ABSTRACT
This book presents theoretical and empirical investigation of the politico-economic nature of corporate, property, and land raiding; its link to corruption; and its impact on the process of creation of new economic structures in Russia. Corporate raiding is not just a new type of crime, but an entirely new phenomenon that has spilled over from Moscow to other regions in Russia and other former Soviet republics, estimated at an astronomical 70,000 hostile takeovers per year. Raiding in Russia differs significantly from what is perceived to be raiding in the Western world, primarily by its generous use of corruption and violence. This research defines raiding as well as its place and role in the process of transition from plan-directive to market economy. It also addresses major foundations and main forms of raiding. Classifications and major characteristics of raiding lead to interpretation frames, divided on those associated with political economy, institutionalism and law, and those associated with business. A substantial part of the book is devoted to theoretical aspects of raiding illustrated by case studies, including that of Yukos. The structure of this book, outlined in the Introduction, reflects the logic of inquiry into the matter of corporate raiding.
