Practical use of the financial technique in the succession of family business

• Project/Area Number: 26590061
• Research Category: Grant-in-Aid for Challenging Exploratory Research
• Allocation Type: Multi-year Fund
• Research Field: Management
• Research Institution: Nagasaki University
• Principal Investigator: YOSHIDA Takafumi 長崎大学, 経済学部, 教授 (60210697)
• Project Period (FY): 2014-04-01 – 2016-03-31
• Project Status: Completed (Fiscal Year 2015)
• Budget Amount: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000); Fiscal Year 2015: ¥650,000 (Direct Cost: ¥500,000、Indirect Cost: ¥150,000); Fiscal Year 2014: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
• Keywords: 企業価値評価 / 中小企業 / 事業承継 / ファミリービジネス

Outline of Final Research Achievements

In the field survey, although the private management entrepreneurs had strong concern against short-term capital financing, it was checked that their understanding and concern are low about the financial assistance policy of the ABL which the Financial Services Agency and the Ministry of Economy, Trade and Industry promote. When making an advanced age manager's business continuation and maintenance of a living standard make compatible, it is one of the effective means to use the ABL type financial scheme.From now on, it is desirable that the mobilization technique like a reverse mortgage　will be applied in order to assist advanced age enterpreneurs’short-term capital financing.

Research Products

• [Presentation] レバレッジの活用 (2015)
  • Author(s): 吉田高文
  • Organizer: 日本戦略MG教育学会
  • Place of Presentation: 長崎大学経済学部（長崎市片淵４－２－１）
  • Year and Date: 2015-12-19
• [Presentation] 中小企業の企業価値評価におけるアンレバードβとリレバードβ (2015)
  • Author(s): 吉田高文
  • Organizer: 科研費研究発表会
  • Place of Presentation: 長崎大学（長崎県長崎市片淵4-2-1長崎大学経済学部）
  • Year and Date: 2015-03-02
• [Presentation] 中小企業の企業価値評価 (2014)
  • Author(s): 吉田高文
  • Organizer: 日本産業経済学会第65回研究部会
  • Place of Presentation: 常盤大学（茨城県水戸市見和1-430-1）
  • Year and Date: 2014-05-05