RAS Social ScienceСоциологические исследования Sotsialogicheski issledovania

  • ISSN (Print) 0132-1625
  • ISSN (Online) 3034-6010

Social Control of the Foreign Capital in the USA

PII
S268667300020020-2-
DOI
10.31857/S2686673022040058
Publication type
Article
Status
Published
Authors
Volume/ Edition
Volume / Issue 4
Pages
78-92
Abstract

It is generally assumed that foreign capital creates new enterprises in the United States, thereby increasing employment and leaving only environmental and environmental issues to the share of social control. However, the main way of penetration of foreign capital into the United States over the past decades has remained the purchase of a controlling stake in already operating American companies, and not the creation of new enterprises. Thus, of the total number of American enterprises acquired or newly founded by foreigners in 1988, 92% became the property of new owners by acquiring a controlling stake. And although the share of acquired companies declined in subsequent years, it remains predominant to this day. The weakness of the social form of control lies in its insufficient organization, since the components of the system of social control of foreign capital in the United States are non-governmental, public organizations or mass movements, often not having by their nature either their budget or a sufficiently clear organizational and managerial structure. The consequence of this is that public opinion reacts only to the most noticeable facts of the activities of foreign capital that are becoming public, while its other activities, hidden from the eyes of the media, remain uncontrolled.

Keywords
divestiture, golden parachutes, takeover bid, shark repellent, hostile offer, leveraged buy-outs, targeted repurchase, greenmail, toehold purchase, creeping tender-offer
Date of publication
25.04.2022
Year of publication
2022
Number of purchasers
11
Views
548

References

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