Corporate law, also known as company or enterprise law, governs the rights, relations, and conduct of persons, companies, organizations, and businesses. It covers the legal practice and theory related to corporations, focusing on their life-cycle, including formation, funding, governance, and dissolution. Corporate law addresses the interactions between corporations and their stakeholders, including investors, shareholders, directors, employees, creditors, consumers, the community, and the environment. While sometimes used interchangeably with business law, corporate law specifically pertains to business corporations, whereas business law can encompass broader commercial activities, including corporate governance and financial law.