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Illegal Corporate Raidering

The aim of the Working Group is to develop propositions for protection of property rights, including the prevention of illegal corporate raider attacks, and the regulation of corporate conflicts.

Corporate legislation in Ukraine was developed without a unified strategic approach. As a result, it tends to be fragmented and is incomplete and, in some cases, contradictory in nature. Moreover, such corporate legislation creates obstacles for effective business activity and for the attraction of needed investments; it also causes high transaction expenses for business operations

Currently many countries are responding to continuous international competition and a growing number of mergers and acquisitions by actively improving their systems of corporate legislation and regulation, thereby gaining a competitive advantage over other nations in attracting and maintaining investment. Ukrainian corporate legislation must comply with international standards and should also ensure competitive rules and regulations for companies, including mechanisms for the protection of property rights and for the incurring of acceptable expenses to implement them. Therefore, the ultimate goal of increasing the competitiveness of the Ukrainian economy within the context of the larger global marketplace requires integrated and combined reforms of Ukraine’s corporate legislation.

If you and your colleagues are interested in Working Groups, being included into special mail lists for breaking news; participating in meetings; and preparation of documents, please indicate your interest by sending an e-mail to Ilona Zadvorna Senior Policy Officer who will keep in touch with you on a regular basis.