ORGANIZATION OF PROTECTION AGAINST ACQUISITIONS AS FORMS OF CORPORATE CONFLICT IN FOREIGN AND RUSSIAN PRACTICE
The article discusses the features of the organization of protection against acquisitions in foreign and Russian practice. The specifics of the manifestation of corporate conflicts, methods of acquisitions are analyzed, conclusions are formulated about the effect of the use of protective mechanisms and the peculiarities of the perception of these processes in Russia and abroad. Different companies apply different degrees of protection, and the question of why this happens remains open. No standard theoretical model has yet determined what explains the observed differences in the degree of protection of companies from acquisitions and how companies choose the degree of protection necessary for them.
Keywords: joint-stock property, corporation, corporate relations, corporate conflicts, corporate control, corporate governance, acquisition, protection from acquisition.
Highlights:
♦ a comparative analysis of foreign and Russian experience in organizing protection against unfriendly acquisitions is carried out;
♦ the effect of the use of protective mechanisms in foreign and Russian practice is evaluated.
Irina Yu. Belyaeva, Doctor of Economics, Professor.; Olga V. Danilova, Doctor of Economics, Professor.; Kirill V. Uskov, Candidate of Economics, Associate Professor. - Financial University under the Government of the Russian Federation, Moscow.