What is ‘Kamikaze Defense ‘
A type of takeover defense mechanism sometimes resorted to by a company that is the target of a hostile bid. Kamikaze defense involves reshaping the target company – either by divesting substantial assets or by making unappealing acquisitions – so that its attraction to a corporate raider is greatly reduced. Kamikaze defense mechanisms include such aptly-named strategies as the “scorched earth” tactic, the “sale of crown jewels” strategy and the “fatman” maneuver.
Explaining ‘Kamikaze Defense ‘
Since they can inflict irreparable harm upon the target company, kamikaze defenses can be considered as strategies of last resort to prevent it from falling into hostile hands. The name is derived from the tactics used by Japanese suicide pilots in World War II.
Further Reading
- A Review of “Kamikazes, Corsairs, and Picket Ships: Okinawa, 1945” Rielly, Robin L. Havertown, PA: Casemate 449 pp., $34.95, ISBN 9781932033861 Publication … – www.tandfonline.com [PDF]
- Kamikaze Museums and Contents Tourism – www.tandfonline.com [PDF]
- 'Kamikaze'heritage tourism in Japan: a pathway to peace and understanding? – www.tandfonline.com [PDF]
- How does the offense-defense balance scale? – www.tandfonline.com [PDF]
- How to do things with experimental economics – books.google.com [PDF]
- The Japanese contribution to violence in the world: The kamikaze attacks in World War II – www.tandfonline.com [PDF]
