The Effects of Data Breaches on Corporate Debt Structure

• Project/Area Number: 24K16442
• Research Category: Grant-in-Aid for Early-Career Scientists
• Allocation Type: Multi-year Fund
• Review Section: Basic Section 07080:Business administration-related
• Research Institution: Hitotsubashi University
• Principal Investigator: LU CHUN 一橋大学, 大学院経営管理研究科, 講師 (20979489)
• Project Period (FY): 2024-04-01 – 2028-03-31
• Project Status: Granted (Fiscal Year 2024)
• Budget Amount: ¥4,680,000 (Direct Cost: ¥3,600,000、Indirect Cost: ¥1,080,000); Fiscal Year 2027: ¥390,000 (Direct Cost: ¥300,000、Indirect Cost: ¥90,000); Fiscal Year 2026: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2025: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000); Fiscal Year 2024: ¥2,340,000 (Direct Cost: ¥1,800,000、Indirect Cost: ¥540,000)
• Keywords: Data breaches / corporate debt structure

Outline of Research at the Start

In the era of Big Data, cybersecurity significantly influences corporate behavior. This study examines the impact of data breaches and disclosure laws on US corporations' financing sources. Breached firms face higher capital costs, altering their financing components. Understanding these effects can inform Japanese policymakers and businesses, enhancing local data protection mechanisms.