The Political Economy of Corporate Raiding in Russia

Book excerpt: Corporate raiding – the shocking phenomenon whereby criminals, business rivals and even state bureaucrats visit business headquarters and force owners or staff to transfer business assets, land or property – is an increasing problem in Russia. This book, based on extensive original research, provides a comprehensive overview of this activity. It describes the nature of corporate raiding, provides numerous case studies and discusses the role of the state and government officials. Overall the book argues that the prevailing climate of business and government in Russia leads to a situation where control is closely linked to corruption and coercion.