"The world" during the high days of the VOC was only 8% of the population today so it's kind of difficult to honestly compare, IMHO.
But more importantly, the VOC "perished under corruption" not because it was dragged to court :) It's not really fair to say that "the system" dealt with it when it obviously just succumbed over time under the inevitability of impermanence.
The Dutch east India company had standing armies and war ships. To say that modern companies are more powerfully merely because of population growth is a bit of a stretch.
How they came to an end is irrelevant to whether courts are effective referees unless you believe the only fair thing is to destroy large companies.
Your quote says laws should evolve with the people which lends to neither of our arguments as we're discussing how it should evolve not "if".