Real Entity Theory Without Metaphysics: How Organizations Shape Corporate Law A Response to Stephen Bainbridge and Susan Watson
Working Paper Author/Authors
Key Finding
This paper defends real entity theory against critiques by Bainbridge and Watson
Abstract
This paper defends real entity theory against critiques by Bainbridge and Watson. Drawing on organizational behavior scholarship, it distinguishes organizations/firms as social entities with autonomous structures from corporations/companies as legal vehicles. The theory explains corporate law doctrine without metaphysical claims, acknowledging that corporations act through humans and require statutory incorporation.
© Eva Micheler, Jenkin Chim, 2025
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The views expressed are those of the author(s) and do not necessarily reflect those of ECGI or its members.
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