The Role of the Institute of Contractual Regulation in the Formation of Sustainable Business Cooperation (on the Example of the New Hanseatic League)

DOI

10.2991/ispcbc-19.2019.95How to use a DOI?

Keywords

the Hanseatic League; sustainable business cooperation; the institution of contractual regulation; legal means of ensuring sustainable business relations of the New Hanseatic League

Abstract

The authors propose a scientific definition of the concept of “sustainable business cooperation between entrepreneurs of the New Hanseatic League”. The authors conclude that the institution of contractual regulation of foreign economic relations includes not only formal norms but also norms of other levels of regulation. One of these levels is the level of entrepreneurs themselves. The authors recommend the New Hanseatic League to form new standards of contractual practice, using the experience of researchers and practitioners of international private law, lex mercatoria law and comparative law. These recommendations include the use of new technologies in the standards of business practice of concluding and executing contracts, such as distributed registry technologies, electronic documents and other data.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Elena Shablova
AU  - Oxana Zhevnyak
PY  - 2019/08
DA  - 2019/08
TI  - The Role of the Institute of Contractual Regulation in the Formation of Sustainable Business Cooperation (on the Example of the New Hanseatic League)
BT  - Proceedings of the International Scientific-Practical Conference “Business Cooperation as a Resource of Sustainable Economic Development and Investment Attraction” (ISPCBC 2019)
PB  - Atlantis Press
SP  - 246
EP  - 250
SN  - 2352-5428
UR  - https://doi.org/10.2991/ispcbc-19.2019.95
DO  - 10.2991/ispcbc-19.2019.95
ID  - Shablova2019/08
ER  -