Concept information
Preferred term
legal environments
Definition
- Firms, as societal entities, operate in particular economic, political, and legal environments. The legal environment is a result of legislative intervention by the government (state) and the positive practices that are recognized and sanctioned by the positive law. [Source: Encyclopedia of Business in Today's World; Legal Environments]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/legal_environments
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