Empirical Study of a Parent-subsidiary Capital Relationship in Japan

Research Project

Project/Area Number	19730253
Research Category	Grant-in-Aid for Young Scientists (B)
Allocation Type	Single-year Grants
Research Field	Business administration
Research Institution	Saga University
Principal Investigator	OTSUBO Minoru Saga University, 経済学部, 准教授 (90325556)
Project Period (FY)	2007 – 2009
Project Status	Completed (Fiscal Year 2009)
Budget Amount *help	¥3,140,000 (Direct Cost: ¥2,600,000、Indirect Cost: ¥540,000) Fiscal Year 2009: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000) Fiscal Year 2008: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000) Fiscal Year 2007: ¥800,000 (Direct Cost: ¥800,000)
Keywords	上場子会社 / 完全子会社化 / 親子上場 / 事業再編 / 株式交換 / 子会社 / 関連会社 / 分社化
Research Abstract	This research investigates why Japanese firms have a variety of capital relationship between a parent company and the subsidiary comparing with U.S. firms. As a result of empirical research, a capital relationship after equity carve-outs is quite different between U.S. and Japanese firms. In addition, Japanese firms have changed a parent company-subsidiary capital relationship since 2000.

Report

(4 results)