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September 2015 (published: 14.09.2015)
Home > Issue > The Essence and Forms of Hostile Takeovers
The Essence and Forms of Hostile Takeovers
Proskura M.V., Yakovleva A.V.
The development ofmarket relations in Russia followed by the emergence of a large number of organizations with various legal forms has introduced the concept of a "hostile takeover" of companies in all of its aspects. A hostiletakeoverisbyfartheobjectiverealityofentrepreneurship. Havingrecently become widely spread in almost all of its fields, it causes damage to legal entities, the state and society as a whole, by threatening the economic security of Russia. It should be noted, however, that no concept of a hostile takeover of companies is provided for in the current Criminal Code of Russia, which has resulted in a contradictory situation: the term does not exist, while in real life corporate blackmail and takeovers are becoming of increasing importance.
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Keywords: hostile takeover, takeover, corporate takeover, raiding, forms of a hostile takeover.
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