CSR, premiums and cross-border M&A

• Project/Area Number: 24K00283
• Research Category: Grant-in-Aid for Scientific Research (B)
• Allocation Type: Multi-year Fund
• Section: 一般
• Review Section: Basic Section 07080:Business administration-related
• Research Institution: Kobe University
• Principal Investigator: Ralf Bebenroth 神戸大学, 経済経営研究所, 教授 (80403228)
• Co-Investigator(Kenkyū-buntansha): AHMED KASHIF 神戸大学, 経済経営研究所, 助手 (10962954)
• Project Period (FY): 2024-04-01 – 2029-03-31
• Project Status: Granted (Fiscal Year 2024)
• Budget Amount: ¥16,640,000 (Direct Cost: ¥12,800,000、Indirect Cost: ¥3,840,000); Fiscal Year 2028: ¥2,730,000 (Direct Cost: ¥2,100,000、Indirect Cost: ¥630,000); Fiscal Year 2027: ¥4,030,000 (Direct Cost: ¥3,100,000、Indirect Cost: ¥930,000); Fiscal Year 2026: ¥2,990,000 (Direct Cost: ¥2,300,000、Indirect Cost: ¥690,000); Fiscal Year 2025: ¥3,640,000 (Direct Cost: ¥2,800,000、Indirect Cost: ¥840,000); Fiscal Year 2024: ¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
• Keywords: Premiums / M&A / Overpayment / Japanese firms

Outline of Research at the Start

Extending the New Stakeholder Theory, we will use a battery of papers to demonstrate how Corporate Social Responsibility (CSR) measures taken by target firms affect their premiums.