and ending with its formal adoption. However, successful application of a piece of legislation is the aim. Although a legal strategy is more precise than a policy and more general than a plan, it nonetheless bears the features of both. The aim of this paper is to present the multiple effects of law and legal resources, and consequently the relevant legal strategies, may have in the creation of competitive advantages.

  • Issue Year: 2015
  • Issue No: 34
  • Page Range: 137-149
  • Page Count: 13
  • Language: Bosnian