The Management and restructuring of corporate subsidiaries in Japan
| Project/Area Number |
21530404
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| Research Category |
Grant-in-Aid for Scientific Research (C)
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| Allocation Type | Single-year Grants |
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| Section | 一般 |
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| Research Field |
Business administration
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| Research Institution | Aoyama Gakuin University |
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Principal Investigator |
USHIJIMA Tatsuo 青山学院大学, 国際マネジメント研究科, 教授 (80365014)
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| Project Period (FY) |
2009 – 2011
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| Project Status |
Completed (Fiscal Year 2011)
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| Budget Amount *help |
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2011: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2010: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2009: ¥1,950,000 (Direct Cost: ¥1,500,000、Indirect Cost: ¥450,000)
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| Keywords | 企業グループ / リストラクチャリング / 子会社 / 閉鎖 / 売却 / 経営学 / グループ経営 / 子会社整理 |
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| Research Abstract |
This study investigates factors affectingthe Japanese firm's decision to divest a subsidiary and those influencing the firm's choice of divestment mode(i. e. closure vs. selloff). We find that closure and selloff target differentkinds of subsidiaries : While closure is mainly used to remove an unprofitable subsidiary, selloff normally targets non-core subsidiaries which are more salable than the rest of the firm. This finding suggests that, though closure and selloff are both amethod of downsizing, they play heterogeneousroles in corporate restructuring.
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Report
(4 results)
Research Products
(4 results)
