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2022/2023  KAN-CPOLV1026U  Law and Global Business

English Title
Law and Global Business

Course information

Language English
Course ECTS 7.5 ECTS
Type Elective
Level Full Degree Master
Duration One Semester
Start time of the course Autumn
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for BSc/MSc i International Business and Politics, MSc
Course coordinator
  • Maj Grasten - Department of Business Humanities and Law
Main academic disciplines
  • Business Law
  • Globalisation and international business
  • International political economy
Teaching methods
  • Face-to-face teaching
Last updated on 11-02-2022

Relevant links

Learning objectives
On succesful completion of the course, students should be able to:
  • Identify, explain and critically assess the relationship between law, international business and the global economy
  • Identify, explain and critically assess a range of concepts and research methods used in the study of law and society
  • Link the concepts to the empirical material in a methodologically reflexive manner that demonstrates independent thinking
  • Be able to evidence a strong and comprehensive knowledge of the course curriculum in submissions
Law and Global Business:
Exam ECTS 7,5
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 10 pages
Assignment type Essay
Duration 2 weeks to prepare
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Winter
Make-up exam/re-exam
Same examination form as the ordinary exam
Same examination form as the ordinary exam. A new exam assignment must be answered. This applies to all students (failed, ill, or otherwise).
Description of the exam procedure

Home assignment – written product

Students are expected to develop a topic for their exam paper themselves, which involves an application of concepts and methods studied in the course to current problems at the intersection of law, international business and the global economy.

Course content, structure and pedagogical approach

This course concerns the international legal aspects of business and markets. International law and practices of legal professionals are crucial in conditioning and transforming the way in which business is organized across time and space. Tax, trade, inequality, climate crisis and the firm are legal issues. Law is ubiquitous in the global economy and determines dynamics and outcomes. This course addresses key legal regimes that condition international business and the global economy. It equips students in the analysis of core business related legal issues, the role of law in business interactions and management, and the legal basis of interactions between corporations and public institutions, such as governments, international organizations and legal bodies. In particular, it introduces students to topics, including law and corporate governance, law and supply chain management, law and international trade, international commercial arbitration, law and international finance, international investment law, and international taxation. The course is co-taught by lecturers trained in law as well as other non-law business related disciplines. It follows an interdisciplinary and law-in-context approach. It introduces students to main theories and concepts to identify and analyze the legal and regulatory regimes around international business and the global economy, including concepts and methods drawn from the intellectual fields of Law and Political Economy, Critical Legal Studies, and Socio-Legal Studies. It combines these theories and concepts with concrete legal cases and texts.

Description of the teaching methods
Lectures, group and class discussions, and guest lectures. The teaching is case-based and students will be introduced to and discuss case studies that combine law, international business and the global economy.
Feedback during the teaching period
The course is designed to enable continuous feedback. Students will be given in-class feedback through class discussions, peer-to-peer discussions, and case work, and collective feedback based on online feedback tools available via Canvas. The last lecture of the course is an exercise class in which students will be presented with questions and tasks that prepare for the final written exam. During this session the lecturer will be available to provide feedback. Students are strongly encouraged to make use of the office hours of the course coordinator and lecturers to gain further information about course themes.
Student workload
Preparation time (readings, group work etc.) 130 hours
Lectures 30 hours
Exam (incl. preparation for the exam and actual exam period) 48 hours
Expected literature

Textbook chapters, academic articles, and key legal cases. A comprehensive reading list can be found in the course plan that will be published on CBS Learn before classes begin. Readings include: 


  • Baars, Grietje et al. (2016). The Role of Law in Global Value Chains: A Research Manifesto. London Review of International Law 4 (1): 57-79.
  • Barkan, Joshua (2011). Law and the Geographic Analysis of Economic Globalization. Progress in Human Geography 35(5): 589-607.
  • Carruthers, B., & Halliday, T. C. (2007). The Recursivity of Law: Global Norm Making and National Lawmaking in the Globalization of Corporate Insolvency Regimes. American Journal of Sociology, 112(4): 1135-1202. 
  • Cutler, A Claire (2003). Private Power and Global Authority: Transnational Merchant Law in the Global Political Economy. Cambridge: Cambridge University Press. 
  • Cutler, A Claire & Lark, David (2020). The Hidden Costs of Law in the Governance of Global Supply Chains: The Turn to Arbitration. Review of International Political Economy. Published online: 16 Sep 2020.
  • Deakin, S., Gindis, D., Hodgson, G., M., Kainan, & Pistor, K. (2017). Legal Institutionalism: Capitalism and the Constitutive Role of Law. Journal of Comparative Economics, 45(1): 188-200. 
  • Robé, Jean-Philippe (2012). Being Done With Milton Friedman. Accounting, Economics, and Law 2(2): 1-31.
  • Seabrooke, Leonard & Wigan, Duncan (2017). The Governance of Global Wealth Chains. Review of International Political Economy, 24(1): 1-29. 
  • Wai, Robert S. (2002). Transnational Liftoff and Juridical Touchdown: The Regulatory Function of Private International Law in an Era of Globalization. Columbia Journal of Transnational Law 40 (2): 209-274.
Last updated on 11-02-2022