Celebrated for their conceptual clarity, titles in the Clarendon Law Series offer concise, accessible overviews of major fields of law and legal thought. Introduction to Company Law provides a conceptual introduction, providing a clear framework with which to navigate the intricacies of company law. The five core features of company law — separate legal personality, limited liability, centralized management, shareholder control, and transferability of shares — are clearly laid out and examined in this second edition. These features are used to provide an organisation structure for the conduct of business. The book also discusses legal strategies that can be used to deal with arising problems, the regulation of relationships between the parties, and the trade-offs that have been made in British company law to address some of the conflicting issues that have arisen. Revised to take into account the Companies Act 2006, and including a new chapter on international law which considers the role of European Community Law, this new edition is an introduction to company law.