Takeover as a Form of Corporate Conflict and the Process of Transfer of Stock Ownership’s Rights

Financial University under the Government of the Russian Federation, Moscow, Russia

^* Corresponding author: KVUskov@fa.ru

Abstract

The article considers the problem of corporate conflicts in the Russian practice of corporate relations in the joint-stock companies. Today, corporate relations are changing, the role of intangible resources is growing, and a 100% share in the company capital does not always guarantee control over the company. In this regard, the range of ways to acquire corporate control is expanding. The purpose of the article is to develop a classification of the methods of joint stock companies takeovers. The proposed classification differs from existing classifications by differentiating takeover methods according to the criterion “takeover tool used by the takeover initiator”. The use of this classification by companies in the development of protective mechanisms against takeovers will make it possible to choose the most appropriate and effective protective measures in a particular situation and thereby avoid some corporate conflicts.