Research on the legal environment of business vs. research on regulatory governance
Goals
Explain the work, and how it fits to what discipline and what it contributes to the field and what else should be done?
Poor contract drafting and litigation over contracts are reported to be the highest costing contingencies for business, globally.
What is wrong with the legal competences of organizations?
Vision
Strategic management
Operations
Regulatory competences (governance), add to the competitiveness and sustainability of organizations (better businesses use better contracts. Stategic contracting is a managerial concern)