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Corporate Raiding

CORPORATE RAIDING refers to two different types of behavior. The first is the situation in which a company hires away employees of interest from a competing company. Typically, the hiring company is interested in the knowledge and proprietary information that the employee has about the products, and/or financial situation of the company they are leaving. For example, Company A is a software development company, which approaches Mr. G who is a software writer for Company B, a competing software development firm. Company A agrees to pay Mr. G twice is salary at company B if he will move his projects to Company A. While not criminally illegal, this type of corporate raiding may be considered immoral or unethical, as well as civilly liable behavior. ...

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