Budget Amount *help |
¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000)
Fiscal Year 2009: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2008: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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Research Abstract |
I carried out two types of researches. The first is an analysis of real investment problems in the corporate finance framework. I revealed interactions among corporate financing, capital structure, and investment strategies, and I pointed out the presence of agency problems among managers, shareholders, and bondholders. The second research consists of case studies on real options. This includes many useful findings in evaluation of universities and adjustment of the number of entrants.
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