Economic analysis in buyout financings of private companies

Research Project

Project/Area Number	15H06458
Research Category	Grant-in-Aid for Research Activity Start-up
Allocation Type	Single-year Grants
Research Field	Money/ Finance
Research Institution	Kochi University
Principal Investigator	Amemiya Yuki 高知大学, 教育研究部人文社会科学系人文社会科学部門, 講師 (70759349)
Project Period (FY)	2015-08-28 – 2017-03-31
Project Status	Completed (Fiscal Year 2016)
Budget Amount *help	¥2,210,000 (Direct Cost: ¥1,700,000、Indirect Cost: ¥510,000) Fiscal Year 2016: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000) Fiscal Year 2015: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Keywords	寡占競争 / 非対称情報 / 金融市場 / 不確実性 / 経済理論 / コーポレート・ファイナンス / 契約理論
Outline of Final Research Achievements	The aim of this study is to construct a model that is applicable to analysis of competition in financial markets. In this study, we examine advantages of earlier entry in oligopolistic competition under asymmetric information. We show that the advantage of earlier entry needs conditions that the number of competitors is sufficiently large and that the ability to estimate the profitability of the entry is not so precise.

Report

(3 results)