| Project/Area Number |
19K01367
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Multi-year Fund |
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| Section | 一般 |
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| Review Section |
Basic Section 05060:Civil law-related
|
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| Research Institution | Nagoya University |
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Principal Investigator |
McGinty Sean 名古屋大学, 法学研究科, 准教授 (40706818)
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| Project Period (FY) |
2019-04-01 – 2024-03-31
|
| Project Status |
Completed (Fiscal Year 2023)
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| Budget Amount *help |
¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2021: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2020: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
Fiscal Year 2019: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000)
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| Keywords | Corporate Law / Executive Compensation / Corporate Governance / Courts |
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| Outline of Research at the Start |
This research will allow us to understand how a key institution, courts, affect executive compensation. Given the rise in income inequality globally and the significant contribution of such compensation to this trend, understanding institutional limits is crucial to developing policy to address it.
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| Outline of Final Research Achievements |
Sean McGinty, ‘Pay Fight! Corporate Director Compensation Disputes in Japanese Courts and What to Make of
Them’ 53 Journal of Japanese Law 109 (2022);Sean McGinty, ‘The Courts and Executive Compensation in Canada’ 14(2) Law and Development Review
753 (2021)
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| Academic Significance and Societal Importance of the Research Achievements |
The research has elucidated the role played by litigated disputes in the Court system in shaping corporate executive compensation. This is an issue of important public debate, with implications for economic efficiency and also income and wealth inequality.
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