Business Organizations: Practice, Theory and Emerging Challenges, 2nd Edition is more than just a comprehensive update to Business Organizations: Principles, Policies, and Practice. It provides a detailed discussion of the fundamentals that shape this area of law, and reviews important debates surrounding the nature of business organizations and the role they play in Canadian society. Through this approach, this casebook aims to enhance the reader’s understanding of business organizations, and the ways in which legal and policy decisions impact how they function.

In addition to substantial revisions and updates, this edition features entirely new material. Most notably, the text now includes chapters that engage emerging issues related to Indigenous peoples, which in part act as a response to the calls to action from the Final Report of the Truth and Reconciliation Commission of Canada. This edition also features a new chapter on social enterprises and the increased momentum of social entrepreneurship.

Drawing on the perspectives of leading Canadian business scholars and commentators, this text is designed to be an accessible classroom and research resource. It is a must-have addition to the faculty, firm, or private library of anyone interested in the various dimensions of the law of business organizations.

• New chapter on business law issues impacting Indigenous Peoples in Canada, authored by renowned First Nations lawyers Gary Campo and Bradley Bryan
• New chapter on social enterprises that explores how social entrepreneurship can serve as a powerful tool in confronting social and environmental challenges
• Reorganized structure with refreshed material that more accurately reflects significant legal developments over the last decade
• Diverse authorship offers perspectives and commentary from across Canada

Chapter 1: Introduction
Chapter 2: Partnerships
Chapter 3: The Corporate Form
Chapter 4: First Nations Business Organizations
Chapter 5: Corporate Contractual Liability
Chapter 6: Capitalization of the Corporation
Chapter 7: Distribution of Securities
Chapter 8: Social Enterprises
Chapter 9: Theories of the Firm
Chapter 10: Corporate Governance: The Stakeholder Debate
Chapter 11: Board Composition and the Role of Directors
Chapter 12: Shareholder Participation in Corporate Governance
Chapter 13: Fiduciary Duties in Corporate Governance
Chapter 14: Stakeholder Remedies
Chapter 15: Mergers and Acquisitions