| Budget Amount *help |
¥4,290,000 (Direct Cost: ¥3,300,000、Indirect Cost: ¥990,000)
Fiscal Year 2015: ¥1,170,000 (Direct Cost: ¥900,000、Indirect Cost: ¥270,000)
Fiscal Year 2014: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
Fiscal Year 2013: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
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| Outline of Final Research Achievements |
The achievements of this research project are following: (a) compared to the failure to exercise of care in the duty of care situation, the culpable state of mind other than directors' conflict of interest requires the conscious disregard of directors' responsibilities in the duty of loyalty cases; (b) in addition to the actual knowledge of each director, the bias of the whole directors also matters when they are potentially subject to the litigation as the defendant. However, recent Delaware cases show that on the matter of demand futility in derivative suits the courts usually review the director's state of mind including good faith in prudent and deferential manner favorable to directors.
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