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Comparative Examination of Law on Standards of Conduct for Directors and Officers of Nonprofit Entities in Japan and the United States

Research Project

Project/Area Number 16600001
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeSingle-year Grants
Section一般
Research Field 非営利・共同組織
Research InstitutionKyoto University

Principal Investigator

KINAMI Atsushi  Kyoto University, Faculty of Law, Professor, 大学院法学研究科, 教授 (30144314)

Co-Investigator(Kenkyū-buntansha) HONDA Masaki  Kyoto University, Faculty of Law, Professor, 大学院法学研究科, 教授 (80378504)
Project Period (FY) 2004 – 2006
Project Status Completed (Fiscal Year 2006)
Budget Amount *help
¥3,200,000 (Direct Cost: ¥3,200,000)
Fiscal Year 2006: ¥800,000 (Direct Cost: ¥800,000)
Fiscal Year 2005: ¥1,300,000 (Direct Cost: ¥1,300,000)
Fiscal Year 2004: ¥1,100,000 (Direct Cost: ¥1,100,000)
KeywordsNot-for-Profit Organizations / Charitable Trusts / Law of Trusts / Duty of Loyalty / Fiduciary Administration / Law of Corporations / 行動基準 / アメリカ法 / 比較法
Research Abstract

Proper organizational principles and good standards of conducts for directors and officers of not-for-profit organizations and trustees in charitable trust law for their administration are essential to assure that the purposes of those organizations and trusts are effectively served. This research investigated what those principles and standards of conducts are through comparative examination of law in Japan and in the United States that governs conducts of directors and officers of not-for-profit organizations and trustees.
Last year in Japan a set of laws was enacted that provides for the legal regime for nonprofit corporations and the criteria to meet for nonprofit corporations and purpose trusts to obtain charitable status. This research investigated on the organizational principles for nonprofit corporations and on duties and responsibilities of officers of those corporation comparing nonprofit and business corporation laws to bring similarities and differences in organizational principles between business and nonprofit corporations to relief.
Duties of directors and officers of nonprofit corporations and trustees of charitable trust are described as fiduciary duty and they are bound by rules imposed by discreet positive laws so that their administration of corporations and trust generate benefits as intended by their respective organic instruments. In this connection this research focus on the duty of loyalty for trustees as prototype, and investigated on the criteria to find a breach of loyalty duty under "no further" inquiry rule with a view toward effective enforcement of that duty.

Report

(4 results)
  • 2006 Annual Research Report   Final Research Report Summary
  • 2005 Annual Research Report
  • 2004 Annual Research Report
  • Research Products

    (6 results)

All 2007 2006 Other

All Journal Article (6 results)

  • [Journal Article] アメリカ法における受託者の忠実義務違反の判定方法に関する-考察2007

    • Author(s)
      木南 敦
    • Journal Title

      法学論叢 160巻3=4号

      Pages: 92-113

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] Duty of Loyalty and "No Further Inquiry" Rule Under the U.S. Law of Trusts Masaki Honda, Definition of Debt Instruments issued under Japan's Corporate Law, Part I, Part II2007

    • Author(s)
      Atsushi Kinami
    • Journal Title

      Hogaku Ronso Vo.160, Nos.3=4

      Pages: 92-113

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] アメリカ法における受託者の忠実義務違反の判定方法に関する一考察2007

    • Author(s)
      木南 敦
    • Journal Title

      法学論叢 160巻3・4号

      Pages: 92-113

    • NAID

      40015438755

    • Related Report
      2006 Annual Research Report
  • [Journal Article] 会社法上の社債の定義をめぐる諸問題〔上〕、〔下〕2006

    • Author(s)
      本多 正樹
    • Journal Title

      旬刊商事法務 1781,1782号

    • Description
      「研究成果報告書概要(和文)」より
    • Related Report
      2006 Final Research Report Summary
  • [Journal Article] 会社法上の社債の定義をめぐる諸問題〔上〕、〔下〕2006

    • Author(s)
      本多 正樹
    • Journal Title

      旬刊商事法務 1781、1782号

    • Related Report
      2006 Annual Research Report
  • [Journal Article] Definition of Debt Instruments issued under Japan's Corporate Law, Part I, Part II

    • Author(s)
      Masaki Honda
    • Journal Title

      Junkan Shoji Homu No.1781,No.1782

    • Description
      「研究成果報告書概要(欧文)」より
    • Related Report
      2006 Final Research Report Summary

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

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