Scientific journal NRU ITMO
Series "Economics and Environmental Management"
Registration certificate ЭЛ № ФС 77 – 55411 от 17.09.2013
registered by the Federal Inspectorate Service for Communication, Information Technologies and Communication Media

September 2015 (published: 14.09.2015)

Number 3(22)

Home > Issue > The Essence and Forms of Hostile Takeovers

UDC 334.7

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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