1.История государства и права.

 

THE CIVIL LAW CLASSIFICATION OF THE CORPORATE CONFLICTS

Omar B.M

Lecturer, Master of Law

International Kazakh-Turkish University H.A.Yasawi

 

Kazakhstan

 

The polarity of the interests of participants of corporate conflicts, the difference in the persecuted them to, a variety of methods for resolving them lead to the fact that they may be very diverse in nature. It is the diversity of corporate conflicts and the need to identify the optimal method to respond in a particular conflict situation necessitated the classification of corporate conflicts [1, 91].

Classification is the scientific method, which consists in the separation of the entire set of objects under study and their subsequent merger into groups on the basis of any characteristic. The specified attribute is called a base classification [2, 24].

According to AJ Antsupov and SV Baklanovsky main task of classification is to identify system features that already exist throughout the objective set conflicts [3].

Currently, in theory and practice is not a single criteria would allow the classification of corporate conflicts. In the scientific literature and other publications by different authors offer diverse base classification of corporate conflicts. Domestic corporate conflicts conflictologists classified as follows:

1. By way of resolution: antagonistskie and compromise;

2. Depending on the nature of occurrence: social, organizational,

emotional and personal;

3. Taking into account the impact of orientation: vertical and horizontal;

4. severity: overt and covert;

5. Depending on the number of participants involved: intrapersonal,

intergroup and interpersonal [4, 331].

Practitioners offer other classification criteria. Director of the Vladivostok branch "Far registry" JSC Kazakhstan "Center-Invest" Miroshnichenko believes that the purposes for all corporate conflicts with a sufficient degree can be divided into three groups:

1. Conflicts aimed at establishing control over the company by one

or a group of participants;

2. "Tactical" conflicts associated with the resolution of the current conflict between

members of the corporation in solving specific problems of company management;

3. Corporate blackmail.

O. Osipenko, in turn, by the example of joint-stock companies classifies corporate conflicts in two ways:

1. The goals pursued by the conflicting parties;

2. The subjects of the conflict.

The first group of corporate conflicts, classified by purpose, the author considers

corporate conflicts in which one party attempts to acquire a controlling interest

shares to:

1. The formation of a horizontal and (or) a vertically integrated holding company;

2. speculative purposes;

3. control over financial flows trademarks or organization -

Object corporate conflict;

4. The tool of competition aimed at temporary or less

to eliminate a competitor;

5. The enforcement of obligations to the lender the lender.

The second group of corporate conflicts, classified by purpose, the author include cases of conflict significant acquisition "before-and-control" stake in the company for the following purposes:

1. Direct corporate blackmail ("greenmail");

2. Inclusion of a representative to the board of directors of the company;

3. Counterattack owner of the company under attack corporate

blackmailer.

The third group is represented by corporate conflicts legal and illegal corporate actions focused on the suppression of acts or compulsion to perform certain actions by management of the corporation. The fourth and final group of conflicts of this classification, are widely spread in recent years, so-called "corporate war", whose ultimate goal is "capture business" or eliminating a competitor organization. On subject criterion of the most common, according to O. Osipenko are corporate conflicts between significant minority shareholder (s) and the majority shareholder. The second group of the classification of conflicts author refers conflicts, involving shareholders and management. The third group conflicts author calls "all against all." We are talking about situations where the minority shareholders are in conflict with each other. The fourth group of corporate disputes the author defines as opposing the administration and labor collective, when the latter is collectively holds a significant stake and uses the rights of a shareholder to address social and labor issues. Separation of corporate conflicts, depending on the purpose pursued by the parties to the conflict, is the principle which formed the basis of the classification proposed AD Osinovskaya. The author divides corporate conflicts in the two groups and indicates that the first group are conflicts caused by the desire to third parties, with substantial financial and administrative capacity, to gain control of the company and its assets. The second group consists conflicts generated not financial expansion of the initiator of the conflict, and the other, often personal reasons [5, 43].

The authors of the book "Corporate conflicts. Their causes and methods overcome "edited by AS Semenov and YS Sizov, analyzing the nature, content and hidden objectives of corporate conflicts in recent years, offering them classified into the following types:

1. Violation of the legislation. Conflicts related to unintentional violation of the norms and procedures of corporate law, corporate parties perceived as an attack on their interests.

2. Acquisitions. Conflicts that arise in the process of trying to group participants corporation (the foreign investor) to establish control over the enterprise.

3. Conflicts over dividends. Conflicts between large and small corporations participants about the use of business profits, arising

the specifics of Russian reality, when a large party corporation receives income from the enterprise than through dividends and through participation in the financial flows.

4. Conflicts with managers. Conflicts between participants corporations and corporate managers about the effectiveness of the company's management and integrity management actions.

5. Competition. Conflict aimed at undermining the financial health and competitiveness of corporations, most often expressed in an attempt to absorb or corporation filed against her bankruptcy proceedings.

6. Corporate blackmail. Conflicts involving minority participants corporation aimed at encouraging large corporation or its members to buy out minority shareholders of their shares (shares) at a price above their market value, or to pay a compensation for the termination of the conflict [6, 11].

As previously stated, the above classification of corporate conflicts, proposed by different authors show the diversity of approaches to this issue and the lack of uniform criteria for the classification of corporate conflicts. Also it should be noted that a number of proposed classifications It is based on a more economic categories and criteria, rather than legal. Author partly shares offered above classification of corporate conflicts. In particular, we should agree with the proposed separate classification criteria, for example, on the objectives pursued parties to the conflict. At the same time, according to the author suggested above classification does not reflect contemporary realities prevailing in the field of legal relations. Analysis of judicial and administrative practices for this category of disputes suggests that the criteria for the classification of corporate conflicts can be identified on several grounds. The author proposes to include the main criteria for classification

corporate conflicts are as follows:

a) the composition of participants in the conflict (the corporate conflict);

b) the objectives pursued parties to the conflict;

c) on the methods used in conflicts, in order to achieve

goals;

g) on ​​the way to drop the corporate conflict;

d) on the consequences of the conflict for its members and corporations.

The first criterion for classification, according to the author, is a list of participants corporate conflict (subjective criterion). Parties to the corporate conflict in most cases by participants of the corporation. The most common are the conflicts that arise between significant minority participants and the majority party of the corporation. In this case, the motive of the conflict by a desire to acquire absolute control over the corporation. The second group of the classification of conflicts author refers conflicts are parties Corporation on the one hand, and its members or participants on the other hand. This group of interconnected conflicts with the group conflicts entities that are parties to corporate and executive bodies (management) as a corporation in such conflicts as one of the parties to the conflict, represented by its authorities, and in particular managers. As practice shows, such conflicts are typical for companies with a strong diffusion of the capital - the lack of a majority party, and sometimes lack of significant minority of participants. Just subjects corporate conflict can act Corporation, through its agencies on the one hand and the other persons on the other. Or the parties to the conflict are the participants of the corporation or other entity. Under other persons in this case refers to foreign investors, the registrar, the depositary and others. Examples of such conflicts may be cases of establishing corporate control by the foreign investor; disputes relating to the existence of parallel existing register of shareholders in corporations established in the form of joint stock companies; the creation of parallel government corporation; disputes involving public authorities (for example, in connection with the prohibition of joint-stock company Federal Financial Markets Service to carry out transactions in the register of shareholders of the company) and others. On the basis of the objectives pursued by the parties to the conflict, the author proposes to divide the corporate conflicts into three groups. The first group consists conflicts, resolving the current controversy corporations in solving specific problems of management of the company. At the core of this group conflicts often is the use of corporate profits, payment of dividends.

Ground for corporate conflicts of this type are often mistakes and violations of corporate law, allowed managers. Typical manifestations of these conflicts are blocking minority parties to take certain decisions at general meetings; complaints to public authorities; legal action for violations of certain corporate governance procedures.

A second group of corporate blackmail ("greenmail"). Corporate blackmail aims to urge large corporation or its members to buy out the minority party its stake or share at a price above their market value, or to pay a compensation for the termination of the conflict. The most common forms of manifestation - the requirement to hold extraordinary general meetings with the agenda of early termination of the powers of management and election of new ones; attempt to form a parallel government; complaints and claims.

The third group consists conflicts, pursuing the goal of redistribution of property. This group conflict aimed at establishing control over the company by one or another group of participants. At the same time can be set temporary control over the assets and financial flows through the creation of alternative corporate boards of directors of several parallel election of the Directors General, etc. It can also be obtained by the corporate control of the company as a result of the so-called hostile takeovers or bankruptcies. The following classification criteria are the methods used in conflicts, to achieve their goals. The author proposes to divide the participants used the corporate conflict methods for legal and non-legal. The legal methods include techniques and methods that comply with applicable laws and their application does not entail legal responsibility. To unlawful methods include such techniques and methods commonly used by corporate conflict that do not conform to current legislation, entail liability stipulated by law, or do not violate the applicable legislation, but are unethical and do not correspond to current business practices in the field of legal relations. The legal methods of corporate conflicts include, in particular, the requirement of convening the board of directors and the general meeting of shareholders of the corporation; Filing an application in administrative, law enforcement and (or) the judiciary; purchase of shares, the shares or share corporations and others. unlawful methods include methods such as the creation of parallel controls the corporation; the formation of parallel registers of shareholders in joint stock companies; constituent documents forgery, embezzlement of shares; deliberate bankruptcy; hostile takeovers; defamatory PR firm and others. The fourth criterion for classification is the way to end the corporate conflicts. By the method of termination of the author proposes to divide the corporate conflicts two groups: antagonistskie and compromise. By antagonistskim include corporate conflicts, to stop that, based on the severity of the conflict, requires recourse to competent public authorities, to resolve disputes. This treatment can be a statement in judicial, administrative or law enforcement agencies. Compromise corporate conflicts involve their resolution through negotiations, through mediation, conciliation or arbitration. The final criterion for the classification of corporate disputes the author proposes to consider the consequences of corporate conflict for its members and corporations. Based on this criterion, the conflicts are divided into design (creative) and destructive. Structural consequences of corporate conflict which has arisen due to various errors and mistakes in the management of the corporation as a result of the violations of law on the part of management or members of the corporation and also for other reasons, allow a result of a corporate conflict overcome these shortcomings, mistakes and violations.

The destructive consequences of corporate conflicts adversely affect the activities of the corporation and its members. By the destructive effects of lead are usually protracted conflicts aimed at redistribution of property of the corporation. Classification of corporate conflicts, as mentioned earlier, reveals the optimal method to respond in a particular dispute. For example, for group conflicts "2" (based on the classification proposed by the author), whose purpose is to resolve the current contradictions and conflicts for the group "3", compromise the method of termination, the preferred alternative is the use of procedures for resolving corporate conflicts. At the same time for conflict resolution group "1", the purpose is the redistribution of property or corporate blackmail, as well as conflict resolution group "4" antagonistskih by the method of termination, will be the preferred application of judicial and administrative procedures, referral to law enforcement. Thus, the corporate conflict - a phenomenon quite objective and typical Russian corporate legal environment and unclassifiable, and therefore systematic comprehension.

 

Literature

  1. Conflict in diagrams and comments. - SPb .: Peter, 2005. P.91
  2. Corporate Governance. Textbook ed. Shihverdieva AP // Publishing House of the Academy public service at the Head of the Komi Republic, 2002. 24 pp.
  3.  A. Miroshnichenko Attack on joint-stock companies. / Http://www.vegaslex.ru/
  4. Osipenko OV Institutions of corporate governance and shareholder conflicts in Russia. - M .: IKF "EKMOS", 2004. S. 331.
  5. AD Osinovsky Shareholder against the company. SPb .: Publisher DNA. S. 43.
  6. Corporate conflicts. Their causes and ways to overcome them. - M .: Editorial