• Search Research Projects
  • Search Researchers
  • How to Use
  1. Back to previous page

Rules on takeovers and takeover defenses in Japan

Research Project

Project/Area Number 16530201
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field Public finance/Monetary economics
Research InstitutionHirosaki University

Principal Investigator

IIJIMA Hirotsugu  Hirosaki University, Faculty of Humanities, Associate Professor, 人文学部, 助教授 (70303039)

Co-Investigator(Kenkyū-buntansha) IEDA Takashi  Nagoya University of Commerce and Business Administration, Faculty of Management, Associate Professor, 総合経営学部, 助教授 (90319244)
Project Period (FY) 2004 – 2005
Project Status Completed (Fiscal Year 2005)
Budget Amount *help
¥1,600,000 (Direct Cost: ¥1,600,000)
Fiscal Year 2005: ¥700,000 (Direct Cost: ¥700,000)
Fiscal Year 2004: ¥900,000 (Direct Cost: ¥900,000)
KeywordsTakeover defenses / Poison pills / Proxy fights / Asymmetric information / Optimal design / 非対称情報 / 企業買収法制度 / 最適デザイン / 企業買収防衛策 / 取締役会 / 株主の非対称性
Research Abstract

We investigate rules on takeover activities and takeover defenses in Japan from viewpoints of Law and Economics. Our main results are following two. The first is on takeover defenses using "poison pills" in Japan. Takashi Ieda shows that takeover defenses of this type can often be excessive defense considering Japanese law and economic system. This investigation includes both theoretical and case study, in particular takeover defenses of Nippon Broadcasting System
The second is on rules on takeover activity. Hirotsugu Iijima investigates desirable rules under asymmetric information, which is not considered in the previous literature. This study includes, for example, the Tender Offer Rule, the Mandatory Bid Rule, various rules on two tier offers.

Report

(3 results)
  • 2005 Annual Research Report   Final Research Report Summary
  • 2004 Annual Research Report
  • Research Products

    (4 results)

All 2006 2005

All Journal Article (4 results)

  • [Journal Article] 東京スタイル決議取消訴訟事件-東京地判平成16年5月13日判決(判例評釈)2006

    • Author(s)
      家田 崇
    • Journal Title

      判例タイムズ 1197号

      Pages: 78-82

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2005 Annual Research Report 2005 Final Research Report Summary
  • [Journal Article] The case of Tokyo-Style ketsugi torikeshi shoshou (In Japanese)2006

    • Author(s)
      Takashi Ieda
    • Journal Title

      Hanrei Times 1197

      Pages: 78-82

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2005 Final Research Report Summary
  • [Journal Article] 日本版ポイズン・ピルの法的問題点2005

    • Author(s)
      家田 崇
    • Journal Title

      名古屋商科大学総合経営・経営情報論集 49巻2号

      Pages: 9-19

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2005 Annual Research Report 2005 Final Research Report Summary
  • [Journal Article] Legal problems of "poison pills" in Japan (In Japanese)2005

    • Author(s)
      Takashi Ieda
    • Journal Title

      NUCB Journal of Economics and Information Science 49-2

      Pages: 9-19

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2005 Final Research Report Summary

URL: 

Published: 2004-04-01   Modified: 2016-04-21  

Information User Guide FAQ News Terms of Use Attribution of KAKENHI

Powered by NII kakenhi